Telecom companies decry increasing tax burden, seek clarification on EIA
Telecommunications companies plying their trade in Nigeria, have cried out once again over what they described as, increasing tax burdens on their shrinking business.
Industry bigwigs list measures to improve ease of doing real estate business
In apparent bid to overcome obstacles limiting Federal Government’s ease of doing business in the real estate sector, global experts and bigwigs met in Lagos at the weekend to review its implementation in the industry. They agreed that the World Bank’s Ease of Doing Business index has impacted positively on the market, but a lot…
Group seeks audit of Yinka Ayefele’s demolished property
The Building Collapse Prevention Guild (BCPG) Oyo State Chapter, has warned against the continue use of the partly demolished building in the state which houses a radio station belonging to ace broadcaster and musician, Yinka Ayefele . The group called for a comprehensive Environmental Impact Audit (EIA) on the building together with required Health, Safety…
Nigeria’s net revenue lowest among OPEC members
Nigeria’s oil receipts are currently the lowest among members of the Organisation of Petroleum Exporting Countries (OPEC) with capita net put at $132 per citizen.
70 percent of companies in Cross River operate without EIA, experts say
Environmental experts have disclosed that over 70 percent of companies in Cross River State do not have Environmental Impact Assessment (EIA) plan.
102 global oil firms earn $4.8b in Q3 2016
About 102 global exploration and production oil companies earned almost $4.8 billion from upstream production during the third quarter Q3 of 2016.
Group urges review of EIA Act
According to ERC’s founding Director, Mr. Keith Richards, there is need for review to include strong punitive actions against companies and individuals who violate Environmental Impact Assessment Act.
Nigeria, others record lower refinery earnings
Global refinery earnings were lower in second-quarter of 2016 compared with the same period last year and are converging among different locations globally, according to the U.S. Energy Information Administration.
PIB delay, low oil prices impede Nigeria’s 1.124m bpd projects
Planned projects in Nigeria, which are expected to add about 1.124 million barrels per day to the country’s crude oil production, have either been deferred or suspended due to the low crude oil prices and the delay in the passage of the Petroleum Industry Bill (PIB).
Cross River communities reject EIA report on road project
The Ekuri communities in Cross River State, on Friday protested against the report of Environmental Impact Assessment (EIA) on the construction of a super highway in the state.The protesters, including women and children, rejected the report and urged the Federal Government...