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The Federal Ministry of Power has declared its support for the 2023 edition of Informa Market's Nigeria Energy Exhibition and Conference. This platform is recognized as a vital space for stakeholders to delve into critical issues in the Energy industry. The Ministry lauded the sustained efforts of Informa Market in organizing this trademark energy event and affirmed its commitment to support and partner with it. With the recently enacted Electricity Act 2023, the conference will provide an essential platform for stakeholders to discuss the Act's fundamental issues.
Lafarge Africa Plc has reaffirmed its commitment to environmentally sustainable operations by investing in state-of-the-art technology. The company has installed a new bag filter technology at its Ewekoro plant, complying with Nigerian regulatory standards. Lafarge Africa aims to conduct its business with zero harm to people and minimize its environmental footprint. The company has also implemented measures to reduce fugitive emissions and conducted a social impact assessment to mitigate the environmental impact on local communities.
The Ogun State Coordinator of the National Youth Service Corps (NYSC), Mr. Chris Jimba, has cautioned corps members against engaging in the local politics of their host communities. During the closing ceremony of the 2023 Batch B Stream II orientation course, Mr. Jimba urged the corps members to fully embrace their postings and contribute positively to their host communities. He also called on employers to mentor and support the corps members, while emphasizing the importance of security consciousness.
The Ndigbo community in Eti-Osa Local Government Area of Lagos State has announced that it will hold its 2023 New Yam Festival on September 9. The festival aims to showcase the rich cultural heritage of the Igbo people and empower the indigents, widows, youth, elderly, and needy in the community. It will also honor deserving individuals with chieftaincy titles and awards. The event will take place at Royal Gardens Estate in Lekki-Ajah, Lagos State.
The Nigeria Immigration Service (NIS) has apprehended 61 illegal migrants in Ogun State. The arrests were made in Ibafo and Sagamu areas, with 60 of the migrants being from Cameroon and one from Burkina Faso. The NIS considers the migrants as threats to national security and plans to repatriate them after consultations with their respective countries.
Nigeria's Minister of State for Gas, Ekperikpe Ekpo, will showcase investment opportunities in the country's gas market at the African Energy Week conference in South Africa. Nigeria's strategic position, untapped gas resources, and recent regulatory reforms make it an attractive investment destination. The Decade of Gas initiative and identified critical gas projects are paving the way for large-scale developments. Nigeria's gas reserves, exploration efforts, and downstream infrastructure projects offer potential for foreign investors. The African Energy Week conference aims to connect capital with Nigerian gas projects.
The solid minerals sector in Nigeria generated N193.59 billion in revenue in 2021, according to a report by the Nigerian Extractive Industry Transparency Initiative (NEITI). The report highlighted the significant increase in revenue from the sector and called for the implementation of sustainable strategies to boost revenue and reduce reliance on single minerals.
President Bola Tinubu of Nigeria has ordered the immediate recall of all Nigerian diplomats from their foreign posts. This decision comes after a comprehensive analysis of Nigeria's diplomatic missions, as stated by the Presidency. The move excludes the Nigerian Permanent Representatives to the United Nations in New York and Geneva. Find out more in this OOO Focus article.
President Bola Ahmed Tinubu has directed the recall of all career and non-career ambassadors serving in different countries. In a separate development, Tinubu also amended the Board and Management of the Niger Delta Development Commission (NDDC).
Latest news summary in Nigeria
President Bola Ahmed Tinubu has recalled Nigeria's High Commissioner to the United Kingdom, Sarafa Isola, signaling the end of his tenure. Issued by the minister of foreign affairs, Yusuf Tuggar, a letter instructed Isola to wind down his affairs and return to Nigeria within 60 days. Isola, who previously served as the minister for mines and steel development, was appointed as the high commissioner in January 2021. President Tinubu thanked Isola for his service and wished him well in his future endeavors.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on oil and gas industry operators to promptly remit their 3% annual contributions to the host communities' development trust fund as stipulated by the Petroleum Industry Act. Failure to comply may result in the revocation of operating licenses. This delay has sparked frustration among host communities and could potentially hinder the country's economic growth and stability. The Commission warns that it will enforce regulatory measures to ensure compliance from defaulting operators.
Omoyele Omonira, an Agricultural Economist, has launched an online market platform called FarmLinkUp.com, aimed at making agribusiness more lucrative for farmers, consumers, and service providers. The platform seeks to empower young farmers and create an enabling environment for them to thrive in the agricultural sector. It provides a seamless way for farmers to promote their products and services to potential consumers, improving accessibility and reducing logistics expenses. With FarmLinkUp.com, the agricultural industry is poised for a digital revolution.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a statement urging oil and gas industry operators to fulfill their obligation of remitting 3% annual contributions to the applicable host communities development trust fund. Failure to comply with this statutory requirement may result in the revocation of operating licenses. The NUPRC emphasizes the importance of sustaining peaceful operations, attracting foreign direct investment, and stabilizing the Nigerian economy.
Lawyers attending the Nigerian Bar Association's annual general conference in Abuja were left stunned and outraged when Portable, a self-styled 'wahala' musician, was announced as the surprise guest performer at the event. This unexpected choice prompted a significant number of attorneys to leave in protest, raising concerns about the appropriateness of Portable's presence at a gathering of legal professionals.
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