Author: The Gazelle News

The attention of the NNPC Ltd has been drawn to a press release by the Muslim Rights Concern, MURIC, which claims that the Dangote Refinery Limited (DRL) is being undermined by actions of the Nigerian National Petroleum Company Limited (NNPC Ltd). Specifically, MURIC asserts that recent changes to the pump price of Premium Motor Spirit (PMS) will prevent the Dangote Refinery from offering lower prices and that NNPC Ltd. has become the sole offtaker of all products from the refinery. To set the records straight, NNPC Ltd. wishes to further state as follows: 1. The pricing of petroleum products from…

The Niger Delta Development Commission (NDDC), in conjunction with the Ministry of Niger Delta Development, is preparing an integrated master plan for the development of the Niger Delta region.This was made known by the NDDC Director, Planning, Research and Statistics, Mr. Davies Okarevu, during a two-day workshop on Harmonisation of the Niger Delta Regional Development Strategy for Directors of the Ministry of Niger Delta Development and NDDC in Uyo, Akwa Ibom State.He said that the document to be known as Niger Delta Regional Development Strategy, NDRDS, would improve on the Niger Delta Regional Development Master Plan, the Ministry of Niger…

In a landmark event chaired by Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun that heralds a new era of economic cooperation, Nigeria and China have reaffirmed their commitment to deepening economic cooperation, strengthening bilateral ties and fostering sustainable development. The inaugural China-Nigeria Economic Cooperation and Trade Conference, held alongside the 2024 Forum on China-Africa Cooperation (FOCAC), has set the stage for unprecedented collaboration and growth between the two countries In his keynote address, the Minister underscored the significance of South-South cooperation, highlighting its pivotal role in Nigeria’s sustainable development goals. As chair of the event,…

I extend my heartfelt congratulations to Onyinyechi Mark on winning the first gold medal at the Paralympics and setting multiple world records! Your incredible achievement is an inspiration that shows what can be accomplished with dedication, commitment, resilience and perseverance. You have not only made history but also paved the way for others to dream big and aim high. Nigeria is proud of you, we the womenfolk are more proud and I pray that you witness continued success and many more victories. Congratulations. Her Excellency, Senator Oluremi Tinubu,CON First Lady of the Federal Republic of Nigeria

On Friday, I submitted a memo to the Chief of Staff to the President informing my office that I am proceeding on an indefinite leave of absence to frontally deal with medical matters presently affecting my immediate, nuclear family. While I fully appreciate that the ship of state waits for no man, this agonizing decision — entailing a pause of my functions as the Special Adviser to the President on Media & Publicity and Official Spokesperson of the President; Special Presidential Envoy on Climate Action, and Chairman, Presidential Steering Committee on Project Evergreen — was taken after significant consultations with…

Guaranty Trust Bank Ltd flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious Euromoney Awards for Excellence 2024. This recognition underscores GTCO’s unwavering commitment to excellence, going beyond offering innovative financial services and creating more value for its stakeholders to enriching lives and constantly exploring new opportunities to drive positive change in society. Announcing the Award, Euromoney highlighted the range and impact of GTCO’s CSR initiatives spanning education, health, community development, and financial inclusion. Over the years,…

The attention of the Niger Delta Development Commission, NDDC, has been drawn to the fraudulent activities of scammers claiming to represent the NDDC Youth Internship Scheme. Please, note that the registration for this scheme closed on August 31, 2024. We received reports that several persons have been getting unsolicited messages stating that they have been selected for the NDDC Internship Scheme, accompanied by requests for personal information and an acceptance fee. The NDDC does not require any fees or payments for the placement of qualified youths in its internship programme. We want to clarify that the NDDC is not associated…

The Lagos State Government, Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) on Thursday signed a Memorandum of Understanding (MoU) for the Green Line Rail Project in Lagos. The MoU, witnessed by Lagos State Governor, Mr. Babajide Sanwo-Olu; Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun; Special Adviser to the Governor on Infrastructure, Engr. Olufemi Daramola; Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo, and top officials of the Federal Government and China Harbour Engineering Company (CHEC), was signed during the ongoing Forum on China-Africa Cooperation (FOCAC) in Beijing,…

Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2024, recording an impressive triple-digit growth of 117% in gross earnings from N967.3 billion reported in H1 2023 to N2.1 trillion in H1 2024. This superior performance has been achieved even as the Nigerian banking industry navigates a challenging macro environment. According to the bank’s audited half-year financial results presented to the Nigerian Exchange (NGX) on Friday, 30th August 2024, the triple-digit growth in the top line also drove growth in the bottom line as the Group recorded a 108% Year on Year (YoY) increase in…

By Femi Ogbonnikan  He’s an unknown quantity. A spent force. An irredeemable character. No one identifies him with anything good but blackmailing. Yes, cheap blackmail. He’s done it again. In a short video clip that has gone viral on social media, Abisoye Osodi, as he’s so-called, tried to manipulate the emotions of the Ogun State people, pontificating on a range of weird issues bordering on the long-forgotten Supreme Court judgment on the governorship election petition and an alleged fund mismanagement. In his rabble-rousing speech, he made several spurious and scathing allegations to deliberately impugn the integrity of the Governor of…

