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The Central Bank Governor, Olayemi Cardoso, has said Nigeria is considering launching a diaspora bond in the United States as part of its strategy to achieve monthly remittance inflows of $1bn. The CBN chief disclosed this during an interview with Reuters on Thursday, held on the sidelines of the ongoing IMF/World Bank autumn meetings in
Timothy Mgbere, the Secretary of the Alesa community stakeholders, has claimed that the petroleum products loaded from the recently revived Port Harcourt Refinery were not newly refined but petrol products left in the storage tank of the facility in the last three years. Mgbere disclosed this during his appearance as a guest on Arise TV
Port Harcourt Refinery: Host community leader, Mgbere claims NNPCL lied to Nigerians
Timothy Mgbere, the Secretary of the Alesa community stakeholders, has claimed that the petroleum products loaded from the recently revived Port Harcourt Refinery were not newly refined but petrol products left in the storage tank of the facility in the last three years.
Mgbere disclosed this during his appearance as a guest on Arise TV on Thursday, noting that the Nigerian National Petroleum Company Limited told Nigerians many lies about the revived refinery.
He also alleged that the refinery only loaded six trucks on Tuesday, despite reports that 200 trucks would pick up petrol from the refinery daily.
Mgbere further dismissed NNPCL’s position that the Port Harcourt refinery operation commenced on Tuesday with 1.4 million barrels per day of crude processing.
“I will give them the credit that at least they have started something, but not to say, according to the Head of Corporate Communication of the NNPC Limited, Femi Soneye, like it is in the media that they are already producing 1.4 million barrels per day. That’s not the case. That’s not true.
“As an agency that is holding the oil industry in trust for Nigerians, they shouldn’t put out some of this information that is not true.
“They went there because the storage facility for the old refinery had some stock— old stock that has been there for over three years.
“And so what they had, they released that stock, and then loaded six trucks and then televised it to Nigerians that it is the production from the old refinery. That’s not true.
“The product was not a new refined product from the old refinery,” he stated.
DAILY POST recalls that on Tuesday, NNPCL announced the commencement of petroleum product production at the Port Harcourt Refinery.
Consequently, it announced that it has begun trucking out petroleum products.
On Tuesday, Sunday Dare, a presidential spokesperson, said about 200 trucks were ready to load Port Harcourt Refinery’s petroleum products.
Port Harcourt Refinery: Host community leader, Mgbere claims NNPCL lied to Nigerians
The death toll has climbed to 37 after Hurricane Helene, one of the most powerful storms to strike the United States, made landfall in Florida as a Category 4 hurricane before being downgraded to a tropical storm. The hurricane, with wind gusts reaching 140 mph (225 km/h), caused widespread destruction across Florida and other southeastern
Death toll rises to 37 after hurricane Helene hits Florida
The death toll has climbed to 37 after Hurricane Helene, one of the most powerful storms to strike the United States, made landfall in Florida as a Category 4 hurricane before being downgraded to a tropical storm.
The hurricane, with wind gusts reaching 140 mph (225 km/h), caused widespread destruction across Florida and other southeastern states.
North Carolina emergency management officials confirmed the latest casualties and issued urgent evacuation warnings below the Lake Lure dam, which was feared to be on the verge of failure.
However, later updates indicated the dam was still holding, though its structural integrity remained compromised. Evacuations continued as a precaution.
Earlier in the day, authorities posted a dire warning on social media: “RESIDENTS BELOW THE LAKE LURE DAM NEED TO EVACUATE TO HIGHER GROUND IMMEDIATELY!! DAM FAILURE IMMINENT!!”
However, state officials later clarified that there was no immediate indication of dam failure.
As Helene moved inland, it left a trail of devastation. In Florida’s Big Bend region, the hurricane made landfall late Thursday night with 140 mph winds and a 15-foot storm surge, flooding homes up to their rooftops and causing widespread destruction.
Millions of people across Florida, Georgia, the Carolinas, and Virginia are currently without power.
Florida Governor Ron DeSantis confirmed two deaths in the state, including a driver who was killed when a sign fell on his vehicle in Tampa. Five more fatalities were reported in Pinellas County.
In Georgia, 11 people lost their lives, including two killed in a trailer crash, while South Carolina reported at least 17 deaths, many caused by falling trees.
Nigeria’s First Lady, Oluremi Tinubu, and the APC national women leader, Mary Idele-Alile, have decried the low level of women in Nigeria’s political space. Speaking at a political event themed ‘Empowering APC women for leadership and nation building’ in Abuja on Saturday, Tinubu called on Nigerian women to rally around other women seeking elective positions,
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Nigeria’s First Lady, Oluremi Tinubu, and the APC national women leader, Mary Idele-Alile, have decried the low level of women in Nigeria’s political space. Speaking at a political event themed ‘Empowering APC women for leadership and nation building’ in Abuja on Saturday, Tinubu called on Nigerian women to rally around other women seeking elective positions,