The Action Group on Free Civic Space condemns the arrest, and imprisonment of Barrister Inibehe Effiong, and demands immediate release The Action Group on Free Civic Space (AGFCS) has strongly condemned the arrest and imprisonment of human rights lawyer, Barr. Inibehe Effiong by the Chief Judge of Akwa Ibom State. In its statement obtained […]
MicCom Boss Calls for Collaboration between Stakeholders to Resolve Tariff Deficit Issues in Nigeria By Eyo Nsima The Aggregate Technical, Commercial & Collection losses in the Nigerian power sector stood at 50.01 percent in the second quarter of 2021, about 30 percent higher than the Expected Industry Average of 22.11 percent, according to the Nigerian
TheDaily Africa Summit holds Friday, August 5, 2022 with The Challenge Associated with Processing, Distribution and Utilising LPG as theme By Godswill Odiong Determined to assist in finding a lasting solution to the global energy crisis, The Daily, www.thedaily-ng.com, has concluded plans to hold its The Daily Africa Summit on Friday, August 5, 2022, at
IMF downgrades 2023 growth projection, puts 2022 at 3.4 % By Eyo Nsima The International Monetary Fund (IMF) has put Nigeria’s 2022 economic growth projection at 3.4 percent. In its July 2022 World Economic Outlook (WEO), titled, “Gloomy and More Uncertain”, released Tuesday, the IMF downgraded the nation’s 2023 projection to 3.2 percent, from 3.3
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EXPORT: Tin-can Customs records 73% rise By Eyo Nsima Tin-can Island Command of the Nigeria Customs Service, NCS, has recorded a 73 percent Year-on-Year, YoY, increase in the volume of export cargo through the port in the first half of 2022. According to the Command, it collected a total of N274.3 billion during the period.
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Electricity: State Govt’ll will have legal rights to establish Electricity Regulatory Commission — Omonfoman By Eyo Nsima The Managing Director/CEO, New Hampshire Capital Limited, and Technical Consultant on Power Sector for the Nigerian Governors Forum Secretariat, Mr. Odion Omonfoman, said the passage of the Edo Electricity Bill would arm the state with the constitutional and
PREPAID METERS: CBN asks court to freeze 157 accounts over alleged diversion of metering funds By Eyo Nsima The Central Bank of Nigeria (CBN) has requested the Federal High Court in Lokoja, Kogi state, to freeze 157 accounts of Meter Asset Providers (MAPs) over suspected diverting funds meant for prepaid meters. In its suit, the
Angered by accreditation withdrawal from Abia State Polytechnic, FENRAD asks; “Is a scholar still in government?” The Attention of Foundation for Environmental Rights Advocacy and Development, FENRAD, a pro-democracy and environmental rights advocacy group was recently drawn to the news making the rounds concerning the withdrawal of accreditation from Abia State Polytechnic, Aba. This is
MARITIME ACCIDENT: US offshore ship disabled, taking on water in Gulf of Mexico By Our Correspondent Offshore supply ship THUNDER has encountered water ingress in the Gulf of Mexico, some 65 nm south of Port Fourchon, Louisiana, according to FleetMon. It stated: “Offshore supply ship THUNDER in the afternoon Jul 23 reported water ingress in
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