Propeller

Propeller

Propeller

Tittle

Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Saturday 15 September 2018

Tanker falls, Drops Oil on the Road




Samuel Awoyinfa, Abeokuta
A tanker laden with 33,000 litres of petrol fell on Saturday along Iwoye-Ilogbo Road, in Iju-Atan-Ilogbo Local Council Development Area of Ogun State.
The tanker which bore the name of a popular oil company allegedly fell, due to the bad condition of the road.

Operatives of traffic agencies, Ogun State Traffic Compliance and Enforcement Corps and the Federal Road Safety Corps and policemen were seen at the scene of the accident to forestall harm.

They prevented residents from coming near the scene to scoop fuel. Vehicles and motorcycles also could not pass through the road.

Efforts are now being made to trans-load the content of the tanker into another one.

Punch

Thursday 5 July 2018

Time For Nigeria To Broaden Export Products Beyond Oil - Ambode


...Says Export Inflow At LFZ To Hit $6Billion By 2020





…Advocates 25-Year National Policy On Export Promotion



Lagos State Governor, Mr Akinwunmi Ambode on Thursday said the export inflow at the Lekki Free Zone (LFZ) in Ibeju Lekki area of the State is projected to hit over $6billion (about N2.159trillion) by 2020, saying it was time for Nigeria to develop sustainable roadmap to rev up export with particular focus on multi-sector products far beyond oil.


Speaking at the 2nd National Committee Meeting on Export Promotion of the National Economic Council (NEC) held in Lagos, Governor Ambode said beyond oil, it was now important for the country to put in place infrastructure and other initiatives to support other sectors with the view to preparing them for export.   



He said already, the Lagos State Government had keyed into several export-oriented initiatives such as One-State One-Product Initiative, adding that it was gratifying to note that tremendous progress had been made in that regard.



“Our efforts in this area include the development of Lekki Free Zone as a one-stop export processing zone and we are happy to report that we have made tremendous progress in this particular export zone and I hope participants would have the time to see what it is that is actually going on in that place.



“Just to give you a clearer picture of what we are saying. At the end of 2020 when the investment of the Dangote Industries and other Deep Seaport that we are putting in that place will fully come on stream, the export inflow that we are projecting for that place is over $6billion and that is just the way to go,” Governor Ambode said.



He said through the export initiatives being spearheaded and monitored by the Nigerian Export Promotion Council (NEPC), the State Government had identified and commenced the process of developing three key commodities in which the State has comparative and competitive advantage including Coconut, Fish and Vegetables.



“We plan to facilitate the development of these commodities into exportable products. Our export promotion initiatives also include export aggregators designed to boost production capacities of our indigenous micro small and medium industries. The objective is to create locally made products and services that not only satisfy local market but meet competitive export demand.



“We have also developed enterprise zone, small scale industrial estate and light industrial parks in different parts of this State to provide business accommodation and also factory spaces, support made-in-Lagos campaign and to also enhance market access for our MSMEs,” the Governor said.



He said the initiatives were some of the programmes of the State Government to support the Zero Oil plan of the Federal Government, just as he urged participants at the meeting to come up with a viable and sustainable agenda that would at the end of the day help in achieving Nigeria’s economic rebirth without reliance on oil.



While alluding to the visit of French President, Mr Emmanuel Macron to Afrika Shrine in Ikeja, the Governor said the development signposts the need for the country to develop other sectors of the economy especially the creative industry, among others.



“For me, the visit is clear that Afrobeat is a product that we can export but not only that, what about other things such as intellectual property and others that we need to harness to create a final product of our export policy. What about fashion? What about arts? There are lots of export products that we can export beyond Agriculture.



“However, before we can do that, we must put in place the infrastructure and the framework to support these industries and that is the core of this whole story. The message here is that let us expand the scope of our export considerations and increase the wealth of our nation.



“If one of the most powerful men in the world is a lover of our music and culture, then we must look inwards and find ways to export this. Our State is big on arts and entertainment and we believe strongly that this is a very lucrative avenue to create wealth and employment for our people,” Governor Ambode said.



