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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Expect war in Rwanda, Amiesimaka tells Rivers

Nigerian football legend, Adokiye Amiesimaka, has warned Rivers United to be prepared for a stiff challenge when they face Rwandan club, Rayon Sports, in the second leg of the CAF Confederation Cup playoff tie. The Nigerian club eased to a 2-0 win in the first leg at the Yakubu Gowon Stadium, Port Harcourt on Sunday to put themselves in the box seat for qualification for the group stage of the competition. “First, I want to say congratulations to Rivers United FC of Nigeria for an encouraging performance (on Sunday),” Amiesimaka…

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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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AY Live: Celebrities, fans light up event

  Popular Comedian `AY`, real name Ayo Makun and his celebrity friends in the entertainment industry, thrilled their fans with a superlative performances in a live comedy show tagged `AY LIVE`. The News Agency of Nigeria (NAN) reports that, it was a pumped up night at the Eko Hotel and Suites, Lagos, venue of the staged show on Easter Sunday. From the biggest names in entertainment, corporate world to comedy and music lovers, all came to have a good Easter celebration time and party at the AYLIVE. The main venue,…

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