• About
  • Contact
  • Advertise
Friday, October 23, 2026
No Result
View All Result
Worldstage News
  • Home
  • NIGERIA
    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria’s push for state police crosses 2/3rd legislative requirement threshold as 25 states concur

    Nigeria: FG temporarily opens Section 1 of Lagos-Calabar coastal highway

    Nigeria: South-South governors are against realignment of Lagos-Calabar Coastal Highway with East-West Road – Gov Diri

    Lagos APC stalwart blames internal sabotage for escalated terror attacks

    Nigeria: Security forces deploy personnel to protect Tinubu’s posters ahead of Saturday presidential campaign flag-off in Kaduna

    Shettima declares open Digital Nigeria International Conference and Exhibition 2025, says Nigeria’s economy stable, attracting investors, accolades

    Nigeria: FG approves 90-day economic plan to reduce cost of living

    Nigeria: Speaker Abbas assures US faith delegation of House commitment to ethno-religious unity in Nigeria

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: State Assemblies’ support for local police surges as 10 passed Bill

    Police activates CCTV centre in Lagos to boost technology-driven policing

    NPF commences nationwide clearance operation against kidnappers, bandits, criminal groups

    Nigeria: Speaker Abbas, wife donate N22m, bus to Kaduna First Lady’s empowerment group

    Nigeria: Reps demand remittance of N30b NSIPA recovered funds to TSA

    Nigeria: Bill for development, industrialisation of drone industry scales second reading

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Senate raises hope on revamping public high schools, passes NSSEC bill for second reading

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    TVET: Trainee, training centres receive N30k, N50k monthly – Minister

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa reaffirms FG’s commitment to TVET as nearly 250,000 Nigerians undergo skills training nationwide

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Minister hails JAMB listing of Armed Forces College of Medicine & Health Sciences as 100 pioneer cadets prepare for admission

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa unveils 39 agric curricular, 31 occupational standards to boost food security, youth employment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister praises Dangote Foundation’s move to empower four million students with IPO shares

    Nigeria: Minister reaffirms Tinubu administration’s commitment to workers’ welfare, urges VCs to pay CATA, CONTA, CONMESS

  • Health
    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Nigeria: Tinubu alerts West African health authorities to surveillance against Ebola threat, rules out restriction on large gatherings for now

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola: Ogun steps up surveillance after FCT case, says no case recorded in state

    Ebola: FG assures Nigerians of containment strategies

    NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

    NNPCL postpones two-day Contractors and Partners CEO HSE Conference over Ebola case

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria: The repeat of 2014 Ebola scare as Abuja confirms new case

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Benue announces FG’s approval of four health centres to treat snakebite, curb mortality

    Nigeria: FG revitalises 4,434 PHCs as patient visits rise to 45m quarterly

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC bursts fake beverage syndicate, seizes packaging materials worth ₦200m in Aba

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth sets Oct 27 for Q3 2026 board meeting as closed period takes effect

    • Health and Fitness
  • Media

    Sahara champions deeper Energy Journalism in Ghana to strengthen public understanding

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    GOCOP mourns former President Dotun Oladipo

    The Eagle Online will continue to fly, Dotun Oladipo family assures

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    EFCC arraigns Nigerian-American over alleged $320,000 vehicle import fraud

    Fidelity Bank grows gross earnings by 46% to N749b in H1 2025

    Fidelity Bank holds 38th AGM: Shareholders greenlight 2025 financials and board changes

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    • Politics
    • Opinion
  • World
    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NSC replaces Sanusi with Ikpeme as NFF General Secretary

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NFF secures $8.5m annual kit sponsorship with Adidas

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

  • Business
    FCCPC bags multiple honours for consumer protection, fair competition

    FCCPC bags multiple honours for consumer protection, fair competition

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos, AfDB launch AFAWA Project to empower 610 women-led businesses

    Nigeria: CBN gov says FG’s economic reforms crucial to sustainable repositioning of national economy

    AFC appoints CBN governor Cardoso  board chairman

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Eunisell hits by severe illiquidity as price stagnates at ₦189

