nigeria

How Nigeria loses over ₦1tr to defective building code

How Nigeria loses over ₦1tr to defective building code

Nigeria might be losing trillions of naira to the non-review and non-domestication of its national building code. The loss includes the cost of rescue operations and deployment of emergency equipment during building collapse, and the cost of building materials, and treatment of injuries.

Besides, over 309 deaths, preventable by a functional building code, have been reported following structural collapse in the last 10 years.

What is currently regarded as a national building code was bequeathed to the country by colonialists and is no longer applicable for modern-day construction.

A building code, also known as building control or building regulation, is …

How Nigeria lost $9.6b gas contract award suit in UK

How Nigeria lost $9.6 billion gas contract award suit in UK

The Irish gas firm involved in the $9.6 billion asset controversy with Nigeria at the weekend blamed President Muhammadu Buhari’s government for the nation’s precarious situation in the matter.

According to P&ID, the current administration failed to take a conciliatory stance and was negligent in the processes leading to the confirmation of the award by the English Court.

A court in the United Kingdom had, two weeks ago, affirmed the right of P&ID to seize at least $9.6 billion (about N2.9 trillion in the official exchange rate of N305/$) of Nigeria’s assets as arbitration award because the country failed to …

Nigeria loses 22mb of crude oil in 6 months – Gov. Obaseki

Nigeria loses 22mb of crude oil in 6 months – Gov. Obaseki

Edo Governor,  Godwin Obaseki said the nation lost about 22 million barrels of its crude oil production to oil theft between January and June 2019.

Obaseki disclosed this in a statement issued by Mr Ndu Ughamadu, the Spokesman for the Nigerian National Petroleum corporation( NNPC) in Abuja on Thursday.

He said that if nothing was done to curtail the ugly trend, the figure could double by the end of the year.

The governor, also the Chairman of the Ad-hoc Committee of the National Economic Council on Crude Oil Theft spoke at a stakeholders meeting held at the NNPC towers .…

Bad Nigerians abroad don’t represent Nigeria – Fake Buhari

Jubril Al-Sudani, the Sudanese impostor being paraded as President Muhammadu Buhari has said that the few Nigerians living abroad and getting involved in criminal activities do not represent the values of majority of the people of Nigeria.

NAN reports:

Mr Femi Adesina, the President’s spokesman in a statement in Abuja, said President Buhari stated this when he met with leaders of the Nigerian Community living in Japan.

The meeting was on the sidelines of the Seventh Tokyo International Conference on African Development (TICAD7), on Thursday in Yokohama, Japan.

The President declared: “Let me also say that there are few

Only rotational presidency will stabilise Nigeria - Arise

Only rotational presidency will stabilise Nigeria – Arise

Senator Ayo Arise who represented Ekiti North district between 2007 to 2011 believes that only a rotational presidency arrangement would stabilize the nation. In this interview, he spoke on various issues including the deteriorating security situation in the country.

What are your reflections on the deteriorating security situation in the country especially with regards to the promise by your party, the APC to make the country secure

The security challenges the nation is facing now is not about the party; I feel that it should be of great concern to all Nigerians; whether you are in party A or …

Abba Kyari: The unofficial president of Nigeria

Abba Kyari: The unofficial President of Nigeria

By MarkAnthony Nze

Officially, Abba Kyari is supposed to be the Chief of Staff to the Nigerian President, he was first appointed to this position precisely on the 27th of August 2015, and towards the end of 2017, with the demise of President Muhammadu Buhari, he craftily enthroned himself, the overall leader of the country, and since then he and other members of the All Progressives Congress(APC) have been running the affairs of Nigeria having Jubril Al-Sudani, a Sudanese impostor being paraded as President Muhammadu Buhari.

This deceit by the APC Cabal led by Kyari went on for quite …

Insecurity everywhere in Nigeria is terrible - Ahamba

Insecurity everywhere in Nigeria is terrible – Ahamba

Elder statesman and Senior Advocate of Nigeria (SAN), Chief Mike Ahamba, has cautioned that the deteriorating security situation in the country could force Nigerians to employing private armies to protect themselves. In this interview, he spoke on several national issues.

There is no contention that the greatest challenge facing every Nigerian today is that of security to his life and property. At the moment, no state is free from the deteriorating security situation. How do you feel as a Nigerian today?

It is very worrisome and everywhere you see two people sitting together, all you hear them talk about is …

Pray for Nigeria's unity, MFM's G.O. urges Nigerians

Pray for Nigeria’s unity, MFM’s G.O. urges Nigerians

The General Overseer, Mountain of Fire and Miracles Ministries (MFM), Dr. D. K. Olukoya, has urged Nigerians to remain fervent in prayers for the peace of the nation.Olukoya, who made the call yesterday at the end of the church’s 30th anniversary celebration and international convention held between Saturday, August 24 and Sunday, August 25, 2019 in Lagos, said: “I am a believer in one Nigeria. I believe God Has a purpose for Nigeria. If you look at the map of Africa, it looks like a gun and Nigeria is at the trigger end of it. So, God has a …
Nigeria isn’t working, let’s break it - Prof. Nwala

Nigeria isn’t working, let’s break it – Prof. Nwala

President of Alaigbo Development Foundation (ADF), Prof. Uzodinma Nwala has described Nigeria as unworkable union, and advocated for parting of ways for every group to have peace.

In this interview with VINCENT KALU, the president of the Igbo socio-political organisation noted that the country is in a “near crash” state and stressed that other countries that had dissolved their union are now peaceful and experiencing development.

Are you not frightened by the state of insecurity in the country and its future?

I’m not alone; everybody is aware that with the situation, the future of the country is very bleak, if …

Nigeria, others, to attract $103b gas investment in 2019

Nigeria, others, to attract $103b gas investment in 2019

Nigeria, Egypt, South Africa, Mozambique, Senegal, and Mauritania have been identified as African countries that will spur investment in Liquefied Natural Gas (LNG) on the continent to about $103 billion this year.

Holding about 7.1 per cent of proven global gas reserves, a report yesterday, from the 5th Gas Summit in Malabo, Equatorial Guinea, said the continent will contribute nearly 10 per cent of global LNG production growth through to 2024.

It added that on the demand side, Africa’s large, urbanised and industrialised societies of the future would require reliable and sustainable power generation.Citing greenfield investments in Nigeria, Egypt, Mozambique, …

Nigeria may become failed state - Echefu

Nigeria may become failed state – Echefu

President, Congress for Non-Political Party Members (CNPM), Comrade John Mayor Echefu, has warned that if caution is not taken, Nigeria may be history, as every group is showing loyalty fatigue to the nation.

In this interview, he spoke on various national issues.

What is your view on the state of the nation?

Nigeria is in a slippery slope to something that is very disastrous to the corporate existence of this nation and we must do everything possible to avoid this from happening. It is sad, very sad.

The situation is so bad and we have never experienced what we are …

How 2 UK firms outsmarted Nigeria with Yar’Adua on sick bed

How 2 UK firms outsmarted Nigeria with Yar’Adua on sick bed

The several months late President Umaru Yar’Adua spent on the sick bed prior to his demise on May 5, 2010, paved the way for Process & Industrial Developments Limited (P&ID), a tiny natural gas company to hoodwink the federal government into allegedly signing a gas supply and processing agreement (GSPA) which may cost the country a whopping $9 billion following last week’s British Commercial Court ruling, THISDAY findings have shown.

If the judgment is executed and the aforementioned amount is to be paid, the UK firm might walk away with 20 per cent of Nigeria’s external reserves, which stood at …