Home » Chiefs » Page 2

Chiefs

NNPC seeks $1 billion funding to revive PHC refinery

The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State. To realise its plans, the nation’s oil company is already in high-level discussion to raise the money via a prepayment deal with trading firms. If the financing is successful, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill. It would also mark Nigeria’s second oil-backed financing since the COVID-19 pandemic that has added to the difficulty of finding investors as fuel demand is sapped by lockdowns and renewable energy is gaining ground over fossil fuels. The money would be repaid over seven years through deliveries of Nigerian crude and products from the refinery once the refurbis...

Group dismisses Nigerian Army chief’s coup alarm as diversionary

A Coalition of elders under the auspices of Nigeria Elders for Peace and Good Governance (CONEPAGG), has accused the Chief of Army Staff, Lieutenant General Tukur Buratai, of raising false alarm about “imaginary” coup to divert the attention of Nigerians from the failings of the Service Chiefs. Buratai had while decorating the 39 newly promoted Major Generals, said he was aware that some Generals were being approached by politicians, warning that his eyes are on them. He vowed that the Nigerian Army will never tolerate any agent of destabilization bent on scuttling the current democratic dispensation. “Democracy has come to stay. We will not tolerate any agent of destabilization. The years of military misadventure in politics have never carried us anywhere. It is over,” Buratai had stresse...

Leeds boss kicks against fans returning to stadiums

Marcelo Bielsa has demanded Premier League chiefs block fans returning to grounds until all 20 top-flight clubs can reopen their turnstiles. Under the new Covid tier system, half of Premier League clubs will still not be allowed supporters from Wednesday, while the other ten can have 2,000. Leeds are in Tier 3 and must keep fans locked out – with boss Bielsa saying: “If fans are not allowed in all stadiums, then they should not be allowed until everyone can. “Clubs shouldn’t have to deal with the consequences of being in a category. It should be about trying to maintain the competition as equally as possible.” Arsenal will become the first Prem team to welcome fans back since March when they host Rapid Vienna in the Europa League on Thursday. While West Ham’s Prem clash with Manchester Uni...

Nigeria’s position in global terrorism ranking disappointing, embarrassing – APC group

APC Consolidation Group, a group in the ruling All Progressives Congress, APC-CG, has described Nigeria’s latest ranking as third in the Global Terrorism Index, GTI, as not only disappointing but also embarrassing. According to the group, the rating has confirmed its position that the nation’s service chiefs are not on top of the security situation in the country. It reiterated its call that President Muhammadu Buhari should relieve the security chiefs of their positions, saying anything contrary to that would portray the President as being insensitive to the security of lives and property of citizens which he swore to protect. Reacting to the global raking which placed Nigeria third in the world, National Coordinator of the group, Dr Usman Mohammed, insisted in a statement yesterday that ...

  • 1
  • 2