Okowa Congratulates SNEPCO’s First Female MD, Elohor Aiboni

ASABA/Nigeria: Governor Ifeanyi Okowa of Delta has congratulated Mrs Elohor Aiboni on her appointment as the first female Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCO). Okowa, in a statement by his Chief Press Secretary, Mr Olisa Ifeajika, in Asaba, described Mrs Aiboni as an illustrious daughter of Delta, who by her industry has brought honour and glory to the state. He said that Delta was proud of her sterling accomplishments, especially as the first female to lead the Shell exploration company in more than six decades…

Strong Supportive Voices For Biotechnology Crucial For Technology Uptake In Africa

ABUJA/Nigeria: Complimenting conventional Breeding with Biotech Key for Maximum Results Strong supportive voices for agricultural biotechnology are crucial for the effective deployment and utilisation of biotechnology for improved crop productivity in Africa. Further, more emphasis should be placed on farmer benefits and consumer preferences if biotechnology is to make impact. This was said by Dr. Emmanuel Okogbenin, Director of Programme Development and Commercialisation at AATF during the 23rd virtual annual meeting of China Association of Science and Technology (CAST). Dr. Okogbenin also noted that good policies and governance are required…

Chinese Embassy Supports Automobile Industry In Nigeria, Takes Delivery Of GAC Brand

ABUJA/Nigeria: The Chinese Ambassador to Nigeria, His Excellency, Mr. Cui Jianchun has said that Nigeria has potentials of growing the automobile industry, exporting to other countries in the process. According to a statement signed by the  Executive Assistant to GM Commercial CIG Motors, Adaugo Okoroji he expressed this on July 9, 2021, when receiving delivery of  a  diplomatic fleet from GAC Motors  in the Nigerian capital Abuja. “This remarkable development will place Nigeria on an industrial landmark to other African countries both in economic advancement as well as strengthened diplomatic…

Oborevwori Excited Over Re-Opening Of Osubi Airport

EFFURUN/Nigeria: The Speaker of the Delta State House of Assembly, Rt Hon Sheriff Oborevwori has expressed happiness over the re-opening of the Osubi Airport in Okpe local government area of the state. In his remarks on Friday, July 9th, 2021, at the re-opening ceremony of the Airport shut down February, 2020, the Speaker described the day as one of his happiest days. Rt Hon Oborevwori who represents Okpe state Constituency in the State House of Assembly said that; “Today is one of my happiest days and indeed a great pleasure…

Niger Delta Leaders List Gains of PIB

PORT HARCOURT/Nigeria: Niger Delta leaders on Friday highlighted the gains of Petroleum Industry Bill (PIB), declaring the passage by the 9th Nigeria National Assembly as a pointer to Nigeria’s path to greatness and development. ‘’It is another benchmark for ensuring transparency and accountability in the oil and gas industry. We see a country on the point of incredible achievement and advancement’’ the leaders said. In a statement in Port Harcourt, the leaders described the passage of the complete version of the Petroleum Industry Bill as another landmark of President Muhammadu…

The Benefits of the Passing of Nigeria’s PIB Will Be Top of the Agenda at African Energy Week 2021

JOHANNESBURG/South Africa:  The Nigerian Senate has officially passed the long-awaited Petroleum Industry Bill (PIB) on Thursday the 1st of July 2021, after deliberation and input by both the executive and legislative arms of government. Having been revised on many occasions throughout the past thirteen years since it was first presented to the National Assembly in 2008, the PIB comprises a combination of 16 Nigerian petroleum laws that outline the framework to boost oil and gas output while enhancing the sectors attractiveness for international investment. By ensuring an enabling environment for…

AfCFTA: Gov Says Delta Ready To Collaborate With FG

ASABA/Nigeria: Delta Governor, Sen. Dr Ifeanyi Okowa, on Tuesday assured that his administration would partner the Federal Government towards domesticating the African Continental Free Trade Area (AfCFTA) agreement. He gave the assurance in a meeting with a Federal Government Trade delegation led by the Minister for Industry, Trade and Investment, Mr Niyi Adebayo, in Asaba. He urged the Federal Government to quickly address the issues of high cost of fund and poor power supply in the country. He pointed out that there were bottlenecks associated with export trading and urged…

Delta’s Economy Grows By 51% In 6 years As Non-oil Sector Boosts GDP

ASABA/Nigeria: The size of Delta State’s economy has risen by 51 percent in four years with the Gross Domestic Product (GDP) hitting N4.471 trillion in 2019, from N2.961 trillion in 2015, with crude oil and gas playing lesser role in driving economic growth. From N1.221 trillion in 2015, representing 50.34 percent of the state’s GDP, the oil and gas sector’s component dropped to 47.11 percent in 2019 even though the actual figure increased to N2.115 trillion. The period saw a corresponding lift in the fortunes of the non-oil sector which…

Delta Flags Off Distribution Of Oil Palm Seedlings

EJEME-UNOR/Nigeria: As part of efforts to revamp oil palm production and boost agricultural yields, the Delta State has flagged off the distribution of improved oil palm seedlings and other farm inputs to farmers in the state. Flagging off the exercise at Ejeme-Unor in Aniocha South Local Government Area of the state said that the initiative was to boost oil palm production and bring Delta State to its prime position as a leader in the industry. The Government represented by the Head of Service (HOS), Mr. Reginald Bayoko stated that the scheme…

Expert Advises On Successful Forex Trading

ASABA/Nigeria: The Chief Executive Officer of CD-FX Gold Investment Limited, Mr Favourmartins Nakey said there is very big risk in forex business and that it is highly volatile. He disclosed this yesterday in a chat with newsmen at his office in Asaba. Nakey said forex business is meant for only those that could stand any shock in business, adding that it is not meant for babies because according to him, it is not a tea party. He said it is easy to make loss in forex business and equally easy…