#Production by Sunday Service Agency

[mostlysignssomeportents]

Convicted monopolist prevented from re-offending

This Sunday (Apr 30) at 2PM, I’ll be at the San Francisco Public Library with my new book, Red Team Blues, hosted by Annalee Newitz.

In blocking Microsoft’s acquisition of Activision-Blizzard, the UK Competition and Markets Authority has made history: they have stepped in to prevent a notorious, convicted monopolist from seizing control over a nascent, important market (cloud gaming), ignoring the transparent, self-serving lies Microsoft told about the merger:

https://assets.publishing.service.gov.uk/media/644939aa529eda000c3b0525/Microsoft_Activision_Final_Report_.pdf

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/04/27/convicted-monopolist/#microsquish

Cloud gaming isn’t really a thing right now, but it might be. That was Microsoft’s bet, anyway, as it plonked down $69b to acquire Activision-Blizzard — a company that shouldn’t exist, having been formed out of a string of grossly anticompetitive mergers that were waved through.

Activision-Blizzard is a poster-child for the failures of antitrust law over the past 40 years, a period in which monopolies were tolerated and even encouraged by the agencies that were supposed to prevent monopolies from forming and break up the ones that slipped past their defenses. Activision-Blizzard is a giant, moribund company whose “innovation” consists of endless sequels to its endless sequels, whose market power allows it to crush its workers while starving competitors of market oxygen, ensuring that gamers and game workers have nowhere else to go.

Microsoft is another one of those poster-children, of course. After being convicted of antitrust violations, the company dragged out the legal process until George W Bush stole the presidency and decided not to pursue them any further, letting them wriggle off the hook.

The antitrust rough ride tamed Microsoft…for a while. The company did not use the same dirty tricks to destroy, say, Google as it had used against Netscape. But in the years since, Microsoft has demonstrated that it regrets nothing about its illegal conduct and has no hesitations about repeating that conduct.

This is especially true of cloud computing, where Microsoft is using exclusivity deals and illegal “tying” (forcing customers to use a product they don’t want in order to use a product they desire) to lock customers into its cloud offering:

https://www.reuters.com/technology/google-says-microsofts-cloud-practices-anti-competitive-slams-deals-with-rivals-2023-03-30/

Locking customers into Microsoft’s cloud also means locking customers into Microsoft surveillance. Microsoft’s cloud products spy in ways that are extreme even by the industry’s very low standards. Office 365 isn’t just a version of Office that you never stop paying for — it’s a version of Office that never stops spying on you, and selling the data to your competitors:

https://pluralistic.net/2020/11/25/the-peoples-amazon/#clippys-revenge

Microsoft’s Activision acquisition was entirely cloud-driven. The company clearly believes the pundits who say that the future of gaming is in the cloud: rather than playing on a device with the power to handle all the fancy graphics and physics, you’ll use a low-powered device that streams you video from a server in the cloud that’s doing all the heavy lifting.

If cloud gaming comes true (a big if, considering the dismal state of broadband, another sector that’s been enshittified and starved by monopolists), then Microsoft owning the Xbox platform, the Windows OS, and the Game Pass subscription service already poses a huge risk that the company could grow to dominate the sector. Throw in Activision-Blizzard and the future starts to look very grim indeed.

It’s a nakedly anticompetitive merger. As Mark Zuckerberg unwisely wrote in an internal memo, “it is better to buy than to compete.”

(These guys can not stop incriminating themselves. FTX got mocked for its group-chat called “Wirefraud,” but come on, every tech baron has a folder on their desktop called “mens rea” full of files with names like “premeditation-11.docx.”)

Naturally, the FTC sued to stop the merger (after 40 years, the FTC has undergone a revolution under chair Lina Khan and is actually protecting the American people from monopoly):

https://www.vice.com/en/article/ake97g/ftc-sues-to-block-microsoft-acquisition-of-call-of-duty-publisher-activision-blizzard

The FTC was always in for an uphill battle. “Cloud gaming,” the market it is seeking to defend from monopolization, doesn’t really exist yet, and enforcing US antitrust law against monopolies over existent things is hard enough, thanks to all those federal judges who attended luxury junkets where billionaire-friendly “economists” taught them that monopolies were “efficient”:

https://pluralistic.net/2021/08/13/post-bork-era/#manne-down

But the FTC isn’t the only cop on the beat. Antitrust is experiencing a global revival, from the EU to China, Canada to Australia, and South Korea to the UK, where the Competition and Markets Authority is kicking all kinds of arse (see also: “ass”). The CMA is arguably the most technically proficient competition regulator in the world, thanks to the Digital Markets Unit (DMU), a force of over 50 skilled engineers who produce intensely detailed, amazingly sharp reports on how tech monopolies work and what to do about them.

