Chief Executive Officer
Nigerian airlines list conditions for full refund to passengers after two-hour flight delay
Following the pronouncement of the Federal Government that airline operators must refund the full cost of travel tickets to passengers after a two-hour delay, commercial airlines have listed the conditions for such reimbursement. The airline operators made this known in separate interviews with newsmen. The Minister of Aviation, Hadi Sirika, had, on Thursday at the weekly State House briefing in Aso Villa, Abuja, read out some of the rights of air passengers as enshrined in Part 19 of the Consumer Protection Regulations of the Nigerian Civil Aviation Regulations (2015) and charged them to demand their rights whenever they were being trampled upon by airlines. “On domestic flights, for delay beyond one hour, carrier should provide refreshment, and one telephone call, or one SMS, or one e-ma...
President Buhari appoints PPPRA board chairman, chief
President Muhammadu Buhari, at the weekend, approved the appointment of a Chairman, and an Executive Secretary/Chief Executive Officer for the Petroleum Product Pricing Regulatory Agency (PPPRA). The Board Chairman is Mr Atuonwo A. Obinna, while the Executive Secretary and CEO is Mr Abdulkadir Saidu, whose appointment was renewed for another four years. According to the Presidential Spokesman, Femi Adesina, the appointment of Mr Atuonwo Obinna as Chairman Governing Board for a four-year term is in accordance with Section 2 (1-3) and 3 (a) of the Petroleum Product Pricing Regulatory Agency (Establishment, ETC) Act 2003. Also, the renewed appointment of the CEO brings tranquility to PPPRA as anxious staff and stakeholders wondered why suspense pervaded the agency since Saidu’s first tenure e...
UNILAG student arrested over murder of Super TV chief
The Lagos State Police Command has arrested 21-year-old Chidinma for allegedly killing the Chief Executive Officer, Super TV, Usifo Ataga, in the Lekki area of the state. The state Commissioner of Police, Hakeem Odumosu, said Chidinma is an undergraduate of the University of Lagos, adding that she had confessed to committing the crime. Chidinma was paraded at the police command headquarters in Ikeja on Thursday. While the owner of the rented apartment where the tragic incident took place had been arrested, Odumosu also said Ataga’s account had been blocked to prevent further withdrawals from it by those taking advantage of his untimely death to deplete the account. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined w...
MTN to invest N640 billion to expand broadband access
MTN Nigeria plans to invest N640 billion (approximately US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress. ‘Nigeria is one of our most important markets. We have a proud history of partnering with Nigeria and Nigerians to drive faster and more inclusive growth through digital transformation,’ said MTN Group President and Chief Executive Officer Ralph Mupita after a three-day visit to Abuja and Lagos, in which he met a number of key stakeholders. These included President Muhammadu Buhari; Vice President Oluyemi Oluleke Osinbajo; Minister of Communications...
Dangote Cement completes issuance of N50 billion bond programme
Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme. In a statement on Tuesday, the cement producer said the bonds were issued on May 26, 2021 at coupon rates of 11.25 percent, 12.50 percent and 13.50 percent for the three, five and seven-year tranches respectively. The bonds will be listed on the Nigerian Exchange Limited and FMDQ Securities Exchange. Dangote Cement said that the proceeds of the bond issuance will be deployed for the company’s expansion projects, short-term debt refinancing and working capital requirements. “Aside from this first issuance of a traditional bond under the new Multi-Instruments Programme, Dangote Cement has registered a programme ena...
Lady accuses Ned Nwoko of unjustly detaining her dad, uncles
A Nigerian lady has accused billionaire lawyer, Prince Ned Nwoko, of unjustly detaining her father and uncle. According to her, Nwoko is bent on frustrating her family. The lady also alleged that Nwoko accused her dad of what he is innocent of and has locked up several people unjustly. She said: “I don’t know why Ned Nwoko is so bent on frustrating my family. “Please, I beg you all to lend me your voices. “At least I believe that somebody somewhere will definitely hear us and help us out. “I still believe that there will be one person who can actually help us. “Ned Nwoko please, I just want my father to be free. “Please release my daddy, not just my daddy, please release Prisca’s daddy too, release Anthonia’s uncle, release my uncle Raymond. “Release them, what are you keeping them for? “W...
