Following Atiku Abubakar’s call out on NNPCL, the state-owned oil corporation has responded with some explanations on the OVH acquisition. The Nigerian National Petroleum Company Limited (NNPCL) has issued a statement addressing the allegations made against it former vice president, Atiku Abubakar, on the OVH acquisition. Earlier in the week, Atiku had issued a press release signed by his media adviser Paul Ibe. In the statement he had lamented the alleged criminal hijacking of the...
Fiscal irresponsibility now appears to be a regular occurrence in Nigeria with holders of public offices, especially members of the National Assembly (NASS) being indiscriminate in the allocation and usage of tax payers’ funds. This is matter has become one of urgent national importance. Over the last few months, there has been a series of accusations against holders of public offices as regards financial management and display of fiscal irresponsibility in their various offices. Instances...
Former Vice President, Atiku Abubakar, has expressed grave concerns on the ongoing probe of the NNPCL, stating that President Tinubu’s allies in the NASS will likely distort the investigation. The presidential candidate for the Peoples Democratic Party (PDP) in the 2023 general elections, Atiku Abubakar, has dismissed the ongoing probe of the Nigerian National Petroleum Company Limited (NNPCL) by the national assembly, saying the exercise will be fraught with inconsistencies. He made this known in...
Nigeria’s growing debt burden has been a subject of concern and a ticking time bomb for generations unborn. The situation calls for urgent redress  The national debt refers to the total amount of money that the government of Nigeria owes its domestic and external creditors. It can be further divided into two: public debts and government accounts debt. Public debt is the total amount of money owed by the government at all levels to various...
The African Centre for Media & Information Literacy (AFRICMIL) has decried the manhandling of journalists and other protesters by the police during the #EndBadGovernance protests across the country. The African Centre for Media & Information Literacy (AFRICMIL) has condemned the manhandling of journalists and other citizens during the nationwide protests against bad governance. A statement signed by the group’s coordinator, Chido Onumah, condemned the nefarious attacks stating that it is an infringement on citizens’ rights....
A move by representatives to donate 50% of their salaries in response to the nationwide protest appears to be no more than window dressing Members of the House of Representatives have announced a 50% cut off their salaries for the next 6 months. This decision comes as immediate response to the nationwide hunger protest. It also comes just in the nick of time as inflation and cost of living are on a sharp rise leaving...
The bank windfall tax introduced by an amendment of the finance act 2023 is eliciting reactions in the country. But while the government jubiliates and the banks hesitate, what does the development portend for the economy as a whole? The bank windfall tax, a revenue expansion drive by the Nigerian Government, has been the subject of many conversations across the country. Coming on the wake of the huge profits recorded by financial institutions in...
Dangote Refinery, a subsidiary of the Dangote Group, has been on an iconic journey since its conception in 2013. Here is a run through of its progression, successes and challenges over the years. Dangote Refinery, the largest single-train refinery in the world, owned by Dangote Group, was inaugurated on the 22nd of May 2023 in Lagos, Nigeria. At full operation, it is expected to have the capacity to process about 650,000 barrels of crude oil...
Iseyin/Itesiwaju/Kajola/Iwajowa federal constituency is located within the Oke-Ogun region of Oyo State and falls within the jurisdiction of two lawmakers in the Nigerian federal parliament. This piece addresses the importance of these lawmakers combining efforts to fly the flag of the constituency on the floor of the 10th National Assembly. Iseyin/Itesiwaju/Kajola/Iwajowa is one of 14 federal constituencies in Oyo State, and it is being represented at the House of Representatives by the Rep. Oyeshina Namjimdeen Oyedeji...
The federal government has reached an agreement with the labour unions to pay N70,000 as the new minimum wage for Nigerian workers The Federal Government has finally reached a consensus with the leaders of organised labour on the new minimum wage. The wage was pegged at N70,000 after much deliberation and months of recurring warning strikes. How it all began… The current minimum wage of N30,000 wage has been in existence since 2019 and there...
Please email us - contents@orderpaper.ng - if you need this content for legitimate research purposes. Please check our privacy policy
