Connect with us

Nigeria Ltd

  •   By Chinyere Joel Nwokeoma News Agency of Nigeria The unprecedented impact of the coronavirus pandemic COVID 19 has continued to force everyone to expand their possibilities and adopt new ways of performing their duties It has caused individuals groups organizations and societies to reexamine the way they do things Indeed this has created the need for financial institutions and strategists to continue to question whether their operational resilience keeps pace with the rapid pace of digital developments A survey by McKinsey Ficial Insight Pulse in October 2020 found that most consumers expect to increase their use of digital and mobile banking services even after the COVID 19 crisis with 53 of consumers wanting their banks to pay them make the job easier get a line of credit and 36 want improved banking websites to make online transactions easier The survey showed that Nigeria saw an increase in agent banking transactions during the crisis opening up new possibilities to provide services to more people at lower cost He also revealed that changes can be reversed unless steps are taken to anchor new behaviors and attitudes Analysts note that the demographic age groups of the Nigerian population are fueling the pandemic s demand for further digitization of banking processes According to a recent United Nations population projection for 2020 Nigeria s largest population is under 30 He said 62 of Nigerians were under 25 representing a large market of innovative young people who lived at a rapid pace and were constantly on the lookout for institutions that would meet the demands of their 21st century lifestyle Some banks have started to capitalize on these huge opportunities Access Bank Fidelity Bank and United Bank for Africa for example have developed a number of user friendly digital products services and platforms to boost financial inclusion First Bank of Nigeria Ltd a subsidiary of FBN Holdings Plc Has also done a lot in this regard building on its 127 year history The bank has bridged the tax exclusion gap with the introduction of digital channels to make it easy for customers to conduct banking transactions With over 750 commercial locations and over 130 620 bank agents spread across 99 of Nigeria s 774 local government areas FirstBank provides financial services to individuals and businesses to serve its more than 30 million customers With an international presence through its subsidiaries FBN Bank UK Limited in London and Paris FBNBank in the Republic of Congo Ghana Gambia Guinea Sierra Leone and Senegal as well as an office of representation in Beijing analysts believe that the bank has had a significant impact According to its managing director Dr Adesola Adeduntan the bank has been successful in promoting digital payment in Nigeria and has issued more than 10 million cards Adeduntan claims that FirstBank has over 10 million people on its USSD Quick Banking service via bank code 894 and over 4 5 million people on the FirstMobile platform He says the bank s development and introduction of FirstMobile was aimed at giving its customers a head start by enabling them to take advantage of digital banking services Adeduntan notes that due to the effects of the coronavirus pandemic FirstBank has launched a FastTrack ATM designed to improve more formal operations without the need to physically interact with the machine The CEO is committed to ensuring that the bank s digital channels remain committed to providing transparent financial solutions We are committed to providing transparent financial solutions to ensure that our clients are able to transact in a timely manner in a safe secure and efficient manner thus putting them ahead in digital banking not only in Nigeria but in Africa According to him FirstBank launched an annual FinTech summit four years ago to lead conversations and practices that have impacted fintech and the electronic banking ecosystem He is convinced that the electronic banking ecosystem has been essential in filling the gaps of modern banking in today s global village Adeduntan says that the 2021 summit the fifth in its series scheduled for October 7 is themed Open Banking and its derivative opportunities for the financial ecosystem Participants at our summits were educated on how to best conduct their digital transactions and business activities in a secure and transparent manner Financial services have continuously evolved in Nigeria and around the world and we intend as in previous years to use our FinTech summit this year to discuss different perspectives on open banking and its opportunities partners in order to build on past successes he explains Mr Moses Igbrude Chair of Alternative Issuer and Investor Dispute Resolution welcomes banks digitization initiatives to ensure efficient service delivery The services during the lockdowns were efficient and effective He urges banks to keep up the pace adding that they should encourage their customer service units to do more by motivating them through training and other incentives The COO of InvestData Ltd Mr Ambrose Omordion describes the initiatives as useful saying they will improve services in banks and the financial sector in general Omordion calls on banks to invest more in technology and infrastructure that it says drives public services Source NAN
    Leveraging fintech to boost ficial services, inclusion
      By Chinyere Joel Nwokeoma News Agency of Nigeria The unprecedented impact of the coronavirus pandemic COVID 19 has continued to force everyone to expand their possibilities and adopt new ways of performing their duties It has caused individuals groups organizations and societies to reexamine the way they do things Indeed this has created the need for financial institutions and strategists to continue to question whether their operational resilience keeps pace with the rapid pace of digital developments A survey by McKinsey Ficial Insight Pulse in October 2020 found that most consumers expect to increase their use of digital and mobile banking services even after the COVID 19 crisis with 53 of consumers wanting their banks to pay them make the job easier get a line of credit and 36 want improved banking websites to make online transactions easier The survey showed that Nigeria saw an increase in agent banking transactions during the crisis opening up new possibilities to provide services to more people at lower cost He also revealed that changes can be reversed unless steps are taken to anchor new behaviors and attitudes Analysts note that the demographic age groups of the Nigerian population are fueling the pandemic s demand for further digitization of banking processes According to a recent United Nations population projection for 2020 Nigeria s largest population is under 30 He said 62 of Nigerians were under 25 representing a large market of innovative young people who lived at a rapid pace and were constantly on the lookout for institutions that would meet the demands of their 21st century lifestyle Some banks have started to capitalize on these huge opportunities Access Bank Fidelity Bank and United Bank for Africa for example have developed a number of user friendly digital products services and platforms to boost financial inclusion First Bank of Nigeria Ltd a subsidiary of FBN Holdings Plc Has also done a lot in this regard building on its 127 year history The bank has bridged the tax exclusion gap with the introduction of digital channels to make it easy for customers to conduct banking transactions With over 750 commercial locations and over 130 620 bank agents spread across 99 of Nigeria s 774 local government areas FirstBank provides financial services to individuals and businesses to serve its more than 30 million customers With an international presence through its subsidiaries FBN Bank UK Limited in London and Paris FBNBank in the Republic of Congo Ghana Gambia Guinea Sierra Leone and Senegal as well as an office of representation in Beijing analysts believe that the bank has had a significant impact According to its managing director Dr Adesola Adeduntan the bank has been successful in promoting digital payment in Nigeria and has issued more than 10 million cards Adeduntan claims that FirstBank has over 10 million people on its USSD Quick Banking service via bank code 894 and over 4 5 million people on the FirstMobile platform He says the bank s development and introduction of FirstMobile was aimed at giving its customers a head start by enabling them to take advantage of digital banking services Adeduntan notes that due to the effects of the coronavirus pandemic FirstBank has launched a FastTrack ATM designed to improve more formal operations without the need to physically interact with the machine The CEO is committed to ensuring that the bank s digital channels remain committed to providing transparent financial solutions We are committed to providing transparent financial solutions to ensure that our clients are able to transact in a timely manner in a safe secure and efficient manner thus putting them ahead in digital banking not only in Nigeria but in Africa According to him FirstBank launched an annual FinTech summit four years ago to lead conversations and practices that have impacted fintech and the electronic banking ecosystem He is convinced that the electronic banking ecosystem has been essential in filling the gaps of modern banking in today s global village Adeduntan says that the 2021 summit the fifth in its series scheduled for October 7 is themed Open Banking and its derivative opportunities for the financial ecosystem Participants at our summits were educated on how to best conduct their digital transactions and business activities in a secure and transparent manner Financial services have continuously evolved in Nigeria and around the world and we intend as in previous years to use our FinTech summit this year to discuss different perspectives on open banking and its opportunities partners in order to build on past successes he explains Mr Moses Igbrude Chair of Alternative Issuer and Investor Dispute Resolution welcomes banks digitization initiatives to ensure efficient service delivery The services during the lockdowns were efficient and effective He urges banks to keep up the pace adding that they should encourage their customer service units to do more by motivating them through training and other incentives The COO of InvestData Ltd Mr Ambrose Omordion describes the initiatives as useful saying they will improve services in banks and the financial sector in general Omordion calls on banks to invest more in technology and infrastructure that it says drives public services Source NAN
    Leveraging fintech to boost ficial services, inclusion
    General news1 year ago

    Leveraging fintech to boost ficial services, inclusion

    By Chinyere Joel-Nwokeoma News Agency of Nigeria

    The unprecedented impact of the coronavirus pandemic (COVID-19) has continued to force everyone to expand their possibilities and adopt new ways of performing their duties.

    It has caused individuals, groups, organizations and societies to reexamine the way they do things.

    Indeed, this has created the need for financial institutions and strategists to continue to question whether their operational resilience keeps pace with the rapid pace of digital developments.

