Agreement By Constance Athekame The Federal Government and Quaint Energy have signed a concession agreement for the development of 6 Megawatts (MW) Ikere Gorge Hydropower Project in Oyo State. The agreement also included the 2MW Omi-Kampe Hydropower Project in Kogi. Speaking at the signing in Abuja, the Minister of Power,Continue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) cautions Sterling Oil Exploration and Energy Production Company (SEEPCO) to abide by the commission’s mandates and ensure effective cooperation with its host communities. Mr Ekene Enefe, Chairman, RMAFC, Investment Monitoring Committee, gave the warning on Friday inContinue Reading
By Emmanuel Afonne The Federal Ministry of Innovation, Science and Technology has signed a landmark Memorandum of Agreement (MoA) with Shanghai Haiqi Industrial Company Ltd. China, to establish Nigeria’s first local insulin production facility. The agreement marks a significant step towards addressing the country’s insulin production needs and reducing relianceContinue Reading
By Gabriel Agbeja Nigeria has signed a Bilateral Air Service Agreement (BASA) with the Brazil, paving the way for direct flights between both countries. This is contained in a statement by Mr Tunde Moshood, Special Adviser on Media and Communications to Nigeria’s Minister of Aviation and Aerospace Development, in Abuja.Continue Reading
Demands By Joan Nwagwu The Academic Staff Union of Polytechnics (ASUP) has issued a 21-day ultimatum to the Federal Government to meet its outstanding demands in an agreement entered with the union. Mr Shammah Kpanja, President of ASUP, said this while addressing newsmen at the end of an emergency meetingContinue Reading
By Salisu Sani-Idris President Bola Tinubu and Indian Prime Minister Narendra Modi will soon sign Memoranda of Understanding(MOU), to enhance collaboration in critical sectors. Special Adviser to the President on Information & Strategy, Bayo Onanuga, disclosed this in a statement in Abuja. Onanuga explained that Tinubu would welcome theContinue Reading
By Emmanuella Anokam The SPDC Joint Venture partners have signed a Gas Sales and Purchase Agreement (GSPA) for the $3.5 billion Brass Fertiliser and Petrochemical Company Limited (BFPCL) project. The SPDC JV partners, comprising NNPC Ltd, Shell Petroleum Development Company (SPDC), TotalEnergies Ltd. and Eni would supply 270 million standardContinue Reading