The CMA is very interested in cloud gaming. Late last year, they released a long, detailed report into the state of browser engines on mobile phones, seeking public comment on whether these should be regulated to encourage web-apps (which can be installed without going through an app store) and to pave the way for cloud gaming:

https://pluralistic.net/2022/12/13/kitbashed/#app-store-tax

The CMA is especially keen on collaboration with its overseas colleagues. Its annual conference welcome enforcers from all over the world, and its Digital Markets Unit is particularly important in these joint operations. You see, while Parliament appropriated funds to pay those 50+ engineers, it never passed the secondary legislation needed to grant the DMU any enforcement powers. But the DMU isn’t just sitting around waiting for Parliament to act — rather, it produces these incredible investigations and enforcement roadmaps, and releases them publicly.

This turns out to be very important in the EU, where the European Commission has very broad enforcement powers, but very little technical staff. The Commission and the DMU have become something of a joint venture, with the DMU setting up the cases and the EU knocking them down. It’s a very heartwarming post-Brexit story of cross-Channel collaboration!

And so Microsoft’s acquisition is dead (I mean, they say they’ll appeal, but that’ll take months, and the deal with Activision will have expired in the meantime, and Microsoft will have to pay Activision a $3 billion break-up fee):

https://mattstoller.substack.com/p/big-tech-blocked-microsoft-stopped

This is good news for gaming, for games workers, and for gamers. Microsoft was and is a rotten company, even by the low standards of tech giants. Despite the sweaters and the charity (or, rather, “charity”) Bill Gates is a hardcore ideologue who wants to get rid of public education and all other public goods:

https://pluralistic.net/2021/04/13/public-interest-pharma/#gates-foundation

Microsoft has a knack for nurturing and promoting absolutely terrible people, like former CEO Steve Ballmer, who has played a starring role in Propublica’s IRS Files, thanks to the bizarre tax-scams he’s pioneered:

https://pluralistic.net/2023/04/24/tax-loss-harvesting/#mego

So yeah, this is good news: Microsoft should have been broken up 25 years ago, and we should not allow it to buy its way to ongoing dominance today. But it’s also good news because of the nature of the enforcement: the CMA defended an emerging market, to prevent monopolization.

That’s really important: monopolies are durable. Once a monopoly takes root, it becomes too big to fail and too big to jail. That’s how IBM outspend the entire Department of Justice Antitrust Division every year for twelve years during a period they call “Antitrust’s Vietnam”:

https://onezero.medium.com/jam-to-day-46b74d5b1da4

Preventing monopoly formation is infinitely preferable to breaking up monopolies after they form. That’s why the golden age of trustbusting (basically, the period starting with FDR and ending with Reagan) saw action against “incipient” monopolies, where big companies bought lots of little companies.

When we stopped worrying about incipiency, we set the stage for today’s Private Equity “rollups,” where every funeral home, or veterinarian, or dentists’ practice is bought out by a giant PE fund, who ruthlessly enshittify it, slashing wages, raising prices, stiffing suppliers and reducing quality:

https://pluralistic.net/2022/12/16/schumpeterian-terrorism/#deliberately-broken

Limiting antitrust enforcement to policing monopolies after they form has been an absolute failure. The CMA knows that an ounce of prevention is worth a pound of cure — indeed, we all do.

From Apr 26–28, Barnes and Noble is offering a 25% discount on preorders for my upcoming novels (use discount code PREORDER25): The Lost Cause (Nov 2023) and The Bezzle (Red Team Blues #2) (Feb 2024).

Catch me on tour with Red Team Blues in Mountain View, Berkeley, San Francisco, Portland, Vancouver, Calgary, Toronto, DC, Gaithersburg, Oxford, Hay, Manchester, Nottingham, London, and Berlin!

[Image ID: A promotional image from the Call of Duty franchise featuring a soldier in a skull-mask gaiter giving a thumbs up on a battlefield. It has been altered so that he is giving a thumbs-down gesture. Superimposed on the image is a modified Microsoft 'Clippy' popup; Clippy's speech-bubble has been filled with grawlix characters; the two dialog-box options both read 'No.']

Image: Microsoft, Activision (fair use)

[beardedmrbean]

Starting next year, government plans to cut nearly 15 million euros from the funding for continuous professional development for teachers. This is part of a cost-cutting effort by the Ministry of Education and Culture.