    A survey by McKinsey Ficial Insight Pulse in October 2020 found that most consumers expect to increase their use of digital and mobile banking services even after the COVID-19 crisis, with 53% of consumers wanting their banks to pay them. make the job easier. get a line of credit, and 36% want improved banking websites to make online transactions easier.

    The survey showed that Nigeria saw an increase in agent banking transactions during the crisis, opening up new possibilities to provide services to more people at lower cost.

    He also revealed that changes can be reversed unless steps are taken to anchor new behaviors and attitudes.

    Analysts note that the demographic age groups of the Nigerian population are fueling the pandemic's demand for further digitization of banking processes.

    According to a recent United Nations population projection for 2020, Nigeria's largest population is under 30.

    He said 62% of Nigerians were under 25, representing a large market of innovative young people who lived at a rapid pace and were constantly on the lookout for institutions that would meet the demands of their 21st century lifestyle. .

    Some banks have started to capitalize on these huge opportunities.

    Access Bank, Fidelity Bank and United Bank for Africa, for example, have developed a number of user-friendly digital products, services and platforms to boost financial inclusion.

    First Bank of Nigeria Ltd., a subsidiary of FBN Holdings Plc., Has also done a lot in this regard, building on its 127 year history.

    The bank has bridged the tax exclusion gap with the introduction of digital channels to make it easy for customers to conduct banking transactions.

    With over 750 commercial locations and over 130,620 bank agents spread across 99% of Nigeria's 774 local government areas, FirstBank provides financial services to individuals and businesses to serve its more than 30 million customers.

    With an international presence through its subsidiaries - FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, Gambia, Guinea, Sierra-Leone and Senegal, as well as an office of representation in Beijing - analysts believe that the bank has had a significant impact.

    According to its managing director, Dr Adesola Adeduntan, the bank has been successful in promoting digital payment in Nigeria and has issued more than 10 million cards.

    Adeduntan claims that FirstBank has over 10 million people on its USSD Quick Banking service via bank code * 894 # and over 4.5 million people on the FirstMobile platform.

    He says the bank's development and introduction of FirstMobile was aimed at giving its customers a head start by enabling them to take advantage of digital banking services.

    Adeduntan notes that due to the effects of the coronavirus pandemic, FirstBank has launched a FastTrack ATM designed to improve more formal operations without the need to physically interact with the machine.

    The CEO is committed to ensuring that the bank's digital channels remain committed to providing transparent financial solutions.

    “We are committed to providing transparent financial solutions to ensure that our clients are able to transact in a timely manner in a safe, secure and efficient manner, thus putting them ahead in digital banking, not only in Nigeria but in Africa.

    According to him, FirstBank launched an annual FinTech summit four years ago to lead conversations and practices that have impacted fintech and the electronic banking ecosystem.

    He is convinced that the electronic banking ecosystem has been essential in filling the gaps of modern banking in today's global village.

    Adeduntan says that the 2021 summit, the fifth in its series, scheduled for October 7, is themed: "Open Banking and its derivative opportunities for the financial ecosystem."

    “Participants at our summits were educated on how to best conduct their digital transactions and business activities in a secure and transparent manner.

    “Financial services have continuously evolved in Nigeria and around the world, and we intend, as in previous years, to use our FinTech summit this year to discuss different perspectives on open banking and its opportunities. partners in order to build on past successes, '' he explains.

    Mr. Moses Igbrude, Chair of Alternative Issuer and Investor Dispute Resolution, welcomes banks' digitization initiatives to ensure efficient service delivery.

    “The services during the lockdowns were efficient and effective.

    He urges banks to keep up the pace, adding that they should encourage their customer service units to do more by motivating them through training and other incentives.

    The COO of InvestData Ltd., Mr. Ambrose Omordion, describes the initiatives as useful, saying they will improve services in banks and the financial sector in general.

    Omordion calls on banks to invest more in technology and infrastructure that it says drives public services.

    Source: NAN

  •   By Muhyideen Jimoh Youth and Sports Development Minister Sunday Dare has tasked the contractor responsible for the rehabilitation of Moshood Abiola Abuja National Stadium to complete the work by June The minister gave the accusation in Abuja on Friday after an inspection tour of the work in progress at the facility Dare who said he was satisfied with the quality of the work at the stadium however stressed the need to accelerate the pace of the work I am satisfied with the progress made so far the delivery date is now June There are football field tech like this when you see standard pitches it s not just sand and grass but there are downwinds of tech like sprinklers water among others We try to do it right so that with the right maintenance we are not drawn to this for another 10 years he said The Nigerian News Agency NAN reports that Mr Adeniji Adesoji executive director of ARON Nigeria Ltd the contractor responsible for the project pledged on Monday to conclude the project by May after a delay Rehabilitation of the stadium is being carried out by Alhaji Aliko Dangote as part of the Federal Government s Adopt a Land initiative The minister also took advantage of the inspection to take stock of the Nigerian team s preparation for the Tokyo 2020 Olympic Games We are done with the National Sports Festival now as a country and ministry our eyes are on the Olympics for which we have started a 100 day countdown In seven to ten days the camps will be open in Lagos Port Harcourt possibly Delta and Florida where we host most of our relay team athletes From there other team members will join them and maybe we will have another camp in Europe he said Dare argued that preparations for the Olympics have never stopped even with the effect of COVID 19 and preparations for the National Sports Festival NSF which has just ended We will try to maintain a 60 70 day campsite by doubling the 25 30 camping days we had in the past added the Minister NOPE NAN
    Rehabilitation: Minister instructs contractor to complete Abuja stadium by June
      By Muhyideen Jimoh Youth and Sports Development Minister Sunday Dare has tasked the contractor responsible for the rehabilitation of Moshood Abiola Abuja National Stadium to complete the work by June The minister gave the accusation in Abuja on Friday after an inspection tour of the work in progress at the facility Dare who said he was satisfied with the quality of the work at the stadium however stressed the need to accelerate the pace of the work I am satisfied with the progress made so far the delivery date is now June There are football field tech like this when you see standard pitches it s not just sand and grass but there are downwinds of tech like sprinklers water among others We try to do it right so that with the right maintenance we are not drawn to this for another 10 years he said The Nigerian News Agency NAN reports that Mr Adeniji Adesoji executive director of ARON Nigeria Ltd the contractor responsible for the project pledged on Monday to conclude the project by May after a delay Rehabilitation of the stadium is being carried out by Alhaji Aliko Dangote as part of the Federal Government s Adopt a Land initiative The minister also took advantage of the inspection to take stock of the Nigerian team s preparation for the Tokyo 2020 Olympic Games We are done with the National Sports Festival now as a country and ministry our eyes are on the Olympics for which we have started a 100 day countdown In seven to ten days the camps will be open in Lagos Port Harcourt possibly Delta and Florida where we host most of our relay team athletes From there other team members will join them and maybe we will have another camp in Europe he said Dare argued that preparations for the Olympics have never stopped even with the effect of COVID 19 and preparations for the National Sports Festival NSF which has just ended We will try to maintain a 60 70 day campsite by doubling the 25 30 camping days we had in the past added the Minister NOPE NAN
    Rehabilitation: Minister instructs contractor to complete Abuja stadium by June
    General news2 years ago

    Rehabilitation: Minister instructs contractor to complete Abuja stadium by June

    By Muhyideen Jimoh

    Youth and Sports Development Minister Sunday Dare has tasked the contractor responsible for the rehabilitation of Moshood Abiola Abuja National Stadium to complete the work by June.

    The minister gave the accusation in Abuja on Friday after an inspection tour of the work in progress at the facility.

    Dare, who said he was satisfied with the quality of the work at the stadium, however stressed the need to accelerate the pace of the work.

    “I am satisfied with the progress made so far, the delivery date is now June.

    “There are football field tech like this, when you see standard pitches it's not just sand and grass, but there are downwinds of tech like sprinklers. water, among others.

    “We try to do it right so that with the right maintenance we are not drawn to this for another 10 years,” he said.

    The Nigerian News Agency (NAN) reports that Mr. Adeniji Adesoji, executive director of ARON Nigeria Ltd, the contractor responsible for the project, pledged on Monday to conclude the project by May after a delay.

    Rehabilitation of the stadium is being carried out by Alhaji Aliko Dangote as part of the Federal Government's “Adopt a Land” initiative.

    The minister also took advantage of the inspection to take stock of the Nigerian team's preparation for the Tokyo 2020 Olympic Games.

    “We are done with the National Sports Festival, now as a country and ministry our eyes are on the Olympics for which we have started a 100 day countdown.

    “In seven to ten days the camps will be open in Lagos, Port Harcourt, possibly Delta and Florida, where we host most of our relay team athletes.

    “From there other team members will join them and maybe we will have another camp in Europe,” he said.

    Dare argued that preparations for the Olympics have never stopped, even with the effect of COVID-19 and preparations for the National Sports Festival (NSF) which has just ended.

