Category: West Africa
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Nigeria:Shell declares force majeure on Bonny Light
Shell’s Nigerian unit has declared force majeure for Bonny Light crude oil liftings due to a shutdown of a Niger Delta pipeline following a leak, a statement said on Friday. The declaration comes just over a month after the company ended its most recent new force majeure on Bonny Light after repairing another a leak…
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Mali:13,000 ‘ghost’ workers costing Mali $50 mln
Mali, one of the world’s poorest countries, has identified 13,000 fictitious workers on the state payroll who had cost a total of 30 billion CFA francs ($50 million), according to the information minister. A source in the West African state’s finance ministry told Reuters on Saturday these were mostly workers who had either died or…
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Nigeria:Power firms to shut off if bills are not paid
Nigeria’s largest electricity companies will shut down power supplies unless the government pays longstanding bills it owes them and improves gas supplies, a joint statement said on Wednesday. In 2013, Nigeria — famous for blackouts — started selling parts of its moribund state electricity firm, in a privatization that was meant to improve power supplies…
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Nigerian protesters demand jobs, block entrance to Chevron facility
Protesters blocked the entrance to a Chevron oil facility in Nigeria’s restive Niger Delta on Wednesday, demanding jobs and housing, a protest leader said. “Chevron has not fulfilled many of its promises,” said Collins Edema, a youth and protest leader in the Ugborodo Itsekiri community in Delta state, home to Chevron’s Escravos oil depot. Edema…
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Northeast Nigerian farmers need urgent help
Farmers in Nigeria’s crisis-hit northeast urgently need help to start growing crops again, the U.N. food agency said on Tuesday, warning that a failure to get people back on their feet could open the door to radicalisation. An insurgency by Boko Haram militants in Borno, Yobe and Adamawa states disrupted fishing, farming, cattle breeding and…
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Nigeria: OPEC Predicts Rise in Crude Oil Price Next Month
The Organisation of Petroleum Exporting Countries, OPEC, yesterday said it was confident that the prices of crude oil would rise by next month as against the current low prices at the International market. OPEC’s President, Mohammad Al-Sada, contended that the rise would be as a result of expected higher demand ahead of the winter season…
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Nigeria: Pensioners Ground Activities in Benin Over Alleged Non-Payment of Arrears
For the second time in one week, pensioners in Edo State have grounded commercial actives at Kings Square and other adjoining streets in protest against the non-payment of their pension arrears ranging from 10 to 42 months. The pensioners, who brandished placards with inscriptions, such as “Edo State retirees of 2013, 2014, 2015 and 2016…
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Nigeria: 14 Airlines Close Shop Amid Forex Hike
No fewer than 14 airlines have withdrawn their services from the country due to low patronage on account of the economic recession. The airlines, including Iberia, United Airlines and Air Gambia, are among the 50 that operated the Nigerian routes some months ago. Besides, foreign airlines operating in the country are estimated to have lost…
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Delta Air Lines grounds flights
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Delta Air Lines said early Monday that all of its departing flights have been grounded by a global computer system outage. “Our systems are down everywhere,” it tweeted in response to disgruntled customers. Delta (DAL), the world’s second largest airline, said the problem is a power outage at its Atlanta hub, starting at about 2:30 a.m.…
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Nigeria: Stop Selling Tickets in Foreign Currencies, NCAA Warns Airlines
The Nigerian Civil Aviation Authority (NCAA) has warned all airlines selling flight tickets in foreign currencies in Nigeria to desist from the practice forthwith. The NCAA issued the warning in a statement issued by its Acting General Manager, Public Relations, Mr Sam Adurogboye, in Lagos on Sunday. The statement said the act contravened the Central…