Author name: Godswill Odiong

In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

CENTRE FOR THE PROMOTION OF PRIVATE ENTERPRISE [CPPE] HALF YEAR ECONOMIC REVIEW

The Nigerian economy over the past six months was characterized by diverse economic vulnerabilities. These include the following: • Unprecedented surge in energy prices which had a very huge adverse effect on economic players across all sectors. • Unprecedented level of currency depreciation and currency volatility. • Increasingly weak fiscal space. • Acute foreign exchange […]

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SERAP sues Akpabio, Abass over ‘plan to spend N110bn on bulletproof cars, others’

Ekiti election: SERAP sues INEC for failing to prosecute vote-buyers

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Independent National Electoral Commission (INEC) for “failing to prosecute those suspected of vote-buying and electoral bribery during the recently concluded Ekiti State governorship election.” According to reports, there was a brazen pattern of vote-buying and electoral bribery in several polling units during the

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Tanzanian Energy Minister Makamba endorses Energy Congress to be hosted in Dar es Salaam in 2022

By Our Correspondent At a meeting that took place at the recent Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) www.adipec.com, the organisers DMG Events along with their strategic Tanzanian partners Ocean Business Partners Tanzania, reaffirmed their commitment to cooperate on the fourth edition of the Tanzania Energy Congress to be hosted in Dar es

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NCDMB logo

APPO visits NCDMB, NOGaPs, seeks collaboration in capacity building

A delegation from the African Petroleum Producers Organization (APPO) has paid a two-day study visit to the headquarters of the Nigerian Content Development and Monitoring Board (NCDMB). Part of the facilities inspected during the visit included the 17-storey Nigerian Content Tower located in Swali, Yenagoa Yenagoa Bayelsa State, and the Board’s flagship project- the Nigerian

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Port of Southampton to develop UK's first Shore Power Terminal by 2022

COVID 19: Business boom ahead as USA eliminates cruise ships programme

By Our Correspondent There were indications that businesses would boom in the coming months as the US Center for Disease Control and Prevention (CDC) has dropped its Covid 19 program for cruise ships. According to FleetMon, “In a surprising announcement, the US Center for Disease Control and Prevention (CDC) has stated that its Covid 19

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Disband Ebubeagu now, protect Imo citizens’ lives — S4C

By Our Correspondent Spaces for Change, a non-profit organization working to infuse human rights into social and economic governance processes in Nigeria, has called for disbandment of the Ebubeagu local security outfit in Imo State, Nigeria. The NGO accused the security outfit for allegedly killing seven young men in the area. In a statement obtained

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Nigerien Armed Forces, U.S. Air Force discuss Security in region

United States Air Force 409th Expeditionary Group commander, Col. Kevin Lee, and Nigerien Armed Forces Command Zone Two Commander, Col. Abdoulaye Ango held a roundtable discussion July 12, 2022. The discussion followed the 724th Expeditionary Air Base Squadron Change of Command Ceremony and included topics such as the strong relationship between United States military forces

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Scrap fire in cargo hold of Thai bulk carrier, Netherlands

MARITIME ACCIDENT: Aframax tanker crew in distress as another ship seized in India

By Our Correspondent Aframax tanker crew has encountered distress while another Russian ship was seized in India, according to FleetMon. It stated: “Russian Aframax crude oil tanker INDA is in trouble again, this time it’s her crew, calling for help and claiming they’re held on board of tanker for months, without payment, with supplies running

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JUST IN: Celebration as Research ship POLARSTERN arrives in Bremerhaven

MARITIME: Royal Caribbean acquires expedition vessel CRYSTAL ENDEAVOUR for $275MN

By Our Correspondent Royal Caribbean has received the go-ahead from courts to acquire the CRYSTAL ENDEAVOUR, an expedition vessel belonging to the now defunct Crystal Cruises, which it won in the auction, according to FleetMon. It stated: “Royal Caribbean has stated that they have received the go-ahead from courts to acquire the CRYSTAL ENDEAVOUR, an

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Elcrest on behalf of OML 40 JV donates relief items to gbetiokun communities in Delta State

Elcrest Exploration and Production Nigeria limited has, on behalf of itself and the Nigeria Petroleum Development Company (NPDC), Operator of the OML 40 JV, presented various relief items to communities in Gbetiokun, Delta state, to ameliorate the effects of an oil spill from MT Harcourt (A mother vessel used by the JV to store produced

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