GRBusiness
Konga announces new YAKATA dates, appreciates customers for successful outing


Konga, Nigeria’s e-Commerce giant, has unveiled new annual dates for future editions of the widely popular Konga Yakata sales which will henceforth run from November 11 to December 12, 2018.
Konga Yakata will now go live every year starting with Singles Day on 11/11 and end on the 12/12 with Nigeria Pink Day which will mark the climax of its Yakata Sales.
According to the Management of Konga, the new Yakata has an enhanced human face with the launch of the Konga Citizen Support Project which is the social responsibility arm of Konga. At the end of every Yakata, Konga will donate a variety of items required for the festive season to needy and less-privileged Nigerians. Konga will also leverage its retail stores and other platforms nationwide to collect and deliver the items to the recipients, including donations contributed by public spirited Nigerians and corporate organisations.
Interestingly, the company has also unveiled its festive season promotion tagged Konga Jara, widely regarded as the final Christmas Sales countdown which will run yearly from the 15th till December 31.
The Management of Konga has also expressed deep gratitude to all its customers, merchants and vendors for a successful 2018 Yakata sales which saw the company thrill shoppers with unmatched discounts and massive deals in the month-long campaign.
Konga Yakata, which ran this year from Tuesday, November 8, through Friday, November 30, 2018, attracted unprecedented traffic to the company’s platform online and huge footfalls to its retail stores nationwide.
“We are indeed grateful to the millions of customers who shopped on the Konga platforms – online and offline – throughout this year’s Konga Yakata. Our appreciation knows no bounds as your patronage and loyalty to the Konga brand was the burning motivation which kept us going, especially in stretching beyond the limits to deliver the great deals and special price slashes that made Yakata number one during the period. The many positive feedbacks we got from satisfied customers was very good testimony to the success of Konga Yakata,” Konga CEO Online, Nick Imudia, said.
“We also appreciate our merchants and staff for all the hard work that ensured that orders were delivered in time, with delays reduced to the barest minimum. We are also working very hard to get all unfulfilled orders shipped within the next few days.”
Continuing, he disclosed that the excitement is not yet over for shoppers, as the company is set to make its 2018 Pink Season Deals an unforgettable experience for customers.
According to Imudia, details of the new Konga Yakata, Konga Citizen Support Project and Konga Jara will be disclosed early in 2019, even as he assured shoppers of the determination of the company to ensure that all Nigerians experience the enhanced capacity of the new Konga from first quarter of 2019, irrespective of where they reside.
“We have been working extremely hard at the back-end and also building infrastructure nationwide to make e-commerce happen in Nigeria and I can assure you we are 95% ready,” he concluded.
Energy
Nigeria Loses Billions to Gas Flaring: Expert Urges Adoption of Global Best Practices