This funding has been used annually to train tens of thousands of teachers across various educational levels.

Tampere-based daily Aamulehti reported that an outraged Trade Union of Education (OAJ) is demanding a reversal of the decision.

"We are shocked by this. It's a really tough decision. It will affect teachers at almost all educational levels," said Jaakko Salo, manager of Education Policy at OAJ.

He warned that without this funding, professional training for teachers in schools would essentially come to an end.

The government has defended the cuts by saying municipalities and educational providers should fund the training. However, the policy manager doubts financially strained municipalities will take on this responsibility and that the move will result in teachers not receiving additional professional training.

Salo referenced a recent study by Jyväskylä University and the Ministry of Education, which found that more than 60 percent of students from immigrant backgrounds lack adequate reading skills.

He noted that professional training for teachers has been organised, for instance, to support language learning in situations where non-native-speaking students transition from preparatory education to regular school.

Jarkko Niiranen, director of education, training and competence at the National Agency for Education, voiced concern that the cuts would negatively affect student learning outcomes, as teachers who develop and update their skills play a critical role in student performance.

"Finland has an excellent teacher education system, which has been our strength. But we also need to systematically ensure that teachers receive continuous professional development throughout their careers," Niiranen said.

Electricity price hikes again

Wild fluctuations in electricity prices continue despite the restart of the Olkiluoto (OL2) nuclear power plant over the weekend. On Monday, spot prices rose in the early morning and were set to peak in the evening, according to a report from business daily Kauppalehti.

The spot prices for electricity were low on Sunday but began climbing around 5 am on Monday, reaching over 27 cents per kilowatt hour (kWh) by 9 am. After a dip to about 13 cents, prices will rise again, peaking at more than 31 cents per kWh by 7 pm.

Over the weekend, spot prices spiked to nearly 40 cents on Saturday evening. The highest price in September was over 59 cents per kWh. The fluctuations were linked to maintenance on OL2, which was out of service for nearly a month due to a generator rotor failure. The unit resumed electricity production on Sunday.

Check your winter tyres

Tabloid Ilta-Sanomat urged readers to inspect their winter tyres before December, when many currently permitted winter tyres will become illegal.

Starting on 1 December, the Finnish Road Safety Council will no longer allow winter tyres that have only the M+S or M&S (mud and snow) markings without an accompanying snowflake symbol on Finnish roads.

Although the sale of M&S-only tyres ended in 2019, they are still widely used.

The three-peak mountain snowflake symbol (3PMSF) indicates that the tyres have been tested and meet minimum snow grip requirements, according to Reetta Kinisjärvi, a senior inspector at Traficom.

Using winter tyres without the 3PMSF symbol may result in fines and could cause vehicles to fail annual vehicle inspections.

[dragoneyes618]

(January 15, 2024 / JNS)

Israeli soccer player Sagiv Jehezkel (sometimes spelled Yehezkel), who plays for Turkish club Antalyaspor, was released from custody on Monday and is expected to leave Turkey immediately, Kan News reported.

Jehezkel was suspended from his team and was to face charges in court for incitement after showing support for Israeli hostages kidnapped by Hamas on Oct. 7.

Israel’s Foreign Ministry took credit for Jehezkel’s sudden release.

“For the last 24 hours, under the guidance of Foreign Minister Israel Katz, the Ministry of Foreign Affairs worked with all the relevant parties in Turkey in order to bring about the speedy release of Sagiv Jehezkel,” the ministry said in a statement.

“Turkey has become a dark dictatorship, working against humane values ​​and sports values,” Katz said.

“Whoever arrests a soccer player for an act of identification with 136 abductees who have been held for over 100 days by the terrorists of a murderous terrorist organization, represents a culture of murder and hatred,” he added.

Katz called on the international community to act against Turkey for threatening athletes. “Today it’s Sagiv Jehezkel, tomorrow it’s another athlete.”

Israeli Defense Minister Yoav Gallant accused Turkey of ingratitude following the incident, posting to X: “When there was an earthquake in Turkey less than a year ago, Israel was the first country to stand up and extend aid that saved the lives of many Turkish citizens.

“The scandalous arrest of the footballer Sagiv Jehezkel is an expression of hypocrisy and ingratitude. In its actions, Turkey serves as the executive arm of Hamas,” he said.

Jehezkel, 28, was arrested early Monday by police after showing at a game a message written on a bandaged hand: “100 days. 7.10” along with a Star of David in solidarity with hostages held by Hamas on the 100th day of their captivity.