According to the Governor, the economic indicators of the country were such that reliance on oil without planning for the future was dangerous, and so something urgent must be done to promote other sectors.



“For all the years, if you say oil is 90 per cent of what our economy is all about, if there is a flip in the price of oil, what happens to 190 million people on just one product? Who does that? So, the idea is this, if in 2050, Nigeria is targeted to be the third largest country in the world with 400million people and then maybe Lagos population by then will be about 50million people, then there is going to be a problem if by now we are not thinking about other products.



“And then, who cares about oil anyway when there are people using vehicles without oil and so something must be wrong if we are not thinking 2050 in 2018. We have been speaking about this and it is almost sounding like a broken record but if something goes wrong with oil, what are we doing,” he queried.



The Governor said though the Federal Government had shown leadership and good examples about rice production, but that it was important to come up with a national policy on export to create a roadmap to engender sustainable promotion of export.



“Beyond agric product and others, this is one singular opportunity for us to create a roadmap of an export policy that will be known as the National Policy on Export for the next 25 years which each State will key into and follow. The whole message is that we need to be broader in our approach. I believe strongly that the export policy strategy is another way to put Nigeria on the global map and that is the only way we can continue to bring ourselves together to promote export,” he said.



Besides, Governor Ambode advocated synergy among all the Federal Government agencies and State Governments to promote export, while also calling on Nigeria to immediately ratify the agreement on African Continental Free Trade Area which had already been signed by 49 out of 55 countries, adding: “Nigeria must show leadership because the whole of Africa is waiting for us to show leadership and we must drive the economy of the continent.”



Earlier, Executive Director/Chief Executive Officer of NEPC, Mr Olusegun Awolowo called on State Governments to seriously consider bringing export products in their respective States for the Committee on Export Promotion to look at, saying such was important going forward.



Wednesday 22 November 2017

Today's Headlines

*AgegePulse Magazine*  ...the mouthpiece of Agege/Orile Agege
Headlines Today*[Thu-23-Nov-2017]*

Infrastructure key to sustainable development - Hon. JS Babatunde

Hon. Ganiyu Egunjobi Embarks on roads construction... Calls for peaceful Campaign

Infrastructure: Taiwo Dada Street, others get government attention

Pen Cinema flyover  bridge construction: LASG removes Ogunji Statue in Pen Cinema Roundabout

Residents in Agege/Orile call for more physical projects from government

Grassroot football: RenewElephant Cup is World Class - Director, WGB

National Orientation Agency (NOA) holds Peace/Security Awareness Sensitisation Campaign in Agege


*Punch Newspaper*

EFCC/DSS clash: Sagay, Falana berate DSS for stopping Ekpeyong, Okes arrest

National security structure has collapsed Senate

EFCC makes a U-turn, releases Anyim, seizes his passport

Lagos judge withdraws from Justice Nganjiwas bribery trial

Tinubu visits Afenirere leader, says no automatic ticket for Buhari

27 die in Adamawa herdsmen, farmers clash

Killing: Police file charges against ex-PDP chair sons wife

Non-indigenes wont succeed me, says Amosun

Well take decision on Kashamu soon, says PDP

Maina: Malami files defence before Senate panel

I take responsibility for PDPs defeat in 2015 Jonathan

HIV: Lawmaker asks sex workers to send proposal to NAssembly

Edo seeks EU support for trafficked victims

Ozekhomes firm, lawyer clash in Patience Jonathans $15.5m case

FCT to pull down illegal buildings in Lugbe, Kubwa, others

EFCC declares witness in Suswams trial hostile

Nigeria to achieve self-sufficiency in rice in 2018

Boko Haram engaging in forced marriage, extortion CDD


*Vanguard Newspaper*
Adamawa attack: Gov Bindow summons traditional rulers as death toll rises to 60

