FG grants energy firms

Data from the Budget Office of the Federation, in the Ministry of Finance, indicated that oil and gas firms enjoyed about N18.881 billion in waiver and exemption, while power companies enjoyed N780 million.

The Government also reiterated its commitment to tackling the epileptic power situation in the country, and addressing the issue of estimated billing. To this end, it granted N326.174 million in exemptions to two prepaid electricity meter companies, Momas Electricity Meters Manufacturing Company Limited, and Mojec International Limited, for the importation of metering facilities.

Specifically, Momas got two exemptions: the first worth N32.272 million for the importation of semi-knock down meters, one and three phase normal credit meters, one and three phase standard prepayment meters and all other related equipment.

The second exemption was N163.69 million for the importation of meter plastic machines and accessories, compression mould machine and all other meter related equipment.

On the other hand, Mojec International got N130.213 million in exemption for the importation of machinery, equipment and components for single and three phase pre-paid meters.

Indorama Eleme Fertilizer and Chemicals Limited accounted for 53.4 per cent of the total waivers and exemption granted to energy firms in the period under review, with a total of N10.5 billion.

Specifically, Indorama enjoyed a N6.96 billion waiver for the importation of the machinery, equipment and spare parts for the utilisation of Nigeria natural gas to bring about an increase in power generation.

The company was also granted a N3.54 billion waiver for the importation of fertiliser equipment, catalysts and chemicals, pile and spare parts among others.

Chevron Nigeria Limited followed, enjoying a waiver of N4.88 billion for the importation of machinery, equipment and spare parts for Escravos Gas to Liquids (EGTL) and a host of other pipelines.

United Cement Company of Nigeria got N1.969 billion in exemption for the importation of machinery, equipment and spare parts aimed at boosting natural gas utilisation and power supply. NIPCO Plc got N1.087 billion in exemption for the importation of machinery, equipment and spare parts.

Other energy firms that got waivers and exemptions in the period are: Green Fuels Limited — N14.37 million for the importation of machinery, equipment and spare parts for compressed natural gas to Independent Power Plants (IPPs), and Edo Cement Company Limited — N240 million for the importation of gas generators, plants, machinery, equipment and spare parts.

Accugas Limited got N30.87 million in exemption for machinery, equipment and spare parts for pipeline; Exterran Nigeria Limited got N66.09 million in exemption for the acquisition of natural gas powered compressors and spare parts, while Procter and Gamble got N29.754 million in exemption for machinery, equipment and spare parts.

- See more at: http://www.vanguardngr.com/2014/10/fg-grants-energy-firms-n20bn-waivers/#sthash.KHBwBKf4.dpuf

Federal Ministry of Works building in Lagos on fire

fire started from the R&A section on the ground floor of the two-storey building at about 6:30p.m.

Sources said the staff had closed for the day before the fire started.

Eyewitness said that no fewer than three offices were gutted by the fire, which lasted for over an hour, before it was put out by a combined team of the Federal Fire Service and their state counterpart.

Confirming the fire incident to Vanguard, the Director of Lagos State Fire Service, Mr. Rasak Fadipe, blamed the cause of the fire on power surge in an air conditioner in the office.

Fadipe said: “Immediately we received the call, fire trucks were deployed to the scene.”

He explained that the building was divided into two wings, adding that the fire affected the right wing on the ground floor.

He said: “The fire started from the R&A office and damaged property inside. The fire later spread to two other offices.

“It was the prompt effort of the fire service officials that prevented the fire from spreading to other floors in the building.”

He lamented that the fire touched the second floor, but did not damage any property.

The Information Officer, Mr. Ibrahim Farinloye, also said: “The fire affected part of the ground floor that housed Federal Ministry of Works and Bank of Industries (Cooperatives section).

“The fire was put off at about 7p.m. There were no casualties and no one was injured.”

Brand Wars Part 2 - Etisalat, Airtel & Glo finally hit back

Etisalat finally comes out with their own Mobile Network Portability switch ad, note the switch arrow towards the end of the ad. 

Check out Airtel and Glo ad after the cut...

Latest Film Release - In Iredu, an Epic African Short Film

In Iredu is an epic African short film adaptation of Macbeth directed and produced by young Nigerian film makers and is to distributed free.

We would sincerely appreciate your support of our work on your platform and do hope you and your audience enjoy our little contribution to the Nigerian film industry.

Film release date would be communicated next week in the mean time do enjoy the official In Iredu teaser and more photos after the cut...

Let the Brand Wars Begin - MTN vs Etisalat

Let the brand wars begin...

The main character in this MTN ad was until recently a very prominent ambassador for the competition Etisalat who featured in most of their ads...

Its all started here:Etisalat

and moved here:
MTN

see the MTN ad after the cut

Wedding gift from Senate President David Mark to Mr. & Mrs Idibia

 

The card on the car clearly says 'wedding gift from Senator David Mark', but the senate president's senior adviser on media, Kola Ologbondiyan, has released a statement denying it. Ologbondiya said:

Senator Mark did not visit Dubai for Tuface wedding rather he attended the 128th Inter parliamentary Union (IPU) conference currently holding in Quito, Ecuador. He was also not represented at Mr. Idibia's wedding. It is also instructive to state that the President of the Senate, Senator Mark, did not make a car donation of any kind to Tuface before departing Nigeria for Ecuador neither did he purchase nor send any car to Dubai as a wedding gift for the musician or his wife. Who made the donation on behalf of the President of the Senate?