The city of Antalya’s Chief Public Prosecutor’s Officer charged Jehezkel with “inciting the public to hatred and hostility,” according to Anadolu Agency, Turkey’s state-run news service.

Antalyaspor’s deputy president and spokesperson Evren Alkan said that the club would terminate Jehezkel’s deal. If the club ended the three-season contract, it would owe Jehezkel $1 million, Israel’s Channel 12 reported.

The club announced after the game on Sunday that it was suspending Jehezkel, who plays right-wing for the top-flight club and has played for the Israel national team on eight occasions so far.

“Sagiv Jehezkel, following his goal in the 68th minute during the match against Trabzonspor, has been deemed to have acted against our country’s national values by sharing an inscription on his wrist. In response, the board of directors has decided to exclude him from the squad,” the club said in a statement posted to social media.

Antalyaspor had initially uploaded Jehezkel’s goal-scoring celebration to its social media accounts, but deleted them minutes later after the posts ignited widespread anger among fans and in the media.

The club’s actions disappointed Jehezkel, according to those close to him, Ynet reported. Jehezkel has been productive for the club, scoring six goals and two assists in 13 matches.

Jehezkel told police and his club that he meant his act as a humanitarian gesture, not a provocation.

“I am not in favor of war. There are Israeli soldiers captured in Gaza. I think the war should end now, that’s why I showed the sign. I have nothing to do with politics. I have never done anything political since I arrived in Turkey. I have never disrespected anyone,” he said.

Initially, the Israel Football Association (IFA) chartered a private plane to take Jehezkel from Turkey, but then Jehezkel was informed that the police wanted him for questioning.

IFA head Moshe Zuares also had tried to enlist the help of the Turkish Football Federation (TFF), but it, too, condemned Jehezkel.

“His suspension is appropriate. Necessary procedures and disciplinary investigations against those responsible were opened immediately. The public should have no doubt that necessary measures will be taken against those responsible for this act, which offends human dignity and the conscience of Turkish society,” the TFF said.

Anger in Turkey has also spilled out against Eden Kartsev, an Israeli defensive midfielder for Turkish Süper Lig club İstanbul Başakşehir, after he expressed support for Jehezkel.

Maccabi Haifa is considering adding Kartsev to its roster as he may now leave Turkey, Israel Hayom reported.

After a cold spell in relations, Turkey had made friendly gestures towards Israel but President Recep Tayyip Erdoğan reverted to form following the Oct. 7 attack and has made inciting speeches against Israel and recalled Turkey’s ambassador from Israel.

In late December, Erdoğan compared Netanyahu to Adolf Hitler.

“We watched Israel’s Nazi camps. What kind of job is this?” asked Erdoğan during a speech, according to a Channel 12 translation. “They talk about Hitler in a strange way. What is the difference between them and Hitler? They will make us miss Hitler even more,” he continued.

Meanwhile, on Sunday a moment of silence was observed followed by shouts of “Free Palestine” at an Asian Cup game between Iran and the Palestinian soccer team in Qatar.

[buzzwiremediamiusa]

BuzzWire Media: Your Premier Michigan Media Agency for Digital Excellence

Located at 6528 Commerce Dr, Westland, MI 48185, BuzzWire Media is a cornerstone in the Michigan media landscape, offering a comprehensive array of digital solutions aimed at enhancing your brand's online presence. Our website, www.buzzwiremedia.com, serves as a gateway to our diverse services, including web design, branding solutions, video production, and photography services, ensuring your digital needs are fully met.

Conveniently Situated for Accessibility

Our Westland location, strategically placed near key landmarks, offers easy access for clients across Metro-Detroit and beyond, ensuring you're never too far from top-tier digital media support.

Comprehensive Digital Solutions

As a cutting-edge graphic design agency, BuzzWire Media excels in delivering captivating designs, professional video production, and striking photography. Our social media marketing and advertising solutions are tailored to expand your reach and deepen audience engagement.

We pride ourselves on our in-house media studio, equipped to offer digital strategy, website development, and creative branding services. Our focus on SEO-friendly and user-experience-driven web design guarantees a functional, responsive website across all devices.

Tailored Services to Elevate Your Brand

BuzzWire Media specializes in creating unique brand identities, providing customized web solutions, and producing professional video content. Our digital advertising strategies and website optimization services are crafted to enhance your online visibility and drive impactful results.

From our prime location in Westland, MI, we are your go-to source for digital marketing solutions, including e-commerce and mobile-friendly web designs, and digital storytelling. Our aim is to make your brand stand out in the digital space.

