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Nigeria Can Earn $20bn From Oil Palm Production, Says Obaseki

Nigeria Can Earn $20bn From Oil Palm Production, Says Obaseki       The Edo State Governor, Godwin Obaseki, has reiterated the need for Nigeria to diversify its economy from crude oil, noting that the nation can earn $20bn yearly from the cultivation and production of oil palm. Obaseki,...

Nigeria’s Production Faces Setbacks As Oil Price Tumbles To $68

Nigeria’s Production Faces Setbacks As Oil Price Tumbles To $68       The international oil benchmark, Brent crude, extended its losses on Monday, falling below the $70 per barrel mark to its lowest level since May. The further decline in the price of Brent followed the imposition of...

Nigeria, Others Lose $2bn Annually To Illegal Sea Activities

Nigeria, Others Lose $2bn Annually To Illegal Sea Activities       The United States (U.S) Consul-General, Claire Pierangelo, has said West Africa loses about 800,000 tons of fish a year, worth almost $2 billion in gross revenue, to illegal activities by both foreign and domestic vessels. Pierangelo stated...

Debt Servicing Consuming Nigeria’s Revenues – LCCI

Debt Servicing Consuming Nigeria’s Revenues - LCCI     The Lagos Chamber of Commerce and Industry has advised the Federal and State Governments to liberalise the infrastructure sector by breaking government monopoly and securitize corporate assets via public offerings to attract investment. According to an official statement released...

Still On The LGBT Matter, by Caroline Ogwuche

Still On The LGBT Matter, by Caroline Ogwuche     Lesbian, gay, bisexual, and transgender (LGBT) persons in Nigeria face legal and social challenges not experienced by non-LGBT residents. The country does not allow or recognise LGBT rights hence few LGBT persons are open about their orientation...

Adopting Electronic System of Verifying Military Pensioners in Nigeria, by Saburi Abayomi Lawal

Adopting Electronic System of Verifying Military Pensioners in Nigeria, by Saburi Abayomi Lawal   INTRODUCTION 1. The Military Pensions Board (MPB) is statutorily charged with the administration and payment of gratuities and pensions of military retirees as well as payment of death benefits to Next-of-Kins (NOKs) of...