It is therefore a puerile lie for anybody to state that Senator Mark bought a Ferrari car worth N47m for Tuface. The allegation is wicked, ridiculous and irresponsible. 

Signed: Kola Ologbondiyan
Special Adviser, Media & Publicity to the President of the Senate David Mark

The Chevy Corvette is worth about N7m and if the Senate president says he didn't buy it, then we should give him the benefit of doubt. I doubt a man of his caliber will buy a wedding gift and then publicly deny buying it. I'm sure 2face Idibia's team will address this when they get back from Dubai.

Photos from 2face and Annie Idibia's Wedding

Photos from 2Face and Annie Idibia's wedding.

More photos of the venue and celebrities present at the wedding after the cut...

Kenya team train on dusty ground in Lagos

 

The Harambee  of Kenya training at the Ajao Estate Primary School ground ahead of the qualifiers match against the Super Eagles of Nigeria.

Subsequent reports revealed that they received a poor welcome at the airport on Wednesday, were also told their flight to Calabar where the match is scheduled to hold tomorrow had already left, then were lodged apparently in a 2 star hotel without security. 

Upcoming Artiste, IJ Exclusive - Celebrate. Listen and Enjoy!

 

Upcoming Nigerian Gospel Artiste - IJ Exclusive with the song titled Celebrate.

Listen to more songs from this inspirational artiste after the cut.

Nigeria's Veteran Poet Chinua Achebe Dies at 82

 

Novelist, poet, professor and the author of the most widely read book in African literature (Things Fall Apart) Professor Chinua Achebe, has passed on. He died last night March 21 in a hospital in Boston, Massachusetts. He had been ill for a while. He was 82 years old.

My Oga At The Top Video... Lol

 

The Lagos State Commandant of the Nigerian Security and Civil Defence Corp (NSCDC) Obafaiye Shem has said that he has never visited his organisation's website.
Speaking as a guest on Channels Television's breakfast programme, Sunrise Daily, Mr Shem said the website opened by impostors to defraud unsuspecting job seekers would be automatically closed.
 Asked to mention the NSCDC's web address, Mr Shem said "I cannot categorically tell you one now." Probed further to name the organisation's website, the commandant said the address is: www.nscdc.
 A Channels Television's reporter checked the web address and noticed that it was incorrect. Further search on the internet showed that the correct web address for the Civil Defence Corp is www.nscdc.gov.ng 

Sales Officer, Business Development Officer, Credit Officer, and Marketing Officer

Exciting Career Opportunities in Private Public Partnership Organisation.

We are a newly established Private Public Partnership Organisation focusing on Energy, Investment, Real Estate and Property Development and Agriculture with Head office in Osogbo Osun State. As part of Plan to become leaders in the field of our Practices, we seek to recruit Individuals that are focused, Energetic, Result – Oriented to fill the position of:

Sales Officer, Business Development Officer, Credit Officer, and Marketing Officer

• Reports to the respective Manager and Executive
• Must have at least two years experience in sales and marketing.
• HND/Bsc in any discipline.

Marketing Executive, Business Development Executive and Credit Executive

Exciting Career Opportunities in Private Public Partnership Organisation.

We are a newly established Private Public Partnership Organisation focusing on Energy, Investment, Real Estate and Property Development and Agriculture with Head office in Osogbo Osun State. As part of Plan to become leaders in the field of our Practices, we seek to recruit Individuals that are focused, Energetic, Result – Oriented to fill the position of:

Marketing Executive, Business Development Executive and Credit Executive

• Reports to the Business Director
• Coordinates sales and marketing activities
• Credit executive must have knowledge in Credit management in any financial institution.
• Minimum of three years working experience
• HND/Bsc in any discipline

Sales Manager Urgent Vacancy

Exciting Career Opportunities in Private Public Partnership Organisation.

We are a newly established Private Public Partnership Organisation focusing on Energy, Investment, Real Estate and Property Development and Agriculture with Head office in Osogbo Osun State. As part of Plan to become leaders in the field of our Practices, we seek to recruit Individuals that are focused, Energetic, Result – Oriented to fill the position of:

Sales Manager

• Reports to the Business Director
• Develop Petroleum Retail Outlets.
• Coordinates and Drive the sales force.
• Minimum of five years working experience.
• A good degree in sales or marketing and related fields.

Suppliers Relationship Executive Urgent Vacancy

Exciting Career Opportunities in Private Public Partnership Organisation.

We are a newly established Private Public Partnership Organisation focusing on Energy, Investment, Real Estate and Property Development and Agriculture with Head office in Osogbo Osun State. As part of Plan to become leaders in the field of our Practices, we seek to recruit Individuals that are focused, Energetic, Result – Oriented to fill the position of:

Suppliers Relationship Executive

• Reports to the Finance director
• Relates with all contractors, suppliers, service providers etc.
• Good knowledge of supply chain, and contractor management and sourcing.
• Three years working Experience
• Minimum of HND/Bsc in related fields