Author: Swift Reporters

…Resolution Will Immediately Unlock about $510million of Gas Revenue In its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of about $225 million in the short term and $510million in the long run for the Federation, the Nigerian National Petroleum Corporation (NNPC) has reached an accord with its partners, China National Offshore Oil Company (CNOOC) and South Atlantic Petroleum (SAPETROL), to settle all outstanding issues surrounding the development of Oil Mining Lease, (OML) 130. Speaking at the signing of Head of Terms (HoT) agreement with the partners…

Nigeria Railway Corporation (NRC) on Friday said it generated N3.09 billion in 2019 from train service operations nationwide. Mr Fidet Okhiria, NRC’s Managing Director in a statement signed by Mrs Taiye Elebiyo-Edeni, Media Assistant to the Minister of Transportation, said N1.5 billion of the sum came from the Abuja to Kaduna rail operations. Okhiria said that the Abuja to Kaduna rail line generated about N130 million monthly in 2019 as against the N80 million generated in the previous year. He further said that the money generated from the Abuja-Kaduna rail operations was used to service other stations in the Northern…

Bayelsa State Governor, Senator Douye Diri, has called on the federal government and its authorities to give more opportunities to Bayelsans at the federal level, saying the state has been shortchanged for long. Governor Diri, who stated this in his office when he received the Federal Commissioner representing Bayelsa in the Federal Character Commission (FCC), Mr. Tonye Okio, also promised to support the agency to ensure that the state gets its fair share of positions and infrastructure. His Acting Chief Press Secretary, Mr. Daniel Alabrah, in a statement, quoted the Bayelsa helmsman as saying that as a former member of the…

Governor Abubakar Sani Bello has expressed shock over the death of a veteran broadcaster with the Voice of America (VOA) Hausa Section. In a condolence message signed by his Chief Press Secretary Mrs Mary Noel-Berje, Governor Abubakar Sani Bello described the deceased as a compatriot and hard-working broadcaster who distinguished himself, contributing immensely to both news and Magazine programmes of his station. The Governor said the personality of Late Ladan Ibrahim Ayawa is a model to younger broadcasters pointing out that the International broadcasting industry especially the Hausa Section will no doubt miss the wealth of knowledge and experience of…

President Muhammadu Buhari will on Thursday next week commission the newly completed 17-storey headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB), located at Swali, Yenagoa, Bayelsa State. Mr. President will perform the commissioning virtually after undertaking a virtual tour of the Nigerian Content edifice, together with other accompanying facilities-the 1000-Seater Capacity Auditorium, Four-Level Car Park and 10 megawatts gas-fired Independent Power Plant at Elebele. The power plant was constructed in partnership with the Nigerian Agip Oil Company (NAOC) and will provide uninterrupted electricity to the NCDMB structures, the Nigerian Oil and Gas Park being developed by the…

The Nigeria National Petroleum Corporation, China’s CNOOC Ltd and South Atlantic Petroleum signed a preliminary agreement to resolve a dispute over Oil Mining Lease 130, the West African state oil firm said on Thursday. NNPC said on its official Twitter account that it signed a Heads of Terms (a non-binding broad outline of a deal) with the Chinese and Nigerian firms that seeks to address disagreements over the mining lease’s production sharing contract. It did not provide details of the dispute nor the new proposed terms. Oil Mining Lease 130 contains fields including Akpo and Egina. Culled from…

…….Calls on President Buhari and International Community to prevail on APC to stop the needless violence The Peoples Democratic Party (PDP) National Campaign Council for Edo State Governorship Election has condemned the illegal invasion of Edo State House of Assembly by political thugs of the All Progressives Congress (APC). Addressing journalists in Port Harcourt today, the Chairman of the Campaign Council and Governor of Rivers State, Nyesom Ezenwo Wike, also described the purported impeachment of the legitimately elected Speaker and Deputy Speaker of the Assembly as null and void. “An invalid assemblage of absentee Lawmakers-elect with no legitimate claims to…

As Nigeria continue to record success in Data Protection Regulation, the Director General, National Information Technology Agency (NITDA), Kashifu Inuwa Abdullahi said that, the country has recorded impressive growth in data protection compliance with a verifiable database of statutory audit reports filed by 588 entities. The DG stated this at the closing ceremony of 3-day Virtual Conference on “COVID-19 and Securing the Financial Services Industry” organised by Committee of Chief Information Security Officers of Nigeria Financial Institutions (CCISONFI). Speaking on Nigeria’s journey towards implementing Data Protection Regulation (NDPR), Abdullahi noted that despite low level of awareness and various challenges faced…

The Edo State Edo State PDP Campaign Council said its attention has been drawn to the meeting between President Muhammadu Buhari and candidate of the All Progressives Congress (APC) in the Edo State gubernatorial election, Osagie Ize-Iyamu. In a release signed by Chris Osa Nehikhare  for the  Edo State Edo State PDP Campaign Council, he said that the meeting is ill-advised and a dent on the image of President Buhari, whose administration is known for the spirited fight against the hydra-headed monster called corruption, which has encumb“ered the development of our dear country for decades.  The statement read, Unknown to…

……Says godfatherism impedes development Rivers State Governor, Nyesom Ezenwo Wike as expressed surprise that the leadership of the All Progressives Congress (APC) will support its candidate in the Edo State governorship election, Osagie Ize-Iyamu despite the weighty allegations against him. Speaking as Guest on a Live Television Programme, Governor Wike said it is difficult to contemplate that the leadership of APC are still standing with Osagie Ize-Iyamu to canvass votes for him. He said anybody with conscience and truly loves democracy cannot be proud to support a man who is facing corruption charges of the Economic and Financial Crimes Commission(EFCC).…