Connect with us

News

NNPC Ltd Moves to Revive Brass, OK LNG Projects

Published

on

 

In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd. has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects.

NNPC Ltd.’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines of the ongoing 2024 Gas Technology Conference and Exhibition (Gastech), in Houston, United States, on Thursday.

Brass LNG and OK LNG are two LNG projects with the potential of manifold economic benefits for the country which include job creation, power generation, revenue generation and economic diversification. The multi-billion-dollar projects were however stalled due to unfavourable market dynamics and slow decision-making by the political class in the past.

“In the past, gas prices went down, the economics of the projects meant a high Capital Expenditure (CAPEX), and this was a dis-incentive for investors and partners. Also, there was slow decision-making by the political class,” the CFO added.

Advert

While describing NNPC Ltd. as a commercially driven Company which recognises timely project development and execution, the CFO said there are abundant gas resources in many parts of the world and therefore, the earlier Nigeria makes smart decisions to bring partners to the table, the better.

Ajiya commended President Bola Ahmed Tinubu for his support in driving new projects in the Industry through the Presidential Executive Orders on Oil & Gas Reforms.

“We are also happy to have the Petroleum Industry Act, 2021 (PIA) which has provided fiscal incentives for investors and is creating the enabling environment that has rekindled hope in the energy sector.”

Ajiya described Gastech as an avenue for NNPC Ltd. to learn new technologies which will help the Company decarbonise its operations and promote its abundant LNG resources to the global market.

In a statement signed by Olufemi Soneye Chief Corporate communications officer of NNPCL said Gastech is the world’s leading forum dedicated to delivering a more sustainable energy future by bringing together experts who brainstorm to create pathways towards global energy security for lasting climate impact.

 

News

INEC Extends Submission of Nominated Candidates Deadline for 2027 Elections by Three Days

Published

on

 

By Yusuf Danjuma Yunusa

The Independent National Electoral Commission (INEC) has granted a three-day extension to political parties for the submission of candidate names for the 2027 presidential and National Assembly elections.

The deadline, initially set to expire at midnight on Saturday, July 11, 2026, has been moved to Tuesday, July 14, 2026. The commission announced the adjustment in a statement issued on Sunday by its National Commissioner and Chairman of the Information and Voter Education Committee, Mohammed Kudu Haruna.

Advert

According to INEC, the extension was necessitated by a formal appeal from the Inter-Party Advisory Council (IPAC), which cited difficulties encountered by several parties in uploading the required names and personal particulars of their aspirants within the original timeframe.

In the statement, INEC emphasized that the decision underscores its dedication to an inclusive electoral process while remaining strictly within the bounds of the law. The commission reaffirmed that the adjustment is a responsive measure to the operational challenges raised by the political parties.

INEC has consequently urged all political parties to make the most of this additional window to finalize their submissions.

“The Commission enjoins political parties to take advantage of this window of opportunity and ensure that all necessary details are uploaded before the expiration of the new deadline,” Haruna added.

Continue Reading

News

ICPC to Arraign ex-Minister Uche Nnaji over Forged Credentials

Published

on

 

By Yusuf Danjuma Yunusa

Former Minister of Science and Technology, Uche Nnaji, is scheduled to be arraigned on Monday before the Abuja Division of the Federal High Court over allegations of certificate forgery that led to his resignation in 2025.

According to Peoples Gazette, the Independent Corrupt Practices Commission was compelled to open an investigation on Mr Nnaji after evidence of forged credentials surfaced, further reinforced by a follow-up petition by the HEDA Resource Centre, an anti-corruption group.

Reports had in 2023 that Mr Nnaji’s discharge certificate from the National Youth Service Corps was a dupe and that his so-called bachelor’s degree certificate was so poorly done that any curious observer could spot its inconsistencies without extra effort.

Advert

Despite resigning over alleged certificate forgery, Mr Nnaji picked up the 2027 PDP Enugu governorship nomination form earlier this year and emerged the winner.

He was arrested at the Nnamdi Azikiwe International Airport in Abuja on July 1, having shirked previous invitations to visit the ICPC office for questioning.

Sources acquainted with the matter said the anti-graft commission has built a “water-tight” case against Mr Nnaji and filed criminal charges against him before Justice Abdulmalik Joyce.

The Gazette learnt that it will be nearly impossible for Mr Nnaji to wriggle his way out of these evidence-backed charges, which border on corruption, including the submission of forged credentials to the National Assembly during his ministerial screening, and so on.

Continue Reading

News

Remi Tinubu Urges Davido, Burna Boy, Asake, to Help Tackle the Economy, Says Govt Alone Can’t Fix It

Published

on

 

By Yusuf Danjuma Yunusa

The First Lady Senator Oluremi Tinubu has said that although luxury is good, Burna Boy, Davido, Asake and other wealthy Nigerians should help the less-privileged.

She said “the burden on the government is huge”, so the rich should help.

Also, Mrs Tinubu reiterated her call for Nigerians to consider small businesses such as akara.

She made the calls in Lokoja, Kogi State, on Saturday, where she launched the national community food bank.

“Nigeria is a great country. We have a lot of wealthy people. But our priorities are different. And I think it’s high time we started helping those who need help in the country.

“I want to appeal to our young ones in the entertainment industry.

Advert

“I’ve mentioned it before, and I will use Akon, a music icon who does a lot of great charity work.

“The Burna Boys of this world, Asake, all of them, Davido. We want to see you with one foundation or the other, helping the poor with your money.

“Good cars are good; a Maybach is good. Rolls-Royce is good, but still you can still help. The burden on the government is huge.

“You can still help.

“There are pepper sellers. There are vegetable sellers. There are okra sellers, melon sellers, akara, kulikuli. Akara is delicious; I can tell you that,” she added.

The first lady also urged Nigerians not to look down on legitimate means of eking out a living.

“And I read an article about a young graduate who said he didn’t get a job. And he said he sells akara because he couldn’t get a job, and he’s in Abuja.

“We approached him, but I didn’t put my name to it. We equipped him more. He now has 12 workers under him, and he’s doing very, very well.

“So our people should never despise jobs,” she said.

Speaking on empowerment programmes in Kogi, Tinubu announced the donation of ₦100,000 to empower another 2,000 petty traders in the state.

She also commended the beneficiaries for their efforts.

“Today in that same spirit, the Renewed Hope Initiative has donated ₦100 million to the First Lady of Kogi State and RHI coordinator to empower another 2,000 petty traders in Kogi State with the sum of ₦50,000 each to recapitalise their existing businesses.

“And I’m glad that the women who are beneficiaries, they got the idea because I saw them bringing their tray of different food items, very small items, to welcome me today.

“And I think the message is quite received, no matter how people want to turn it around,” Mrs. Tinubu added.

Continue Reading

Trending