    "We will try to maintain a 60-70 day campsite by doubling the 25-30 camping days we had in the past," added the Minister. (NOPE)

    (NAN)

  •   By Grace Alegba The Nigerian Institute of Electrical and Electronics Engineers NIEEE has advised the federal government to regulate the quality and standards of equipment to ensure better frequency transmission for digital television broadcasting Stephen Moses a NIEEE member launched the call at an eighth virtual physical scholarship award and presentation ceremony hosted by the institute on Monday Moses who is also the executive director of the Nigerian Television Authority NTA said Nigeria still operates an analog system He said NTA therefore needed the right transmitters to blend into the digital platforms for the country s frequency spectrum He added that Nigeria and most African countries still operate analogue television hence the need to use the right transmitters using the Internet to limit the interference of the airwaves with the signals Speaking on the topic Investigating the coexistence between DVB T2 and LTE networks in the digital dividend band in Nigeria Moses listed the different acceptable frequencies for TV and Internet transmissions He called on the relevant government agencies to maintain the protection ratio of digital video broadcasting DVB terrestrial second generation DVB T2 and long term evolution LTE networks to achieve seamless coexistence DVB is the extension of the DVB T television standard issued by the DVB consortium designed for broadcasting digital terrestrial television LTE is a wireless data transmission standard that allows downloading of favorite music websites and videos at a faster rate than with the previous technology 3G According to him there are areas of growing interest in spectrum use and studies on interference from the two services are needed as previous studies have not explored the case of Nigeria The guest speaker called on the Nigerian Broadcasting Service NBC the Nigeria Communication Commission NCC the Nigerian Custom and the Standard Organization of Nigeria SON to work with the institute to enforce the standards However he recommended that NCC and NBC apply the protection ratios Moses added that SON Nigerian Custom NCC and NBC should work together to ensure that only standard equipment is introduced to the Nigerian market He also urged agencies to rely on a practical coexistence guide for the two services in order to combine television with internet spectrum While giving a brief history of the institute Mr Adeyemi Kings National President of NIEEE said that it was established in 1984 but started awarding scholarships in 2015 with 28 chapters In order to effectively fulfill our mandate the NIEEE is constitutionally structured into three major sub divisions of electrical engineering namely electrical engineering telecommunications and ICT as well as the instrumentation and control sections did he declare In addition Ms Atinuke Owolabi Managing Director of Wurvicat International Ltd and the only female scholarship holder out of 24 thanked the institute on behalf of the other new scholarship holders Corporate Partnership Awards were presented to NCC Eko Electricity Distribution Company and IHS Nigeria Ltd alongside other notable engineers for their contributions NOPE NAN
    Institute advocates flawless internet for digital television
      By Grace Alegba The Nigerian Institute of Electrical and Electronics Engineers NIEEE has advised the federal government to regulate the quality and standards of equipment to ensure better frequency transmission for digital television broadcasting Stephen Moses a NIEEE member launched the call at an eighth virtual physical scholarship award and presentation ceremony hosted by the institute on Monday Moses who is also the executive director of the Nigerian Television Authority NTA said Nigeria still operates an analog system He said NTA therefore needed the right transmitters to blend into the digital platforms for the country s frequency spectrum He added that Nigeria and most African countries still operate analogue television hence the need to use the right transmitters using the Internet to limit the interference of the airwaves with the signals Speaking on the topic Investigating the coexistence between DVB T2 and LTE networks in the digital dividend band in Nigeria Moses listed the different acceptable frequencies for TV and Internet transmissions He called on the relevant government agencies to maintain the protection ratio of digital video broadcasting DVB terrestrial second generation DVB T2 and long term evolution LTE networks to achieve seamless coexistence DVB is the extension of the DVB T television standard issued by the DVB consortium designed for broadcasting digital terrestrial television LTE is a wireless data transmission standard that allows downloading of favorite music websites and videos at a faster rate than with the previous technology 3G According to him there are areas of growing interest in spectrum use and studies on interference from the two services are needed as previous studies have not explored the case of Nigeria The guest speaker called on the Nigerian Broadcasting Service NBC the Nigeria Communication Commission NCC the Nigerian Custom and the Standard Organization of Nigeria SON to work with the institute to enforce the standards However he recommended that NCC and NBC apply the protection ratios Moses added that SON Nigerian Custom NCC and NBC should work together to ensure that only standard equipment is introduced to the Nigerian market He also urged agencies to rely on a practical coexistence guide for the two services in order to combine television with internet spectrum While giving a brief history of the institute Mr Adeyemi Kings National President of NIEEE said that it was established in 1984 but started awarding scholarships in 2015 with 28 chapters In order to effectively fulfill our mandate the NIEEE is constitutionally structured into three major sub divisions of electrical engineering namely electrical engineering telecommunications and ICT as well as the instrumentation and control sections did he declare In addition Ms Atinuke Owolabi Managing Director of Wurvicat International Ltd and the only female scholarship holder out of 24 thanked the institute on behalf of the other new scholarship holders Corporate Partnership Awards were presented to NCC Eko Electricity Distribution Company and IHS Nigeria Ltd alongside other notable engineers for their contributions NOPE NAN
    Institute advocates flawless internet for digital television
    General news2 years ago

    Institute advocates flawless internet for digital television

    By Grace Alegba

    The Nigerian Institute of Electrical and Electronics Engineers (NIEEE) has advised the federal government to regulate the quality and standards of equipment to ensure better frequency transmission for digital television broadcasting.

    Stephen Moses, a NIEEE member, launched the call at an eighth virtual / physical scholarship award and presentation ceremony, hosted by the institute on Monday.

    Moses, who is also the executive director of the Nigerian Television Authority (NTA), said Nigeria still operates an analog system.

    He said NTA therefore needed the right transmitters to blend into the digital platforms for the country's frequency spectrum.

    He added that Nigeria and most African countries still operate analogue television, hence the need to use the right transmitters, "using the Internet to limit the interference of the airwaves with the signals".

    Speaking on the topic “Investigating the coexistence between DVB-T2 and LTE networks in the digital dividend band in Nigeria,” Moses listed the different acceptable frequencies for TV and Internet transmissions.

    He called on the relevant government agencies to maintain the protection ratio of digital video broadcasting (DVB) - terrestrial second generation (DVB-T2) and long-term evolution (LTE) networks to achieve seamless coexistence.

    DVB is the extension of the DVB-T television standard, issued by the DVB consortium, designed for broadcasting digital terrestrial television.

    LTE is a wireless data transmission standard that allows downloading of favorite music, websites and videos at a faster rate than with the previous technology, 3G.

    According to him, there are areas of growing interest in spectrum use and studies on interference from the two services are needed as previous studies have not explored the case of Nigeria.

    The guest speaker called on the Nigerian Broadcasting Service (NBC), the Nigeria Communication Commission (NCC), the Nigerian Custom and the Standard Organization of Nigeria (SON) to work with the institute to enforce the standards.

    However, he recommended that NCC and NBC apply the protection ratios.

    Moses added that SON, Nigerian Custom, NCC and NBC should work together to ensure that only standard equipment is introduced to the Nigerian market.

    He also urged agencies to rely on a practical coexistence guide for the two services in order to combine television with internet spectrum.

    While giving a brief history of the institute, Mr. Adeyemi Kings, National President of NIEEE, said that it was established in 1984 but started awarding scholarships in 2015 with 28 chapters.

    "In order to effectively fulfill our mandate, the NIEEE is constitutionally structured into three major sub-divisions of electrical engineering, namely electrical engineering, telecommunications and ICT, as well as the instrumentation and control sections," did he declare.

    In addition, Ms Atinuke Owolabi, Managing Director of Wurvicat International Ltd, and the only female scholarship holder out of 24, thanked the institute on behalf of the other new scholarship holders.

