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July 4, 2024 President Tinubu Makes Appointments into CREDICORP
IFMUYONEWS

President Tinubu Makes Appointments into CREDICORP

President BOLA TINUBU has approved the appointment of qualified Nigerians to the Board of the Nigerian Consumer Credit Corporation – CREDICORP.

Special Adviser to the President on Media and Publicity, AJURI NGELALE in a statement in Abuja said that the appointment was to further expedite the process of expanding consumer credit access to Nigerians.

According to the statement, OTUNBA ADEREMI ABDUL, an Independent Non-Executive Director has been appointed as the board chairman of the nine-member board, while Engr. UZOMA NWAGBA is appointed as the Managing Director/Chief Executive Officer.

Mrs. AISHA ABDULLAHI is appointed as the Executive Director of Credit, Risk & Portfolio, while Miss. OLANIKE KOLAWOLE is the Executive Director Operations.

The new members of the Board are expected to bring their vast experience, competence, and dedication to bear in their functions to achieve CREDICORP’s mandate of accelerating access to consumer credit to millions of Nigerians.

July 4, 2024 Akwa Ibom State Government Clear Air On Sunrise to Sunset Operations at Victor Attah International Airport
IFMUYONEWS

Akwa Ibom State Government Clear Air On Sunrise to Sunset Operations at Victor Attah International Airport

The Akwa Ibom State Government has affirmed that the Victor Attah international airport is safe and fully operational, with its airfield lighting and all other safety accessories intact and functional.

The current sunrise to sunset operation approved by the Nigerian Civil Aviation Authority (NCAA) is in place to facilitate the completion and integration of the rapid exit way at the 21axis of the active runway of the airport.

A statement signed by the Commissioner for Information and Strategy, Comrade INI EMEMOBONG indicated thatthe completion of the rapid exit way is critical to the taxi way becoming fully operational and that as soon as the construction works are completed, the airport will revert to regular scheduled operations.

The statement also added that the current administration, led by Governor UMO ENO is dedicated to maximizing the state’s potential in the aviation industry.

TheMaintenance, Repair and Operations – MRO and other critical infrastructure at the airport are currently receiving priority attention and the contractors are on site working assiduously to ensure timely completion.

July 3, 2024 NNPCL Declares State of Emergency on Oil Production
IFMUYONEWS

NNPCL Declares State of Emergency on Oil Production

The Nigerian National Petroleum Company Limited -NNPCL says it has declared a state of emergency on oil production.

NNPCLsaid this was a move towards increasing Nigeria’s crude oil production and growing its reserves.

Group Chief Executive Officer of NNPCL, MELE KYARI, disclosed this in a keynote address at the opening of the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition Week in Abuja.

According to him, a detailed analysis of assets revealed that Nigeria could conveniently produce two million barrels of crude oil per day without deploying new rigs.

He added that the state of emergency will help NNPCL and its partners to speedily clear all identified obstacles to effective and efficient production, such as delays in procurement processes, which have become a challenge in the industry.

June 24, 2024 Federal Government Revamps National Gold Purchase Programme
IFMUYONEWS

Federal Government Revamps National Gold Purchase Programme

The Federal Government has revamped the National Gold Purchase programme, in a bid to improve the country’s reserves and boost the value of the Naira.

This policy came to the fore when the Minister of Solid Minerals Development, DELE ALAKE presented the latest gold bar sourced from artisanal and small gold miners and refined by an agency of the Ministry to President BOLA TINUBU in Abuja.

ALAKE lauded the President for supporting reforms in the solid minerals sector, assuring that the sector will in no distant time boost the nation’s reserves.

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