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Showing posts from October 15, 2019

BUSINESS

NIGERIA: Consumer Reluctance To Buy Local Rice Nigeria Local Rice Rice sellers expressed worry over the reluctance of consumers to buy locally produced rice.

NEWS

PMB Writes Senate, Seeks To Pay Kogi N10bn Nigeria’s President, Muhammadu Buhari has written the Senate, seeking approval on the issuance of N10.069 billion for promissory note programme of Kogi State.

NEWS

NIGERIA - NNPC challenges NLNG shareholders on production capacity The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work towards expanding the production capacity of the company beyond Train 7. The Group Managing Director of NNPC, Malam Mele Kyari, gave the charge in a statement signed by the Acting Spokesman for the Corporation, Mr Samson Makoji in Abuja, on Friday Kyari spoke during the signing ceremony of a 2.5 billion dollar pre-payment agreement between NNPC and NLNG for Upstream gas development projects to supply gas to NLNG Trains 1 – 6. He said the agreement would help to resolve the issues around gas supply to Trains 1 – 6, adding that there was need to fast-track action on the process of bringing more trains on stream. He noted that though NLNG had been a huge success as a company, it must go beyond its current achievements and initiate other viable projects capable of generating better ret