Author name: Godswill Odiong

Petroleum Industry Act marks a significant milestone in the administration of Nigeria’s oil and gas industry --- LCCI

How VAT payment controversy disrupted businesses in Nigeria — LCCI

By Eyo Nsima The Lagos Chamber of Commerce and Industry, LCCI, Sunday, noted that the controversy over the payment of Value Added Tax, VAT, greatly disrupted businesses in Nigeria. In a statement obtained by The Daily, www.thedaily-ng.com, Director General, Dr. Chinyere Almona, stated: “A court judgment restrained the Federal Inland Revenue Service (FIRS) from collecting […]

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

End communications shutdown in Zamfara, Katsina, SERAP tells Buhari

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “direct the Minister of Communication and Digital Economy, Isa Pantami, and the Nigerian Communications Commission (NCC) to immediately reverse the apparently unjustified suspension of internet and telecommunication networks in Zamfara State, and 13 local government areas of Katsina State.” The NCC recently ordered

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NIGER DELTA: INC calls for inauguration of NDDC board

By Eyo Nsima The President, Ijaw National Congress, INC, Prof. Benjamin Okaba, Saturday, called for the urgent inauguration of the board of the Niger Delta Commission, NDDC. In a statement obtained by The Daily, www.thedaily-ng.com, he said: “Any further delay in the inauguration of the NDDC board is a clear betrayal of trust and display

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CBN denies, condemns peddlers of rumor on Domiciliary Account Holdings

CBN threatens to suspend banks over illegal forex deals

By Eyo Nsima The Central Bank of Nigeria, CBN, Friday, threatened to suspend the license of banks involved in illegal foreign exchange transactions. In a letter to the banks, Director, Trade and Exchange Department, CBN, Dr. O.S. Nnaji, stated: “In line with our continuing close surveillance of our financial markets in general and the foreign

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Sylva opens NCDMB Research Incubation Centre, Launches $50m R&D Fund

The Minister of State for Petroleum Resources, Chief Timipre Sylva on Thursday commissioned the Nigerian Content Development and Monitoring Board’s Technology Incubation and Innovation Center and formally launched the US$50 million Nigerian Content Research and Development Fund. The Minister performed these tasks at the second edition of the NCDMB R&D Fair and Conference held on

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Scrap fire in cargo hold of Thai bulk carrier, Netherlands

ACCIDENT: Fire in cargo hold of Chinese freighter in Netherlands

Cargo of plywood caught fire in the cargo hold of general cargo ship LOA FIRTUNE, berthed at Moerdijk, Netherlands, on September 10, 2021, according to FleetMon. It stated: “Firefighting is to last for at least several hours, because first, containers must be removed from cargo deck, in order to get direct access to fire, said

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MARITIME: Global accident rises by 2.7% to 76

MARITIME ACCIDENT: Norwegian freighter rescued 35 fishermen from burning seiner in Indian Ocean

Indonesian purse seiner SETIA ABADI 2 has caught fire in the Indian Ocean, according to FleetMon. It stated: “Indonesian purse seiner SETIA ABADI 2 caught fire on Sep 8 in Indian ocean some 400 nm off Sumatra, Indonesia. Luckily for most of 39 crew of SETIA ABADI 2, Norwegian general cargo ship PELICANA (IMO 9401790)

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JUST IN: The Daily Africa Summit Begins Soon with Focus on Oil, Gas Production in Ogoniland

By Eyo Nsima The Daily Africa Summit is set to start, Saturday, September 11, 2021, at 10 am, with Fyneface Dumnamene Fyneface, an Ogoni-born environmental Justice Activist, Human Rights Defender and Executive Director of Youths and Environmental Advocacy Centre (YEAC), as Guest Speaker. Fyneface will be speaking on, ‘Issues, Problems & Prospects of Producing Oil,

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5G Consultation ongoing –NCC

Federal Government approves 5G deployment in Nigeria

By Eyo Nsima The Federal Government has approved the deployment of the Fifth Generation Network, otherwise called 5G in Nigeria. The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim (Pantami) announced the approval after the Federal Executive Council (FEC) meeting in Abuja on Wednesday, September 8, 2021. Following the approval, the Minister has

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