chunwaizeyn:
Honestly those allegations were laughable at best. Flight manual location and iPad mount? This should not have even made it to the news.

Poisonousman:
The 210,000-barrel-per-day Port-Harcourt refinery may finally commence operations by the end of July after several postponements.

The new date was disclosed on Monday by the National Public Relations Officer, Independent Marketers Association of Nigeria, Chief Ukadike Chinedu.

He stated that the development would stimulate economic activities, reduce the price of petroleum products and ensure adequate supply.

Last year in December, the Minister of State for Petroleum Resources, Heineken Lokpobiri, announced the mechanical completion and flare start-off of the biggest crude refinery in Port Harcourt.

The refineries comprise two units, with the old plant having a refined capacity of 60,000 barrels per day and the new plant has 150,000 BPD.

The refinery shut down in March 2019 for the first phase of repair works after the government secured the service of a technical adviser of Itay’s Maire Tecnimont to handle the reviews of the refinery complex, with oil major Eni appointed technical adviser.

On March 15, 2024, it was reported that the Group Chief Executive Officer of NNPC Limited, Mele Kyari, stated that the Port Harcourt refinery would commence operations in about two weeks.


https://punchng.com/port-harcourt-refinery-begins-operation-july/

CilicMarin:


Define shamelessness again?

ToteJesus:
Approval is irrelevant, anybody can approve anything. It is who executed it that matters.

6) Execution 96% as May 2023, please. We hope this suffices you.

yarimo:
UK immigrations are still waiting patiently for OBI to mistakingly enter UK

CilicMarin:
What happened to Church arise and take over the country?

What would Bishop Oeyedepo do now?

Is Peter Obi now radicalised?

This is what desperation can do to a man.

Elzazzi:


Lol if you think Tinubu will lose 2027 presidential election then you must be joking lol. I don’t like Tinubu and I wished he didn’t get to the sit of power in 2023.

But a man like Tinubu that outmaneuvered Buhari and his cabals and even brazenly rigged the election when he wasn’t on sit, will never relinquish power now that he has all the state apparatus and machinery under his control. You will the mother of all rigging in 2027.

eweqwatr:
If Nigeria president supporters stole balot boxes and were attacking and physically harming innocent voters in Lagos to win election.. then how will any sane investor bring such huge investment to Nigeria?

You think investors are blind? they know what is happening in Nigeria and will rather invest were there's reasonable peace at least.

highchief1:
but u are a strong carrying member of uniben girls

Life2ways:
3 and half cups of Garri for N1000?

I think at this point dying is the best option. Even people that are up to 85 years old have said this kind of hardship never happened in Nigeria before.

Who did I offend in this country? I didn't vote for Tinubu but look at what I'm suffering today.

I don't think I can bear this any longer. After all i saw a video of Buba Galadima telling hungry Nigerians who cannot cope with Tinubu goverment to "die. I think he was referring to me.

Someone that is still looking for a job? How do you want me to survive in this?

Honestly I'm tired.

Almaigaa:


For Edo na Monday we go vote for. Weather he pass WAEC or not. Obaseki wey pass WAEC na weting he do for Edo State since he became Governor eight years ago?

Akpakomiza2:


No,apc is getting stronger sir.edo APC has a lot of camps but all of them are eagerly working for okpebholo. can you say same for pdp? Why can't you learn from obi's defeat? Why are you so emotional

Akpakomiza2:


Yes as pdp will meet more calamities

seanfer:


After the Presidential election, which party in Edo have lost more members between APC, PDP and LP.. Which party have gained more members between the 3 parties.
Emotions don't work in politics.

Akpakomiza2:


Almost all sir

Akpakomiza2:


It hasn't,the dynamics and factors are the same

seanfer:

So you think a party that won 2 Senate seats out of 3.
Won the almost half of all House of reps seats in the state during 2023 will not win the upcoming election.
Remember APC won all those without this defections.
I can't understand your political analysis, except you're letting emotions override your analyst.

The Central Bank of Nigeria (CBN) has officially withdrawn the directive earlier given to banks to enact the process of deduction of cyber security levy to be administered by the office of the National Security Adviser (NSA).

This was disclosed in a circular to different categories of banks on Sunday evening, mobile money operators, payment service providers and others signed by the apex bank’s Director of payments system management, Chibuzor Efobi and Director of financial policy and regulation, Haruna .B. Mustafa.

According to the statement, “the circular on deduction and collection of the cyber security levy is hereby withdrawn.”

The apex bank had in line with the enactment of the 2024 cyber crime (prohibition, prevention etc) amendment Act of 2024 which provides for a 0.5percent deduction of the value of all electronic transactions to the National Cyber Security Fund which would be administered by the office of the NSA

Recall that aside from general condemnation of the directive, members of the House of Representatives had asked the CBN to withdraw the circular directing financial institutions to commence implementation of the 0.5 per cent cybersecurity levy, describing it as “ambiguous”

The development was in response to a motion on the urgent need to halt and modify the implementation of the cybersecurity levy, moved by honourable Kingsley Chinda.

According to the GreenHouse, the CBN is to withdraw the initial circular, and “issue a more understandable one”.

Honourable Chinda had drawn the attention of the House to multiple interpretations of the CBN directive against the specifications in the Cybersecurity Act.

The House then expressed worry that the Act would be implemented in error if immediate steps were not taken, to address the concerns around the interpretation of the CBN directive and the Cybersecurity Act.

The CBN on the 6th of May, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers, to implement a new cybersecurity levy, following the provisions laid out in the Cybercrime (Prohibition, Prevention, etc.) Amendment Act 2024 (“the Act”).

According to the Act, a levy amounting to 0.5 per cent of the value of all electronic transactions, will be collected and remitted to the National Cybersecurity Fund (NCF), overseen by the Office of the National Security Adviser.

Financial institutions were required to apply the levy at the point of electronic transfer origination. The deducted amount was to be explicitly noted in customer accounts under the descriptor “Cybersecurity Levy” and remitted by the financial institution.

According to Andersen Global, the introduction of the new levy has elicited mixed reactions from stakeholders as it will inevitably increase the cost of doing business in Nigeria and may impact the growth in adoption of digital transactions. While the government continues its drive to increase revenue, the introduction of this additional levy may appear ill-timed considering the current economic climate vis-a-vis the government’s commitment to the National Tax Policy of 2017 to reduce the number of taxes in Nigeria.

Financial institutions and payment service providers will also need to adjust their financial and operational strategies to accommodate and account for the new levy to ensure they remain compliant while managing additional costs of compliance. More so, business owners who rely heavily on digital transactions for receiving payment may see an increase in operational costs due to considerations on adjustments in pricing and cost transfer. It is therefore important for stakeholders and businesses to analyse the financial impacts of this directive on their cash flow.

Akpakomiza2:


Forget about Edo.obi as a person supports Akpata

Akpakomiza2:


You behave like one.you support obi and lp staunchly so remain with anything Lp

helinues:
We need actions not repeated of same lyrics

oz4real83:
They used to tell us inflation rate will reduce when Dangote and Port Harcourt refineries start working, that excuse has expired, it is now when we start using CNG buses, how many CNG buses do we have in Nigeria?. The number of CNG buses we have is less than 1% of the total automobiles we have in Nigeria

Akpakomiza2:


Who analysed it for pdp? Why not support your own labour party? Even the analysis conducted by obaseki shows APC winning

Akpakomiza2:



Upon all your years in this section,you still can't analyse elections? Na wao

CilicMarin:
This man is really shameless.