Friday, 18 November 2016

Brexit will boost UK-Nigeria business ties – Envoy




British High Commissioner to Nigeria, Paul Arkwright, on Friday said the decision by the UK to exit the European Union would boost business ties between it and Nigeria.
Arkwright said this in Lagos at a roundtable organised for workers and business entrepreneurs.
He said the target of the British Government was to grow its market.
According to him, relations between Nigeria and the UK will become stronger after exiting the EU.
He added that the British Government had decided to leave the EU and it would not renege on its decision.
The envoy noted that the British Government would give priority to smooth transition that would minimise disruption and there would be no immediate changes to their relationship with the EU.
Arkwright said: “Until we exit formally, UK will remain a member of the EU with all the rights and obligations of membership.”
Arkwright said the UK was working toward encouraging more businesses in Nigeria and would invest and

NNPC set to commence production of aviation fueI in Port Harcourt refinery




As part of the management of Port Harcourt Refining Company (PHRC) has announced its readiness to commence the production of Aviation Turbine Kerosene (ATK) popularly known as aviation fuel.
This part of efforts the Nigerian National Petroleum Corporation (NNPC), to reposition company for profitability in line with the 12-point agenda.
The Managing Director of PHRC, Dr. Bafred Enjugu, who disclosed this in a presentation made to the Group Managing Director of NNPC, Dr. Maikanti Baru, during an official tour of the 210, 000 barrels per day facility, said the refinery has met all the international parameters for the production of aviation fuel.
“The good news from our stand point is that we have scored 24 out of the 24 parameters for the production of aviation fuel and I must say that this is made possible because of the never-give-up attitude of workers of the great PHRC,” he said.
Dr. Enjugu said the refinery has successfully blended ATK and was only waiting for appropriate conditions to commence full scale production of the product in response to demand of the aviation sector.