The Delta State Government says it will challenge federal government’s plan to deploy the recently returned £4.2 million (around N2.2 billion) recovered from former governor, James Ibori, at the Supreme Court. The Commissioner for Information, Ehiedu Aniagwu, disclosed this on Tuesday while reacting to news of the repatriation of the funds, which the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), said would be used to complete the ongoing work on Second Niger Bridge, Abuja-Kano Road and the Lagos-Ibadan road. “We would try to get take advantage of the legal system to make the federal government correct the injustice they are about to visit on us as a state,” he said. “If they are quite sure that the funds they are about to repatriate left Delta State on ...
Lagos Chamber of Commerce & Industry The Lagos Chamber of Commerce and Industry (LCCI) has posited that for Nigeria to take advantage of opportunities offered by the World Trade Organisation (WTO) under the leadership of Dr. Ngozi Okonjo-Iweala, it was important to build capacity for international competitiveness of our products and services. The Chamber also emphasised the need to address trade facilitation issues, especially around port processes, ports infrastructures, international trade documentation, foreign exchange policies, trade policies and industrial policies. The Director General of the chamber, Muda Yusuf, made the disclosure following the appointment of Okonjo-Iweala as the DG of the WTO, saying her emergence comes at a time when the global trading system is faced with n...
File Photo The Department of Petroleum Resources, DPR, Tuesday, disclosed that it plans to upgrade operations in the downstream petroleum industry, leveraging on its ongoing automation process. In a statement in Abuja, Director/Chief Executive Officer of the DPR, Engineer Sarki Auwalu, stated that the upgrade would be to global standards and would be driven by its deployment of improved technology. Auwalu, who was speaking at a virtual meeting with members of the Major Oil Marketers Association of Nigeria, MOMAN, in Abuja, noted that the DPR was currently deploying appropriate technology to enhance value for operators and investors alike in the downstream sector . Specifically, Auwalu explained that the DPR had concluded plans to launch the Downstream Remote Monitoring Systems, DRMS, an in...