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By Akanimo Kufre The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has commended the Akwa Ibom state Governor, Mr. Udom Emmanuel for the state's huge investment in the power sector which according to him has added value to the improvement of the sector in the country. The Minister gave the commendation during…
March 13, 2018
The Federal Government is making progress on the establishment of modular refineries with the arrival of one set of package shipment already in the country and undergoing Customs clearance. The Niger Delta Inter-Ministerial Committee, chaired by Vice President Yemi Osinbajo, informed members at its presentation meeting in Abuja that the refinery would be installed in…
March 11, 2018
Oil giants Eni and Shell go on trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria, at the centre of which is Malabu oil company owned by former oil minister Dan Etete. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni…
March 5, 2018
By 'Dotun Akintomide In spite of Boko Haram's renewed hostilities in the North-east, the Nigerian National Petroleum Corporation (NNPC) remains resolute in its search for black gold in this beleaguered region as plans are underway for it to return to the Lake Chad Basin in Borno State soon. The Group Managing Director of NNPC, Dr.…
March 3, 2018
NOI polls, a research and survey firm says 86 per cent of Nigerians buy petrol at an average of N199 per litre. The firm revealed this in its latest report released in Abuja, on Tuesday adding that the amount was far above the N145 per litre price approved by the Federal government. It challenged the…
February 27, 2018
There may be no end in sight for the lingering fuel shortage in the country as depot owners under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) have given the federal government and its agencies 14 days to approve and pay off its remaining subsidy era indebtedness amounting to over N650…
February 22, 2018
The Nigerian National Petroleum Corporation (NNPC) said it supplied a total of 29.058 million litres of Premium Motor Spirit (PMS) popularly known as petrol to thirteen Northern states in three days. In its report on daily dispatch to filling stations made available to the News Agency of Nigeria (NAN) in Abuja on Friday, it named…
February 17, 2018
World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable distribution companies to supply consumers with additional power,” the World Bank said. Nigeria’s power…
February 16, 2018
… As Petroleum Tanker Drivers Disown Purported Threat of Industrial Action The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, Friday in Abuja has appealed to the leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to reconsider the 15-day ultimatum it issued government over what the…
February 2, 2018
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By Akanimo Kufre The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has commended the Akwa Ibom state Governor, Mr. Udom Emmanuel for the state's huge investment in the power sector which according to him has added value to the improvement of the sector in the country. The Minister gave the commendation during…
March 13, 2018
The Federal Government is making progress on the establishment of modular refineries with the arrival of one set of package shipment already in the country and undergoing Customs clearance. The Niger Delta Inter-Ministerial Committee, chaired by Vice President Yemi Osinbajo, informed members at its presentation meeting in Abuja that the refinery would be installed in…
March 11, 2018
Oil giants Eni and Shell go on trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria, at the centre of which is Malabu oil company owned by former oil minister Dan Etete. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni…
March 5, 2018
By 'Dotun Akintomide In spite of Boko Haram's renewed hostilities in the North-east, the Nigerian National Petroleum Corporation (NNPC) remains resolute in its search for black gold in this beleaguered region as plans are underway for it to return to the Lake Chad Basin in Borno State soon. The Group Managing Director of NNPC, Dr.…
March 3, 2018
NOI polls, a research and survey firm says 86 per cent of Nigerians buy petrol at an average of N199 per litre. The firm revealed this in its latest report released in Abuja, on Tuesday adding that the amount was far above the N145 per litre price approved by the Federal government. It challenged the…
February 27, 2018
There may be no end in sight for the lingering fuel shortage in the country as depot owners under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) have given the federal government and its agencies 14 days to approve and pay off its remaining subsidy era indebtedness amounting to over N650…
February 22, 2018
The Nigerian National Petroleum Corporation (NNPC) said it supplied a total of 29.058 million litres of Premium Motor Spirit (PMS) popularly known as petrol to thirteen Northern states in three days. In its report on daily dispatch to filling stations made available to the News Agency of Nigeria (NAN) in Abuja on Friday, it named…
February 17, 2018
World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable distribution companies to supply consumers with additional power,” the World Bank said. Nigeria’s power…
February 16, 2018
… As Petroleum Tanker Drivers Disown Purported Threat of Industrial Action The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, Friday in Abuja has appealed to the leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to reconsider the 15-day ultimatum it issued government over what the…
February 2, 2018
