NEWS MIRROR

. NNPC's Headquarters By Favour & Akinola Ajibade The Nigerian National Petroleum Company Limited ( NNPCL) yesterday, sent over 70 management staffs on voluntary retirement. Also affected by the recent changes in NNPCL was its Chief Corporate Communication Officer, Garba Dean Muhammed on voluntary retirement, who was asked to hand over to its immediate subordinate in the organisation. NewsMirror findings revealed that the management staff starts from the rank of Deputy Manager among others senior officials, are affected in the recent changes in the company.. According to NNPCL, this retirement is different from what happened about two years ago when retirement was voluntary. The firm further said that the retirement is compulsory once the affected workers have less than 15 months to go.  The affected staff, NNPCL said are unfortunately not pensionable, adding that only those have spent 10 years and above are  qualified for pension. Prior to this period, NNPCL has sent pack...

. NNPC's Headquarters By Favour & Akinola Ajibade The Nigerian National Petroleum Company Limited ( NNPCL) yesterday, sent over 70 management staff, including its Chief Corporate Communication Officer, Garba Dean Muhammed on voluntary retirement.The nation's oil company simultaneously ask Muhammed's immediate subordinate to take over from him.  NewsMirror findings revealed that  management staff starts from the rank of Deputy Manager among others senior officials are affected in the recent shakes-up in the bank. According to the apex bank, this retirement is different from what happened about two years ago when retirement was voluntary. The bank further said that the retirement is compulsory once the affected workers have less than 15 months to go.  The affected staff, CBN said are unfortunately not pensionable, adding that only those have spent 10 years and above are  qualified for pension. Prior to this period, NNPCL has sent packing som...

Ilu's corpse after the incident By Favour & Akinola Ajibade Tragedy strucked, recently in Jigawa State, as a 35-Year Old man committed suicide over hardship in the country.  Identified as Samaila Ilu, the victim was believed to have hanged himself days after ruminating over the harsh economy biting an average Nigerian citizens.  The victim, a native of Dungun Tantama Village, according to spokesman of the Police Command, DSP Lawan Shiisu Adam, said the incident happened on Thursday, August 17, 2023. According to him, the deceased left his house peacefully to the spot where he committed suicide, adding the residents of the local government discovered hours after seeing the body of Ismailia hanging. He said a team of police officers later took his corpse to the hospital for autopsy.   

NLC's protest  By Favour & Akinola Ajibade Nigeria's economy may worsened further, in the event that the Nigeria Labour Congress (NLC) embark on indefinite strike action.  Reason being that the development could lead to an unprecedented economic consequences for the country, especially  its over 200 million people. who are struggling to survive.  Recently, the meeting  between the Federal Government and NLC on the issue of improving welfares of the workers ended in a deadlock, a development, which implies that  labour union can make real its threat to embark on indefinite strike actioetween  Of note was inability of the government and NLC to reach agreement on how to avert the strike, before it starts.  Recall the the  Minister of Labour and Employment, Simon Lalong; and Minister of State for Labour and Employment, Nkeiruka Onyejeocha, met with the NLC President, Joe Ajaero, and other leaders in Abuja in an effort to stop orga...

CEO NLNG, Mshelbila, Nigeria, Ghana, South Africa, Egypt, Libya, Kenya, Tanzania and other fourth seven( 47)  countries in African continent will significantly found natural gas useful as their populations are expanding, the Managing Director and Chief Executive Officer, Nigeria Liquefied Natural Gas Limited( NLNGL), Dr Philip Mshelbila has said.  He said the usefulness of gas lies in the fact it would a source of  energy mix in Africa, adding that the product would help in meeting the demands arising from rapid population growth and economic expansion. While making the remarks during a strategic session at the recently concluded 2023 Gastech Exhibition and Conference in Singapore, where he discussed Africa’s role in increasing supply resilience in the energy transition context, Msheibilia stated that African gas would enhance global energy security by increasing gas production, ensuring a steady supply source despite rising domestic consumption, and the growt...

One of state- owned airports in Nigeria By Favour & Akinola Ajibade   The General Manager, Nigeria Civil Aviation Authority (NCAA), Captain Musa Nuhu has passed a vote of no confidence on state-owned airports, describing them as wastes to their owners, mainly state governments. However, the former Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf said that four out of 32  airports in the country are economically sustainable. They include Murtala Muhammed Airport in  Lagos (which generates about 50% of the entire revenue), Nnamdi Azikiwe Airport in Abuja, Mallam Aminu Kano International Airport (MAKIA), and Port-Harcourt International Airport. Both remarks were made this Tuesday, during a virtual media conference in Lagos. The conference, which is second annual National Transport Technology Engagement and Exhibition,  had the theme, ‘The Viability of State-Owned Airports: Issues, Challenges and the Way Forward....

NCDMB's Executive Secretary, Wabote  By Favour & Akinola Ajibade Barring any unforeseen circumstances, the proposed Centre for Skills Development and Training (CSDT) will be ready for commission by  December end.  Initiated by the Petroleum Technology Development Fund( PTDF) to promote acquisition of skills relevant to the operation of oil and gas industry, the construction of the project which started in 2011, was heavily  boosted by the Nigerian Content and Development Monitoring Board(NCDMB). Located at Omagwa in Ikpere Local Government Area of Rivers State, the project, according to the State's  MINISTER for Petroleum Resources (Oil), Senator Heineken Lokpobiri is 85 per cent completion. Speaking during a visit to the project' site this Wednesday,  the minister ( Lokpobiri) said the  project will be completed in the next six weeks,  a statement, which implies that the project will be ready by December this year. He further said...

Power Infrastructure By Favour & Akinola Ajibade The Minister of Power,Bayo Adelabu says fire outbreak was responsible for the grid collapse  experienced today across the country  In a statement on his X (Twitter)handle, Adelabu said the incident, which came with an explosion sound was was observed on Kainji/Jebba 330kV line 2 (Cct K2J) blue phase CVT & Blue phase line Isolator of Kainji/Jebba 330kV line1 was observed burning.  This led to sharp drops in frequency from 50.29Hz to 49.67 Hz at 0:35:06Hrs with Jebba generation loss of 356.63MW. Kainji Power station followed suit as it dropped load from 451.45 MW at 00:35:07Hrs to zero.  “At 00:41Hrs frequency dropped further from 49.37 Hz to 48.41Hz then resulted in system collapse of the grid.” The Transmission Company of Nigeria (TCN) underscored the Minister’s statement in a press release made available to the media that" “ The Transmission Company of Nigeria, TCN, hereby notes that grid restorati...

Ugbo  By Favour & Akinola Ajibade The Managing Director, Niger Delta Power Holding Company ( NDPHC) Limited, Mr Chiedu Ugbo, said the sector regulator is working to resolve  payment of remaining N180 billion debts owed the company. He said this yesterday (Thursday) in Abuja, while outligining measures, which are being undertaken by the company to remove problems plaguing the distribution of electricity to consumers in the country. Recall that power distribution companies (DisCos)  have defaulted on the payment to Nigerian Bulk Electricity Trading (NBET) which guaranteed the power sold to them for onward distribution to customers. Ugbo however explained that, “It is a systemic issue in terms of collections from the distribution companies to the Nigeria Bulk Electricity Trading NBET (N-BET) and N-BET pays us. It is a systemic issue   and because of that, we owe some gas companies as well. " NPPHC Ugbo is  working to r esolve t...