    Corporate Partnership Awards were presented to NCC, Eko Electricity Distribution Company and IHS Nigeria Ltd alongside other notable engineers for their contributions. (NOPE)

    (NAN)

  •   Two members of Seplat Petroleum Development Company Plc Board Mr Michael Alexander and Mrs Ifueko Omoigui Okauru are to retire from the board effective Jan 31 2021 Mrs Edith Onwuchekwa the company s Secretary and General Counsel disclosed this in a notice sent to the Nigerian Stock Exchange NSE on Thursday in Lagos According to the notice Alexander who is a Senior Independent Non Executive Director was appointed to the board in June 2013 while Mrs Okauru an Independent Non Executive Director was appointed in March 2013 The notice said that for the past seven years both directors had served the board meritoriously deploying their multi facetted experiences towards the growth of the organisation Seplat remains grateful for their immense contributions to the board and the company Consequently the Board of Directors is pleased to announce that Mr Basil Omiyi Independent Non Executive Director will become the Senior Independent Non Executive Director from Feb 1 2021 Omiyi joined the Seplat Board in 2013 after a 40 year career at Royal Dutch Shell during which time he occupied a number of senior roles in Nigeria and Europe including Managing Director Shell Petroleum Development Company of Nigeria Ltd and Country Chairman of Shell Companies in Nigeria This announcement is being made in accordance with Rule 4 of the Nigerian Stock Exchange Amended Listing Rules and Rule 9 6 11 of the UK Listing Rules the notice read Edited By Johnson Eyiangho Oluwole Sogunle Source NAN
    Seplat Petroleum Plc announces 2 outgoing board members
      Two members of Seplat Petroleum Development Company Plc Board Mr Michael Alexander and Mrs Ifueko Omoigui Okauru are to retire from the board effective Jan 31 2021 Mrs Edith Onwuchekwa the company s Secretary and General Counsel disclosed this in a notice sent to the Nigerian Stock Exchange NSE on Thursday in Lagos According to the notice Alexander who is a Senior Independent Non Executive Director was appointed to the board in June 2013 while Mrs Okauru an Independent Non Executive Director was appointed in March 2013 The notice said that for the past seven years both directors had served the board meritoriously deploying their multi facetted experiences towards the growth of the organisation Seplat remains grateful for their immense contributions to the board and the company Consequently the Board of Directors is pleased to announce that Mr Basil Omiyi Independent Non Executive Director will become the Senior Independent Non Executive Director from Feb 1 2021 Omiyi joined the Seplat Board in 2013 after a 40 year career at Royal Dutch Shell during which time he occupied a number of senior roles in Nigeria and Europe including Managing Director Shell Petroleum Development Company of Nigeria Ltd and Country Chairman of Shell Companies in Nigeria This announcement is being made in accordance with Rule 4 of the Nigerian Stock Exchange Amended Listing Rules and Rule 9 6 11 of the UK Listing Rules the notice read Edited By Johnson Eyiangho Oluwole Sogunle Source NAN
    Seplat Petroleum Plc announces 2 outgoing board members
    Economy2 years ago

    Seplat Petroleum Plc announces 2 outgoing board members

    Two members of Seplat Petroleum Development Company Plc Board, Mr Michael Alexander and Mrs Ifueko Omoigui Okauru, are to retire from the board, effective Jan. 31, 2021.

    Mrs Edith Onwuchekwa, the company’s Secretary and General Counsel, disclosed this in a notice sent to the Nigerian Stock Exchange (NSE) on Thursday in Lagos.

    According to the notice, Alexander, who is a Senior Independent Non-Executive Director, was appointed to the board in June 2013, while Mrs Okauru, an Independent Non-Executive Director, was appointed in March 2013.

    The notice said that for the past seven years, both directors had served the board meritoriously, deploying their multi-facetted experiences towards the growth of the organisation.

    “Seplat remains grateful for their immense contributions to the board and the company.

    “Consequently, the Board of Directors is pleased to announce that Mr Basil Omiyi, Independent Non-Executive Director, will become the Senior Independent Non-Executive Director from Feb. 1, 2021.

    “Omiyi joined the Seplat Board in 2013 after a 40-year career at Royal Dutch Shell, during which time he occupied a number of senior roles in Nigeria and Europe, including Managing Director, Shell Petroleum Development Company of Nigeria Ltd., and Country Chairman of Shell Companies in Nigeria.

    “This announcement is being made in accordance with Rule 4 of the Nigerian Stock Exchange Amended Listing Rules and Rule 9.6.11 of the UK Listing Rules,” the notice read.


    Edited By: Johnson Eyiangho/Oluwole Sogunle
    Source: NAN

  •   The Federal Government s drive to stimulate job creation has started yielding dividends with Techno Oil Ltd set to inaugurate an automated Liquefied Petroleum Gas LPG terminal at Kirikiri in Apapa Lagos It is expected to generate 2 000 jobs The Managing Director of Techno Gas and Power Mr Collins Onyeama who made the disclosure while briefing newsmen on Thursday in Lagos said the facility would be inaugurated by the Minister of State for Petroleum Resources Chief Timipre Sylva on Nov 18 Onyeama said the building of the terminal which holds 8 400 metric tons of cooking gas began in 2016 and that it was built by CAKASA Nigeria Ltd in collaboration with foreign technical partners He said that the facility would boost the realisation of the LPG Expansion Project of the Federal Government The terminal will generate revenue for all tiers of government through taxes and levies and more importantly generate over 2 000 direct and indirect jobs for the teeming Nigerian population Onyeama said He said that a vessel MT Pertusola had since discharged products emanating from the OSO Butane Bonny Terminal in Rivers at the Techno Oil facility According to him the terminal is a big boost to the quest by government to deploy LPG infrastructure which he described as currently inadequate in Nigeria Onyeama noted that the terminal would deepen LPG adoption and help in the resolve of the present administration to encourage the private sector to provide jobs for the populace The managing director said that the investment would also contribute significantly to gas flaring reduction He reiterated that Techno Oil embarked on the project to boost the drive by the Federal Government to increase consumption of LPG currently standing at about 400 000 metric tons in Nigeria yearly Onyeama described the deployment of the facility as another milestone for his company after the inauguration of a landmark LPG manufacturing plant owned by the company by Vice President Yemi Osinbajo in June 2019 He said he was delighted that Techno Oil was contributing its quota in getting more Nigerian homes to embrace cooking gas for cleaner safer and healthier environment The managing director expressed his optimism that availability of cooking gas would discourage Nigerians from using firewood kerosene and other inelegant materials for cooking Onyeama restated that although the use of cooking gas had increased by about 36 8 per cent in Nigeria in the past five years over 90 per cent of households still relied on kerosene firewood and other unhealthy fossils He said that Nigeria had a population of over 170 million people but that the country had less than one million households using cooking gas According to him Nigeria still ranks lowest in sub Saharan Africa in per capita usage of LPG consuming 1 1kg compared to Ghana was currently consuming 3 0kg The News Agency of Nigeria reports that Techno Oil began operations 21 years ago operating as a downstream company It was marketing Esso blended lubricants before venturing into other areas of oil and gas Nigeria currently has five privately owned LPG terminals in Lagos Edited By Silas Nwoha Source NAN
    FG to unveil Techno Oil LPG Lagos terminal, Nov. 18
      The Federal Government s drive to stimulate job creation has started yielding dividends with Techno Oil Ltd set to inaugurate an automated Liquefied Petroleum Gas LPG terminal at Kirikiri in Apapa Lagos It is expected to generate 2 000 jobs The Managing Director of Techno Gas and Power Mr Collins Onyeama who made the disclosure while briefing newsmen on Thursday in Lagos said the facility would be inaugurated by the Minister of State for Petroleum Resources Chief Timipre Sylva on Nov 18 Onyeama said the building of the terminal which holds 8 400 metric tons of cooking gas began in 2016 and that it was built by CAKASA Nigeria Ltd in collaboration with foreign technical partners He said that the facility would boost the realisation of the LPG Expansion Project of the Federal Government The terminal will generate revenue for all tiers of government through taxes and levies and more importantly generate over 2 000 direct and indirect jobs for the teeming Nigerian population Onyeama said He said that a vessel MT Pertusola had since discharged products emanating from the OSO Butane Bonny Terminal in Rivers at the Techno Oil facility According to him the terminal is a big boost to the quest by government to deploy LPG infrastructure which he described as currently inadequate in Nigeria Onyeama noted that the terminal would deepen LPG adoption and help in the resolve of the present administration to encourage the private sector to provide jobs for the populace The managing director said that the investment would also contribute significantly to gas flaring reduction He reiterated that Techno Oil embarked on the project to boost the drive by the Federal Government to increase consumption of LPG currently standing at about 400 000 metric tons in Nigeria yearly Onyeama described the deployment of the facility as another milestone for his company after the inauguration of a landmark LPG manufacturing plant owned by the company by Vice President Yemi Osinbajo in June 2019 He said he was delighted that Techno Oil was contributing its quota in getting more Nigerian homes to embrace cooking gas for cleaner safer and healthier environment The managing director expressed his optimism that availability of cooking gas would discourage Nigerians from using firewood kerosene and other inelegant materials for cooking Onyeama restated that although the use of cooking gas had increased by about 36 8 per cent in Nigeria in the past five years over 90 per cent of households still relied on kerosene firewood and other unhealthy fossils He said that Nigeria had a population of over 170 million people but that the country had less than one million households using cooking gas According to him Nigeria still ranks lowest in sub Saharan Africa in per capita usage of LPG consuming 1 1kg compared to Ghana was currently consuming 3 0kg The News Agency of Nigeria reports that Techno Oil began operations 21 years ago operating as a downstream company It was marketing Esso blended lubricants before venturing into other areas of oil and gas Nigeria currently has five privately owned LPG terminals in Lagos Edited By Silas Nwoha Source NAN
    FG to unveil Techno Oil LPG Lagos terminal, Nov. 18
    Oil & Gas2 years ago

    FG to unveil Techno Oil LPG Lagos terminal, Nov. 18

    The Federal Government’s drive to stimulate job creation has started yielding dividends with Techno Oil Ltd set to inaugurate an automated Liquefied Petroleum Gas (LPG) terminal at Kirikiri in Apapa, Lagos. It is expected to generate 2,000 jobs.

