We have sold forward crude contracts so our crude is encumbered as some of the crude we haven’t produced doesn’t belong to us.

We have sold forward FX contracts so some of our future FX earnings are encumbered. Essentially, some of the FX we are yet to earn does not belong to us. Under the infrastructure tax credit scheme, some of our major company income tax payers were awarded roads to either rehabilitate or construct and are entitled…

Read More

    he Awgu Youth General Assembly (AYGA) gives an award to their deserving brother, mentor,icon and media Enterprenural maestro, the Senior Special Assistant to The Executive Governor of Enugu state,Governor Ifeanyi Lawrence Ugwuanyi on Media and Public Affairs.

    Yesterday, the Awgu Youth General Assembly (AYGA) gave an award to their deserving brother, mentor,icon and media Enterprenural maestro, the Senior Special Assistant to The Executive Governor of Enugu state,Governor Ifeanyi Lawrence Ugwuanyi on Media and Public Affairs. In the person of Hon Prince Humphrey Umezulike Onyima Njoku, the award was in recognition of his…

    Read More

    Beware Of Gov Uzodimma – Lawmaker, Ikenga Imo Advises Tinubu

    A member of the House of Representatives, Hon. Ikenga Imo Ugochinyere Ikeagwuonu, member representing Ideato Federal Constituency of Imo State, has described the State Governor, Hope Uzodimma, as “evil governor.” Uzodimma, who is the Chairman of Progressives Governors’ Forum (PGF), recently led his colleagues to a meeting with APC national chairman, Abdullahi Adamu, over the…

    Read More

    Israel: Remove Wike now, Sheik Gumi, says Christians can’t be trusted, he will turn Abuja to Tel Aviv

    Sheikh Ahmad Gumi has labelled Nyesom Wike, Minister of the Federal Capital Territory, as “Satan” for receiving the Israeli Ambassador to Nigeria in his office.The controversial cleric stated this in a video sermon of over 14 minutes posted on his official Facebook page.Gumi in the sermon also asserted that President Bola Ahmed Tinubu would be…

    Read More

      Demolished Works Layout property was erected on transmission line, waterway – ECTDA

      Demolished Works Layout property was erected on transmission line, waterway – ECTDA …Insists devt. control exercise followed due process, aimed at safeguarding lives and property. The Enugu Capital Territory Development Authority, ECTDA, on Monday, justified the development control activities it carried out at Works Layout, GRA, within the State capital. A resident of the State,…

      Read More