Partnering for Digital Growth

At BuzzWire Media, we view ourselves as more than just a media agency; we are your partners in digital growth. Offering a wide range of services from brand development to online marketing, we bring the expertise needed for your brand to thrive online.

Choose BuzzWire Media for a blend of creativity, innovation, and strategic insight. Visit our website or our Westland office to begin your journey towards digital transformation with a partner committed to your brand's success.

Website: https://buzzwiremedia.com

Address: 6528 Commerce Dr, Westland, MI, 48185

Phone Number: (820) 280-2828

Contact Email: hello@buzzwiremedia.com

Business Hours: Monday - Friday : 10:00 AM - 06:00 PM Saturday : 10:00 AM - 03:00 PM Sunday : Closed

[onenettvchannel]

DEVELOPING STORY: Manila Central Post Office explosion halts new ID Applications for both UMID and Postal IDs

MANILA, NATIONAL CAPITAL REGION -- A car battery explosion at the Manila Central Post Office (MCPO) was led to a temporary or indefinite suspension of new ID applications for two widely used identification cards in the Philippines - the Unified Multi-Purpose ID (UMID) and the Philippine Postal ID. The late incident occurred on Sunday (May 21st, 2023 -- Manila local time) causing significant damage to the post office building and disrupting its operations. Several reports by the Bureau of Fire Protection (BFP) indicate that a faulty battery caused the explosion.

In a text message obtained to OneNETnews, the officials of Social Security System (SSS) and Philippine Postal Corporation (PHLPost) releases a disclosed statement: "We would like to inform the public that the new ID applications for both UMID and Postal IDs are temporarily unavailable at the Manila Central Post Office (MCPO) following the car battery explosion incident", the said statement read.

SSS and Government Service Insurance System (GSIS) manage the UMID card, which provides beneficiaries with access to various government services. The program was introduced in 2010, a decade before the CoViD-19 pandemic years to streamline services. National media reports say that the government agencies like the Department of Health (DOH), the Department of Social Welfare and Development (DSWD) and the Philippine Health Insurance Corporation (PhilHealth-IC) accepts UMID cards.

The Postal ID however, is a convenient alternative to a primary ID that is both convenient and affordable. It is accepted by the Philippine government and private institutions for various purposes such as proof of identity as E-Wallets and banking, transaction verification and eligibility for discounts on certain products and services. Applicants who were planning to obtain neither the UMID, Postal ID or both are advised to temporarily seek alternative options while repairs and investigations are ongoing at the affected national post office. Residents can explore other government-issued identification cards such as the Driver's License, Passport or the Voter's ID to fulfill their identification requirements.

Officials from PHLPost have yet to announce an estimated date for when new ID applications for UMID and Postal IDs will resume sooner at the MCPO. It is recommended that individuals to stay updated through official announcements from the aforesaid government mailing company regarding the availability of the services affected by the incident. Post office facilities should prioritize safety measures to prevent such incidents from occurring again. BFP investigators are currently investigating the cause of the explosion and addressing any potential negligence or lapses in safety protocols.

(via Rhayniel Saldasal Calimpong / Freelance Photojournalist of OneNETnews)

Here in Dumaguete alone, new ID applications of UMID confirms that the contract was expired indefinitely with no potential date of resumption on SSS. While the PHLPost branch office in Santa Catalina Street completely goes out of order, leaving no applicants were applied and to pay a one-time fee either the Regular or Rush applicants.

As authorities work towards restoring normal operations in 2024 or later and ensuring the safety of postal facilities, the public is urged to remain patient and cooperative with the necessary adjustments implemented during this temporary or indefinite suspension of ID application services for both UMID and Postal IDs.

FILE PHOTO COURTESY: DZKB-TV 9's CNN Philippines: Manila BACKGROUND PROVIDED BY: Tegna

SOURCE: *https://www.rappler.com/nation/car-battery-explosion-caused-manila-central-post-office-fire-bfp/ [Referenced News Article via Rappler] *https://www.facebook.com/100070122185864/posts/556609080019827 [Referenced FB Captioned Post via PHLPost] *https://techpilipinas.com/umid-card/ *https://techpilipinas.com/postal-id-requirements-application-process/ *https://en.wikipedia.org/wiki/Unified_Multi-Purpose_ID and *https://en.wikipedia.org/wiki/PhilPost_Postal_ID

-- OneNETnews Team

*UPDATED with Photo Representation for a government service disruption (as of July 29th, 2023).

