Breaking: After listening to ex-NDDC MD, Reps summon Akpabio, Pondei over ‘misappropriation of project funds’

July 17, 2020 Editor 0

After listening to former acting Managing Director of Niger Delta Development Commission (NDDC), Joy Nunieh, via zoom, House of Representatives Committee on has summoned the Minister of Niger Delta Affairs, Mr. Godswill Akpabio, to appear and make presentations before it on Monday, July 20, 2020. The committee also summoned the Managing Director of the commission Professor Kemebradikumo Pondei to appear Read More

Breaking – N81.5bn probe: At last, ex-NDDC Boss appears, testifies before Reps

July 17, 2020 Editor 0

Day after Police siege at the residence of former acting Managing Director of Niger Delta Development Commission (NDDC), Joy Nunieh, the controversial Rivers state indigene has testified before the House of Representatives Committee on NDDC at the ongoing investigative hearing on the alleged illegal expenditure and mismanagement by the commission. Nunieh has been facing running battle with the Minister of Read More

Breaking: Moment after NDDC MD staged walk out on lawmakers, Reps order warrant of arrest

July 16, 2020 Editor 0

Nigeria’s House of Representatives have ordered a warrant of arrest be issued against him the acting Managing Director of Interim Management Committee (IMC) the Niger Delta Development Commission (NDDC) Professor Kemebradikumo Pondei. The arrest was triggered after Pondei alongside his team staged a walk out on the House committee on NDDC a while ago on Thursday. Details loading…

NNPC explains measures to cut crude oil production cost

June 9, 2020 Editor 0

The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down cost of crude oil production to $10 per barrel or below, the Corporation’s Chief Operating Officer (COO), Ventures and Business Development, Mr. Roland Ewubare, has said. A press release by the Group General Manager, Group Public Affairs Division of the corporation, Dr. Kennie Obateru, stated that Mr. Ewubare Read More

Exposed! Forensic Audit: How NASS padded 2019 NDDC budget with over 500 fake projects – Acting MD

May 27, 2020 NAN 0

The acting Managing Director, Niger Delta Development Commission (NDDC), Kemebradikumo Pondei, revealed on Tuesday that the commission’s 2019 budget was inflated with over 500 non-existing projects. Mr Pondei made the disclosure on Tuesday while addressing journalists in Port Harcourt, Rivers State while making clarifications on allegations of corruption levelled against the Interim Management Committee (IMC). The acting managing director said that Read More

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Breaking: FG makes u-turn on suspension of Ogunbiyi as REA MD

January 7, 2020 Editor 0

The federal government has made reversed the suspension of Managing Director of Rural Electricity Agency (REA) Mrs. Damilola Ogunbiyi, instead her resignation has been considered. Ogunbiyi resigned in a bid to take up a new job with the United Nation. She was suspended on December 31, 2019 over alleged malpractices. After her suspension, Ogunbiyi, first female MD of the REA, Read More

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Breaking: 24 hours after, NBET gets new Boss

December 25, 2019 Editor 0

A new Managing Director/CEO for Nigerian Bulk Electricity Trading (NBET) Plc has emerged. He is Dr. Nnaemeka Ewelukwa who will head the institution on acting capacity after Dr. Marilyn Amobi was asked to step down over many allegations hanging on her. Just after a day Power Minister Sale Mamman issued the directive, NBET in a statement on Wednesday by Aisha Read More

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2 business men remanded in Kuje prison over alleged fraud

November 15, 2018 Blueprint 0

An FCT High Court in Apo district, Abuja yesterday ordered two business men, Moses Esuga, and Nasir Mohammed, to be remanded in Kuje prison over their alleged roles in a N110 million fraud. The EFCC charged Esuga, former Managing Director of Wise Health Service Ltd and Mohammed, former Managing Director of Garana Travels and Tours Limited with nine counts bordering on Read More

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Heritage Bank wants increased govt, banks’ support for agric sector

November 13, 2018 Blueprint 0

Heritage Bank Plc has urged the government at all levels and deposit money banks to increase supports in agriculture, as it is the most resilient and important sector of Nigerian economy, despite underwhelming investment in the sector. The Executive Director of the bank, Jude Monye stated this in Lagos while delivering a paper, titled, “Bank Experience in Lending to the Read More

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 Liberia set to build 50,000 affordable homes

November 6, 2018 Blueprint 0

Liberia’s National Housing Authourity (NHA) is set to construct  50000 affordable housing units by signing a Memorandum with the GELPAZ Liberia. According to the Deputy Managing Director for Technical Services at the NHA, Hon. Isaac Roberts, Jr,  the project will involve at least 500 units. He also said the project will spread in two communities, Memeh Town, near Ricks Institute Read More

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IMF urges Nigeria to tighten monetary policy, boost non-oil revenues

October 12, 2018 Blueprint 0

The International Monetary Fund (IMF) has urged Nigeria to tighten its monetary policy and strengthen non-oil revenue mobilisation efforts for a stronger economy. The Managing Director of IMF, Ms Christine Lagarde, gave the advice on Thursday at a news conference on some of the key issues affecting the global economies. Lagarde said that domestic revenue mobilisation, which stood at five Read More

