
Nigeria serves as a hub for oil and gas exploration, production and services in the West African Gulf of Guinea region. The establishment of the Joint Development Authority (JDA) to manage oil and gas resources in the joint development zone between Nigeria and Sao Tome and Principe offers tremendous investment opportunities. Since the first deep-water [...]
February 22, 2012 | Posted in
Business,
Oil & Energy |
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The Executive Chairman of Obio/Akpor Local government council of Rivers State, Prince Timothy Nsirim, has presented an Appropriation Bill of N6,079,999,901.47 to the local government’s Legislative Assembly for the year 2012, assuring that his administration is poised to fast-track infrastructural and human development in the local government. Nsirim, who presented the Appropriation Bill tagged, ‘Budget [...]
February 21, 2012 | Posted in
Business |
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Rivers State Governor, Rt. Hon. Chibuike Amaechi says, he is a fulfilled man in the area of infrastructural development in Ikwerre Local Government (KELGA and other parts of the state. Amaechi stated this last Sunday during the thanksgiving service organised in honour of three KELGA sons in politics, are Hon. Azubuike Wanjoku of the State [...]
February 21, 2012 | Posted in
Business |
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The Raw Materials Research and Development Council (RMRDC) is to collaborate with Partnership Initiatives in the Niger Delta (PIND), an NGO, to inject technology in the processing of palmoil, cassava and aquaculture in the Delta region. Prof Peter Onwualu, the Director-General of the council, said this yesterday in Abuja, when a PIND delegation led by [...]
February 21, 2012 | Posted in
Business |
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It has been revealed that demand for distressed property is on the increase in more countries than it used to be known. According to latest Global Distress Property Monitor results from the Royal Institution of Chartered Surveyors (RICS) published recently and male available to The Tide in Port Harcourt, Interest in distressed assets increased during [...]
February 21, 2012 | Posted in
Business |
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Transport operators in Mile Three Motor Park have decried the influx of traders into the park, such that it has made it difficult for drivers to have space to park their vehicles and load passengers. To this end, some transport union executives have started moves to dislodge traders whose entrance to the park was through [...]
February 21, 2012 | Posted in
Business |
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As reactions trail the recent order by the Acting Inspector General of Police, Alhaji Mahammed Abubakar on the dismantling of all police road blocks across the country, a stakeholder in road transport business, Mr. Jide Fashakin said the order is a welcomed development, but an alternative measure should be put in place to curb armed [...]
February 21, 2012 | Posted in
Transport |
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To ensure free flow of traffic along Trans-Amadi Industrial Layout, Port Harcourt, the contracting firm handling the drainage project, fieldwork Nig Ltd, has been charged to dispose off the debris arising from the excavation work daily at the site. The Commissioner for Works, Rivers State, Hon. Victor Giadon, who gave the charge during an unscheduled [...]
February 21, 2012 | Posted in
Transport |
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Three persons died at about midnight last Saturday when a petroleum truck exploded at Mile 2, near Festac Town, in Lagos. Our correspondent reports that the fire, which followed the explosion, injured many people and burnt 39 vehicles, including a number of commercial buses. The spokesman for the Lagos State Police Command, Jaiyeoba Joseph, who [...]
February 21, 2012 | Posted in
Transport |
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Rivers State Government is to sponsor indigenes of the State to study a one-year maritime course in India. The Commissioner for Employment Generation and Empowerment, Hon. Ipalibo Harry who disclosed this in Port Harcourt, charged the beneficiaries made up of 29 males and one female to be good ambassadors of Nigeria and compete [...]
February 21, 2012 | Posted in
Transport |
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