• Colors: Cyan Color

  • * Declares Oguta, Ohaji/Egbema Oil, Gas Free Trade Zone

By Gloria Acholonu (Imo State Correspondent, in Oguta)

It was joy over-filled for the people of Oguta Ameshi Community in Orlu Senatorial Zone, Imo state, South East, Nigeria, as President Muhammadu Buhari, on Thursday, flagged-off the Hydrographic Survey and dredging of the popular Oguta Lake and the Sea-route through Orashi River-Degema to the Atlantic Ocean.

By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Federal High Court sitting in Yenagoa, Bayelsa State has delivered a landmark judgment confirming the authority of the Nigerian Content Development and Monitoring Board (NCDMB) to collect the one percent Nigerian Content Development Fund (NCDF) levy from every contract awarded in the Nigerian oil and gas upstream transaction as mandated under section 104 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.

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