Nigeria continues to grapple with the economic, environmental, and social costs of gas flaring despite its status as one of Africa’s top producers of natural gas.
Recent data reveals that in 2024 alone, the country flared natural gas valued at $1.05 billion, equivalent to electricity generation potential of 30.1 thousand GigaWatt hours, enough to drastically reduce the nation’s chronic power shortages.
The penalties associated with gas flaring, estimated at $602 million, remain largely unenforced, raising concerns about regulatory weakness and ineffective oversight.
The Nigerian government has introduced several policies, including the Petroleum Industry Act (PIA) and the Gas Flaring, Venting & Methane Emissions (Prevention of Waste and Pollution) Regulations, 2023, aimed at tackling this menace. Additionally, the Nigerian Gas Flare Commercialization Project (NGFCP) was launched as a market-based solution to allocate flared gas to third-party investors for industrial and power sector use. Yet, implementation challenges have stifled progress.
In an exclusive commentary on the issue, Dr. Saheed Abudu, a researcher and lawyer specializing in Energy and Natural Resources Law and International Investment Law, and former researcher at the Tulane Center for Energy Law, described gas flaring as a symptom of Nigeria’s regulatory inertia. “If Nigeria is to truly end this wasteful practice, it must look beyond its borders and learn from the successful blueprints of other oil and gas powerhouses. The framework of the NGFCP is theoretically sound, but without strong enforcement and political determination, it risks becoming another unfulfilled policy,” Dr. Abudu said.
He noted that the persistent lack of political will, overreliance on International Oil Companies (IOCs), and repeated shifting of flare-out deadlines undermine Nigeria’s credibility. “The continuous revisions of flare-out deadlines—from 2025 now extended to 2030—together with the reluctance of producers to pay fines, underscore a regulatory environment that has failed to hold operators accountable. These delays communicate that compliance is optional,” he emphasized.
Dr. Abudu further highlighted deep-rooted institutional problems. “Significant bottlenecks persist, including administrative delays, overlapping regulatory mandates, and above all, resistance from producers who see flare gas utilization as disruptive to their core oil operations. Inadequate infrastructure for gas gathering and distribution compounds the problem, making many flare sites commercially unviable without massive upfront investments,” he explained.
Drawing comparisons with other resource-rich nations, Dr. Abudu argued that Nigeria must adopt proven strategies. He explained that Norway adopted a top-down approach where no gas utilization plan meant no project approval, and combined this with a stringent carbon tax that forced companies to innovate and invest in capture technologies. Saudi Arabia, through its state-owned oil giant Saudi Aramco, pursued a national strategy that treated gas as a resource, not waste. With a master gas gathering plan and billions invested in infrastructure, flaring was phased out, reflecting the level of corporate-level commitment Nigeria has lacked. Angola, he added, offers the most relevant case for Nigeria. After decades of flaring, Angola rolled out its National Gas Master Plan, partnered with international investors, and, with World Bank support, built the infrastructure needed to monetize gas. Their progress, he said, proves that resource stewardship is possible with political will and foreign partnerships.
Dr. Abudu outlined a roadmap Nigeria could adopt to reverse its losses and position itself as a competitive gas economy. “Nigeria must transition to stricter enforcement of regulations, making flare penalties genuinely punitive rather than symbolic. No new oil project should proceed without a credible gas utilization plan. The government must also act as a catalyst, as Angola did, by incentivizing investment in gas infrastructure and ensuring that producers cannot simply evade their obligations,” he stressed.
He added that empowering third-party investors to participate in gas commercialization is key, but this requires deliberate policies to strengthen the domestic gas market. “The government must make the Nigerian gas market more competitive and attractive for investors. Incentives, security of investments, and legal certainty are crucial. Without these, potential investors will continue to shy away, leaving the problem unresolved,” he said.
Experts agree that ending gas flaring is not just about environmental sustainability but also about unlocking economic potential. If properly harnessed, flared gas could power industries, create jobs, and generate billions in revenue. Dr. Abudu concluded with a stark warning: “The flames burning across the Niger Delta are not merely an environmental hazard; they represent wasted economic opportunities and human development potential. Nigeria cannot afford to treat gas flaring as business as usual. It must move from rhetoric to decisive action.”
Transport
We Are Saddened by the Passing of Ruth Otabor – Dangote
Ruth was hit by a Dangote Cement truck on August 13, 205 close to her school, Auchi Polytechnic.


The management of Dangote Cement Plc has said that it is saddened by the passing this evening of Ruth Otabor, who was injured in a recent road incident involving one of its trucks in Auchi, Edo State.
Ruth was hit by a Dangote Cement truck on August 13, 205 close to her school, Auchi Polytechnic.
In a statement issued this evening in Lagos, the management of Dangote Cement said “on behalf of the entire Dangote Group, we extend our heartfelt condolences to her family, friends and loved ones at this difficult time”.
Throwing some light on what the company has been doing to save the life of Ruth, the management said that “since the accident, our officials and insurance partners have been by her side, covering all financial and medical costs and supporting her family”.
It disclosed that arrangement had been made for her to be flown to India for advanced treatment pending medical clearance by her doctors, but regretted that “despite these efforts and Ruth’s brave fight to live, we lost her today”.
The management said: “At Dangote Group, safety, accountability, and compassion remain at the core of our operations”, adding that “we remain committed to strengthening our safety systems and supporting those affected in moment of tragedy”.


