Business Bells

Lekki Port: Amaechi Expresses Satisfaction At Increased Pace Of Work, Urges Promoters To Double Efforts

Business Bells

“I am happy; from the last time we came here, there has been huge progress; what this shows is that when you set your mind on something, you can achieve it. The agreement was that we would commission by the last quarter of 2022, but if we double our effort on this project, we could commission by July or August, and that would be great”, he said.

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AMCON Takes Over Ibadan Electricity Distribution Company

Business Bells

The memo reads: “Further, to the judgement wherein the Federal High Court on the 8th of September 2021 granted preservative orders in favour of Asset Management Corporation- AMCON, (being the Receiver/Manager of Integrated Energy Distribution and Marketing Limited); the court has appointed Mr Kunle Oqunba Esq.SAN to act as Receiver/ Manager Nominee in the receivership action.

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EXCLUSIVE: NEC Recommends N302 Per Litre Petrol Price By February

Business Bells

The recommendations were put forward by the NEC ad-hoc committee interfacing with the Nigerian National Petroleum Corporation (NNPC) on the appropriate pricing of PMS in Nigeria. The report was presented by Nasir El-Rufai, governor of Kaduna state and head of the committee.

The committee was established last year by NEC headed by Vice-President Yemi Osinbajo to look into the dwindling revenues of states.

Other members of the committee include Godwin Obaseki, Kayode Fayemi, and David Umahi, governors of Edo, Ekiti and Ebonyi states respectively; as well as Godwin Emefiele, governor of the Central Bank of Nigeria (CBN); and Mele Kyari, group managing director of

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