The Minister of Interior, Hon. Olubunmi Tunji-Ojo has ordered an immediate inquiry into the feeding conditions of inmates of Afokang Custodial Centre in Calabar. A video report on Facebook had alleged that inmates of the Custodial Centre were being subjected to inhumane treatment, including being served poorly cooked beans as breakfast. A statement on Sunday by the minister’s media aide, Babatunde Alao, said his boss took a grave exception to the disturbing video report and therefore would want to get to the root of the incident. Alao said: “The Minister views this incident as a serious breach of the standards…

The DG/CEO of NIMC, Engr Abisoye Coker-Odusote, has stressed the importance of birth registration and the National Identification Number (NIN) to foster development in Nigeria. This, according to her, is why the National Identity Management Commission and the National Population Commission (NPC) are collaborating on digital birth registration. Engr Coker-Odusote, who said this at the Launch of the Renewed Hope initiative to accelerate birth registration in Abuja, added that it will go down in history as one of the achievements of President Bola Ahmed Tinubu, GCFR. She commended NPC for accelerating and digitalizing birth registration and promised that NIMC will…

The Lagos State Commissioner of Police, Mustapha Adegoke Fayoade is set to undergo interview for promotion to the rank of Assistant Inspector General of Police, reports thegazellenews.com This medium learnt that Fayoade will undergo the interview with seven other Commissioners of Police on Friday, 30 August, 2024 at the headquarters of the Police Service Commission (PSC), Abuja. According to a Police Wireless Message dated Tuesday, 27 August, 2024, sighted by thegazellenews.com, the interview will take place Conference Room of the PSC Chairman, 6th Floor, PSC Headquarters, Plot 64, Cadastral Zone, Jabi, Abuja. Other Police Commissioners expected at the interview are:…

President Tinubu has welcomed the latest report by the National Bureau of Statistics on the state of the economy, as the country’s Gross National Product (GDP) posted another growth. This was disclosed Monday, 26 August, 2024, through a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. According to NBS, the real GDP grew by 3.2% year on year in Q2, higher than the 2.51% recorded in the same period of 2023. After another report on declining food and headline inflation, this latest report affirms that the economy is on the right trajectory and…

President Bola Tinubu has approved the appointment of new Directors-General for the National Intelligence Agency (NIA) and the Department of State Services (DSS). Ambassador Mohammed Mohammed is the new Director-General of the NIA while Mr. Adeola Oluwatosin Ajayi is the new Director-General of the DSS. Ambassador Mohammed has had an illustrious career in the foreign service since joining the NIA in 1995. He had served in various roles, culminating in his promotion to the rank of Director and his subsequent appointment as the head of the Nigerian mission to Libya. The 1990 graduate of Bayero University, Kano, had served in…

By Femi Ogbonnikan Relief is right underway for motorists and commuters plying the Lagos/Sango-Ota/ Abeokuta Expressway. No more driving with tears. Many thanks to the Ogun State government for its timely intervention. On Friday, Ogun State Governor, Prince Dapo Abiodun graciously flagged off reconstruction work on the ever-busy road which had suffered 17 years of neglect and bulk-passing by successive governments at the federal level. The commissioning ceremony marked the end of a prolonged nightmare people have had to go through daily due to unnecessary bureaucratic bottlenecks, undue fussiness, and power contestation. So much has been said about the story…

By Fredrick Nwabufo The Student Loan Scheme is a conception of the purest, noblest, and loftiest of intentions and design. It is a bond to secure the nation’s future and a promissory note to a prosperous destiny for many young Nigerians. The kernel of the scheme is to remove the impediments of finance and guarantee access to higher education and skill development for ALL needing Nigerian students irrespective of where they come from, where they worship, what they look like, who they know or do not know, or whatever is their political interest and social complexion. It is for ALL…

The attention of NNPC Ltd has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser to the former Vice President, Alhaji Atiku Abubakar. In the statement, the former Vice President was quoted to have lamented “the criminal hijack of the NNPC by corporate cabals around the current President”. He was also quoted to have listed the retention of Mr. Mele Kyari as the Group Chief Executive Officer of NNPC Ltd as a compensation for the alleged acquisition of NNPC Retail Ltd by OVH in which he claimed Mr Wale Tinubu held 49% stake. He further…

The Nigerian National Petroleum Company Limited (NNPC) has provided updates on its crude oil exploration activities in the Northern part of the country, reiterating its commitment to achieving the Federal Government’s aspirations in the frontier basins. “The company has been actively drilling in basins in and around Northern Nigeria, as a result of the need to increase oil exploration in the country’s frontier basins”. This was contained in a publication authored by the Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, who noted that “this is a strategic engagement that NNPC Ltd will not compromise on.” Soneye pointed out that…

The Federal Government has pledged to avenge the murder of 12 miners shot to death by bandits at Unguwar Magro Village of Shiroro local Government Area of Niger State assuring that security agencies are on their trail and will soon bring them to face the wrath of the law. Meanwhile, no form of mining will be allowed to occur at the scene of the attack until security agencies have concluded investigations into the attack. The Minister of Solid Minerals Development, Dr. Dele Alake who disclosed these measures in a statement today mourned the brutal killings of innocent workers at the…