Adeola Oladipupo (Correspondent), Author at

Coronavirus Money News World News100 Countries Get COVID-19 Support From the World Bank

Adeola Oladipupo (Correspondent)May 20, 2020

In what he described as the largest and fastest crisis response in the Bank’s history, David Malpass, World Bank Group President, said the bank has provided emergency COVID-19 assistance to 100 developing countries, home to seventy percent of the world’s population. In the wake of the pandemic, the World Bank pledged $160 billion in grants and financial support over a 15-month period, an initiative it says would “help developing countries respond to the health, social...

News Nigeria Press * MediaTrouble Looms for ICIR, Legit.ng and PM News Over Flair Airline News Report

Adeola Oladipupo (Correspondent)May 19, 2020

Trouble may be heading the way of some Nigerian media firms including the International Centre for Investigative Reporting, Legit.ng and PM News Nigeria, because they incorrectly associated Flair Airlines to reports of an aircraft that allegedly contravened the restriction of commercial flights into Nigeria. On Sunday, the Minister of Aviation, Hadi Sirika, tweeted that a British firm had been caught operating commercial flight into Nigeria under the guise of humanitarian operations. The minister had initially...

News Nigeria Oil & GasNigerian Crude Oil Cargoes Not Stranded at Sea – NNPC GMD

Adeola Oladipupo (Correspondent)May 18, 2020

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has denied reports that 84 million barrels of Nigerian crude oil were stranded at sea because there no buyers to take them. Mr. Kyari said there were no physical vessels floating on the sea with Nigerian crude oil waiting for buyers. According to a report by ThisDay, the NNPC GMD said crude oil was normally sold and done on paper two months...

Law & Justice Money News NigeriaMembers of Abacha’s Government Knew About the Money Stashed Abroad – Buba Galadima

Adeola Oladipupo (Correspondent)May 18, 2020

Buba Galadima, a Nigerian politician, has said that key members of the late General Sani Abacha’s government knew about the money the dictator stashed abroad. Mr. Galadima, a former ally – turned critic — of President Buhari revealed this in an interview with the Nation newspaper. He said the late Gen. Abacha was ‘rightly’ counselled by then Presidents Saddam Hussein and Muammar Gaddafi, to keep money abroad in order to survive sanctions by the United...

Coronavirus News Nigeria PoliticsNCDC BILL: Court Summons Gbajabiamila, Orders House to Maintain Status Quo

Adeola Oladipupo (Correspondent)May 16, 2020

The House of Representatives has been ordered by a Federal High Court in Abuja to maintain status quo on the infectious disease bill which has passed second reading. The order was given by Justice Ifeoma Ojukwu, who also called on the Speaker of the House, Femi Gbajabiamila; the Attorney-General of the Federation, Abubakar Malami (SAN), the Inspector-General of Police, Mohammed Adamu and the clerk of the National Assembly to appear before the court, according to...

Africa Infrastructure News TechnologyWhy Facebook is Laying Undersea Cable Around Africa

Adeola Oladipupo (Correspondent)May 15, 2020

It is one of the most ambitious project aimed at connecting the African continent to the internet, Facebook is laying cable under the sea to interconnect 23 countries in Africa, the Middle East and Europe. The project, named 2Africa is one of the largest subsea cable projects in the world. At 37,000 kilometres long, 2Africa will be nearly equal to the circumference of the Earth. “The project is impressive for more than length alone: It...

Economy Infrastructure NigeriaEkiti Crashes Right of Way Charges on Telecoms Infrastructure

Adeola Oladipupo (Correspondent)May 15, 2020

Ekiti has become the first state in Nigeria to comply with the National Executive Council approved the right of way charges related to telecommunications infrastructure. Governor Kayode Fayemi, in an executive order, crashed the right of way charges on telecommunications infrastructure by N4,355 from N4,500 to N145. “The right of way charges related to the laying of broadband or any other telecommunications infrastructure in Ekiti State shall not exceed One Hundred and Forty-Five Naira (N145)...

Coronavirus Investing World NewsUS to Get Covid-19 Vaccine First – French Drug Maker

Adeola Oladipupo (Correspondent)May 14, 2020

Sanofi, the French pharmaceutical giant, says the United States would get its COVID-19 vaccine first before other countries if it succeeds in developing it. Paul Hudson, Sanofi’s Chief Executive Officer, told Bloomberg news that the US was the first in line to fund Sanofi’s vaccine research. “The US government has the right to the largest pre-order because it’s invested in taking the risk. I have been campaigning in Europe to say the US will get...

News Nigeria PoliticsChief of Staff Gambari: I Don’t Report Directly to the Nation

Adeola Oladipupo (Correspondent)May 13, 2020

Professor Ibrahim Gambari, the newly appointed Chief of Staff to President Muhammadu Buhari, says he reports to the President and not directly to the nation. He said this while addressing journalists following the confirmation of his appointment at the Federal Executive Council meeting on Wednesday. Responding to a question about what Nigerians should expect from him as the Chief of Staff, Mr. Gambari, according to press reports, said: “I have not started, so I will...

News Nigeria Oil & GasNNPC: 32 Pipeline-Points Malfunctioned, Vandalised in February

Adeola Oladipupo (Correspondent)May 13, 2020

The Nigerian National Petroleum Corporation (NNPC) has said that 32 pipelines in the country malfunctioned or were vandalised in February 2020. In a statement, the Corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, explained that 22 pipeline breaches, eight weld failures and two pipeline ruptures occurred in the month under review. “Mosimi area accounted for 78 percent total cases, the Port Harcourt axis 16 percent and all other routes accounted for the...

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Travel

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