Tag: Niger Delta

  • Niger Delta Group Awards 650 Grants to MSMEs

    Niger Delta Group Awards 650 Grants to MSMEs

    Photo Credit:Punch Newspapers

    A Niger Delta‑based development group has disbursed 650 grants to micro, small and medium‑scale enterprises in the region, targeting jobs and income growth in communities affected by oil‑industry disruptions. Beneficiaries include traders, artisans, agribusiness operators and service providers across several states.

    Organisers said the initiative is designed to complement federal and state programmes by providing flexible funding, mentorship and market‑linkage support. They argue that expanding MSMEs is critical to tackling unemployment, reducing youth restiveness and diversifying the region’s economy beyond oil.

    Source: Punch Newspapers – 12 Dec 2025

    2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12

  • NDDC Drama: Pondei walks out on Reps as Wike rescues Nunieh from arrest

    NDDC Drama: Pondei walks out on Reps as Wike rescues Nunieh from arrest

    Acting Managing Director of Interim Management Committee (IMC) for the Niger Delta Development Commission (NDDC), Kemebradikumo Pondei, and his team Thursday in Abuja walked out on the members of the House of Representatives Committee on NDDC.

    This was coming as Rivers State Governor, Nyesom Wike, allegedly rushed into the Port Harcourt residence of a former NDDC Managing Director, Joy Nunieh, to rescue her from a purported house arrest following alleged police invasion of the house. 

    Pondei and the team, while addressing the committee members, said they were not prepared to make any presentation before the lawmakers.

    The Acting Managing Director raised objections that the Chairman of House Committee on NDDC, Olubunmi Tunji-Ojo, presiding over the investigative hearing, could not preside over a matter in which he’s an accused.

    Members of the committee, including Benjamin Kali, Ben Ibakpa and Shehu Koko, told the Acting MD that since there was no document before them, he’s constitutionally bound to answer their queries.

    While members were still making contribution on the issue, Pondei sought permission to leave and walked out before the committee could grant or reject his request.

    Furious members of the Committee accused the Interim Management Committee of trying to frustrate legislative functions and ordered a warrant of arrest be issued against him.

    The Committee also unanimously passed a vote of confidence on its Chairman.

    Meanwhile, Wike was said to have arrived Nunieh’s house, which was surrounded by over 15 armed policemen in the early hours of Thursday.

    The governor allegedly bulldozed his way into the building and took the embattled ex-NDDC managing director to the Government House in Port Harcourt.

    Nunieh was supposed to be in Abuja on Thursday to testify before the ad-hoc committee of the House of Representatives investigating alleged corruption in NDDC.

    Idowu Sowunmi

  • FG increases price of petrol to N143 amidst “toxic fuel” importation claim

    FG increases price of petrol to N143 amidst “toxic fuel” importation claim

    The Federal Government has increased the pump price of Premium Motor Spirit (PMS), also known as petrol from N140.80 to N143.80 per litre.

    This increment was disclosed in a statement released on Wednesday by the Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu.

    “After a review of the prevailing market fundamentals in the month of June and considering marketers’ realistic operating costs, as much as practicable, we wish to advise a new PMS pump price band of N140.80 – N143.80 per litre for the month of July 2020,” the statement read.

    “All marketers are advised to operate within the indicative prices as advised by the PPPRA.”

    In April, the Federal Government had announced a reduction of the petrol pump to N123.50 per litre.

    This upward review in petrol price comes only hours after a UK based newspaper, The Guardian revealed that the petrol that Nigeria buys from Europe is dirty and harmful.

    According to laboratory analysis: “Black market fuel made from stolen oil in rudimentary “bush” refineries hidden deep in the creeks and swamps of the Niger Delta is less polluting than the highly toxic diesel and petrol that Europe exports to Nigeria”, the newspaper reported.