Shaka Braimah

PH refinery sucks $1.5bn without producing oil

So much of Nigeria’s resources have been wasted under elaborate maintenance that leaves the refineries poorer than they were and their managers richer than they should have been. Originally scheduled for completion in 2019, the refurbishment and upgrade of the Port Harcourt Refinery, located in Nigeria’s oil-rich Niger Delta region, have remained at the promised…

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CBN sacks NIRSAL executive directors

The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). This decision, approved by CBN Governor Olayemi Cardoso on Friday, represents the latest in a series of staff reductions at the apex bank since his appointment last year. The executive…

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Lagos to host summit on urban development

The Lagos State Government has announced plans to convey a stakeholders summit to address challenges of physical planning in the state. The Deputy Director, Public Affairs, Ministry of Urban and Physical Planning, Mukaila Sanusi, in a statement issued on Saturday, said the summit will afford stakeholders the opportunities to engage the government in areas of sustainable…

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UI closed over tuition hike protest

Following the protest held by students of the University of Ibadan, Oyo State, on Friday, over the hike in tuition fees by the institution’s Governing Council, the management of the institution has directed all students to vacate the campus by 2 pm on Saturday. students of the institution staged a peaceful protest over tuition hikes…

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