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Oil Marketers Threaten Mass Sack Over N720b Subsidy Arrears

Oil Marketers Threaten Mass Sack Over N720b Subsidy Arrears

Except the Federal Government pays all petroleum subsidy arrears of over $2 billion (N720 billion) owed oil marketers, many employees in the downstream sector may soon be thrown into the labour market. Already, the oil marketers have disclosed plans to embark on mass retrenchment of workers as government fails to pay the outstanding subsidy owed




NNPC Restructures, Effects Changes in 55 key Positions

The Nigerian National Petroleum Corporation (NNPC) has revisited its restructuring programme with the appointment and deployment of top executives across the value chain of its operations. A total of 55 top management members of staff were affected in the new exercise. Group Managing Director of the Corporation, Dr. Maikanti Baru, told NNPC members of staff shortly




Help Employees Create Knowledge — Not Just Share It

Many leaders see organizational learning simply as sharing existing knowledge. This isn’t surprising given that this is the primary focus of educational institutions, training programs, and leadership development courses. It’s the “sage on the stage” model, in which an expert shares what they know with those who are assumed not to know it. These “best




Musings from the Inner War of the Revolutionary

Ron A. Carucci How in the world do you announce a gate change when the new gate is in an entirely different terminal a train wide away with the words “now boarding all rows?” First I thought I’d heard “D44” – I was in terminal D so it wouldn’t have been that bad. But my




Women Protest Against Alleged Land-grabbing by Military in Delta

Scores of women yesterday took to the streets and barricaded the Effurun roundabout axis of the East-West Road in protest over an alleged land-grab and sale of about 185.20 hectares of prime property at Uvwie, Uvwie Local Council of Delta State by the Nigerian Army. The protest, which started as early as 6:00 a.m. and




Darwin Was a Slacker and You Should Be Too

Many famous scientists have something in common—they didn’t work long hours. When you examine the lives of history’s most creative figures, you are immediately confronted with a paradox: They organize their lives around their work, but not their days. Figures as different as Charles Dickens, Henri Poincaré, and Ingmar Bergman, working in disparate fields in




Governors Demand Relocation of Oil Firms’ Head Offices

The governors lamented that despite providing the necessary logistic support to the security agencies, perceptions of insecurity are on the rise, preventing inflow of direct foreign and local investment into the regions Decry lack of FG’s presence in south-east, N’Delta Governors of the South-East and South-South states and other stakeholders have urged the Federal Government




2016 Private Participation in Infrastructure: Update

Executive Summary Investment commitments (investments) in infrastructure with private participation in Emerging Markets and Developing Economies (EMDEs) fell sharply in 2016. The US$71.5 billion committed across 242 projects in 2016 represents a 37 percent decline in investment compared to 2015 and a 41 percent decline compared to the annual average of US$121.4 billion over 2011




The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (2nd from left), discussing with the Executive Directors, Finance and Administration, Mohammed Bello-Koko, (2nd from right), Marine and Operations, Dr. Sokonte Davies (right) and General Manager, Physical Planning and Development, Engr.Ahmed Rufai Mohammed (left), representing the Executive Director, Engineering & Technical Services, when




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