Bogoro’s Push for Problem-Solving Research in Nigeria Timely

Prof Bogoro of TETFund addressing media on research in Nigeria

Nations all over the world develop through innovative solutions that emanate from various researches carried out by members of their academic and other independent researchers. Having realized this for a while now, the Executive Secretary, ES of the Tertiary Education Trust Fund, TETFund, Prof. Suleiman Elias Bogoro is working assiduously to improve the quality of research in the Nigerian tertiary institutions. Solutions to most of the challenges facing Nigeria can come through research and development. Not just any kind of research though, but the one that is solution-oriented or problem-solving.…

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COVID-19 pushes 60m persons into extreme poverty – World Bank

The World Bank Group warns that the gain in recent years in terms of extreme poverty reduction could be reversed with the outbreak of Coronavirus disease, COVID-19 by adding 60 million people into extreme poverty. The Bank’s President David Malpass disclosed this in a press statement in Washington on Tuesday, stressing the need to support the most vulnerable countries and businesses. He said: “The pandemic and shutdown of advanced economies could push as many as 60 million people into extreme poverty – erasing much of the recent progress made in…

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NNPC Records ₦211.62bn from Petroleum Products Sales in February

Mele Kyari address

… Reports 111 per cent Increase in Trading Surplus The Nigerian National Petroleum Corporation (NNPC) Tuesday in Abuja announced that its Downstream subsidiary Company in charge of bulk sales and distribution of petroleum products, Petroleum Products Marketing Company (PPMC), recorded ₦211.62billion sale of white products in February 2020. A release by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, explained that the figure (₦211.62billion), contained in February 2020, NNPC Monthly Financial and Operations Report (MFOR), was significantly higher compared to the previous month’s record which stood…

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NNPC reduces Ex-depot price of PMS

NNPC petroleum tanker

The Nigerian National Petroleum Corporation (NNPC) Wednesday announced a reduction in the ex-depot price of petrol from N113.28k per litre to N108.00K per litre across all its products loading facilities as well as in its thru-put operations.  A release today in Abuja by the corporation’s Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, quoted the Managing Director of the Petroleum Products Marketing Company (PPMC), Musa Lawan, as saying that the new ex-depot price of Premium Motor Spirit (PMS), otherwise called petrol, reflects the company’s market strategy to make…

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