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August 19, 2024 NNPCL Denies N6.8b Debt to International Oil Traders

NNPCL Denies N6.8b Debt to International Oil Traders

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted claims that it owes international oil traders 6.8 billion dollars.

The NNPC’s statement follows a recent report alleging that the oil giant was in debt to foreign oil traders and had failed to remit revenue to the Federation Account since January.

Reacting to this, NNPC, in a statement through its spokesperson, OLUFEMI SONEYE, dismissed the allegation as inaccurate.

The company explained that while it operates on credit terms in the oil trading business, it is up-to-date with its payments and maintains open credit lines with multiple traders.

August 19, 2024 Federal Government Places Embargo on Massive Recruitment to Accommodate New Minimum Wage

Federal Government Places Embargo on Massive Recruitment to Accommodate New Minimum Wage

With the approval of the new minimum wage by President BOLA TINUBU, the Federal Government has declared that it will no longer tolerate massive recruitment into agencies without sanction or waiver, as well as selective promotions.

State House Permanent Secretary,  OLUFUNSHO ADEBIYI made this indication at the opening of a one-day retreat organised by the State House Management and Heads of government agencies under its supervision, as part of preparations for the issuance of the call circular for the commencement of the 2025 budget exercise.

According to the Permanent Secretary, the retreat deliberated on the need for strict enforcement of government policies and sanctions for defaulting agencies.

August 19, 2024 Governor Umo Eno Calls for Calm Ahead of Army Conference

Governor Umo Eno Calls for Calm Ahead of Army Conference

As the Nigerian Army concludes plans to converge in Uyo, for the 2024 Chief of Army Staff Conference on Tuesday, 20th August, the State Governor, Pastor UMO ENO, has advised citizens not to panic at the unusual presence of military personnel around town during the period.

The Governor also announced that the State will take delivery of a new Airbus A220-300 aircraft, at the Victor Attah International Airport on the same day.

This will be the second of ten Airbus aircrafts ordered for the State-owned airline that will be received by Governor Eno since assumption of office.

Governor ENO made this known during Sunday service at the All Nations Christian Ministry International, Eket Local Government Area and affirmed that the aircraft’s delivery is fallout of his recent engagement with the Airbus team in Maastricht, Netherlands.

He described the selection of Akwa Ibom State for the 2024 Chief of Army Staff Conference as a gesture well appreciated.

He also reaffirmed the readiness of his administration, through the Bulk Purchase Agency, to take delivery of truck-loads of food items which would be distributed to needy citizens, noting that the intervention is also aimed at  tackling the wanton increase of prices by retailers.

Reassuring every one of his commitment to serve Akwa Ibom people and to remain connected with the electorates, Governor ENO decried the recent cloning of his regular phone line by hackers and promised to restore the line.

August 17, 2024 D’Tigers Drop 4 Places in World Rankings

D’Tigers Drop 4 Places in World Rankings

Nigeria’s senior men’s basketball team D’ Tigers has dropped four places in the latest FIBA ranking released yesterday.

D’Tigers slumped from 39th to 42nd position in the world ranking.

The former African champions tallied 299.7 points during the month under review to occupy sixth position on the continent.

South Sudan hopped from 34th to 23rd in the FIBA World Ranking to become the top-ranked African team, overtaking Cote d’Ivoire.

Angola, Tunisia, and Egypt complete the top five teams in Africa.

Olympic champions U.S. protected their lead at the top, while Serbia jumped up two spots to get to the second spot with a total of 758.9 points, overtaking Germany.

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