World Bank/FT Global Blog/Essay Writing Competition 2021

World Bank/Financial Times Global Blog/Essay Writing Competition 2021

World Bank Global Blog/Essay Writing Competition 2021 If your answers to questions in the next paragraph yes, then take part in the World Bank Group and the Financial Times’ third joint global blog/essay writing competition. Are you 16 to 19 years old? Are you currently enrolled in a high school or secondary school? Has COVID-19 affected your learning or the education of a friend or family member? The pandemic has disrupted our lives everywhere, and is changing the way we live, work and learn. This health crisis is creating another…

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NNPC Restates Commitment to OPEC+ Agreement

mele kyari on, opec+ downstream deregulation litres of petrol

NNPC Restates Commitment to OPEC+ Agreement The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, aimed at stabilizing the global oil market. The Group Managing Director of NNPC, Mallam Mele Kyari, stated this Wednesday while speaking at the ongoing virtual Gulf Intelligence “Global” UAE Energy Forum 2021. Mallam Kyari noted that despite the negative effects of the production cut on government revenue, it was the best step towards redeeming the…

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UNDP launches Investor Map to achieve SDGs in Nigeria

UNDP Nigeria launches Investor Map, data tool for investment

UNDP launches Investor Map to achieve SDGs in Nigeria United Nations Development Programme (UNDP) Nigeria Country Office announced on Friday the launch of Sustainable Development Goals (SDG) Investor Map, a digital tool designed to identify investable solutions, making it easier to channel private investment and capital to achieve the SDGs. The platform is part of SDG Impact, a UNDP Initiative that provides investors and businesses with country-level market intelligence and actionable investment opportunities. The SDG Investor Map for Nigeria will provide investors with localised insight into key sectors and Investment…

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Tony Elumelu Foundation, TEF 2021 Application Opens

Tony Elumelu Foundation 2021 APPLICATION

Tony Elumelu Foundation, TEF 2021 Application Opens The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, opens applications on its TEFConnect digital platform (www.tefconnect.com) today, January 1, 2021. This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities. To address the unique challenges arising from the pandemic, lift millions out of poverty and create sustainable employment across the continent, the Foundation’s Entrepreneurship Programme will empower 1,000 young African entrepreneurs, selected from…

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‘Crime is endemic throughout Nigeria’, US warns citizens

U.S. Embassy in Nigeria where statement

The U.S. Embassy in Abuja and Consulate General in Lagos issued a security alert warning its citizens in Nigeria to exercise caution while travelling and residing in Nigeria and added that crime is endemic in Nigeria.  The U.S. agencies disclosed this in a press release by on Wednesday. Accordingly, the release read: “Crime is endemic throughout Nigeria, ranging from petty street crime to carjacking, and crime levels tend to increase during the holidays.  It is prudent to exercise particular caution during the holiday season and at holiday events.” Furthermore, it…

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NNPC says no cause for alarm over gas pipeline rupture

Lagos-Ibadan-expressway-gas-pipeline-rupture happens Wednesday morning

The Nigerian National Petroleum Corporation (NNPC) has assured of safety around the scene of a gas pipeline rupture along the Lagos-Ibadan Expressway. A press release by the NNPC spokesperson, Dr Kennie Obateru, stated that the gas pipeline rupture which was caused by a construction company carrying out excavation work in the area resulted in gas leakage which was promptly contained through the efforts of NNPC Team, officials from the Lagos State Government, and other stakeholders.  “The impacted section of the pipeline has been isolated and the pipeline depressurized such that…

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Nigeria: Association of Sustainability Professionals Inaugurated

Association of Sustainability Professionals of Nigeria logo

The Association of Sustainability Professionals of Nigeria (ASPN) has been inaugurated. Speaking during the virtual inauguration with the theme: ‘Professionalising Sustainability for Inclusive Development’ recently, the President, ASPN, Prof. Kenneth Amaeshi, said the ceremony was a milestone moment while commending the tremendous work of the Board of Trustees (BoT) and directorate members. He stated that the event and the association have been a collective effort by committed and resilient sustainability professionals in Nigeria. Amaeshi, further explained that the thinking behind the association has been over a decade and it was…

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Nigeria government rejects Ecological Fund bill

Boss Mustapha speaking against proposed ecological fund bill

The Presidency has expressed its opposition to a bill in the House of Representatives seeking to regulate the Ecological Fund. The Secretary to the Government of the Federation, Boss Mustapha, especially stated that the proposed law would either clash with or duplicate the existing ones. Mustapha warned that the bill if passed into law, would take away from powers the President presently has over the Ecological Fund Office and the funds under it. The House Committee on Ecological Fund had on Wednesday held a public hearing on ‘A Bill for…

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Senate Lauds NNPC on Gas Development Projects

senate, nnpc debate gas development projects in Nigeria

The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken, especially the Ajaokuta- Kaduna- Kano (AKK) gas pipeline project. Speaking during the 2021 Budget Defense and Performance Appraisal meeting with officials of the Corporation which held at the National Assembly Complex, Chairman of the Committee, Senator James Manager, expressed satisfaction with the various gas development projects embarked upon by the NNPC despite the impact of Covid-19 on the oil and gas industry, saying: “We are proud of the…

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Scarcity: NNPC has 2bn litres of petrol in stock – Kyari

mele kyari on, opec+ downstream deregulation litres of petrol

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured motorists of ample availability of Premium Motor Spirit (PMS) revealing that the Corporation has not less than two billion litres of petrol in its strategic depots across the country. In a press release by the corporation’s Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, the GMD attributed the emergence of queues in some petrol stations across the country to the disruption of the free flow of vehicular movement occasioned by curfews and…

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