Connect with us

NEWS

Ekpoma Traders Suffer Losses As Fire Devastates Market

Published

on

Ekpoma Traders Suffer Losses As Fire Devastates Market
Fire

A fire broke out in Ekpoma main market in Edo State, resulting in the destruction of over 10 shops and causing millions of naira in losses for traders on Sunday.

According to a trader who spoke on condition of anonymity, the fire started due to a wire that sparked when electricity was restored in one of the shops.

The trader also credited the efforts of neighbors in containing the fire, stating that the loss could have been even greater if not for their intervention.

However, Prof. Jude Obasanmi, a lecturer at Ambrose Ali University, gave a different account of the incident, stating that a woman in the market started a fire in some refuse, which then spread to the nearby shops.

Obasanmi also expressed concern about the lack of a fire service presence at the market, noting that Benin City is the only place in the state where the fire service operates.

When contacted for information on the cause of the fire and efforts to extinguish it, the control room of the Edo State Fire Service provided the number of an officer in Ekpoma.

However, attempts to reach the police were unsuccessful as the number was switched off. It was later learned that only one firefighting truck was available in the state and it was stationed at Ring Road in Benin.

2 Comments
0 0 votes
Article Rating
Subscribe
Notify of
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
OligioX ที่ไหนดี?

350500 592634Do you mind if I quote a couple of your posts as long as I give credit and sources back to your web site? My weblog is in the exact exact same region of interest as yours and my visitors would truly benefit from some of the data you give here. Please let me know if this ok with you. Thanks! 208591

롤토토
9 months ago

933158 666148Paper rolls quite excellent read you know alot about this subject i see! 978615

NEWS

‘Ready to Kick, Ready to Work’ — Tinubu Addresses Health Rumours

Published

on

President Bola Ahmed Tinubu has declared that he is healthy, sound and ready to resume work after returning to Nigeria from his four-week working vacation in Europe.

Tinubu made the remarks on Tuesday shortly after arriving in Lagos from Paris, France, where he spent the final part of his vacation.

SEE MORE: Tinubu Departs Paris for Lagos, Set for Abiola Tribute

Speaking briefly after his arrival, the President said he enjoyed the break before assuring Nigerians of his readiness to return to official duties.

“I enjoyed myself,” Tinubu said.

On his readiness to resume work, he added: “Ready to kick, ready to work. There’s nothing wrong.”

The President also addressed rumours surrounding his wellbeing, attributing such speculation to the political environment.

“Well, rumour will always be emanating from politics, but the fact remains I’m here—healthy, sound, and ready to go,” he said.

Tinubu arrived at the Presidential Wing of the Murtala Muhammed International Airport in Lagos at about 6:22 p.m. on Tuesday, marking the end of his European working vacation.

His return comes ahead of Nigeria’s 66th Independence Anniversary on October 1, with the President expected to participate in activities marking the occasion in Lagos.

The Presidency had earlier said Tinubu would remain in Lagos for several days for Independence Day engagements and strategic meetings before returning to Abuja.

Tinubu departed Nigeria on August 30 and spent time in London and Paris during the trip, while continuing official engagements.

Continue Reading

NEWS

‘People Never Believed NDDC Could Do This’ — Ogbuku Highlights Kaa-Ataba Bridge

Published

on

The Managing Director and Chief Executive Officer of the Niger Delta Development Commission (NDDC), Samuel Ogbuku, has highlighted the completion of the 1.2-kilometre Kaa-Ataba Bridge in Rivers State as evidence of the Commission’s growing capacity to deliver major infrastructure projects across the Niger Delta.

Ogbuku spoke at the 2026 NDDC Partners for Sustainable Development Conference in Port Harcourt, where he attributed the Commission’s progress to the support and cooperation of its development partners and other stakeholders.

SEE MORE: Otti Commends NDDC, Charges Team Abia To Dominate NDSF

The Kaa-Ataba Bridge links Khana and Andoni Local Government Areas of Rivers State and is expected to improve connectivity between the communities when opened to vehicular traffic.

According to Ogbuku, the project is among developments that many previously considered beyond the capacity of the NDDC.

“These are things that, in the past, people never believed the NDDC could do. Today, we are doing them seamlessly because of the support we are getting,” he said.

The NDDC boss said the progress recorded by the Commission demonstrated the impact of collaboration between the agency and its development partners.

He thanked stakeholders, President Bola Ahmed Tinubu, the National Assembly and the Minister of Regional Development for their support and encouragement towards the delivery of projects across the Niger Delta.

Ogbuku said the achievements also underscored the importance of collective responsibility, in line with the theme of the 2026 conference, “Synergy for Transformation.”

 

Continue Reading

NEWS

‘Some Lessons for Atiku’ — Onanuga Touts NNPC’s ₦7.2tn Profit, Warns Against Subsidy Return

Published

on

Presidential spokesman Bayo Onanuga has highlighted the Nigerian National Petroleum Company Limited’s (NNPC Ltd) latest financial and operational performance, saying the figures offer “some lessons for Atiku” amid the debate over fuel subsidy.

Onanuga disclosed this in a post on X on Tuesday while reviewing NNPC’s key financial performance for 2025 following the release of the company’s audited results.

According to him, NNPC’s earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 22 per cent to ₦18 trillion, while earnings per share increased by 32 per cent to ₦35.9.

ALSO READ: ‘We’ll Bring Back Subsidy in Our Own Way’ — Kwankwaso

He said the company’s operating cash flow also grew by 16 per cent to ₦12.8 trillion, while return on equity improved by 200 basis points to 16 per cent.

Onanuga further noted that NNPC declared a ₦5.8 trillion dividend, representing a 35 per cent increase.

Highlighting the company’s operational performance, he said crude oil and condensate production averaged 1.77 million barrels per day, its highest level in five years.

Natural gas output, he added, averaged 7.2 billion standard cubic feet per day, representing a three-year high.

Oil and condensate production totalled 565.8 million barrels, up five per cent, while NNPC’s equity share increased by 11 per cent to 223.7 million barrels.

Gas production also reached 2,606.2 billion standard cubic feet, up nine per cent, while the company’s equity share rose by 11 per cent to 1,154.9 billion standard cubic feet.

Onanuga then linked the performance to the subsidy debate, arguing against a return to petrol subsidy.

“Atiku’s subsidy programme will certainly kill this company, which could be our own Aramco. Our country has no business taking 100 steps back. Forward ever!” he said.

NNPC Records ₦7.2tn Profit

NNPC Ltd had earlier announced a 33 per cent increase in profit after tax for the financial year ended December 31, 2025.

The company’s profit after tax rose from ₦5.4 trillion in 2024 to ₦7.2 trillion in 2025, while revenue stood at ₦34.5 trillion.

NNPC also reported a 22 per cent increase in EBITDA to ₦18 trillion, a 16 per cent rise in operating cash flow to ₦12.8 trillion and a 32 per cent increase in earnings per share to ₦35.9.

The company declared a ₦5.8 trillion dividend, representing a 35 per cent increase.

On production, NNPC said crude oil and condensate output averaged 1.77 million barrels per day, its highest level in five years, while natural gas production averaged 7.2 billion standard cubic feet per day.

The company said the results reflected stronger earnings capacity and operational momentum as it continues to pursue increased production and investment across the Nigerian oil and gas sector.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

2
0
Would love your thoughts, please comment.x
()
x