Nigeria needs to achieve a unit operating cost of $10 per barrel to be able to maximise more revenue from oil, Group General Manager of the National Petroleum Investment Management Service, Bala Wunti, has stated. He said the competitive nature of the global oil market had made it more compelling for Nigeria to reduce its oil production costs. Wunti while …
By Richard Murphy Cable Network News, CNN’s caption for a five minutes flick it produced on the Tuesday October 20, 2020 incident at Lekki Toll Gate in Lagos, Nigeria read like the title of a fiction and that is exactly what it is. The title is thus more amenable to being forgiven than the actual content of the video, which …
President Muhammadu Buhari says he is proud of Ebonyi State Governor, David Umahi, for defecting to the the All Progressives Congress (APC). Buhari described Umahi’s action “as a bold move driven purely by principle rather than opportunistic motives.” “I am proud of Governor David Umahi for taking this bold decision in accordance with his conscience and principles rather than any …
2020 Finance Bill: No Plan To Increase Taxes- The Federal Executive Council on Wednesday approved the 2020 Finance Bill. The decision was taken at a meeting of the council presided over by the President Muhammadu Buhari. The Minister of Finance, Budget and National Planning, Zainab Ahmed, briefed State House correspondents of the meeting’s outcome. She said the 2020 Finance Bill …
Renowned human rights activist and writer, Philip Agbese, has written President Muhammadu Buhari, on the lingering strike embarked on by members of the Academic Staff Union of Universities (ASUU). Recall that university lecturers have been on strike for over eight months in protest against the Federal Government’s preferred Integrated Payroll and Personnel Information System (IPPIS) and want UTAs instead. Agbese, …
