ExxonMobil has reaffirmed its long-term commitment to Nigeria’s oil and gas industry with plans to invest $1.5 billion, approximately 2.41 trillion Naira in deepwater exploration and development projects between the second quarter of 2025 and 2027. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed the development on its official social media channels yesterday night. READ ALSO: 10 essential rituals of Conclave for electing a new Pope The planned investment will focus primarily on revitalising production at the Usan deepwater oil field, with a Final Investment Decision (FID) expected in late Q3 2025, pending the approval of the Field Development Plan (FDP)…
Author: Friday Omosola
Vice President Kashim Shettima has underscored the critical role of secure and lawful data sharing in driving Africa’s development. Shettima, who spoke at the official opening of the Network of African Data Protection Authorities (NADPA) conference in Abuja yesterday highlighted the need for robust digital cooperation across the continent. The Nigerian Virtual Privacy Academy (NVPA) was also launched at the event where Shettima was represented by Deputy Chief of Staff Ibrahim Hadejia. READ ALSO: Shettima rallies global partners to boost Nigeria’s HCD He stressed that Africa’s future prosperity hinges on its ability to manage and share data responsibly. “Data goes beyond…
No fewer than 6,500 direct and indirect jobs are set to be created in Ewekoro Local Government Area of Ogun State as a $400 million hot rolled coiled steel factory is slated for establishment. The President of Inner Galaxy Group, Mr Li Shuang, disclosed this on Tuesday during a visit to the Governor Dapo Abiodun’s Office at Oke-Mosan, Abeokuta, where he led a delegation of key officials from the company. READ ALSO: Tinubu to launch world’s largest cotton factory in Ogun Mr Li stated that the factory is expected to commence operations in April 2026. He noted that Inner Galaxy Group,…
The Lagos State Government has revealed that food transactions worth over N3 billion have been recorded at the Mid-Level Agro Produce Hub in Idi-Oro, Mushin, since its launch in December 2023. Commissioner for Agriculture and Food Systems, Abisola Olusanya, disclosed this on Tuesday during the ongoing 2025 Ministerial Press Briefing held at the Bagauda Kaltho Press Centre, Alausa, to mark Governor Babajide Sanwo-Olu’s sixth year in office. Olusanya said the hub, commissioned on 17 December 2023, commenced operations with the sale of farm-fresh agro-produce every Wednesday and Saturday. READ ALSO: Uber, Indrive, Bolt drivers, others threaten to shut down operations in…
The Speaker of the Edo State House of Assembly (EDHA), Blessing Agbebaku, has defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), leading 17 local government chairmen, numerous councillors, and several notable PDP members in the move. Governor Monday Okpebholo’s Chief Press Secretary, Fred Itua, confirmed the development in an official statement on Tuesday. Agbebaku said the decision aimed to align with Okpebholo’s vision to accelerate development across the state. Receiving the defectors on behalf of APC National Chairman, Abdullahi Ganduje, the party’s National Secretary, Ajibola Bashiru, welcomed them and assured of equal opportunities within the…
The 2023 presidential candidate of the Labour Party, LP, Peter Obi, has raised alarm over the declining state of Nigeria’s education and the worsening poverty levels across the country. Obi, in a statement, called for urgent and strategic investment in critical sectors. He described the recently released results from the Joint Admissions and Matriculation Board (JAMB) as ‘shocking’ and a clear indicator of systemic failure in the country’s educational sector. READ ALSO: ‘Stop de-marketing Nigeria’ – Sowunmi to Obi The New Daily Prime reported that JAMB disclosed that over 1.5 million out of the 1,955,069 candidates who sat for the 2025…
TWENTY-TWO members of the Delta State House of Assembly, including the Speaker, Rt. Hon. Emomotimi Guwor, have formally defected from the Peoples Democratic Party, PDP, to the All Progressives Congress, APC. They defected during Tuesday’s plenary. READ ALSO: Akwa Ibom gov Umo Eno confirms plans to leave PDP, hints at joining APC Guwor, who announced the defection, disclosed that he had received 22 letters, including his notification of change of membership from the PDP to APC by members of the PDP in the House. The Speaker said the defection was hinged on the instability of the national leadership of the PDP…
Lagos State Governor, Babajide Sanwo-Olu, has called on legal professionals and civil society groups across West Africa to intensify efforts toward building a more inclusive justice system that guarantees equal access for all, regardless of background or status. Delivering the keynote address at the opening of a two-day sensitisation mission organised by the ECOWAS Court of Justice in Lagos, Sanwo-Olu challenged the Economic Community of West African States (ECOWAS) to lead by example in the administration of justice and the protection of human rights across the sub-region. The event, which opened at Eko Hotels and Suites, Victoria Island, brought together…
President Bola Tinubu on Monday, announced a sweeping ban on the procurement of foreign goods and services by government ministries, departments, and agencies (MDAs). Tinubu placed the ban as he unveiled a bold new ‘Nigeria First Policy’ during the Federal Executive Council (FEC) meeting in Abuja. The policy, according to the President, signals the start of a new era centred on local content, economic nationalism, and industrial revitalisation. He declared that the federal government would now prioritise Nigerian-made goods and homegrown solutions in all public procurement processes. READ ALSO: Tinubu to meet GenCos over N4trn power sector debt “This policy beckons…
Since the arrest and detention of activist and social media commentator Martins Otse, known as VeryDarkMan (VDM), by the Economic and Financial Crimes Commission (EFCC), several prominent Nigerians, civil society, and others have demanded his release. Joining voices with notable figures such as former Labour Party presidential candidate Peter Obi, former Vice President Atiku Abubakar, and others, Amnesty International condemned VDM’s continued detention. READ ALSO: Amnesty International demands probe into Natasha’s allegations against Akpabio Calling for his immediate release, the organisation described the EFCC’s actions as a flagrant abuse of power. In a statement, the global human rights organisation labelled VDM’s…