    The Managing Director of Techno Gas and Power, Mr Collins Onyeama, who made the disclosure while briefing newsmen on Thursday in Lagos  said the facility would be inaugurated by the Minister of State for Petroleum Resources, Chief Timipre Sylva on Nov. 18.

    Onyeama said the building of the terminal, which holds 8,400 metric tons of cooking gas began in 2016 and that it was built by CAKASA Nigeria Ltd. in collaboration with foreign technical partners.

    He said that the facility would boost the realisation of the LPG Expansion Project of the Federal Government.

    “The terminal will generate revenue for all tiers of government through taxes and levies and more importantly generate over 2,000 direct and indirect jobs for the teeming Nigerian population,” Onyeama said.

    He said that a vessel, MT Pertusola had since discharged products, emanating from the OSO-Butane Bonny Terminal in Rivers at the Techno Oil facility.

    According to him, the terminal is a big boost to the quest by government to deploy LPG infrastructure, which he described as currently inadequate in Nigeria.

    Onyeama noted that the terminal would deepen LPG adoption and help in the resolve of the present administration to encourage the private sector to provide jobs for the populace.

    The managing director said that the investment would also contribute significantly to gas flaring reduction.

    He reiterated that Techno Oil embarked on the project to boost the drive by the Federal Government to increase consumption of LPG, currently standing at about 400,000 metric tons in Nigeria yearly.

    Onyeama described the deployment of the facility as another milestone for his company after the inauguration of a landmark LPG manufacturing plant, owned by the company by  Vice-President Yemi Osinbajo in June 2019.

    He said he was delighted that Techno Oil was contributing its quota in getting more Nigerian homes to embrace cooking gas for cleaner, safer and healthier environment.

    The managing director expressed his optimism that availability of cooking gas would discourage Nigerians from using firewood, kerosene and other inelegant materials for cooking.

    Onyeama restated that although the use of cooking gas had increased by about 36.8 per cent in Nigeria in the past five years, over 90 per cent of households still relied on kerosene, firewood and other unhealthy fossils.

    He said that Nigeria had a population of over 170 million people but that the country had less than one million households using cooking gas.

    According to him, Nigeria still ranks lowest in sub-Saharan Africa in per capita usage of LPG, consuming 1.1kg, compared to Ghana, was currently consuming 3.0kg.

    The News Agency of Nigeria reports that Techno Oil began operations 21 years ago, operating as a downstream company. It was marketing Esso blended lubricants before venturing into other areas of oil and gas.

    Nigeria currently has five privately-owned LPG terminals in Lagos.


    Edited By: Silas Nwoha
    Source: NAN

  •  Commodity group organises outgrower programme for 1 250 Oil palm farmers in EdoProgrammeBenin Nov 3 2020 TA Commodity Producer Co Nigeria Ltd says it is organising an outgrower programme for 1 250 smallholders Oil Palm farmers in Edo Managing Director TA Commodity Producer Co Nigeria Ltd Mr Festus Ebozele disclosed this during an interview with the News Agency of Nigeria in Benin on Tuesday Ebozele said the outgrower programme involved working with smallholder oil palm farmers to maintain and rehabilitate their farms as well as link the farmers to a ready market We are targeting 1 250 oil palm farmers to operate 5 000 hectares at the ratio of a farmer to four hectares and the project will last for 10 years The aim of the programme is to assist smallholder oil palm farmers get access to finance improved yield and ready market He said that the first phase of the programme had srarted with the mapping of the farms by Okomu Oil Palm PLC The mapping process is ongoing and it is to help us know the status of the farms and know how to assist the farmers We are working with oil palm farmers in four different cooperatives in Esan West Uhunmwonde Ovia North East and Ovia South West Local Government Areas of the state We will help the farmers to improve their yields and then uptake the fresh fruit bunches from the farms and supply to Okomu PLC at a higher income to the farmers He added that the programme would also be extended to Cocoa and Rubber farmers in the state to deepen the value chain of the crops Edited By Kevin Okunzuwa Donald Ugwu Source NAN
    Commodity group organises outgrower programme for 1,250 Oil palm farmers in Edo
     Commodity group organises outgrower programme for 1 250 Oil palm farmers in EdoProgrammeBenin Nov 3 2020 TA Commodity Producer Co Nigeria Ltd says it is organising an outgrower programme for 1 250 smallholders Oil Palm farmers in Edo Managing Director TA Commodity Producer Co Nigeria Ltd Mr Festus Ebozele disclosed this during an interview with the News Agency of Nigeria in Benin on Tuesday Ebozele said the outgrower programme involved working with smallholder oil palm farmers to maintain and rehabilitate their farms as well as link the farmers to a ready market We are targeting 1 250 oil palm farmers to operate 5 000 hectares at the ratio of a farmer to four hectares and the project will last for 10 years The aim of the programme is to assist smallholder oil palm farmers get access to finance improved yield and ready market He said that the first phase of the programme had srarted with the mapping of the farms by Okomu Oil Palm PLC The mapping process is ongoing and it is to help us know the status of the farms and know how to assist the farmers We are working with oil palm farmers in four different cooperatives in Esan West Uhunmwonde Ovia North East and Ovia South West Local Government Areas of the state We will help the farmers to improve their yields and then uptake the fresh fruit bunches from the farms and supply to Okomu PLC at a higher income to the farmers He added that the programme would also be extended to Cocoa and Rubber farmers in the state to deepen the value chain of the crops Edited By Kevin Okunzuwa Donald Ugwu Source NAN
    Commodity group organises outgrower programme for 1,250 Oil palm farmers in Edo
    Agriculture2 years ago

    Commodity group organises outgrower programme for 1,250 Oil palm farmers in Edo

    Commodity group organises outgrower programme for 1,250 Oil palm farmers in Edo

    Programme

    Benin, Nov. 3, 2020 TA Commodity Producer Co. Nigeria Ltd says it is  organising an outgrower programme for 1,250 smallholders Oil Palm farmers in Edo.

    Managing Director, TA Commodity Producer Co. Nigeria Ltd, Mr Festus Ebozele, disclosed this during an interview with the News Agency of Nigeria in Benin on Tuesday.

    Ebozele said the outgrower programme involved working with smallholder oil palm farmers to maintain and rehabilitate their farms as well as link the farmers to a ready market.

    “We are targeting 1,250 oil palm farmers to operate 5,000 hectares at the ratio of a farmer to four hectares and the project will last for 10 years.

    “The aim of the programme is to assist smallholder oil palm farmers get access to finance, improved yield and ready market.”

    He said that the first phase of the programme had srarted with the mapping of the farms by Okomu Oil Palm PLC.

    “The mapping process is ongoing and it is to help us know the status of the farms and know how to assist the farmers.

    “We are working with oil palm farmers in four different cooperatives in Esan West, Uhunmwonde, Ovia North East and Ovia South West Local Government Areas of the state.

    “We will help the farmers to improve their yields and then uptake the fresh fruit bunches from the farms and supply to Okomu PLC at a higher income to the farmers.”

    He added that the programme would also be extended to Cocoa and Rubber farmers in the state to deepen the value chain of the crops.


