Local oil firms walking a tight rope

Indigenous firms are the worst-hit by myriads of challenges bedeviling the oil and gas industry. ADEOLA YUSUF reports on how many of them are running into bankruptcy     Aiteo, an indigenous oil firm, made the headlines penultimate week; basking in the euphoria of its new status as the biggest Nigerian- owned oil firm in terms of production, hitherto known by many as the petroleum product trading firm, it announced the production of the largest share of the 313,602 barrels per day output from indigenous companies. The firm’s management cannot…

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Oshonaike hails Oribamishe for YOG ticket

African table tennis queen Funke Oshonaike has hailed youngster Esther Oribamishe who won the African Continental Qualification tournament and booked a ticket to 2018 Youth Olympic Games. Despite missing out on participation at the 2017 ITTF African Junior and Cadet Championships, Oribamise was in terrific form at the continental qualification event as she beats Egypt’s Marwa Alhodaby in the final in Tunisia on Monday. Victory over Morocco’s Ines Outolla in the last four (11-4, 11-9, 11-7, 11-1) guaranteed a top two finish and the Olympic qualification in the Girls’ Singles…

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Ekiti increases maternity leave by 4 weeks

  The Ekiti State Government (EKSG) on Monday announced an increase in the maternity leave period for women in its public service from 12 weeks to 16 weeks. The Permanent Secretary in the State Ministry of Information, Youth and Sports Development, Mr. Kola Ajumobi, said this at a public enlightenment forum in Ado Ekiti, the state capital. He said that the gesture was approved by the state governor, Mr Ayodele  Fayose, as part of his display of love and special regard for the womenfolk in the state. He said it…

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Federation Elections: Guidelines split aspirants, administrators

Sports administrators and aspirants into the boards of the National Sports Federations are sharply divided over the guidelines released for the forthcoming elections. The guidelines emerged after a stakeholders’ meeting with sports minister, Solomon Dalung, on Thursday where June 9 was also picked as the date for the polls. The guideline stipulated that people who have served two terms as presidents cannot contest while those who are either presidents or vice presidents of international sports bodies are not eligible to contest for federation presidency. A former member of the Nigeria…

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New chair for Trustfund

The Acting Managing Director/ Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Mr. Ismail Mohammed Agaka, has been appointed as the chairman, Board of Directors of Trustfund Pensions Limited. Until his appointment as the acting managing director/ chief executive NSITF last February, he was the pioneer general manager, social security development department from September 2015. The new chairman obtained a Bachelor of Science degree in international studies from the Ahmadu Bello University, Zaria in 1983 and a diploma in social security financing from the International Training Centre of…

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