The Nigerian National Petroleum Corporation, NNPC, says it has recorded a 99.7 per cent reduction in its loss profile from ₦803billion in 2018 to ₦1.7billion in 2019. NNPC disclosed this in its 2019 Audited Financial Statement (AFS), released by Dr Kennie Obateru, spokesman for the corporation, in Abuja, on Thursday. It will be recalled that the corporation in May published its 2018 AFS and assured of quick released of the 2019 report. This, According to NNPC Group Managing Director Malam Mele Kyar was in line with effort to ensure transparency and accountability in its operations. Obateru, quoted the NNPC Chief…
Author: Abdallah el-Kurebe
Twenty-five Trade and Economic Officers from 14 African countries have received a masterclass to boost their capacities in trade and investment facilitation. Nazaru LLC, a U.S.-based services company, delivered the free online training ahead of the planned takeoff of the African Continental Free Trade Area (AfCFTA) in January 2021. An African Union Policy Officer was among the participants from Uganda, Egypt, Lesotho, Mauritania, Kenya, Libya, Madagascar, Togo, Mauritius, African Union, Namibia, Somalia, Mozambique, Algeria and Eswatini. The recipients were drawn from institutions and organisations charged with facilitating adoption and implementation of the AfCFTA. Topics covered included Market Access Development Strategies,…
Mr David Malpass, President of the World Bank Group, has commended the Federal Government for removing subsidies on petroleum products. He said this in Washington D. C. on Wednesday at the opening press conference for the World Bank at the ongoing 2020 International Monetary Fund (IMF)/World Bank virtual annual meetings. Malpass was responding to a question on whether the World Bank saw an opportunity or problem regarding the enormous youth population in Nigeria accompanied with rising unemployment and the burden of COVID-19. “I compliment Nigeria for tackling the problem of subsidies in the hydrocarbon area. “By reducing those subsidies and…
A former Minister of Education, Dr Oby Ezekwesili, has called on political leaders in Nigeria to practice politics that promote good governance through transparency, sound policies and strong institutions. Ezekwesili, also a former Presidential candidate of the Allied Congress Party of Nigeria (ACPN) in 2019, made the call on Wednesday while speaking at a webinar tagged: “Fix Politics”. Former Minister of Information, Mr Frank Nweke Jnr; a former Presidential candidate of KOWA Party, Prof. Remi Sonaiya and Seun Onigbinde of Budgit, were among other speakers. Ezekwesili said that the country needed a kind of politics that promotes good governance through transparency, sound policies and strong institutions.…
The Defence Headquarters says the Air Component of Operation Hadarin Daji has taken out another bandits’ camp, killing scores at a location near Ungwar Ali-Kere in Katsina State. The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, stated this in a statement on Wednesday in Abuja. Enenche said the airstrike was executed on Tuesday on the heels of credible intelligence reports and confirmatory surveillance missions which revealed that bandits had established a camp at the location. He said that an appropriate force package of Nigerian Air Force (NAF) fighter jets and helicopter gunships were dispatched to engage the location. According to…
U.S. President Donald Trump’s youngest child, Baron, also contracted COVID-19 but has recovered, according to his mother and First Lady, Melania Trump. In an article on the official website of the White House titled, “My personal experience with COVID-19,” Mrs Trump also disclosed that she had also tested negative. “It was two weeks ago when I received the diagnosis that so many Americans across our country and the world had already received: I tested positive for COVID-19. “To make matters worse, my husband, and our nation’s Commander-in-Chief, received the same news. “Naturally my mind went immediately to our son. To…
Christian Eriksen’s penalty on his 100th appearance for Denmark earned his side a 1-0 win over England in their Nations League clash at Wembley on Wednesday. This was as the hosts played more than half the game with 10 men. Former Tottenham Hotspur midfielder Eriksen powered his spot kick past Jordan Pickford in the 35th minute, a couple of minutes after England centre back Harry Maguire had received a red card for a second booking. The closest an unfamiliar-looking England side came to an equaliser after the break was when Mason Mount’s close-range header was superbly clawed away Kasper Schmeichel.…
Coalition of Northern Groups (CNG) has urged the Federal Government to declare a state of emergency on the insecurity ravaging the country, particularly the North. Alhaji Abdul-Azeez Suleiman, the Spokesman for the group, made the call at a news conference in Abuja on Wednesday and called on the government to take urgent steps to end the situation. He particularly decried the insecurity situation in the northern part of the country, noting that in spite of several pleas by the people of the region, authorities had refused to show more interest. Suleiman also criticised the attitude of the northern elite and…
Two days ago, a team of staff of CITAD went to Shara in Sumaila local government area of Kano to conduct a COVID-19 sensitization programme for teachers and students as well as parents of Shara Primary School, a community school that CITAD and the community established about four years ago. Although enrolment had increased but we found a number of the girls had dropped out. In response to the unvocalized question of our team members, the Community leader said that they had been married off. They were still to be functionally literate and painfully they had reached the end of…
The Court of Appeal has declared that the Police Act 2020, enacted in September, is unconstitutional, null and void, especially as it affects the constitutional mandate of the Police Service Commission, PSC. This is contained in the Certified Copy of the Appeal Court judgement, following an appeal by the Commission, against the ruling of the Federal High Court in Abuja, received by the Commission on Tuesday, which ASHENEWSONLINE obtained on Wednesday. According to the judgement, “the provision of the Act, is obviously in conflict with paragraph 30 Part 1 of the Third Schedule to the 1999 Constitution” which empowers the…