Indigenous firm to build N25.8bn new modular refinery in Lagos

An indigenous company, Integrated Oil and Gas Ltd., has been given initial license to commence preliminary work for a 20,000 capacity modular refinery in one of the islands on the coast of Lagos. RefineryThe refinery is expected to gulp between $75 – $250 million, Chief Executive Officer, CEO, of the company, Capt. Emmaneul Ihenacho, said.Ihenacho, who stated this in...

Lagos light rail will be functional by December – Akinwunmi Ambode

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday restated his administration’s commitment to ensure that the Blue Line of the Light Rail Project is up and running by December 2016.Governor Ambode, who spoke at the 5th Lagos Corporate Assembly, a forum for public-private sector engagement held at the Banquet Hall of Lagos House, Ikeja, while responding to questions from...

Nigeria unnecessarily lagging behind in development — Prof Kalu

Professor Dike N. Kalu, author of  Nigeria’s Adventures in Technology, is Professor Emeritus at the University of Texas Health Science Center, USA. In this chat with Ebele Orakpo of Vanguard during his recent visit to Nigeria. What motivated you to write Nigeria’s Adventures in Technology? I have always been interested in technology. My field is in science,  and the fruit of science is...

Petroleum engineers seek utilisition of domestic gas

The Society of Petroleum Engineers (SPE) Nigerian Council has urged the Federal Government to encourage operators in the oil and gas industry to promote the utilisation of domestic gas.The engineers said gas production has been export-focused with only 15 per cent going into the domestic market, adding that out of 4000 kilometres of gas pipelines in Nigeria, only a...

Engr Ugochukwu Nzurumike investiture Programme as the 12th NIMechE National Chairman Begins In Warri

  On Saturday 13th 2016, The Nigerian Institution of Mechanical Engineers, a Division of Nigerian Society of Engineers would be inaugurating its 12th  National Chairman, Engr N.P. Ugochukwu Nzurumike, FNSE, FNIMechE, at the  PTI Conference Centre, Effurun-Warri. He would be taking over officially from Engr Professor Adisa Ademola Bello, FNSE, FNIMechE who served the Institution meritoriously in the last two years.    Engr Nzurumike is a graduate of Mechanical Engineering from Federal University...

Engr Otis Anjaeji leads Engineers on courtesy visit to Nigerian Vice President, Prof. Yemi Osinbajo

President of the Nigerian Society of Engineers, Engr. Otis Anyaeji, FNSE, FAEng, led a delegation of senior engineers on an official visit to the Vice President of the Federation, Prof, Yemi Osinbajo, GCON.The meeting was at the instance of the NSE President who sought an opportunity to present NSE’s position on key national issues to the Presidency.After observing the...

Babatope Agbeyo Invents Patented Multipurpose Mathematical Set

Without contradictions, Nigeria is adjudged as the giant of Africa considering her vast demography and massive population. Despite these known endowments, the country does not have a globally recognized product to its name.babatopeHowever, turning the tide for good, Mr. Babatope Agbeyo, CEO of Cornfield Transnational Limited, a parent company to Media Concept International and Botosoft Technologies recorded a major...

NSE President Otis Anyaeji and COREN President Khashim Ali strategise on Nigerian Engineering Development

The Nigerian Society of Engineers, NSE President, Engr Otis Anyaeji FNSE and the President, Council for the regulation of engineering in Nigerian, COREN, Engr Kashim Ali, FNSE, mni recently hold a join working meeting in Abuja headquarter of COREN when the former paid a courtesy visit to the Council.    A lot of issues regarding development of engineering in Nigeria were...

‘$4.5b Ajaokuta Steel Mill ‘ll be completed this year’ – Dr Fayemi

Nigeria is aiming to hand over the $4.5 billion Ajaokuta steel complex to private operators this year as part of a plan to kick start its industrial and mining industries, Minister of Solid Minerals Development Dr Kayode Fayemi has said.Construction of Ajaokuta, which lies on the Niger River and was supposed to have an installed capacity of 5 million...

Good News: Nigeria Savings from fuel subsidy removal rise to N647m daily

Nigeria is currently saving N647.2 million daily from the suspension of subsidy on Premium Motor Spirit, also known as petrol. At the current price of N86.50 per litre in petrol stations across the country, the country is making an extra N16.18 per litre. The Federal Government had stated that this extra saving was kept in an escrow account to...

Technology startups to enjoy tax holiday in Nigeria

 Information Communications and Technology (ICT) industry across the country are to enjoy tax holidays and special intervention funds from the federal government. This is to enable them to meaningfully help government to realize the creation of three million jobs targeted by 2018. The Minister of Communications, Adebayo Shittu, and Afolabi Imoukhuede, Senior Special Adviser, SSA to the President on Job...

NICE presents Road Network Design of Kiriji War Site to Aregbesola, as the Gov promises full implementation

The Governor of the state of Osun, Ogbeni Rauf Aregbesola has disclosed his administration’s resolve to resuscitate the dearth status of the state’s tourist centres. Governor Aregbesola said the current excruciating economic system remains a sacrosanct wake up signal for every serious government to look beyond the crude oil revenues. Governor Aregbesola made the disclosure while playing a host on...

More people use Facebook in Nigeria than anywhere else in Africa

 As internet use in Nigeria has shot up in the last five years, so has the use and popularity of social media platforms. New data shows Facebook remains a popular choice for Nigerians as 16 million people in Africa’s most populous country visit the social media platform every month.Nigeria is still Facebook’s biggest market on the continent. Last year...

LIST of 7 Traffic Offences That May Land You In Jail in Lagos

The state government last Friday inaugurated five Mobile Court buses for road traffic offenders, with a pledge to end impunity on the roads.The Chief Judge of the State, Justice Olufunmilayo Atilade‎ and the State’s Attorney General, Kazeem Adeniji, restated their commitments to ridding Lagos of recklessness and impunity on the roads at the inauguration.Under the Lagos Traffic Law of...

Who is Engr Hauwa Muhammed Sadique, the new Nigerian Women Engineers’ President?

On  18th February 2016, The Association of Professional Women Engineers in Nigeria would be inaugurating their 14th President in Abuja at NAF Conference Centre & Suites, Abuja. She would be taking over from Engr Nnoli Akpedeye, a seasoned energy expert who left many memorable moments in the anal of the Association. Founded by about six (6) professional women engineers led...