Business Archives - Page 25 of 46

Mar

05

2024

Oyo Government Issues Ultimatum to Roadside Traders

Business, Metro, NewsBusiness, Next Level, Oyo state

Governor Makinde of Oyo State has issued a stern ultimatum to roadside traders, directing them to vacate their illegally erected kiosks, containers, shanties, and other structures within seven days or face sanctions. The directive, aimed at addressing unwarranted obstruction of road traffic, was announced by Commissioner for Environment and Natural Resources Abdulmojeed Mogbonjubola during an inspection tour of the Ojoo area in Ibadan. Mogbonjubola emphasized that the presence of illegal occupants on the roadsides was causing significant disruption to traffic flow. He cited violations of the state's Environmental Sanitation Regulation of 2013 and labeled their operations as an environmental nuisance.…

Mar

05

2024

By David Okoye

Nigeria’s Role in Combating Illegal Wildlife Trade

Business, Lifestyle, Metro, NewsAfrica, Metro, Nigeria

Nigeria serves as a key transit hub and consolidation point for illegal trade in wildlife and forest products, particularly pangolin, ivory, and rosewood. The National Park Service (NPS) stresses the urgency of wildlife conservation efforts to combat this illicit trade threatening various species. Highlighting the importance of wildlife to humanity's existence, Ibrahim Goni, the conservator-general, emphasizes the need to preserve biodiversity, especially endangered animals and plants, from extinction. As the 2024 Wildlife Day underscores the imperative of conservation, Goni urges concerted action to safeguard Nigeria's natural heritage. With optimism for the future, Goni looks to young students as potential future…

Mar

04

2024

By David Okoye

Nigerian Navy Destroys Illegal Refineries and Seizes Stolen Crude Oil in Bayelsa

Business, Economy, Metro, NewsBusiness, Economy, Metro, Navy

The Nigerian Navy Forward Operating Base in Brass, Bayelsa, has conducted a successful operation targeting illegal refinery sites and seized stolen crude oil as part of the ongoing Nigerian Navy Operation Delta Sanity. Commanding Officer Capt. Murtala Aminu Rogo announced the destruction of three illegal refinery sites and a wooden boat, along with the confiscation of 160,000 liters of suspected stolen crude oil. The operation, aimed at combating illegal oil theft and bunkering in the Niger-Delta region, resulted in the interception and destruction of illegal activities following patrols conducted by Navy personnel along the Brass River and Akassa general area.…

Mar

02

2024

By Amos Oge Kalu

Investors are already drawn to Aba’s steady power.

Business, Economy, Metro, NewsAba, Abia State, Economy, Metro

Barely 24 hours after Geometric Power turned on consistent power in the economic hub of Abia State, investors have started to flow into Aba. Taiwanese directors of Maxxis Tyres reportedly paid traditional rulers in Ukanku Community, Ukwa East LGA, Abia State, a visit to look at the area where they aim to establish a large-scale tyre manufacturing facility. According to the now-viral post on social media, the production range will comprise tyres for cars, light trucks, ATVs, motorcycles, tricycles, trailers, and more. Taiwan-based Cheng Shin Rubber Industry Co. owns the Maxxis Tyres brand. It began as a manufacturer of bicycle…

Feb

28

2024

By Amos Oge Kalu

ABIA: New Opportunities Birthed As Shettima inaugurates the 188MW geometric power plant in Aba

Abia State, Amos Oge Kalu, Business, Economy, Metro, News, Opinion, SponsoredAba, Abia State, Emeka Kalu, Metro

After Vice-President Kashim Shettima inaugurated the 188-megawatt geometric power plant in Aba, Abia state, to boost power supply to the region's industrial areas, it is clear that Abia State, especially Aba is ready to retake her place as the Japan of Africa in area of production and commerce. Reacting to this latest development in God's Own State, the president and CEO of ECK Foundation, Chief Dr. Emeka Kalu, described the project as a giant stride in the entire Southeast, urging other states to replicate the feat so that the region will solve the problem of power supply and create new…