[kevinbrowndesignne]

Business Name: Kevin Brown Design

Street Address: 800 W Panorama Rd

City: Lincoln

State: Nebraska (NE)

Zip Code: 68523

Country: USA

Business Phone: (402) 570-3578

Business Email: kevin@kevinbrowndesign.com

Website: https://kevinbrowndesign.com/

Facebook: https://facebook.com/kevinbrowndesign

LinkedIn: https://www.linkedin.com/in/kevinbrowndesign/

Instagram: https://www.instagram.com/kevinbrowndesign/

Business Description: Our holistic approach to custom web design combines beautiful design with an intelligent marketing strategy. Your new site will enable you to convert more visitors into leads and sales, ultimately increasing your profits. Aside from beautiful designs, we focus on three main things when building websites:

Company Profiling Our relationship begins with learning more about your company and how a website can help you achieve your business goals. An initial planning and strategy session helps us learn more about your company.

Strategic Design We ask for specific information that will help us better understand your goals, both short and long-term, as well as your current challenges and pain points.

Content That Converts Understanding your target audience better helps us to provide the content that will speak to them and get them on board with your products and services.

Google My Business CID URL: https://www.google.com/maps?cid=983965224167548282

Business Hours: Sunday Closed Monday 8:00am-5:00pm Tuesday 8:00am-5:00pm Wednesday 8:00am-5:00pm Thursday 8:00am-5:00pm Friday 8:00am-5:00pm Saturday Closed

Services: Web Design, Website Care Plans, Content Writing, Digital Marketing, SEO, GMB, Ads

Keywords: Kevin Brown Design, Web design Lincoln ne, Website designer Lincoln, Web designer near me, Web design for construction companies, Website Care Plans, Content Writing, Digital Marketing, SEO, GMB, Ads, Web Development Company Lincoln, Web Development Agency, Wed Designers, Website Developer Lincoln Ne

Business/Company Establishment Date: 09/04/2014

Location:

Service Areas:

[indigoproductionsuk]

Business Name: Indigo Productions

Address: S1.9 The Old Corn Store, CoachWorks, Dover Place

City: Ashford

County: Kent

Zip Code: TN23 1HU

Country: United Kingdom

Business Phone: 07487651859 / 07817736820

Business Email: hello@indigoproductions.co.uk

Website: https://indigoproductions.co.uk/

Twitter: https://twitter.com/indigo_prds

LinkedIn: https://www.linkedin.com/company/indigoproductions/

Instagram: https://www.instagram.com/indigo_prds/

GMB Site: https://indigo-video-production-kent.business.site/

Business Description: We are Indigo, an award-winning multimedia production agency based in the heart of Kent. We specialise in creating film, animation and photography of the best quality.

Google My Business CID URL: https://www.google.com/maps?cid=542448050408347683

Business Hours: Sunday Closed Monday 8:00am-6:00pm Tuesday 8:00am-6:00pm Wednesday 8:00am-6:00pm Thursday 8:00am-6:00pm Friday 8:00am-6:00pm Saturday Closed

Services: Film, Online Video, Animation, Photography, Aerial, Production

Keywords: video production kent, video production company kent, business video production, video production companies, video production, business video production, corporate video production kent, video production companies in kent, video production companies kent, corporate films kent

Location:

Service Areas:

[indictranslationshr]

Business Name: IndicTrans Multilingual Solutions Indic Translations

Street Address 1: Suite 90, Magnum Tower 1, 8th Floor,

Street Address 2: Golf Course Ext Rd, Sector 58

City: Gurugram

State: Haryana

Postal Code: 122011

Country: India

Business Phone Number: +91-904-529-3556

Business Email Address: info@indictranslations.com

Website: https://indictranslations.com

Twitter: https://twitter.com/indic_trans

Description: IndicTrans Multilingual Solutions Indic Translations. IndicTrans is a multilingual translation agency specializing in Indic Languages Translations. IndicTrans Multilingual Solutions also works on DTP, transcription, subtitling, video production for Indic Languages.