Oyo governor unveils agriculture electronic centre in Ibadan
Governor Seyi Makinde of Oyo State has inaugurated Africa’s first agricultural electronic centre, an innovation provided by Farm Konnect Agribusiness Nigeria Plc in Ibadan. A lot of dignitaries in and outside the state were in attendance at the epoch event, which took place at the Basorun area of Ibadan. Amongst the dignitaries include the Oyo State Chief of Staff, Chief Bisi Ilaka, the Director-General Oyo State Agribusiness Development Agency, Dr Debo Akande, Ekiti State Commissioner for Agriculture, and his Osun State counterpart, the representatives of the federal government, bank officials, investors and others. Speaking at the event, Governor Makinde commended FarmKonnect for bringing such an innovation that will change the face of agriculture in the country and Africa as a whole to ...
Ex-President Obasanjo urges Ogun government to partner stakeholders on waste management
Former President Olusegun Obasanjo has urged Ogun government to partner stakeholders in the waste management sector to enable the state to achieve a cleaner environment. Obasanjo stated this when the Ogun State Waste Management Authority (OGWAMA) team visited him at the Olusegun Obasanjo Presidential Library (OOPL), on Thursday in Abeokuta. He commended Gov. Dapo Abiodun for establishing the agency for proper sanitation, saying that this was a demonstration of his determination to ensure a cleaner environment in the state. “I am advising the governor and his administration to partner with the various stakeholders in the waste management sector. “This will help the state to reap its efforts at making the environment clean, which is the main reason for establishing the agency,” Obasanjo said...
NiMet chief appointed permanent representative to WMO
Following his appointment as the Director-General and Chief Executive Officer of the Nigerian Meteorological Agency, NiMet, Prof. Mansur Bako Matazu, has been appointed the Permanent Representative of Nigeria to the World Meteorological Organization, WMO. The appointment is in line with the provision of the General Regulations (Regulation 5a) of the World Meteorological Organization Basic Documents No. 1 (WMO – No 15) 2019 Edition which states that “Each member shall designate by written notification of the Secretary-General, a Permanent Representative who shall be the Director of the Meteorological or Hydrometeorological services to act on technical matters for the member between the sessions of congress. Subject to the approval of their respective government, Permanent Representative sho...
DPR revokes Addax Petroleum oil mining licences
File Photo The Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OML) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company. The affected assets are OML 123, 124, 126 and 137. Speaking during an interactive session with journalists in Lagos on Tuesday, the Director/Chief Executive Officer, DPR, Mr. Sarki Auwalu, who disclosed this, said it was discovered that over 50 per cent of the assets had remained underdeveloped, which he said was resulting to loss of revenue to the federal government. According to him, “Addax refused to develop the assets and Addax were therefore not operating the assets.” The DPR boss pointed out that going by the country’s Petroleum Act, “the first reason for a revocation is when you discover that...
DPR: Market forces should determine gas prices
File Photo The Department of Petroleum Resources (DPR) has advocated that market forces should be allowed to determine gas prices to guarantee the security of supply and demand of the commodity. Mr Sarki Auwalu, the Chief Executive Officer, DPR, disclosed this while presenting keynote address at the pre-summit conference on “Decade of gas’, in Abuja, on Monday. Auwalu said that the right and market-based pricing of gas was critical, as it would assure producers of returns on their investments. He also outlined five critical levers for gas development, especially as Nigeria moves to leverage its abundant gas resources for national growth, diversification of the economy and to use gas as the fuel for economic transformation. According to him, the levers include availability, accessibility, a...
Minister tasks NSDC boss on ensuring self-sufficiency in sugar production
Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, has tasked the newly appointed Executive Secretary of the National sugar Development Council (NSDC), Zach Adedeji to work towards the realisation of the Federal Government’s goal in ensuring self-sufficiency in sugar production. Speaking at the inauguration of Adedeji as the Chief Executive Officer of the NSDC at the weekend in Abuja, Adebayo said the Federal Government relied on him to work assiduously towards the realisation of the country’s self sufficiency in the sugar production. He noted that the appointment of Adedeji was based on his performance in his former positions, adding that the nation expected him to leave landmark achievements by the time he would be leaving office. “You are therefore expected to discharge...
