News
Basic Metal and Steel Manufacturers Commend President Tinubu for Economic Growth Efforts
The Basic Metal, Iron and Steel Products Manufacturer, a sectoral arm of the Manufacturer Association of Nigeria, (MAN) has commended President Ahmed Bola Tinubu for his overwhelming performances and efforts towards the nation’s economic growth at the just concluded Nigeria-India economic roundtable meeting in India.
The group also commended the president for attracting the sum of $14 billion investment to boost the nation’s economy adding that the feats recorded by the Bola Tinubu-led government within 100 days of its inauguration will no doubt accelerate economic recovery and business growth in the steel sector.
This is contained in a statement issued on Sunday by the Chairman of the group, Dr. Kamoru Yusuf MON, stressing that, “Iron and Steel sector, if given the required attention and necessary support, is capable of ensuring accelerated growth of the nation’s economy.
Dr. Yusuf, who is also the Group Managing Director of KAM Holding Limited, a wholly owned indigenous Iron and Steel Industry in Nigeria added that, “President Tinubu has by all standards demonstrated his love and readiness to support industrialists. We, in the Iron and Steel sector of the Manufacturers Association of Nigeria, (MAN) are ready to support his administration with data, workable templates and roadmaps that will support Mr. President in his endeavour to succeed in his mandates to Nigerian citizens.
“As major stakeholders in Nigeria’s Project, we received this news with huge excitement and sense of fulfillment and hope that the breakthrough will further change the game of operations as ‘Risk Takers’ in the nation’s business environment. We pledge our unalloyed support to your administration towards ensuring and providing enabling atmospheres for industrialists to continue to thrive.”
The statement also emphasised that, “President Tinubu’s exceptional efforts in attracting such a substantial investment for Nigeria’s steel sector deserves standing ovation and applause.”
The group therefore promised to the Minister for Steel Development, Alhaji Shuaibu Audu, in the discharge of his duties at all times.
News
Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution
Ten people have been confirmed dead in a stampede at the Holy Trinity Catholic Church, Maitama, on Saturday, 21st December 2024, during the distribution of food items to vulnerable and elderly individuals.
The unfortunate incident, which occurred around 6:30 am, resulted in the loss of ten lives, including four children, and left eight others injured with varying degrees of severity. Four of the injured have been treated and discharged, while the remaining victims are still receiving medical attention.
The FCT Police Command, in a statement issued by its spokesperson, SP Josephine Adeh, confirmed the tragedy, extended condolences to the families of the deceased, and wished the injured a swift recovery.
News
Port-Harcourt Refinery Fully Operational- Says NNPC
The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.
We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.
Preparation for the day’s loading operation is currently ongoing.
Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians.
News
Port Harcourt Refinery Halts Production Less Than a Month After Resumption
Less than a month after the porthacourt appeared to have resumed production, the facility has stopped working.
It was gathered that the lifting of petrol actually stopped last Friday, December 13, as the 18-arm loading bay of the new Port Harcourt refinery was empty.
While about 18 trucks littered the stretch of the busy road leading to the refinery itself, nine trucks were spotted inside the parking yard, while the loading bay was empty.
Journalists who visited the refinery on Thursday, December 19, 2024, observed that the lifting of Premium Motor Spirit (petrol) had stopped completely.
The depot, which is usually a beehive of activities where tankers scramble for space at the parking yard, was a shadow of itself with literally no vehicular or human activity relating to operations.
This was after $1.5bn was approved in March 2021 and spent on the rehabilitation of the facility.
The inauguration of the 60,000 barrel per day production capacity plant by the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, November 26, 2024, was met with celebration and fanfare.
During the re-opening of the facility, there was lifting of petrol to the excitement of the cheering crowd.
However, less than 10 trucks of petrol were lifted that day as against widespread claims that about 200 trucks carried petrol out of the bay.
Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution
Port-Harcourt Refinery Fully Operational- Says NNPC
Port Harcourt Refinery Halts Production Less Than a Month After Resumption
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Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution
Port-Harcourt Refinery Fully Operational- Says NNPC
Port Harcourt Refinery Halts Production Less Than a Month After Resumption
FG Allocate ₦27bn For Obasanjo, Gowon, Buhari, Others In 2025
Court Renews Order of Arrest Against Mr. Bright Echefu for Allegedly Defrauding BCGNEEDS Company of $651,280.00 USD
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Open Letter To His Excellency The Executive Governor Of Kano State:Need For A Balanced Composition Of Kano State Executive Council
Minimum Wage: Kano Water Board Staff Embark on Indefinite Strike
ASUU Declares Indefinite Strike
NLC Declares One Week Strike
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