Nigeria is home to a range of incredible attractions, but many sites remain difficult to access due to poor infrastructure and neglect. China's infrastructure agreements with Nigeria could change this, paving way for a more accessible tourism sector through road, energy, and railway projects.
Tuesday, October 22, 2024
Video - Nigeria tourism stakeholders welcome Chinese infrastructure investment
Video - Libya blames Nigeria for abandoned AFCON clash in Benghazi
The Libyan Football Federation says the flight delays that affected the Super Eagles, which ultimately led to the abandonment of their fixture in Benghazi, were caused by routine air traffic and logistical challenges rather than deliberate foul play. The federation also highlighted the fact that the Mediterranean Knights of Libya also faced challenges after arriving in Nigeria for their 2025 Africa Cup of Nations qualifier last week.
Related story: Video - Nigerians react to abandoned AFCON clash against Libya
Nigeria Football team boycotts Africa Cup qualifier after being stranded at Libya airport
Nigerian drivers face hurdles in the transition to natural gas-powered vehicles
Nigerian authorities plan to convert 1 million gasoline-engine vehicles to run on cheaper, cleaner compressed natural gas, or CNG, by the year 2027. Nigeria has some of the largest gas reserves in the world. But with only a few CNG filling stations available in the country, many who have converted the vehicles are facing a new challenge. Timothy Obiezu reports from Abuja.
Nigeria approves Exxon-Seplat deal after more than two years
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy, the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
The sale had been under scrutiny as it awaited regulatory approval since it was first announced in February 2022.
President Bola Tinubu said on Oct. 1 the deal would receive ministerial approval in a matter of days after getting clearance from the regulator.
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) CEO Gbenga Komolafe said on Monday at an event in the capital Abuja that the ministerial approval had been granted.
Under the deal, Seplat will own 40% of four oil mining leases and associated infrastructure, including the Qua Iboe export terminal, and 51% of Bonny River natural gas liquids recovery plant previously owned by Mobil Producing Nigeria Unlimited, Exxon's local unit.
Oil majors operating in Nigeria - Africa's largest oil exporter - have been retreating from onshore operations hampered by theft and sabotage, opting to focus future investments on newer and more lucrative deep offshore fields.
In July the NUPRC approved the sale of onshore assets by Eni's local unit to Oando and another from Equinor to new entrant Project Odinmim.
The regulator offered in May faster approvals for pending asset sales by oil majors if they took responsibility for oil spills and compensated impacted communities rather than wait for authorities to apportion liability.
Monday, October 21, 2024
Video - Nigerians react to abandoned AFCON clash against Libya
The aborted 2025 Africa Cup of Nations qualifier between Libya and Nigeria that was due to be played in Benghazi earlier this week elicited sharp reaction from Nigerians. The Nigerian Football Federation pulled the Super Eagles out of the match after the team was allegedly stranded for hours without basic necessities at an airport in Tripoli.
Related story: Nigeria Football team boycotts Africa Cup qualifier after being stranded at Libya airport
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