Benin Industrial Park to be powered by locally-sourced gas – Obaseki

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The Governor of Edo State, Mr. Godwin Obaseki, has disclosed plans to utilise gas explored in the state to power the Benin Industrial Park in Ikpoba Okha Local Government Area of the state. Obaseki disclosed this during the 2017 Producers’ Forum Retreat of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), which held in Benin City, Edo […]

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Edo LGAs’ IGR rises 500%, from N30m to N150m

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Governor of Edo State, Mr Godwin Obaseki, has said that Internally Generated Revenue (IGR) reforms being implemented by his administration have yielded positive result, as annual collection in local council areas has climbed from N30 million in November 2016 to 150 million in November this year. The governor said this when he inaugurated the Edo State Council of Traditional Rulers […]

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Malabu $1.1 billion Scandal: Ex-Nigerian oil minister, 12 others set for trial in Italy

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A week after he was charged by the Economic and Financial Crimes Commission in Abuja, Italian authorities have indicated their intention to file criminal charges against a former Minister of Petroleum, Dan Etete, for his involvement in the $1.1 billion Malabu oil deal. The prosecutors filed the notice in a Milan court last week, PREMIUM TIMES can report. The EFCC […]

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MTN pays N80 billion of N330 billion fine to Nigerian govt

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The communication giant, MTN, has paid N80 billion of the N330 billion fine imposed on it by the Nigerian government for failing to deactivate more than five million unregistered SIM cards. Nigeria’s Minister of Communications, Adebayo Shittu, disclosed this at the News Agency of Nigeria, NAN, Forum in Abuja. He said the payment was for this first year and is […]

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