Indonesia to increase its purchases of Nigerian crude oil as both nations step up bilateral trade

NIGERIAN National Petroleum Corporation (NNPC) officials have disclosed that Indonesia has indicated its interest in increasing its crude oil purchases from Nigeria in a development they hope will boost the country's exports.


At the moment, Indonesia is one of Nigeria's largest crude oil purchasers, overtaking traditional buyers like the UK and US. According to NNPC, while Indonesia produces 900,000 barrels of crude oil per day, it uses 1.4m barrels, so 18% of its supplies come from Nigeria and 28% from Saudi Arabia.



Fashola promises that Buhari regime will meet its promise of generating 10,000MW by 2019

POWER minister Babatunde Fashola has promised that the government will meet its target of generating 10,000MW of electricity by 2019 in line with the pledge provided by President Muhammadu Buhari.


When President Buhari assumed office in 2017, he said he believes that 10,000MW will be an appropriate amount of power required to meet the nation's energy needs. On May 29, 2015, Mr Fashola, the minister of power, works and housing, pointed out that the amount of power available on the national grid was 2,690 megawatts while on May 29, 2017, the amount was 4,014 megawatts.


Soludo attributes recession to Goodluck for borrowing during boom and Buhari for wrong policies

FORMER Central Bank of Nigeria (CBN) governor Professor Charles Soludo has attributed the prevailing economic woes currently facing Nigeria to the wrong choice of government policies by both the Goodluck and Buhari administrations.



Dino Melaye says some of Buhari's appointees have constituted themselves into a criminocracy

KOGI West's Senate representative Senator  Dino Melaye has fired a salvo at President Muhammadu Buhari over several of his appointments claiming that they have done more harm than good to Nigerians as some of them now constitute a criminocracy.



Governor Obiano of Anambra State erects cenotaph in Awka in remembrance of Biafran fallen heroes

ANAMBRA State governor Willie Obiano has erected a cenotaph in Awka in remembrance of the dead who died during the Nigerian Civil War on the 30th anniversary of the declaration of the Republic of Biafra.


On May 30, Igbos marked Biafra Remembrance day as 30 years in 1967, its former leader Odumegwu Ojukwu declared it as an independent state, triggering a 30-mont civil war. Across southeast Nigeria, the day was marked with a sit-at-home protest that had been called by the Indigenous People of Biafra (Ipob), which is agitating for the recreation of Biafra.



Rohr omits Victor Moses from 23-man squad called for Nations Cup qualifier against South Africa

SUPER Eagles head coach Gernot Rohr has unveiled his squad for the forthcoming 2019 Nations Cup qualifier taking place against South Africa on June 10 with several surprises that include the dropping of English Premier League champion Victor Moses.



Arsenal reach agreement with Belgian side Eupen to sign Nigerian striker Henry Onyekuru for £6.8m


ENGLISH Premiership giants Arsenal have agreed to purchase Nigerian striker Henry Onyekuru from Belgian clubside KAS Eupen for £6.8m as part of a drive to strengthen its attack ahead of the forthcoming season.



Acting president Osinbajo delays signing of 2017 budget into law to engage in further consultations


ACTING president Professor Yemi Osinbajo has delayed signing the 2017 budget into law after it was decided to engage in further consultations before assenting to the 2017 appropriation bill.



Southeast governors distance themselves from calls for secession and Ipob's sit-at-home protest

GOVERNORS of the five Igbo states of the southeast geo-political zone have distanced themselves from the ongoing calls for the recreation of the breakaway Biafran republic saying that they believe in Ndigbo remaining part of Nigeria.


Today is Biafra Remembrance Day as it was 30 years ago on May 30 1967 that the breakaway republic was first declared. To mark the day, secessionist campaigners like the Indigenous People of Biafra (Ipob) have called for a sit-in across the southeast, urging Igbos not to go to work.



Acting president Professor Yemi Osinbajo's Democracy Day speech

Dear Nigerians, I bring you good wishes from President Muhammadu Buhari, GCFR, who as we all know is away from the country on medical vacation.

Today marks the second anniversary of our assumption of office. We must thank the Almighty God not only for preserving our lives to celebrate this second anniversary, but for giving us hope, strength and confidence as we faced the challenges of the past two years.
Our administration outlined three specific areas for our immediate intervention on assumption of office: these were Security, Corruption and the Economy.



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