Oil and Gas Free Zones Authority Nigeria

Business

Our Disagreement With Intels Is On Operational Matters, Not Politics – Umana

INTERVIEW In recent times, the management of Nigeria’s oil and gas logistics giant and port concessionaire, Intels Nigeria Limited (INL) has been tackling the country’s Oil and Gas Export Free Zone Authority (OGFZA) over refusal to renew its licence, alleging that the action of the Authority has something to do with politics of 2019. But in this exclusive interview with ...

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Why Intels’ Sister Firms Lost Work Visas – FG

ABUJA — Contrary to insinuations that the Federal Government cancelled the work permits of expatriate workers of Intels and its affiliates, government, yesterday, provided evidence to prove that the action had no political undertones.   INTELS   According to government, the action was based strictly on extant laws guiding operations of the nation’s Export Free Zones.   Documents exclusively obtained ...

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APPLE BEGINS SALE OF ROBOTS BUILT BY SILAS ADEKUNLE

By Ofonime Iboro Apple stores in the UK and US have started the sale of Mekamons, a gaming robot built by Silas Adekunle, a Nigerian-British citizen. Silas Adekunle, who is an engineer, graduated with first class honours from the University of the West of England in Bristol, with a bachelor of science in robotics technology. He was born in Nigeria, ...

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Stanbic IBTC Pension Managers Ltd Pays Over N279 Billion to Retirees

Affirming its status as Nigeria’s largest Pension Fund Administrator (PFA), Stanbic IBTC Pension Managers Limited has paid over N279 billion to retirees since its inception in 2006.   Between January and June this year, over 5,000 new retirees also received their benefits from the PFA increasing the number of individual retirement savings account (RSA) holders nationwide with it to over ...

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OGFZA’s Key Concerns Top Talks at Global Trade Summit

Four key issues in trade and investment that are central to the development plan of the Federal Government and the Oil and Gas Free Zones Authority (OGFZA) were on the front burner at this year’s Global Trade Development Week (GTDW), a World Trade Organisation (WTO) conference on trade facilitation and development, which held in Dubai, United Arab Emirates, from 30 ...

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Oil, Gas Free Zones Should Be Linked by Rail – Umana

INTERVIEW The Managing Director, Oil and Gas Free Zones Authority, Mr. Umana Umana, speaks about the role of oil and gas free zones in economic development in this interview with ‘FEMI ASU QUESTION: What is the current state of the oil and gas free zones in the country? UMANA: We have a number of free zones dedicated to oil and ...

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More Nigerians Registered Under the Pension Scheme

More Nigerians Registered Under the Pension Scheme By Folakemi Emem-Akpan There are no more Nigerians registered under the pensions scheme in the third quarter of 2017 than there were in the second quarter of the year. According to the newly released Pension Asset and RSA Membership Data, 7,710,564 workers are currently registered under the pension scheme, as compared to 7,589,936 ...

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