Category: Business News

Communities in the Niger Delta have insisted that international oil companies (IOCs) must relocate their headquarters to the region given the magnitude of their projects and the environmental challenges their operations pose to the people. The leaders of the communities, who spoke to The Guardian on Monday, maintained that it was only fair and logical…

By Energy Worth The Edo State Government has warned owners of illegal structures under and within the statutory right of way of the Transmission Company of Nigeria (TCN) in the state to remove such structures, as the government intends to enforce appropriate sanctions against defaulters. In a statement signed by the Commissioner for Physical Planning…

The African Real Estate & Infrastructure Summit (AREI) has announced that leading women in the real estate development have been selected as speakers for this years’ event that will hold between 11 and 12 October, 2018 at Sandton, South Africa. The agenda of the summit will focus on various built development to improve the future…

A large number of residents of Ugborodo community in the Warri South Local Government Area of Delta State have protested against a contractor of Chevron Corporation, Jad Catering Service, for reneging on terms of agreement and demanded that the contractor be replaced. The protesters stormed the Chevron Corporation headquarters in Lekki, Lagos State, on Tuesday….

A group, Gbo Kabaari Ogoni, which has Ledum Mitee and 10 others as members, has called on Vice President Yemi Osinbajo to prevail on the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to discontinue any act that may hinder Federal Government’s plan to clean up Ogoniland. Gbo Kabaari Ogoni, which means Elders’ Forum…

Barely 24hours after the fire accident on Abeokuta Street in the Kaduna North Local Government Area, Kaduna State, a building was gutted by fire in the late hours of Saturday, according to The Punch newspaper. The house, located on Rafiu Close, near River Kaduna, in the Southern Kaduna metropolis, has a warehouse own by Foodview…

By Energy Worth   Nigerian National Petroleum Corporation (NNPC) has dismissed rumours of an approved N36 billion compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host to the Port Harcourt Refining Company, a subsidiary of the corporation. The corporation’s Group General Manager, Group Public Affairs Division, Mr Ndu…

The Movement for the Survival of the Ogoni People (MOSOP) has canvassed a review of the revenue allocation formula and state control of their resources. The MOSOP President, Legborsi Saro Pyagbara, made the call in Port Harcourt on Thursday. The Movement for the Survival of Ogoni People (MOSOP) has urged President Muhammadu Buhari to rise…

By Energy Worth In its bid to positively improve the socio economic situation of host communities, Chevron Nigeria Limited (CNL) has launched the Discovery Learning Alliance (DLA) centre in Delta state. About 13,128 pupils and 789 teachers are to benefit from the scheme. Speaking during the handover ceremony of the DLA learning centre initiative in…

Energy Worth with Agency Report A Court in London will deliver judgment on Friday, in a case filed by lawyers for the Bodo community in Nigeria’s oil-producing Niger Delta. The lawyers, went to court in London to fend off what they said was an attempt by Shell to kill off their litigation. The community was…