GOV UBA SANI ANNOUNCES PLAN FOR NIGERIA’S LARGEST INTER-STATE BUS TERMINAL IN KADUNA. (PHOTO).

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 Gov Uba Sani Announces Plan For Nigeria’s largest Inter-state Bus Terminal In Kaduna Kaduna State Governor, Uba Sani, has unveiled plans to construct what he described as the largest inter-state bus terminal in Nigeria, both in scale and supporting infrastructure. The governor made the announcement on Sunday during the groundbreaking ceremony for the project, which will be located on a 20-hectare site along the Eastern Bypass in Chikun Local Government Area of the state. According to him, the ultra-modern facility will operate as a dual terminal capable of accommodating over 5,000 vehicles. It will be equipped with intelligent traffic management systems, advanced surveillance infrastructure, escalators and elevators to ensure easy access for all users, including the elderly and persons with disabilities. Governor Sani disclosed that the terminal will also feature refuelling stations for petrol, diesel and compressed natural gas (CNG), positioning Kaduna State as a leader in sustai...
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VENEZUELA COLLECTS FIRST PAYMENTS FROM US OIL EXPORTS. (PHOTO).

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 Venezuela collects first payments from US oil exports

Venezuela received $300 million on Tuesday as the first installment from oil sales to the United States, interim President Delcy Rodriguez announced on social media. The payment is part of a larger $500 million deal announced by President Donald Trump following the U.S. capture of President Nicolas Maduro on Jan. 3. Rodriguez said the funds will be routed through Venezuela’s national banking system and the Central Bank to support workers’ purchasing power and stabilize the foreign exchange market amid ongoing inflation.

The oil agreement came after negotiations between Caracas and Washington, allowing the U.S. to manage up to 50 million barrels of Venezuelan crude while maintaining control over commercialization and revenue management. Jorge Rodriguez, president of Venezuela’s National Assembly, emphasized that the legislature aims to pass laws aligned with the country’s new economic reality, including reforms to the Organic Law of Hydrocarbons. He highlighted the Chevron model as a potential framework for boosting oil production despite sanctions, under which Chevron operates joint ventures with the state oil company PDVSA while the state retains a majority stake. This model, permitted through special U.S. licenses and Venezuela’s Anti-Blockade Law, has allowed limited foreign investment but created legal ambiguities under traditional oil law.


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