Obiano receives certificate of return from INEC

I'm a prophet with value at home 'Okowa

Anambra: TMG calls for stiff action against vote buying

Industrialist hails Obiano, mourns Ekwueme

Use Avengers three-month ceasefire to develop N-Delta, FG urged

UNICEF tasks Nigeria on open defecation

IFAD empowers 4,000 Benue youths

The worst is over ' Buhari

Edo NUT kicks against Bill transferring payment of teachers' salaries to LGs

Nwosu resigns as Anambra PDP nears explosion

Delta farmers inaugurate exco

PNDPC didn't join PANDEF 'Ayemi-Botu

We've built structures to rehabilitate human trafficking victims 'Obaseki

Zimbabwe: This is not a coup- military

Why I joined APC now- Ojukwu

Investors Protection Fund: NSE seeks 8 year tenure for Board members

BOI tasks women entrepreneurs to employ more people


*The Nation Newspaper*
2019: Buhari will follow due process, says Tinubu

Northcentral governors, leaders urge Buhari to contest in 2019

Senate seeks new security design to end killings

Boko Haram: CDS in Northeast as governor visits victims

Buhari orders audit of recovered assets within one month

Budget won't be ready before March

No going back on arrest of Ekpeyong, Oke, says Magu

Can Nigeria ever achieve analogue switch-off

Jealous wife charged with stabbing ex-PDP chair's son to death

PDP chair: Disagreements may be resolved at convention, says Makarfi

Will Obaseki fulfill promises to revamp education

Sokoto spends N3b on scholarship

Private sector role vital in education says Lagos govt

Ex-UNILAG VC, man of peace

OAU alumni adopt hall

Peak trains teachers on nutrition

Fixing education's woes

NGO kits up school in Ondo


*Thisday Newspaper*
Citing Gaps in Management of Recovered Assets, Buhari Inaugurates Audit Panel

Tinubu: APC Has Not Endorsed Anyone for 2019 Presidential Ticket

Address Fiscal Challenges, Despite GDP Growth, World Bank Tells Nigeria

Apple Sells MekaMons Robots Built by Nigerian-British Engineer

Fidelity Bank Partners Africa's Young Entrepreneurs on Youth Empowerment Nume Ekeghe

NNPC Secures $3.7bn Alternative Financing in Three Years

AfDB Portfolio in Nigeria over $6bn, Says Adesina

Mubi Bombing: IG Places CPs, AIGS on Red Alert

PDP Denies Makarfi's Presidential Ambition

Police File Murder Charges against Wife for Alleged Murder of Ex-PDP Chair's Son

AfDB: DBNs Role in MSMEs Sector Extremely Important to Us

ABINBEV Restates Commitment to Nigeria with $250m Investment

Masari: Nigeria Has Several Big Men But Few Leaders

Events Have Proven Buharis Govt is Corrupt

So Many Things to Reform

Will the Donald Dukes of Nigeria Ever Get a Chance

Eagles Victory over Argentina May Be Counterproductive, Ighalo Warns

Who is Afraid of Family Planning

Sunday 19 November 2017

Today's Headlines

*AgegePulse * .. The mouthpiece of Agege/Orile Agege
Headlines Today* [Mon-20-Nov-2017]*

Lagos to get 24/7 power supply in 2018 Ambode

Lagos Speaker, Obasa, Other Dignitaries Felicitate with Alake of Egbaland on his 12th Coronation Anniversary.

Lagos APC leaders urge members to embrace unity

Residents of Orile want Hon. JS Babatunde to fix Amoo Road

Orile-Agege LCDA gets infrastructural boost

Fire guts Ayobo Garage, Agege.. As Egunjobi visits scene to console victims

Agege Hip Hop Stars, Small Doctor, Junior Boy, MC SureBoy, others show love to fans

