Economy

Economy

Tompolo’s security operatives discover more illegal pipelines in Delta

Tompolo’s security operatives discover more illegal pipelines in Delta

Federal Government’s privately contracted oil pipeline surveillance team, Tantita Security Services Nigeria Limited, led by Government Ekpemupolo popularly known as Tompolo, has reportedly discovered more massive illegal crude oil pipelines attached to Trans Forcados Export Trunkline. The latest discoveries, sources said, were coming days after operatives of Tantita Security Services uncovered an illegal 4-kilometre pipeline connected from the Trans Escravos line into the sea. With the latest discoveries, Tantita Security Services operatives have so far uncovered more than 58 illegal tapping points used by crude oil bunkers on the nation’s oil pipelines in two States of Delta and Bayelsa. It…
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Subsidy: Sanusi expresses pity for next Nigerian President

Subsidy: Sanusi expresses pity for next Nigerian President

The deposed Emir of Kano and vice chairman, of Kaduna Investment Promotion Agency, Lamido Sanusi, has expressed his compassion for the next president that will succeed the President, Major General Muhammadu Buhari (retd), due to the perceived depleted state of the economy. Sanusi, who is also the current Khalifah, Tijaniyat Movement of Nigeria, said this in Kaduna on Saturday while addressing notable politicians at a Kaduna Investment programme titled, “Building a resilient economy”. The 14th Emir said Nigeria’s economy has been tied to the oil and gas sector and subsidy removal is fast mitigating the economy’s growth. “Nigeria has continued…
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Change doesn’t just happen, it is wrought by those with belief – Ukpai Iro Ukpai

Change doesn’t just happen, it is wrought by those with belief – Ukpai Iro Ukpai

The clarion call for positive change in Abia State has continued to gain momentum over time as the state is desirous of, like every other state of the nation, to be on the good trajectory of commensurate development that will improve the lives of her citizenry at a time the struggle for survival within meager and dwindling resources of the nation is a stack reality. Yet this may not be possible without the right attitude toward a practical approach to the problems of the state. "Everyone thinks of changing the world, but no one thinks of changing himself.' - Leo…
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FG approves construction of Lekki-Epe Airport

FG approves construction of Lekki-Epe Airport

The Federal Government has approved the construction of the Lekki International Airport in the Lekki-Epe area of Lagos State. The Lagos State Government said it would begin the construction of a new airport in the Lekki-Epe area of the state in 2023. The Minister of Aviation, Hadi Sirika, presented the approval for the new airport to the Lagos State Governor, Babajide Sanwo-Olu, on behalf of the Federal Government at the Lagos Economic Summit 2022, held at Eko Hotel and Suites, Lagos. The Senior Special Assistant to the Lagos State Governor on New Media, Jubril Gawat, disclosed this in a tweet.…
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2023: Tinubu tags PDP, party of “termites”, can never return to power

2023: Tinubu tags PDP, party of “termites”, can never return to power

The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has claimed the Peoples Democratic Party (PDP) can never return to power. Tinubu stated this on Monday while speaking at the inauguration of the APC women’s campaign council in Abuja. The former Governor of Lagos described the PDP as a party of “termites”. The APC presidential candidate also said the PDP would not be able to take power, owing to their rudderless leadership. “Our opponents spent 16 years, they had forgotten that the highway is an economy, electricity is mandatory for industrialization. They don’t understand the transmission lines…
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