    Eunisell Interlinked reports 31% profit growth in FY 2026 financial results

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    C.H.I Limited drives UAC’s half-year revenue to N365b

    UAC of Nigeria to divest 73.29% controlling stake in Livestock Feeds to Sunbeth

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
  • Home
  • NIGERIA
    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria’s push for state police crosses 2/3rd legislative requirement threshold as 25 states concur

    Nigeria: FG temporarily opens Section 1 of Lagos-Calabar coastal highway

    Nigeria: South-South governors are against realignment of Lagos-Calabar Coastal Highway with East-West Road – Gov Diri

    Lagos APC stalwart blames internal sabotage for escalated terror attacks

    Nigeria: Security forces deploy personnel to protect Tinubu’s posters ahead of Saturday presidential campaign flag-off in Kaduna

    Shettima declares open Digital Nigeria International Conference and Exhibition 2025, says Nigeria’s economy stable, attracting investors, accolades

    Nigeria: FG approves 90-day economic plan to reduce cost of living

    Nigeria: Speaker Abbas assures US faith delegation of House commitment to ethno-religious unity in Nigeria

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: State Assemblies’ support for local police surges as 10 passed Bill

    Police activates CCTV centre in Lagos to boost technology-driven policing

    NPF commences nationwide clearance operation against kidnappers, bandits, criminal groups

    Nigeria: Speaker Abbas, wife donate N22m, bus to Kaduna First Lady’s empowerment group

    Nigeria: Reps demand remittance of N30b NSIPA recovered funds to TSA

    Nigeria: Bill for development, industrialisation of drone industry scales second reading

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Senate raises hope on revamping public high schools, passes NSSEC bill for second reading

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    TVET: Trainee, training centres receive N30k, N50k monthly – Minister

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa reaffirms FG’s commitment to TVET as nearly 250,000 Nigerians undergo skills training nationwide

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Minister hails JAMB listing of Armed Forces College of Medicine & Health Sciences as 100 pioneer cadets prepare for admission

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa unveils 39 agric curricular, 31 occupational standards to boost food security, youth employment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister praises Dangote Foundation’s move to empower four million students with IPO shares

    Nigeria: Minister reaffirms Tinubu administration’s commitment to workers’ welfare, urges VCs to pay CATA, CONTA, CONMESS

  • Health
    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Nigeria: Tinubu alerts West African health authorities to surveillance against Ebola threat, rules out restriction on large gatherings for now

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola: Ogun steps up surveillance after FCT case, says no case recorded in state

    Ebola: FG assures Nigerians of containment strategies

    NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

    NNPCL postpones two-day Contractors and Partners CEO HSE Conference over Ebola case

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria: The repeat of 2014 Ebola scare as Abuja confirms new case

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Benue announces FG’s approval of four health centres to treat snakebite, curb mortality

    Nigeria: FG revitalises 4,434 PHCs as patient visits rise to 45m quarterly

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC bursts fake beverage syndicate, seizes packaging materials worth ₦200m in Aba

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth sets Oct 27 for Q3 2026 board meeting as closed period takes effect

    • Health and Fitness
  • Media

    Sahara champions deeper Energy Journalism in Ghana to strengthen public understanding

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    GOCOP mourns former President Dotun Oladipo

    The Eagle Online will continue to fly, Dotun Oladipo family assures

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    EFCC arraigns Nigerian-American over alleged $320,000 vehicle import fraud

    Fidelity Bank grows gross earnings by 46% to N749b in H1 2025

    Fidelity Bank holds 38th AGM: Shareholders greenlight 2025 financials and board changes

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    • Politics
    • Opinion
  • World
    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NSC replaces Sanusi with Ikpeme as NFF General Secretary

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NFF secures $8.5m annual kit sponsorship with Adidas

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

  • Business
    FCCPC bags multiple honours for consumer protection, fair competition

    FCCPC bags multiple honours for consumer protection, fair competition

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos, AfDB launch AFAWA Project to empower 610 women-led businesses

    Nigeria: CBN gov says FG’s economic reforms crucial to sustainable repositioning of national economy

    AFC appoints CBN governor Cardoso  board chairman

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Eunisell hits by severe illiquidity as price stagnates at ₦189