    Edited By: Kevin Okunzuwa/Donald Ugwu
    Source: NAN

  •  The Board of Total E amp P Nigeria Ltd has approved the appointment of Mr Victor Bandele as the Deputy Managing Director in charge of the company s Deepwater District with effect from Sept 23 Mr Charles Ebereonwu Country Communications Manager Total E amp P Nigeria Ltd made the announcement in a statement issued on Tuesday in Lagos According to the statement Bandele a Fellow of the Nigerian Society of Engineers takes over from Mr Ahmadu Kida Musa who has retired from the company after a successful 35 year career The statement said that prior to his current position Bandele was the Executive Director in charge of the companys Port Harcourt JV District where he oversaw activities of three main technical divisions and two support entities within the district Bandele joined the company as a Trainee Reservoir Engineer in 1993 He was involved in many subsurface field management and development activities onshore and offshore including some non operated assets of the company until 2004 when he became the Geosciences and Reservoir engineering GSR team leader for the offshore OML 99 Assets the statement read in part Bandele according to the statement is a quintessential professional who has held important positions in operations projects and management within Nigeria and overseas These include serving as GSR Manager for Akpo Field which was the first Deepwater development project executed by Total in Nigeria He was Executive General Manager GSR and Assets management within the JV District and worked as Petroleum Architect in the Development Studies entity at Total s headquarters in Paris He returned to the Nigerian subsidiary as Executive General Manager Special Duties JV District in 2015 and was later appointed to the Board of Directors of Total E amp P Nigeria Ltd as Executive Director JV District During his tenure in this position Total E amp P Nigeria Ltd made several landmark achievements These include the completion of the OFON Phase 2 development commencement of domestic gas supply through the Obite Ubeta Rumuji Northern Option Pipeline infrastructure as well as the launch of the Ikike field development project it read ASO BOLA SOAEdited By Bola Akingbehin Oluwole Sogunle Source NAN
    Total Nigeria appoints Bandele as Deputy Managing Director
     The Board of Total E amp P Nigeria Ltd has approved the appointment of Mr Victor Bandele as the Deputy Managing Director in charge of the company s Deepwater District with effect from Sept 23 Mr Charles Ebereonwu Country Communications Manager Total E amp P Nigeria Ltd made the announcement in a statement issued on Tuesday in Lagos According to the statement Bandele a Fellow of the Nigerian Society of Engineers takes over from Mr Ahmadu Kida Musa who has retired from the company after a successful 35 year career The statement said that prior to his current position Bandele was the Executive Director in charge of the companys Port Harcourt JV District where he oversaw activities of three main technical divisions and two support entities within the district Bandele joined the company as a Trainee Reservoir Engineer in 1993 He was involved in many subsurface field management and development activities onshore and offshore including some non operated assets of the company until 2004 when he became the Geosciences and Reservoir engineering GSR team leader for the offshore OML 99 Assets the statement read in part Bandele according to the statement is a quintessential professional who has held important positions in operations projects and management within Nigeria and overseas These include serving as GSR Manager for Akpo Field which was the first Deepwater development project executed by Total in Nigeria He was Executive General Manager GSR and Assets management within the JV District and worked as Petroleum Architect in the Development Studies entity at Total s headquarters in Paris He returned to the Nigerian subsidiary as Executive General Manager Special Duties JV District in 2015 and was later appointed to the Board of Directors of Total E amp P Nigeria Ltd as Executive Director JV District During his tenure in this position Total E amp P Nigeria Ltd made several landmark achievements These include the completion of the OFON Phase 2 development commencement of domestic gas supply through the Obite Ubeta Rumuji Northern Option Pipeline infrastructure as well as the launch of the Ikike field development project it read ASO BOLA SOAEdited By Bola Akingbehin Oluwole Sogunle Source NAN
    Total Nigeria appoints Bandele as Deputy Managing Director
    Oil & Gas2 years ago

    Total Nigeria appoints Bandele as Deputy Managing Director

    The Board of Total E&P Nigeria Ltd. has approved the appointment of Mr Victor Bandele, as the Deputy Managing Director in charge of the company’s Deepwater District with effect from Sept. 23.

    Mr Charles Ebereonwu, Country Communications Manager, Total E&P Nigeria Ltd. made the announcement in a statement issued on Tuesday in Lagos.

    According to the statement, Bandele, a Fellow of the Nigerian Society of Engineers, takes over from Mr Ahmadu-Kida Musa, who has retired from the company after a successful 35-year career.

    The statement said that prior to his current position, Bandele was the Executive Director in charge of the companys Port Harcourt/JV District, where he oversaw activities of three main technical divisions and two support entities within the district.

    “Bandele joined the company as a Trainee Reservoir Engineer in 1993.

    “He was involved in many subsurface field management and development activities  onshore and offshore, including some non-operated assets of the company until 2004 when he became the Geosciences and Reservoir engineering (GSR) team leader for the offshore OML 99 Assets,” the statement read in part.

    Bandele, according to the statement, is a quintessential professional who has held important positions in operations, projects and management within Nigeria and overseas.

    These include serving as GSR Manager for Akpo Field which was the first Deepwater development project executed by Total in Nigeria.

    “He was Executive General Manager, GSR and Assets management within the JV District and worked as Petroleum Architect in the Development Studies entity at Total’s headquarters in Paris.

    “He returned to the Nigerian subsidiary as Executive General Manager, Special Duties, JV District in 2015, and was later appointed to the Board of Directors of Total E&P Nigeria Ltd., as Executive Director, JV District.

    “During his tenure in this position, Total E&P Nigeria Ltd., made several landmark achievements.

    “These include the completion of the OFON Phase 2 development, commencement of domestic gas supply through the Obite, Ubeta, Rumuji/Northern Option Pipeline() infrastructure, as well as the launch of the Ikike field development project,” it read.

    ASO/ BOLA SOA


    Edited By: Bola Akingbehin/Oluwole Sogunle
    Source: NAN

     

     

  •  The UN Children s Fund UNICEF has donated 115 000COVID 19 test kits to the Nigeria Centre for Disease Control NCDC to assistFederal Government s efforts to curb the Coronavirus pandemic The UNICEF Representative Ms Rushnan Murtaza said this on Tuesday during thedonation at the NCDC National Reference Laboratory in Abuja According to her the donation is funded by IHS Towers as part of its contributionto curbing the COVID 19 pandemic in Nigeria IHS Towers Nigeria Ltd is a Nigeria based company established in 2001 to provideand maintain telecommunications infrastructure Murtaza said today we are here with IHS Nigeria once again to present vital test kits and supplies The kits were procured through donations by IHS Nigeria to UNICEF to strengthen the fund s support for the Nigerian government s response to the COVID 19 emergency She said that since the COVID 19 pandemic hit Nigeria IHS Towers had twice extended financial support to UNICEF to facilitate provision of essential equipment and test kits crucial in the response to curb the virus Murtaza said that the support made IHS Towers the biggest private sector contributorin Nigeria for UNICEF Nigeria support to COVID 19 response She added that the fund in Nigeria works alongside the government in realising therights of all children making the United Nations mandate a reality of leaving no one behind The UNICEF representative said that in 2019 the Federal Government UNICEF andthe business sector launched an initiative on Water Sanitation and Hygiene WASH sector She explained that efforts by IHS Nigeria had continued to contribute its core businessassets as well as convene peer organisations to support the campaign The Director General of NCDC Dr Chikwe Ihekweazu said that the country was workingtoward ensuring that its citizens were protected He said we will ensure that Nigerians get back their lives According to him whenever the story of Nigeria is told UNICEF and IHS Towers must be mentioned He thanked the donors for their support in the fight against COVID 19 and promised thatthe centre would make proper use of the items According to him the NCDC National Reference Laboratory in Abuja runs for 24 hours including Saturdays and Sundays The Chief Executive Officer of IHS Nigeria Ltd Muhamad Darwish said that thecompany would continue to support the country Darwish urged the government to focus more on awareness as key to the fight against the COVID 19 According to him one thing is to have the test kits and other items but the most importantis for people to make use of them Edited By Deji Abdulwahab Hadiza Mohammed Aliyu Source NAN
    UNICEF donates 115,000 COVID-19 test kits to NCDC
     The UN Children s Fund UNICEF has donated 115 000COVID 19 test kits to the Nigeria Centre for Disease Control NCDC to assistFederal Government s efforts to curb the Coronavirus pandemic The UNICEF Representative Ms Rushnan Murtaza said this on Tuesday during thedonation at the NCDC National Reference Laboratory in Abuja According to her the donation is funded by IHS Towers as part of its contributionto curbing the COVID 19 pandemic in Nigeria IHS Towers Nigeria Ltd is a Nigeria based company established in 2001 to provideand maintain telecommunications infrastructure Murtaza said today we are here with IHS Nigeria once again to present vital test kits and supplies The kits were procured through donations by IHS Nigeria to UNICEF to strengthen the fund s support for the Nigerian government s response to the COVID 19 emergency She said that since the COVID 19 pandemic hit Nigeria IHS Towers had twice extended financial support to UNICEF to facilitate provision of essential equipment and test kits crucial in the response to curb the virus Murtaza said that the support made IHS Towers the biggest private sector contributorin Nigeria for UNICEF Nigeria support to COVID 19 response She added that the fund in Nigeria works alongside the government in realising therights of all children making the United Nations mandate a reality of leaving no one behind The UNICEF representative said that in 2019 the Federal Government UNICEF andthe business sector launched an initiative on Water Sanitation and Hygiene WASH sector She explained that efforts by IHS Nigeria had continued to contribute its core businessassets as well as convene peer organisations to support the campaign The Director General of NCDC Dr Chikwe Ihekweazu said that the country was workingtoward ensuring that its citizens were protected He said we will ensure that Nigerians get back their lives According to him whenever the story of Nigeria is told UNICEF and IHS Towers must be mentioned He thanked the donors for their support in the fight against COVID 19 and promised thatthe centre would make proper use of the items According to him the NCDC National Reference Laboratory in Abuja runs for 24 hours including Saturdays and Sundays The Chief Executive Officer of IHS Nigeria Ltd Muhamad Darwish said that thecompany would continue to support the country Darwish urged the government to focus more on awareness as key to the fight against the COVID 19 According to him one thing is to have the test kits and other items but the most importantis for people to make use of them Edited By Deji Abdulwahab Hadiza Mohammed Aliyu Source NAN
    UNICEF donates 115,000 COVID-19 test kits to NCDC
    COVID-192 years ago

    UNICEF donates 115,000 COVID-19 test kits to NCDC

    The UN Children’s Fund (UNICEF) has donated 115,000

    COVID-19 test kits to the Nigeria Centre for Disease Control (NCDC) to assist

    Federal Government’s efforts to curb the Coronavirus pandemic.

