Industries

Nigerian Film Industry: Dr. Chidia Secures Germany, France Partnership 

Nigerian Film Industry: Dr. Chidia Secures Germany, France Partnership 

With a view to consolidate the collaborative partnership between the Nigerian Film Corporation, the German government and its institutions, Management of the Corporation led by the Managing Director /Chief Executive Dr. Chidia Maduekwe has met with the Deputy Chief of Mission Helmut Kulitz in Abuja. During the meeting Dr. Chidia Maduekwe, said NFC remains committed to ensuring that the Nigerian Film Industry was put on a sustainable growth. Dr. Maduekwe told his host that the NFC was leveraging the German government's support and assistance in the delivery of its mandate. The rich resources in terms of capacity and capabilities in…
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NFC: Dr. Chidia Maduekwe Secures Foreign Endorsement For Nigerian Film Festival

NFC: Dr. Chidia Maduekwe Secures Foreign Endorsement For Nigerian Film Festival

Managing Director/Chief Executive of the Nigerian Film Corporation, Dr. Chidia Maduekwe has drawn the endorsement of the Embassy of Bangladesh in Nigeria for the ZUMA film festival. According to the foreign embassy, the foreign support will serve as a catalyst for propelling the rapid development of Nigeria’s film industry. Describing it as the platform with the capacity to provide leverages to other film cultures across the globe, and elated by the giant strides and successes recorded by ZUMA film festival since it was rebranded in 2017, His Excellency, Mr. Masudur Rahman, Bangladesh’s High Commissioner to Nigeria, said that his country…
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Dr. Chidia Maduekwe’s Narrative Change at NFC a Spawn for President Buhari’s Blueprint in Nigeria’s Film Industry

Dr. Chidia Maduekwe’s Narrative Change at NFC a Spawn for President Buhari’s Blueprint in Nigeria’s Film Industry

The Nigerian Film Corporation (NFC), established in 1979, is empowered to lay a solid foundation for the development of a viable and sustainable film industry and cinema culture in Nigeria with the mandate of planning, promoting and organising an integrated and efficient growth and development of the Nigerian film industry, including support and training for Nigerian filmmakers. The Corporation is therefore charged with the responsibility of planning, promoting and organizing an integrated and efficient development of the Nigerian Film Industry. Since his appointment as the Managing Director and Chief Executive Officer , Dr. Chidia Maduekwe charged with  responsibility of redefining…
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Senate, House Of Reps Pass Petroleum Industry Bill (PIB)

Senate, House Of Reps Pass Petroleum Industry Bill (PIB)

The Senate and House of Representatives have passed the Petroleum Industry Bill (PIB). The bill was first passed at the house of reps after the Committee of the Whole considered the clauses of the bill based on the recommendation of the Committee on PIB. Mohammed Monguno, chairman of the ad hoc committee on Petroleum Industry Bill (PIB), presented a report and the lawmakers voted on 319 clauses of the bill. Monguno said by passing the bill, the ninth house would have succeeded in enacting important legislation. He added that the bill would make the oil and gas industry more transparent…
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Niger-Delta oil no longer suitable for our business, says Shell CEO Van Beurden

Niger-Delta oil no longer suitable for our business, says Shell CEO Van Beurden

Multinational oil giant Shell has revealed its intention to withdraw from Nigeria’s onshore oil sector. Making this known at Shell’s annual general meeting on Tuesday, the CEO, Van Beurden, said his organisation was in talks with the Nigerian government to work out how to exit its onshore licenses. Mr Beurden explained that Niger Delta oil is no longer suitable for its business, adding that the incessant cases of oil theft and sabotage and spillage don’t fit with the organisation’s risk appetite. “The balance of risks and rewards associated with our onshore portfolio is no longer compatible with our strategic ambitions,”…
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Nigerian government announces new date for NIN-SIM linkage deadline 

Nigerian government announces new date for NIN-SIM linkage deadline 

The Federal Government has approved the extension of the deadline National Identification Number, NIN, and Subscriber Identity Module, SIM, integration exercise untill June 30. Recall that on December 15, 2020, the Federal Government declared that after December 30, 2020, all SIMs that were not registered with valid NINs on the network of telecommunications companies would be blocked. The December 30, 2020 deadline was later extended, following widespread opposition against the earlier announcement and gave three weeks’ extension for subscribers with NIN from Dec. 30, 2020 to Jan. 19, 2021. The Federal Government later gave six weeks’ extension for subscribers without…
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Dangote Cement granted  second tax waiver in two years : FG

Dangote Cement granted  second tax waiver in two years : FG

The Federal Inland Revenue Service issued Dangote Cement Plc tax credit certificates, the second in two years. The tax credit certificates valued at N22.321 billion are for the construction of Apapa-Oworonshoki-Ojota road in Lagos and the Lokoja-Obajana-Kabba road connecting Kogi and Kwara States, The Nation reported. This implies that Dangote Cement will provide the funding for the federal roads to cover for the tax that it would have paid. The tax credit certificate for the Apapa-Oworoshoki-Ojota expressway is valued at N21.6 billion, while that of Lokoja-Obajana-Kabba is valued at N721 million. In 2019, FIRS issued a tax credit certificate valued…
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Dr.Chidia wants foreign ministry partnership as global agencies seek investment in Nigerian Film Industry

Dr.Chidia wants foreign ministry partnership as global agencies seek investment in Nigerian Film Industry

Dr.Chidia wants foreign ministry partnership as global agencies seek investment in Nigerian Film Industry Kenneth Udeh, Abuja Managing Director of the Nigerian Film corporation (NFC), Dr. Chidia Maduekwe, Thursday advocated synergy between the NFC and the Nigerian Ministry of foreign affairs to stimulate growth and development in the nation's film industry. Dr. Chida made this disclosure following the expression of interest of foreign agencies to partner with the NFC to invest in the Nigerian film industry, according to Chidia, Nigerians current status as the 2nd largest film producer in the world has become attractive to foreign countries as an investment…
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BREAKING NEWS: Kano elders reconcile Alhaji Aliko Dangote and Alhaji Abdul-Samad Rabiu

BREAKING NEWS: Kano elders reconcile Alhaji Aliko Dangote and Alhaji Abdul-Samad Rabiu

Kano elders reconcile Alhaji Aliko Dangote and Alhaji Abdul-Samad Rabiu The clash between two of Nigeria’s richest men, Aliko Dangote and Abdul Samad Rabiu, seems to be temporary over following the intervention of Kano state elders. The businessmen has had a dispute over who controls the sugar market in Africa’s biggest economy. While Mr Dangote accuses his competitor of attempting to appropriate undue advantage, Mr Rabiu says Mr Dangote, Africa’s richest man, wants to monopolise the market and manipulate prices. Mr Dangote denied the price-fixing allegation. In January, Dangote Sugar Plc, supported by Flour Mills of Nigeria Plc, accused rival…
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WAHALA!!! Get Ready To Pay  Around N240 Per Litre For Petrol, Says NNPC GMD

WAHALA!!! Get Ready To Pay Around N240 Per Litre For Petrol, Says NNPC GMD

The Petroleum Products Pricing Regulatory Agency (PPPRA) had earlier released a template increasing petrol price to N212 per litre but it was later deleted. The General Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari says Nigerians may likely pay more for petrol in April. The Petroleum Products Pricing Regulatory Agency (PPPRA) had earlier released a template increasing petrol price to N212 per litre but it was later deleted. Speaking with journalists at the Presidential Villa, Abuja, Kyari said the NNPC can no longer bear the burden. He also said the NNPC pays between N100 billion and…
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