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No shipping link: Nigeria loses 1.4 mt coal export to Ghana

October 5, 2018 Blueprint 0

Nigeria has lost opportunity of exporting 1.4 million tons of coal from the middle belt area of the country to Ghana annually, the Nigerian Export Import Bank, NEXIM has said. Speaking at the Subregional workshop and joint committee meeting organized by the Union of African Shippers Council in conjunction with the United Nations Conference on Trade and Development (UNCTAD), Technical Read More

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Mamora resumes as NIWA MD

October 5, 2018 Blueprint 0

Senator Olorunnimbe Mamora has formally resumed duty as the new Managing Director of the National Inland Waterways Authority (NIWA) at the agency’s headquarters in Lokoja, Kogi state, pledging to work as a team player in moving the authority to greater heights. Mamora, in his address shortly after taking over from the former Acting Managing Director, Danladi Ibrahim, described NIWA as Read More

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First Hawthorn Suites in Africa berths in Abuja

October 5, 2018 Blueprint 0

The management of Hawthorn Suites by Wyndham Hotel declared officially yesterday, at a world press conference and grand opening in Abuja that having undergone full renovation for two years, the hospitality entity was poised to render full service delivery to Nigerians. Hawthorn Suites by Wyndham is part of Wyndham Hotels and Resorts, an international hotel and resort chain based in Read More

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5m poor, vulnerable Nigerians to get free treatment for chronic diseases

October 5, 2018 Blueprint 0

No fewer than five million poor and vulnerable Nigerian are to benefit from Novartis Access medicines, ready to be distributed by the Society for Family Health (SFH) for the treatment of chronic diseases across health facility in the country. This is part of the outcome of partnership between Novartis Social Business and SFH, to implement Novartis Access in Nigeria. The Read More

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Groups want NBET DG probed for alleged corruption

October 3, 2018 Blueprint 0

Three religious groups, Abuja Muslim Forum (AMF), Muslim Media Watch Group of Nigeria (MMWG) and Muslim Rights Concern (MURIC), have called for the probe of transactions of the Nigeria Bulk Electricity Trading Company (NBET). Similarly, the groups accused the Director-General of NBET, Dr Marlyin Amobi, of witch-hunting two management staff of the company for their refusal to process claims of Read More

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SON commences Techno Gas LPG cylinders certification

October 3, 2018 Blueprint 0

The Standards Organisation of Nigeria (SON) has commenced the certification phase of Techno Gas LPG cylinders, a crucial process in the anticipated roll out of cylinders from Nigeria’s flagship indigenous LPG manufacturing plant. The certification process is part of the Mandatory Conformity Assessment Programme of SON, the high point of processes required for Techno Oil Ltd., to roll out 3kg, Read More

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Why Nigerian ports remain uncompetitive – Russo

September 14, 2018 Blueprint 0

The Managing Director of PTML Terminal, Tin Can Island Port, Lagos, Ascanio Russo, has identified infrastructural deficit and unfavourable trade policies as some of the challenges facing Nigerian ports and placing the ports at a disadvantage compared to the ports of neighbouring countries. Russo, who spoke in Lagos recently, said that the level of infrastructure around the ports are poor Read More

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AIICO gets nod to cover Agric business

September 14, 2018 Blueprint 0

The National Insurance Commission (NAICOM) has given its approval to AIICO Insurance Plc to underwrite agricultural business in the country. The company said it is taking strategic position to be a major player in offering Agriculture Insurance, in a bid to deliver the much-needed protection to the different players in the sector’s value chain. The company said it is uniquely Read More

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Experts highlight consequences of cell phone addiction

September 13, 2018 Blueprint 0

Some Information and Communications experts have warned that addiction to the use of cell phones has socio-cultural and economic consequences. The experts in separate interviews in Abuka said cell phone addiction was affecting social relationships and perforating the pockets of users. But they noted that the use of cell phones to undertake some activities online is a trending occurrence. Although, Read More

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Boko Haram: 80% damaged electricity in North-east restored – Fashola

May 15, 2018 Blueprint 0

The federal government yesterday said it had restored 80 per cent of the electricity transmission and distribution installations damaged by insurgents in the North-east. Minister of Power, Works and Housing, Babatunde Fashola, disclosed this in Yola, Adamawa state, while giving his opening remarks at the 27th power sector meeting. He said 33KV transmission lines in areas like Damboa, Madagali, Maiduguri, Read More

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NIRSAL, NASENI tractors to boost agric production

April 11, 2018 Blueprint 0

The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL), in collaboration with the National Agency for Science and Engineering Infrastructure (NASENI), will refurbish 50,000 broken down tractors across the country. The Managing Director of NIRSAL, Mr Aliyu Abdulhameed, made this known on the sidelines of a High Level Rice Conference organised by AgroNigeria in Abuja yesterday. Abdulhameed said Read More