Tue. Sep 28th, 2021

BUSINESS NEWS.

The Federal Government has halted its plan to privatize Nigeria’s refineries following demands by the Nigerian National Petroleum Corporation to allow the Corporation revamp the dormant facilities.

The Director-General, Bureau of Public Enterprises, Alex Okoh, who spoke to Journalists in Abuja while presenting updates on the Bureau’s 2021 Work Plan, said all the refineries under the NNPC Management were in various stages of non-production.

The Director General of the Nigerian Maritime Administration and Safety Agency, Dr. Bashir Jamoh, says that the Agency has trained thirty men across the Nigerian Security Services internationally and locally to man the Special Mission Vessels recently deployed for the security of the Gulf of Guinea.

The Director General who spoke through the Agency’s Executive Director, Operations, Mr. Shehu Ahmed, said the effort marked a significant addition to the team of competent personnel manning assets under the Maritime Security scheme.

And for official exchange rate, Dollar exchanged at four hundred and nine Naira, Pounds five hundred and sixty-six Naira while Euro is four hundred and eighty-four naira.

At the parallel Market, Dollar goes for four hundred and ten Naira, Pounds five hundred and sixty-seven Naira and Euro four hundred and eighty-five Naira.

Leave a Reply

Your email address will not be published. Required fields are marked *