Category: Economy

Why Warri Port Matters By Sunny Awhefeada

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By Sunny Awhefeada     Warri holds a significant place in Nigeria’s socio-historical destiny and economic configuration. To many people the city, which is fondly called Waffi, embodies fascination just as it invokes fear. Warri’s fascination springs from the beautiful yarns spun about it. These stories sound like fables and the typical Waffarian calls them “fabu”. Its multicultural character, the Warri pidgin, its cuisine culture, dances, humour which is “yabis” and the wealth which its reputation as an oil and gas hub generated inspire fascination. Warri is also a place…

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DOPF Lecture: New Tax Law Favors Citizens, Not Government-Expert

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DOPF Lecture: New Tax Law Favors Citizens, Not Government-Expert   ASABA/Nigeria: Discussants at the 2025 Delta Online Publishers Forum (DOPF) Annual Lecture have debunked widespread misconceptions that Nigeria’s new tax law is designed primarily to enrich government, insisting instead that the reform offers far greater benefits to citizens, businesses, and the wider economy.   Speaking during the panel session, accountant and tax consultant Victor Fegor Origho said the new framework was structured to create a balanced, mutually beneficial relationship between the government and the people. He explained that the law…

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Nigeria Senate Calls For Probe Over Continued Itakpe -Ujevwu Rail Derailment

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The Nigerian Senate has directed an immediate investigation and rehabilitation of the Ujevwu–Itakpe rail corridor following a motion by Senator Ede Dafinone (Delta Central), who raised alarm over recurring derailments, service suspensions, and growing safety concerns on the strategic national line. Speaking on the floor of the Senate on Tuesday, November 4, 2025, Senator Dafinone described the frequent derailments and poor maintenance of the Ujevwu–Itakpe Train Line as a threat to passenger safety and national economic growth. He called for “an urgent investigation, full rehabilitation, and stronger safety measures to…

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Sen Ede Dafinone Lauds Ogboru On Her Bike Cruise To Belgium And Back To Nigeria

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Delta Central Senator, Sen Ede Dafinone has commended Urhobo born Assistant Comptroller of Nigeria Customs, Akpevwe Ogboru on her solo bike ride from Nigeria to Belgium and back home successfully.   The Senator in a statement signed described the efforts of Ogboru who crossed 22 countries in a 72-day journey as that of Urhobo spirit. According to him, “I Senator Ede Dafinone, on behalf of the great people of Delta Central Senatorial District, congratulate our daughter, Urhobo Amazon, Assistant Comptroller of Customs Akpevwe Ogboru, popularly known as Tracta 2, for…

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World Clean Up Day: ACE Recycles Calls For Household Participation,

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As the world marked World Cleanup Day, Ace Recycles emerged as a pivotal force, transforming a local cleanup exercise into a practical demonstration of the circular economy and its benefits for the community of Ughelli. The event, organized in collaboration with CODAF, ACERD and NEDi, saw all collected plastic waste diverted from the streets and transported to the ACE Recycles Centre. This strategic partnership underscored a critical message: cleaning the environment and creating economic value are two sides of the same coin. Grace Chukwufumanya Ndobu, founder of Ace Recycles Enterprise,…

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SHUTDOWN OF FUEL DEPOTS/STATIONS: TIME TO PURGE OIL INDUSTRY OF THE NUISANCES CALLED NUPENG, PENGASSAN

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By Zik Gbemre     Of what relevance to the common man is the show of might by NUPENG, forcing fuel stations and fuel depots to shutdown for Monday 8th September 2025 and Tuesday 9th September 2025 before the call off?   The entire economy of the country was paralysed for this thoughtless and reckless shutdowns of fuel depots and fuel stations. Nigerian common man is architect of his own problem. Is NUPENG protecting the interest of the common man or selfish interests of few individuals? NUPENG and PENGASSAN have…

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MY HONEST CONCERN AS OJULARI, OMOTOWA & EWUBARE TAKE NEW ROLES IN NNPCL

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By Zik Gbemre   Congratulations, Bayo Ojulari, Babs Omotowa and Roland Ewubare on new roles in the oil & gas sector.   Roland is no strange name as he was Group Chief Operating Officer Upstream NNPC before resigning at a point.   Bayo and Babs were Shell groomed technocrats who built outstanding careers in Shell.   Omotowa’s new role in the industry as non executive Director of the NNPC LTD Board is a plus with his vast experience in the Royal Dutch Shell in the Hague and in Nigeria.  …

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CBN Announces New N100 ATM Transaction Fees For #20,00 Withdrawal 

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      The Central Bank of Nigeria (CBN) has reviewed the transaction fees for Automated Teller Machine (ATM) services, with new N100 charges for N20,000 withdrawal, set to take effect from March 1, 2025.   In a circular signed by John Onojah, the acting director of the Financial Policy and Regulation Department, the CBN stated that the fee adjustment aims to address the rising operational costs and enhance efficiency within the banking sector.   The last time the ATM transaction fees were revised was in 2019 when the CBN…

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Sand Merchants And The Shylock Syndrome

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By Sunny Awhefeada   Humanity is ever susceptible to the changing patterns of reality and existence so that what was once inconceivable could become the norm. The ineluctability of change has continued to push boundaries beyond human imagination. In the course of time, novel phenomena emerge to engender new realities which soon evolve to become a way of life. This new “way of life” will also run its course and get subverted or replaced by another “new way of life” and humanity continues in its ever forward movement. And life…

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Commendations, Lamentation Trail Destruction Of Make-Shift Stores, Evacuation Of Roadside Traders In Ughelli Markets

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Residents of Ughelli and it’s environs, have commended the operation keep Ughelli North clean embarked upon by the administration of Olorogun Jaro Movudu Egbo, in Ughelli North Local Government Area of Delta State. Olorogun Jaro Egbo, following the expiration of the ultimatum issued to traders trading along roadside and walkway in Ughelli markets, embarked on a clean up exercise to give Ughelli North a new face look. However, the exercise was married with condemnation as some traders who make-shift stores were destroyed, described the actions of the local government council…

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