Minister of State, Petroleum Resources, Mr. Timipre Sylva, has stated that the federal government will continue to ramp up its current domestic gas expansion drive as well as its monetisation programme to increase the country’s supply of the much needed foreign exchange earnings. Speaking when he appeared virtually at the formal opening of the new headquarters of the Nigeria Liquefied Natural Gas Limited (NLNG) in Port Harcourt, Rivers State, the minister stressed that the company was expected to play a major role in achieving the objective. Sylva noted that the country’s gas reserves must be fully explored for the full benefit of Nigerians, noting that has remains a major game-changer for Nigeria, especially with the renewed attention to the commodity as a lower carbon energy source. “In ...
A middle aged man was Wednesday confirmed dead after an elevator crashed at the Cocoa House building in Ibadan, the Oyo State capital. Newsmen learnt that three other people were also injured when the elevator at the high rise building in the ancient city crashed. The Cocoa House was said to have been built with proceeds from cocoa by the then government of late Chief Obafemi Awolowo, who was the Premier of the Western Region. The building as at now is being managed by the Odua Investment Company Limited, which is owned by the six states of the South-west. It was gathered that the elevator was being repaired Wednesday before it crashed and fell on people working on it. The Head of Corporate Affairs, Odua Investment Company Limited, Mr. Victor Ayetoro, while confirming the death of one pers...
Hoodlums on Sunday attacked the head office of Complete Sports newspapers in Okota, Lagos. This was made known in a statement by the Group Managing Director of the company, Dr Mumini Alao. The hoodlums capitalised on the curfew imposed by the Lagos State Government in the wake of the violence and looting that rocked the state in the aftermath of the #EndSARS protests in the country, to carry out the attack. According to Alao, the suspected hoodlums forced their way into the company and ransacked the offices. “The hoodlums came very early on Sunday morning, October 25, 2020. They attacked our office security guards, tied them up, and proceeded to ransack several offices in the building,” Alao said. “Luckily for us, one of the guards escaped to raise the alarm, thus forcing the fleeing hoodl...