Google My Business CID URL: https://www.google.com/maps?cid=14809263149120863353

Business Hours: Sunday 10:00-18:00 Monday 10:00-18:00 Tuesday 10:00-18:00 Wednesday 10:00-18:00 Thursday 10:00-18:00 Friday 10:00-18:00 Saturday 10:00-18:00

Services: Translations, Websites, Transcriptions, Video Editing, DTP

Keywords: IndicTrans, IndicTrans Multilingual Solutions, Indic Translations

Payment Methods: Cash, Check, Credit, Paypal, Wire

Business/Company Establishment Year: 2003

Business Slogan: IndicTrans Expert in Multilingual Indic Translations

Number of Employees: 10

Location:

Service Areas:

[companyknowledgenews]

Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online https://www.merchant-business.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/?feed_id=199998&_unique_id=66e67c990daa2 #GLOBAL - BLOGGER BLOGGER News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known Friday, after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira.Officials described this as a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products.Mr. Edun who was represented by the Executive Chairman Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country,” a statement by Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, said.“Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval.“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” it said.Adding: “From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.“Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.“We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.“We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.“This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth,” the statement added.“News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first…”Source Link: https://newsinvestigatorsng.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/geca31e90691fc54dbe57cae5f5103e363825ee9f34eeb56a4d2d14fe256ac33db3946cd430a02fc0af523c0a9ccae26a9ad.jpeg News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum

products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known … Read More

[bravecompanynews]

Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online - #GLOBAL https://www.merchant-business.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/?feed_id=199997&_unique_id=66e67c97d3e5f News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known Friday, after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira.Officials described this as a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products.Mr. Edun who was represented by the Executive Chairman Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country,” a statement by Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, said.“Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval.“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” it said.Adding: “From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.“Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.“We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.“We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.“This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth,” the statement added.“News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first…”Source Link: https://newsinvestigatorsng.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/geca31e90691fc54dbe57cae5f5103e363825ee9f34eeb56a4d2d14fe256ac33db3946cd430a02fc0af523c0a9ccae26a9ad.jpeg BLOGGER - #GLOBAL

[boldcompanynews]

Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online - BLOGGER https://www.merchant-business.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/?feed_id=199996&_unique_id=66e67c961fef0 News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known Friday, after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira.Officials described this as a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products.Mr. Edun who was represented by the Executive Chairman Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country,” a statement by Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, said.“Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval.“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” it said.Adding: “From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.“Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.“We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.“We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.“This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth,” the statement added.“News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first…”Source Link: https://newsinvestigatorsng.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/geca31e90691fc54dbe57cae5f5103e363825ee9f34eeb56a4d2d14fe256ac33db3946cd430a02fc0af523c0a9ccae26a9ad.jpeg #GLOBAL - BLOGGER News Investigators/... BLOGGER - #GLOBAL

[technologycompanynews]

Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online - BLOGGER https://www.merchant-business.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/?feed_id=199995&_unique_id=66e67c94c7d8e News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known Friday, after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira.Officials described this as a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products.Mr. Edun who was represented by the Executive Chairman Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country,” a statement by Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, said.“Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval.“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” it said.Adding: “From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.“Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.“We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.“We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.“This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth,” the statement added.“News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first…”Source Link: https://newsinvestigatorsng.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/geca31e90691fc54dbe57cae5f5103e363825ee9f34eeb56a4d2d14fe256ac33db3946cd430a02fc0af523c0a9ccae26a9ad.jpeg BLOGGER - #GLOBAL News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum

products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known … Read More

[beardedmrbean]

Morning papers carry extensive coverage of the effects of strikes Thursday on public transport services as unions take industrial action to protest against the government's proposed labour reforms and social security cuts.

The business online daily Taloussanomat is among the papers reminding readers that the strikes will also impact a large number of other sectors.

Due to the industrial actions, snowplows will not be out as normal, at least in Espoo, Turku, Tampere, Oulu and Jyväskylä. The paper reports that in several cities, if snowplows are needed, they will work only on main thoroughfares.

Some union members will be on strike at Turku Airport, and the situation will reduce connections to Helsinki. A number of travel agencies are also affected.

At the nation's sea ports, employees of the cargo handling, forwarding and service companies will be out for the day.

Strikes at logistics and transport companies, distribution centres, and within the food industry, will likely be seen in reduced availability of some items at supermarkets, both on Thursday and Friday.

Mail will not be delivered on Thursday.

In numerous municipalities, employees in catering, cleaning, waste mangement, as well as sports and cultural services are on strike for the day.

Some power plants of energy utilities operating in Vantaa, Järvenpää, Tampere, the Turku region, Espoo and Pietarsaari are subject to strike. The companies have warned of a drop in power production.

Action by unions in the industrial, construction, foodstuffs, and power sector are on strike at nearly 600 workplaces, including bakeries, dairies and 85 construction sites across the country.

Border reopening

The Joensuu-based daily Karjalainen reports that the Southeastern Finland Border Guard said in the early hours of the morning that the situation was calm at the Vaalimaa crossing point on the border with Russia, after its reopening at midnight.

