Briga News Nigeria Innoson Vehicle Manufacturing has mass-produced varieties of Compressed Natural Gas (CNG) Buses, a suitable alternative for Nigerians amidst the rising price of petrol and diesel. The Showcase of the CNG vehicles took place at the IVM factory, Nnewi on Tuesday, 6th June. The vehicles range from trucks, mini-buses, ambulances, long buses, SUVs,…
Briga News Nigeria In the wake of fuel subsidy removal by the Federal Government, fuel prices have increased astronomically leading to rise in prices of goods and services and overall cost of living. The Edo State Government shares the pains of our people and wants to assure everyone that we are standing with them in…
Briga News Nigeria Vice-President Kashim Shettima says payment of petrol subsidy will get “rid” of the country if it is not removed. Speaking with journalists on his first day in office on Tuesday, Shettima said the administration of President Bola Tinubu would “frontally address” the issue of petrol subsidy. The vice-president said there would be…
Briga News Nigeria Governor Sheriff Oborevwori of Delta State has cautioned fuel marketers in the state against hoarding of Petroleum products especially Premium Motor Spirit (PMS). Chief Press Secretary to the Governor, Mr Festus Ahon in a statement on Tuesday in Asaba quoted Governor Oborevwori as saying that the state government would not tolerate acts…
Briga News Nigeria The Central Bank of Nigeria, CBN, has withdraw license of 132 Microfinance banks operating in Nigeria as a result of their inability to meet up with CBN directives. With the withdrawal of their license, they can no longer operate as financial institutions in the country. Below are the list of Banks: 1….
Briga News Nigeria The President of the Rivers Entrepreneur and Investors’ Forum, Ibifiri Bobmanuel, has revealed that the actions of the Rivers State Government and some local governments in the state were the reasons the Dangote Petroleum Refinery was moved from Rivers State to Lagos State. Bobmanuel, in an interview with DAILY POST said the…
Briga News Nigeria Official reports has it that President Muhammadu Buhari will on the 22nd of May, 2023 formally commission the Dangote refinery. The Dangote Refinery has the capacity to process about 650,000 Barrels of Crude oil per day, making it the Largest Single-train Refinery in the World The Dangote Refinery is expected to create…
Briga News Nigeria In line with Governor Godwin Obaseki’s drive to transform Edo State into a major investment and industrial haven in the country, Edo Refinery and Petrochemicals Company Limited (ERPC), has placed order for 200,000 barrels of crude from Oza Oil Field operated by Decklar Resources Inc and Millenium Oil and Gas Company. Recall…