    The UNICEF Representative, Ms Rushnan  Murtaza, said this on Tuesday during the

    donation at the NCDC National Reference Laboratory in Abuja.

    According to her, the donation is funded by IHS Towers as part of its contribution

    to curbing the COVID-19 pandemic in Nigeria.

    IHS Towers Nigeria Ltd is a Nigeria-based company established in 2001 to provide

    and maintain telecommunications infrastructure.

    Murtaza said “today, we are here with IHS Nigeria once again to present vital test kits and supplies.

    “The kits were procured through donations by IHS Nigeria to UNICEF to strengthen the fund’s support for the Nigerian government’s response to the COVID-19 emergency.”

    She said that since the COVID-19 pandemic hit Nigeria, IHS Towers had twice extended financial support to UNICEF to facilitate provision of essential equipment and test kits crucial in the response to curb the virus.

    Murtaza said that the support made  IHS Towers the biggest private sector contributor

    in Nigeria for UNICEF Nigeria support to COVID-19 response.

    She added that “the fund in Nigeria works alongside the government in realising the

    rights of all children, making the United Nations mandate a reality of leaving no one behind.”

    The UNICEF representative said that in 2019, the Federal Government, UNICEF and

    the business sector launched an initiative on “Water, Sanitation and Hygiene (WASH) sector.”

    She explained that efforts by IHS Nigeria had continued to contribute its core business

    assets, as well as convene peer organisations to support the campaign.

    The Director General of NCDC, Dr Chikwe Ihekweazu, said that the country was working

    toward ensuring that its citizens were protected.

    He said “we will ensure that Nigerians get back their lives.”

    According to him, whenever the story of Nigeria is told, UNICEF and IHS Towers must be mentioned.

    He thanked the donors for their support in the fight against COVID-19 and promised that

    the centre would make proper use of the items.

    According to him, the NCDC National Reference Laboratory in Abuja runs for 24 hours,

    including Saturdays and Sundays.

    The Chief Executive Officer of IHS Nigeria Ltd., Muhamad Darwish, said that the

    company would continue to support the country.

    Darwish urged the government to focus more on awareness as key to the fight against the COVID-19.

    According to him, one thing is to have the test kits and other items but the most important

    is for people to make use of them.


    Edited By: Deji Abdulwahab/Hadiza Mohammed-Aliyu
    Source: NAN

  •  The Litigation Team of the Nigerian National Petroleum Corporation NNPC has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards The corporation disclosed this in a statement by its spokesman Dr Kennie Obateru in Abuja on Wednesday He said that the award was given to the team in recognition of its stellar performance at the 8th Edition of the East African International Arbitration Conference EAIC held in Nairobi Kenya recently with participants joining virtually At the conference which was aimed at promoting commercial arbitration and showcasing African lawyers and law firms which have performed well in arbitration practice the NNPC Legal Team gave a presentation on the challenges and lessons learnt from arbitration and the successes recorded Among the successful arbitration cases showcased by the team at the conference were the IPCO Nigeria Vs NNPC in respect of the dispute over the Bonny Export Terminal Project in which 367 5 million dollars was saved after 13 years of litigation Also the ESSO E amp P Nigeria Ltd Vs NNPC in respect of the dispute over the interpretation of the Production Sharing Contract PSC covering Oil Prospecting License OPL 209 Oil Mining Lease OML 133 in which the enforcement of 2 7 billion dollars claim was dismissed he said He said that other recent arbitration cases presented at the conference include ESSO amp Others vs NNPC in respect of alleged breaches in interpretation and implementation of the PSC covering OPL 222 OML 138 with over 380 141million dollars saved Also the Atlantic Energy Group vs NPDC in respect of allegation of wrongful termination of Strategic Alliance Agreements over eight OMLs resulting in the award of 1 6 billion dollars in favour of NPDC was also presented Besides the presentation the NNPC Legal Team s entry for the Leading Case Counsel Team category of the Africa Arbitration Award was adjudged the best among entries from 100 other institutions across Africa resulting in the award The award is a testimony to the commitment of the Legal Division and indeed the staff of the corporation to the Transparency Accountability and Performance Excellence TAPE agenda of the Malam Mele Kyari led management of NNPC he said Edited By Ifeyinwa Okonkwo Grace Yussuf Source NAN
    NNPC’s Legal team bags Africa arbitration award
     The Litigation Team of the Nigerian National Petroleum Corporation NNPC has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards The corporation disclosed this in a statement by its spokesman Dr Kennie Obateru in Abuja on Wednesday He said that the award was given to the team in recognition of its stellar performance at the 8th Edition of the East African International Arbitration Conference EAIC held in Nairobi Kenya recently with participants joining virtually At the conference which was aimed at promoting commercial arbitration and showcasing African lawyers and law firms which have performed well in arbitration practice the NNPC Legal Team gave a presentation on the challenges and lessons learnt from arbitration and the successes recorded Among the successful arbitration cases showcased by the team at the conference were the IPCO Nigeria Vs NNPC in respect of the dispute over the Bonny Export Terminal Project in which 367 5 million dollars was saved after 13 years of litigation Also the ESSO E amp P Nigeria Ltd Vs NNPC in respect of the dispute over the interpretation of the Production Sharing Contract PSC covering Oil Prospecting License OPL 209 Oil Mining Lease OML 133 in which the enforcement of 2 7 billion dollars claim was dismissed he said He said that other recent arbitration cases presented at the conference include ESSO amp Others vs NNPC in respect of alleged breaches in interpretation and implementation of the PSC covering OPL 222 OML 138 with over 380 141million dollars saved Also the Atlantic Energy Group vs NPDC in respect of allegation of wrongful termination of Strategic Alliance Agreements over eight OMLs resulting in the award of 1 6 billion dollars in favour of NPDC was also presented Besides the presentation the NNPC Legal Team s entry for the Leading Case Counsel Team category of the Africa Arbitration Award was adjudged the best among entries from 100 other institutions across Africa resulting in the award The award is a testimony to the commitment of the Legal Division and indeed the staff of the corporation to the Transparency Accountability and Performance Excellence TAPE agenda of the Malam Mele Kyari led management of NNPC he said Edited By Ifeyinwa Okonkwo Grace Yussuf Source NAN
    NNPC’s Legal team bags Africa arbitration award
    Oil & Gas2 years ago

    NNPC’s Legal team bags Africa arbitration award

    The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards.

    The corporation disclosed this in a statement by its spokesman, Dr Kennie Obateru, in Abuja on Wednesday.

    He said that the award was given to the team in recognition of its stellar performance at the 8th Edition of the East African International Arbitration Conference (EAIC), held in Nairobi, Kenya, recently with participants joining virtually.

    “At the conference, which was aimed at promoting commercial arbitration and showcasing African lawyers and law firms, which have performed well in arbitration practice, the NNPC Legal Team gave a presentation on the challenges and lessons learnt from arbitration and the successes recorded.

    “Among the successful arbitration cases showcased by the team at the conference were the IPCO (Nigeria) Vs. NNPC in respect of the dispute over the Bonny Export Terminal Project in which 367.5 million dollars was saved after 13 years of litigation.

    “Also, the ESSO E&P Nigeria Ltd. Vs. NNPC in respect of the dispute over the interpretation of the Production Sharing Contract (PSC) covering Oil Prospecting License (OPL) 209/Oil Mining Lease (OML) 133 in which the enforcement of 2.7 billion dollars’ claim was dismissed,” he said.

    He said that other recent arbitration cases presented at the conference include ESSO & Others vs. NNPC in respect of alleged breaches in interpretation and implementation of the PSC covering OPL 222/OML 138 with over 380.141million dollars saved.

    Also, the Atlantic Energy Group vs NPDC in respect of allegation of wrongful termination of Strategic Alliance Agreements over eight OMLs resulting in the award of 1.6 billion dollars in favour of NPDC was also presented.