The Border Guard described traffic as "normal" in both directions. STT reported that a half-kilometer queue of cars heading towards Russia had already formed at Vaalimaa by 9pm on Wednesday, but moved forward smoothly once the crossing was reopened.

Earlier in the night, Jussi Pekkala, head of the Vaalimaa border inspection station, told the news agency that there was less traffic from the Russian side into Finland than from Finland into Russia. According to Pekkala, no asylum seekers had arrived at the crossing, at that time.

Cards and packages

Helsingin Sanomat reminds readers that there is still time to get Christmas cards and packages into the mail with assured delivery before the holidays.

However, there is a bit of a rush when it comes to cards. Finland's Posti postal service has announced that Christmas cards must be mailed on Sunday at the latest, in order reach domestic recipients before the holiday. Posti has also said that domestic mail packages will be delivered in time for Christmas if they are sent no later than Wednesday of next week.

Mail deliveries may suffer some short-term delays due to the political strikes taking place on Thursday. However, Posti estimates that the mail flow will quickly return to normal and that the work stoppages will not prevent the delivery of cards and packages by Christmas.

Snow here today, but...

Ilta-Sanomat reports that the maximum depth of snow cover in Finland is currently near Kittilä in Lapland, with a recorded 66 centimeters of snow on the ground. Readings of half a metre are widspread elsewhere in Lapland, and in the Kainuu region.

Finnish Meteorological Institute meteorologist Tuukka Keränen told the paper that these readings are exceptional, and pointed out that it is not every year that southern areas get as much snow cover as they have now.

Temperatures have also been colder than usual for the time of year. However, Saturday will bring a change in the recent winter weather.

Keränen said that temperatures in the south are forecast to hover around the freezing point by the start of next week, possibly melting some of the snow.

Temperatures reaching the plus side will melt some of the snow. It is still too early to say whether next week will bring rain and sleet, as well, and Keränen was unwilling to yet forecast if southern parts of the country will have snow or slush for Christmas.

[onlinecompanynews]

Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online https://www.merchant-business.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/?feed_id=199994&_unique_id=66e67b727e7ae News Investigators/... BLOGGER - #GLOBAL News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known Friday, after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira.Officials described this as a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products.Mr. Edun who was represented by the Executive Chairman Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country,” a statement by Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, said.“Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval.“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” it said.Adding: “From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.“Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.“We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.“We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.“This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth,” the statement added.“News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first…”Source Link: https://newsinvestigatorsng.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/geca31e90691fc54dbe57cae5f5103e363825ee9f34eeb56a4d2d14fe256ac33db3946cd430a02fc0af523c0a9ccae26a9ad.jpeg #GLOBAL - BLOGGER News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well

as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known … Read More

[internetcompanynews]

Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online - BLOGGER https://www.merchant-business.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/?feed_id=199993&_unique_id=66e67b7198801 News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known Friday, after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira.Officials described this as a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products.Mr. Edun who was represented by the Executive Chairman Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country,” a statement by Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, said.“Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval.“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” it said.Adding: “From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.“Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.“We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.“We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.“This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth,” the statement added.“News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first…”Source Link: https://newsinvestigatorsng.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/geca31e90691fc54dbe57cae5f5103e363825ee9f34eeb56a4d2d14fe256ac33db3946cd430a02fc0af523c0a9ccae26a9ad.jpeg Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online - #GLOBAL BLOGGER - #GLOBAL

[formidablecompanynews]

Dangote Sets To Flood Market Sunday, As Crude Purchase, Product Sales In Naira Deal Kicks Off - Journal Today Online https://www.merchant-business.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/?feed_id=199992&_unique_id=66e67b70839d6 #GLOBAL - BLOGGER BLOGGER News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known Friday, after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira.Officials described this as a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products.Mr. Edun who was represented by the Executive Chairman Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country,” a statement by Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, said.“Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval.“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” it said.Adding: “From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.“Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.“We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.“We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.“This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth,” the statement added.“News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira, even as the first…”Source Link: https://newsinvestigatorsng.com/dangote-sets-to-flood-market-sunday-as-crude-purchase-product-sales-in-naira-deal-kicks-off/ http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/geca31e90691fc54dbe57cae5f5103e363825ee9f34eeb56a4d2d14fe256ac33db3946cd430a02fc0af523c0a9ccae26a9ad.jpeg News Investigators/ The Nigerian Government has concluded arrangement for the sale of crude to local refineries as well as corresponding purchase of petroleum

products in Naira, even as the first batch of PMS delivery from Dangote Refinery would commence Sunday. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known … Read More