    Eunisell Interlinked reports 31% profit growth in FY 2026 financial results

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    C.H.I Limited drives UAC’s half-year revenue to N365b

    UAC of Nigeria to divest 73.29% controlling stake in Livestock Feeds to Sunbeth

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
No Result
View All Result
Worldstage News
No Result
View All Result
Home Energy

Nigeria: Minister laments frequent summons of oil operators by National Assembly that divert focus, hinders core activities

by NAN
May 8, 2025
in Energy, NIGERIA
0
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

Minister of State for Petroleum (Oil), Heineken Lokpobiri, has expressed concern over the frequent summons issued by the National Assembly to international oil companies (IOCs) and indigenous operators, specifically the Independent Petroleum Producers Group (IPPG).

He said that these summons often address issues beyond the companies’ primary operational responsibilities, diverting their focus and potentially hindering their core activities.

Speaking during the Petroleum Technology Association of Nigeria (PETAN) Luncheon at the Offshore Technology Conference (OTC) on Wednesday in Houston, Texas, U.S., the minister described the practice as unnecessary and counterproductive.

Lokpobiri expressed concern that frequent and irrelevant summonses were discouraging investment in Nigeria’s oil and gas sector.

“One of the biggest disincentives to investment in this industry is the excessive number of summons issued by the National Assembly, often over issues that do not concern the companies,” he said.

He appealed to lawmakers to collaborate with stakeholders to foster a more investment-friendly environment.

“We urge the National Assembly to work with us to change this narrative.

“These companies are being summoned by committees, such as procurement, which have no direct connection to the oil and gas industry.

“Some of these inquiries even relate to events that occurred over 30 years ago,” he said.

The minister warned that, in today’s competitive global oil landscape, Nigeria can no longer afford practices that drive away investors.

“Other African countries now offer viable alternatives. When IOCs leave Nigeria, they invest elsewhere on the continent.

“If investments don’t happen here, our people lose. Our economy suffers.

“Why are companies like Total, Chevron, and Shell being summoned for procurement issues that do not concern them? These actions have not led to any tangible improvements in the sector,” the minister said.

In his remarks, Mr Wole Ogunsanya, Chairman of PETAN, PETAN advocated for african collaboration on local content.

Ogunsanya emphasised the significance of Nigeria’s Local Content Law, which he described as a game-changer for indigenous participation in the oil and gas industry.

“The Local Content Law enabled many Nigerian companies to engage across the value chain, from upstream to downstream.

“It removed entry barriers and allowed local firms to gain the experience and capacity to compete effectively,” Ogunsanya noted.

According to him, Nigeria’s approach is now being adopted across Africa.

“Countries like Angola have developed similar frameworks. In February, stakeholders across the continent agreed to establish the African Content Organisation.

“The goal is to share knowledge, equipment, and training to address Africa’s energy poverty.

“The African Content Organisation, he said, will be officially launched at the African Union headquarters in Ethiopia next year.

“This initiative aims to empower indigenous companies, create jobs, and grow Africa’s GDP. Ultimately, it’s about improving lives across the continent,” he said.

Ogunsanya, while explaining the importance of energy access, said that “Countries with high energy consumption enjoy better health, cleaner environments, and longer life expectancy.

“Increasing per capita energy consumption in Africa is critical to improving education, healthcare, and overall quality of life.

“We must come together as a continent to solve our own energy challenges,” he added.

Tags: Heineken Lokpobiri
NAN

NAN

Next Post

Court rejects EFCC’s objection to Yahaya Bello’s bid to tender previous court document

Buy Our Research Book

About Us

Worldstage News logo

World Stage Limited is a research and technology driven Africa focused firm with expertise in multi-faceted business communication services.

  • About
  • Contact
  • Advertise

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.

No Result
View All Result
  • Home
  • NIGERIA
  • Entertainment
    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
  • Health
    • Health and Fitness
  • Media
    • CSR
    • Jobs
    • Labour
    • Law
  • News
    • Politics
    • Opinion
  • World
    • Africa
    • America
    • Asia
    • Europe
  • Sports
  • Business
    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.