Paschal Okeke A peace Ambassador, Mr. Michael Uba, has called for a strategic and symbiotic relationship between the oil companies in Nigeria and their host communities. Uba stated this while receiving the Papyrus Award at Sheraton Hotel, Abuja, for continuously striving hard to achieve Peace in his Local Government and the Niger
Tag: Oil companies
Tankfarm Operators Debunks Non-payment of Taxes Allegations by Lagos Govt
Godsgift Onyedinefu The Ijegun-Egba Tankfarm Owners and Operators Association, an umbrella organization of all Oil Companies at Ijegun – Egba, has denied allegations by the Lagos State Government that its members are operating illegally as they do not pay any taxes, charges or fees to the state Government. The Lagos State
FG vows to recover $7bn bailout funds from commercial banks
•Commences investigations Godsgift Onyedinefu The Federal Government said it has commenced investigation into the $7 billion bailout funds given to commercial banks in 2016 by the Central Bank of Nigeria (CBN) in a bid to recover the money. The Chairman of Special Investigation Panel for the Recovery of Property, Chief Okoi Obono-Obla disclosed
Extra income from oil to go to infrastructure – Buhari
Income accruing to the country from rising oil prices in the international market will be spent on infrastructural development, President Muhammadu Buhari has pledged. Receiving a delegation from Eni, led by the Chief Upstream Officer, Mr Antonio Vella, the President said extra funds outside the provision of year 2018 budget “will