RenewElephant Cup: Sarafina FC first to qualify for Q/Final

LASG seeks cooperation, promises to compensate property owners


*Punch Newspaper*

PDP chair: Fayose seeks shadow election for S'West aspirants


Lamidos group dismisses Buharis govt as disaster

Prof. Olunloyo dies at 74

FG has abandoned Bayelsa, says Dickson

PDP, Buhari congratulate Jonathan at 60

Defiant Mugabe says hell preside over party congress in Dec

Obaze rejects Obianos victory in Anambra governorship poll

BVN: Banks frustrating anti-corruption war, FG, AGF tell court


LASG seeks cooperation, promises to compensate property owners

FG hails global endorsement of Nigerias anti-terrorism fight

Lions Club, friends raise funds for Olusola Dada Dialysis Centre

Ogun monarch laments attacks by herdsmen

French police officer kills three before committing suicide

Wasteful oil search in the North


Southern senators to hold confab on restructuring

Anambra defeat: Makarfi brought ill-luck to PDP, says Kashamu


*Vanguard Newspaper*
Buhari, APC felicitate with Jonathan at 60

PDP chairmanship: Fayose calls for shadow election among S-West aspirants

Human trafficking, Illegal migration, threat to national security ' Saraki

Anambra election: Obaze rejects results as INEC declares Obiano winner

SSANU raps FG's stance on workers'welfare

Delta LG polls: PDP flags off campaign

How we uncovered 40 illegal refineries in Edo, by CP Kokumo

IVF, solution to infertility problems 'Oyetunji

CDS warns new naval ratings against support for secession

Why Africa must copy China's industrialisation drive by IGU

NGO hails Anambrarians, police, others on violence free poll

Save Imo courts from total collapse ' Chief Judge

Nigeria exports $9.7m, earns N69bn from solid minerals ' NEITI

Apapa gridlock worsens, Ambode's taskforce yet to take off

AWARD: Ambode accepts Transparency Nigeria's nomination

The only way N-Delta can enjoy its oil wealth is to join APC ' Ojougboh

Why I didn't implement 2014 Confab report ' Jonathan

2018: Joining APC is like leaving Jesus Christ for satan ' Fayose


*The Nation Newspaper*
BVN: Govt accuses CBN, banks of shielding rogues

Mugabe adamant

Wife stabs son of ex-PDP chair Bello to death over text messages

Obiano re-elected Anambra governor

Fayose: aspirants for chairman must unite

Aisha Buhari honoured in Morocco

Woman in court for alleged stealing fraud

Boy jailed for defiling minor

My husband tied me to tree

Agent in trouble

ASUP strike shutdown Delta polytechnics

CFAO inaugurates assembly plant

Equities lose N144b as investors await CBN decisions

Unsafe executive acts on the roads

Govt needs to address harmful regulations to enhance growth

Tranex N238.6m rights issue records 90.5% subscription

Kia begins healthcare centre's renovation

NNPC: crude-for-product arrangement on course


*Thisday Newspaper*
APGA's Victory Maintains NationalBalance of Power Ahead of 2019

As MPC Meets, Marginal Drop in Inflation May Delay Interest Rate Cut

Mugabe Refuses to Resign, Risks Impeachment

Why I Didn't Implement 2014 Confab Report

Buhari, PDP Congratulate Jonathan at 60

Ex-PDP National Chairman's Son, Allegedly Stabbed to Death By Wife

Ibrahim: Governance Remains Poor in Africa

SERAP, Pensioners Seek ECOWAS Court Intervention over Unpaid Pensions, Salaries

Lagos to Concession 10-Lane Okokomaiko-Seme Border Road Project

Glo, Airtel, Dangote, Seven Others Advance to Final Stage in 9mobile...

Afrinvest Launches Affordable Investment Option for Nigeria

Aregbesolas Senatorial Aspiration Tears Lagos APC Apart

Kwara LG Poll: Protest Trails Election Outcome

PDP in Dire Straits

Buharis Silent Support for the South-east

Yakubu Gowon in Retrospect

Quadri, Adekuoroye Dominate 2017 Nigerian Sports Award

MTN Sponsors First-of-its-Kind Kiddies Mini-marathon