    “Besides the presentation, the NNPC Legal Team’s entry for the Leading Case Counsel Team category of the Africa Arbitration Award was adjudged the best among entries from 100 other institutions across Africa resulting in the award.

    “The award is a testimony to the commitment of the Legal Division and indeed the staff of the corporation to the Transparency, Accountability and Performance Excellence (TAPE) agenda of the Malam Mele Kyari-led management of NNPC,” he said.


    Edited By: Ifeyinwa Okonkwo/Grace Yussuf
    Source: NAN

     

     

  •  The Plateau Government has revoked its contract with P W Nigeria Ltd for the construction of three roads in Shendam Mangu and Riyom local government areas of the state The State Commissioner of Information and Communication Mr Dan Manjang disclosed this while briefing journalists at the end of the State Executive Council SEC meeting on Wednesday at Government House Jos Manjang said the termination of the contract was at the request of the construction company which was burdened with the execution of the projects Council approved the cancellation of 3 No projects awarded to PW These roads are the Shinkwan Tunkus Shendam Bye pass road Mangu Bye pass and Tahos Ganawuri Section one The total sum of the project was N617 963 216 and what that means is that the state is supposed to recover that amount from PW The cancellation was done at the instance of PW and council has mandated the State Ministry of Works to set machinery to re award contracts for the roads he said He also said that the council had approved the supply of 5 250 metric tonnes of assorted fertilisers to various contractors and also the supply of assorted seeds and growth boosters to boost agriculture in the state He further said that in addition to the supply of fertilisers four constituencies of Qu anPan North and South Barkin ladi and Mikang would be supplied fertilisers to execute their constituency projects Four constituencies have supply of fertilisers as their projects we are supplying Qu anPan North with NPK 42 37 metric tonnes and Urea 35 71 meric tonnes he said He said Qu anPan South and Barkin ladi would also have the same amount of supply except Mikang which would have NPK 39 55 metric tonnes and Urea 32 3 tonnes According to Manjang the council also approved the printing of 40 000 booklets each of vehicle licence and certificate of road worthiness and 20 000 booklets of general receipts which when produced would check forgery Manjang said the State Government would scale down some of Lalong s legacy projects by 50 per cent in view of the paucity of resources saying only critical areas would be considered He said the state government had approved the request to obtain bank facility for counterpart funding for projects at the State Universal Basic Education Board SUBEB and the Ministry of Water Resources and Energy In further explanation to the bank facility the State Commissioner for finance Dr Regina Soemlat said a N100 million bank facility was required to finance the projects Soemlat said the gesture would enable the ministry of water resources to implement the Partnership for Expanded Water Sanitation and Hygiene Project of the Federal Government to facilitate water supply in rural areas Speaking also at the briefing the Commissioner of Water Resources and Energy Mr Sa ad Bello said four local government areas would benefit from the project of water supply to rural areas To benefit from the project Bello said a matching grant was required by the state government to finance it saying the federal government had already awarded contract to facilitate water supply in Kanke and Langtang North while the state government would finance Jos East and Wase local government areas Edited By Chioma Ugboma and Abdullahi Yusuf Source NAN
    Plateau Govt. revokes 3 road contracts, to recover N617m
     The Plateau Government has revoked its contract with P W Nigeria Ltd for the construction of three roads in Shendam Mangu and Riyom local government areas of the state The State Commissioner of Information and Communication Mr Dan Manjang disclosed this while briefing journalists at the end of the State Executive Council SEC meeting on Wednesday at Government House Jos Manjang said the termination of the contract was at the request of the construction company which was burdened with the execution of the projects Council approved the cancellation of 3 No projects awarded to PW These roads are the Shinkwan Tunkus Shendam Bye pass road Mangu Bye pass and Tahos Ganawuri Section one The total sum of the project was N617 963 216 and what that means is that the state is supposed to recover that amount from PW The cancellation was done at the instance of PW and council has mandated the State Ministry of Works to set machinery to re award contracts for the roads he said He also said that the council had approved the supply of 5 250 metric tonnes of assorted fertilisers to various contractors and also the supply of assorted seeds and growth boosters to boost agriculture in the state He further said that in addition to the supply of fertilisers four constituencies of Qu anPan North and South Barkin ladi and Mikang would be supplied fertilisers to execute their constituency projects Four constituencies have supply of fertilisers as their projects we are supplying Qu anPan North with NPK 42 37 metric tonnes and Urea 35 71 meric tonnes he said He said Qu anPan South and Barkin ladi would also have the same amount of supply except Mikang which would have NPK 39 55 metric tonnes and Urea 32 3 tonnes According to Manjang the council also approved the printing of 40 000 booklets each of vehicle licence and certificate of road worthiness and 20 000 booklets of general receipts which when produced would check forgery Manjang said the State Government would scale down some of Lalong s legacy projects by 50 per cent in view of the paucity of resources saying only critical areas would be considered He said the state government had approved the request to obtain bank facility for counterpart funding for projects at the State Universal Basic Education Board SUBEB and the Ministry of Water Resources and Energy In further explanation to the bank facility the State Commissioner for finance Dr Regina Soemlat said a N100 million bank facility was required to finance the projects Soemlat said the gesture would enable the ministry of water resources to implement the Partnership for Expanded Water Sanitation and Hygiene Project of the Federal Government to facilitate water supply in rural areas Speaking also at the briefing the Commissioner of Water Resources and Energy Mr Sa ad Bello said four local government areas would benefit from the project of water supply to rural areas To benefit from the project Bello said a matching grant was required by the state government to finance it saying the federal government had already awarded contract to facilitate water supply in Kanke and Langtang North while the state government would finance Jos East and Wase local government areas Edited By Chioma Ugboma and Abdullahi Yusuf Source NAN
    Plateau Govt. revokes 3 road contracts, to recover N617m
    General news2 years ago

    Plateau Govt. revokes 3 road contracts, to recover N617m

    The Plateau Government has revoked its contract with P.W. Nigeria Ltd., for the construction of three roads in Shendam, Mangu and Riyom local government areas of the state.

    The State Commissioner of Information and Communication, Mr Dan Manjang, disclosed this while briefing journalists at the end of the State Executive Council (SEC) meeting on Wednesday, at Government House, Jos.

    Manjang said the termination of the contract was at the request of the construction company, which was burdened with the execution of the projects.

    “Council approved the cancellation of 3 No. projects awarded to PW. These roads are the Shinkwan- Tunkus Shendam Bye pass road, Mangu Bye pass and Tahos Ganawuri Section one.

    “The total sum of the project was N617,963,216 and what that means is that the state  is supposed to recover that amount from PW.

    “The cancellation was done at the instance of PW and council has mandated the State Ministry of Works to set machinery to re-award contracts for the roads,” he said.

    He also said that the council had approved the supply of 5,250 metric tonnes of assorted fertilisers to various contractors and also the supply of assorted seeds and growth boosters, to boost agriculture in the state.

    He further said that in addition to the supply of fertilisers, four constituencies of Qu’anPan North and South, Barkin-ladi and Mikang would be supplied fertilisers to execute their constituency projects .

    “Four constituencies have supply of fertilisers as their projects, we are supplying Qu’anPan North with NPK 42.37 metric tonnes and Urea 35.71 meric tonnes,”he said.

    He said Qu’anPan South and Barkin-ladi would also have the same amount of supply, except Mikang which would have NPK 39.55 metric tonnes and Urea 32.3 tonnes.

    According to Manjang, the council also approved the printing of 40,000 booklets each of vehicle licence and certificate of road worthiness and 20, 000 booklets of general receipts which when produced, would check forgery.

    Manjang said the State Government would scale down some of  Lalong’s legacy projects by 50 per cent, in view of the paucity of resources, saying only critical areas would be considered.

    He said the state government had approved the request to obtain bank facility for counterpart funding for projects at the State Universal Basic Education Board (SUBEB) and the Ministry of Water Resources and Energy.

    In further explanation to the bank facility, the State Commissioner for finance, Dr Regina Soemlat,  said a N100 million bank facility was required to finance the projects.

    Soemlat said the gesture would enable the ministry of water resources to implement the Partnership for Expanded Water Sanitation and Hygiene Project of the Federal Government to facilitate water supply in rural areas.

    Speaking also at the briefing, the Commissioner of Water Resources and Energy, Mr Sa’ad Bello,  said four local government areas would benefit from the project of water supply to rural areas.

    To benefit from the project, Bello said, a matching grant was required by the state government to finance it, saying the federal government had already awarded contract to facilitate water supply in Kanke and Langtang North, while the state government would finance Jos East and Wase local government areas. 


    Edited By: Chioma Ugboma and Abdullahi Yusuf
    Source: NAN

     

     

nigerian dailies today my bet9ja account legit ng hausa website link shortner Rumble downloader