Business articles

SPDC Reports 51 Broken Pipelines in Niger Delta

Forensic Audit: NDDC Revokes Contracts Awarded Before 2020

Forensic Audit: NDDC Revokes Contracts Awarded Before 2020

The Niger Delta Development Commission, NDDC, has revoked all contracts awarded by the commission before December 31, 2019, for which contractors have not mobilised on site. A statement issued on Sunday by the Director of Corporate Affairs, Ibitoye Abosede, said consequently all monies paid to contractors that had not mobilised on site for those contracts


The War in Ukraine will bring Economic downturn to Sub-Saharan Africa, Says IMF

The International Monetary Fund, IMF, says the war in Ukraine will lead to economic setback for sub-Saharan Africa, including Nigeria, as it brings “a new shock and little room to manoeuvre.” The Fund had forecasted a promising regional recovery for sub-Saharan Africa with economic activities on the upside in 2021. However, the Ukraine war precipitated

Hope Uzodinma

Uzodinma Signs MOU with NDDC for Roads

The Governor of Imo State, Hope Uzodinma, and the Niger Delta Development Commission, NDDC, have signed a Memorandum of understanding for the completion of three major road projects in Imo state. At the signing ceremony held at Government House, Owerri, Uzodinma commended the NDDC for its various interventions in the development of the Niger Delta

Nyesom Wike Photo

Rivers 10th Flyover to Cost ₦8.2bn

Rivers State Executive Council has approved the construction of a flyover at Elimgbu/Rumuokwurushi axis of the East-West road in Port Harcourt at the cost of ₦8.2 billion. The approval was given at the EXCO meeting held at Government House, Port Harcourt on Thursday. At a press briefing, the Commissioner for Works, Elloka Tasie-Amadi, said the

Youth Empowerment Programme, ICT-YEP

Delta Empowers About 600 Youths on ICT

Delta State Government on Monday presented starter packs to 593 youths trained on its Information and Communications Technology – Youth Empowerment Programme, ICT-YEP with a call on the beneficiaries to make good use of the opportunity to launch themselves into the technology world. Speaking during the closing ceremony of the first phase of the (ICT-YEP)

Rice Paddies Photo

NDDC Directs Rice Mill to Source Paddies From Local Farmers

The Niger Delta Development Commission, NDDC, has charged Elephant Group, the firm operating its multi-million-naira rice mill at Elele-Alimini, in Emohua Local Government Area of Rivers State, to integrate local farmers in the Niger Delta to be fully engaged in the production of paddies. NDDC Director Corporate Affairs, Ibitoye Abosede, said in a press release

COVID-19 Vaccine Photo

COVID-19: The Jab or Your Job

….Edo Govt Reads Riot Act to Vaccine-Resisting Public Servants With effect from September 15, 2021 when implementation of compulsory vaccination for all residents of Edo State would come into force, the state government on Thursday told its teachers, health workers and other public servants, to choose between taking the jab or losing their jobs. Reading

Federal Inland Revenue Service, FIRS,

VAT Collection by States: FIRS Seeks Stay of Execution

The Federal Inland Revenue Service, FIRS, has applied to the Federal High Court sitting in Port Harcourt for an order of stay of execution of the judgment given by the court on August 9th that declared as unconstitutional the collection of Value Added Tax, VAT, by the Federal Government. The FIRS also sought an order

PHOTO CAPTION: Donald Chika Denwigwe, SAN (middle) lead counsel to Government of Rivers State and Ken C.O. Njemanze, SAN (left) briefing journalists after the Federal High Court in Port Harcourt on Monday declared FIRS collection of Value Added Tax in Rivers State unconstitutional.

Court Stops FG from Collecting VAT, Personal Income Tax

The Federal High Court sitting in Port Harcourt has declared that it is not the place of the Federal Inland Revenues Service to collect Value Added Tax, VAT, and personal income tax, PITA. In a suit brought by the Rivers State Government, the court, presided over by Justice Stephen Dalyop Pam, also issued an order

Oginiba slaughter market located in Trans -Amadi Industrial layout, Portfolio in Harcourt Photo

Rivers Closes Largest Slaughter Market Permanently

Rivers State Government has now permanently shut down Oginiba slaughter market located in Trans -Amadi Industrial layout, Portfolio in Harcourt. According to the Commissioner for Agriculture, Fred Kpakol, the decision to close the market permanently was taken at the state executive council meeting on Monday presided over by Governor Nyesom Wike. Briefing journalists after the

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