… Plant to create 5,000 jobs, produce 100 cubic metres of oxygen, 45 cubic metres of acetylene per hour
… Nitrogen, argon gas; carbon dioxide, CNG Stations in the pipeline
… Dr. Uduji: Mbah, Nehemiah of our time, rebuilding broken walls
…Kanayo O. Kanayo: Security is working in Enugu


Governor of Enugu State, Dr. Peter Mbah, on Thursday, unveiled Nigergas Company Limited, revamped and upgraded by his administration after over three decades of dormancy.
Mbah said Nigergas had so far created direct employment for over one hundred skilled and semi-skilled workers, and would further create over 5,000 indirect jobs across distribution, fabrication, transport and supplies chain.
He stressed that the revival of Nigergas company, which was established in 1962 as part of Dr. Michael Okpara’s after decades of abandonment, was another proof of his administration’s commitment to reviving state-owned moribund assets and grow Enugu State’s economy from $4.4bn to $30bn.
“What we have revived and unveiled today is not simply metal and a network of pipes; it is the restoration of purpose, dignity and productivity to a site that once symbolised Eastern Nigeria’s industrial promise.
“When we speak of the goal to grow our GDP from $4.4bn to $30bn, it is not mere posturing. It is rooted in the conviction that Enugu can become a truly diversified, self-reliant economy, if we muster the will to do things differently to launch us to the future we dream of,” he stated.
On Nigergas’ rehabilitation model, capacity, and expansion plan, Mbah said, “we approved a full rehabilitation scheme and a management model that blends public ownership with private-sector performance discipline.
“The intention was clear: retain public ownership, but run the facility on modern, accountable, commercially viable lines.
“So, today, Nigergas returns to production with modernised equipment and clear technical specifications designed to meet immediate healthcare and industry needs.


“The plant’s installed capacity has been upgraded to produce significant volumes of medical and industrial gases, ensuring steady local supply and reducing dependence on distant, expensive suppliers.
“Crucially, the plant will supply liquid oxygen, medical and industrial oxygen, and acetylene gas to our hospitals, welders, agro-processors and manufacturers, improving clinical outcomes and reducing production costs for businesses that are the backbone of local livelihoods.
“The new plant has a capacity to produce 100 cubic metres of oxygen per hour; and 45 cubic metres of acetylene per hour.
“We will soon bring on stream these additional products: nitrogen; argon gas; carbon dioxide; and CNG stations,” he said.
He maintained that Nigergas’ revival would guarantee access to reliable medical oxygen saves lives, on-demand industrial gases to lower operating costs, speeds turnaround and keeps workshops and factories turning.
“These improvements ripple outward: increased industrial activity strengthens our revenue base, and deepens opportunities for MSMEs,” he said.
He commended the Managing Director of the Enugu State Investment Authority, and the Commissioner for Trade, Investment and Industry, Dr. Sam Ogbu-Nwobod; the engineering firm, Ten Gas Development Ltd (a division of INDEV GROUP and the community leaders of Emene for their roles in resurrecting Nigergas.
speaking, Dr. Ogbu-Nwobodo expressed joy that although the firm established by Dr. Okpara Administration in partnership with Siad Machine Impianti was abandoned for over three decades due to mismanagement, misappropriation of revenue, abuse of company resources, nepotism, and weak corporate governance, Governor Mbah had restored the lost dreams.
The Managing Director, Ten Gas Development Ltd., Chief Chike Madueke, noted that the restored Nigergas would provide training and thousands of employments for the youths of the state.
The Chairman, Enugu State Traditional Rulers Council, Igwe Samuel Asadu; community leader and health consultant, Dr. Joy Uduji; Chairman of Enugu East LGA, Pastor Beloved Dan Anike and a businessman, Engr. George Ndubeze Ugwu, also commended Mbah for not only breathing life into dead state-owned assets, but for also building infrastructure that make lives better and enable businesses to thrive.


“You are the Nehemiah of our time. Like Nehemiah, who came and supervised the rebuilding of the walls of Jerusalem, you have also come to rebuild Enugu State,” Dr. Uduji said.
Speaking, Nollywood veteran actor and movie produce, Kanayo O. Kanayo, said, “It is not praise-singing, security is working here because when I come to make movies here, we usually stay out late into the night at Nike, and we are safe.”
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