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National Bureau of Statistics NBS

NBS: FAAC disbursed N257.76 billion to federal government in April

The National Bureau of Statistics (NBS) on Thursday revealed that the Federal Government received N257.76 billion from Federation Account Allocation Committee (FAAC) in April, 2019.

Chevron: Only Ojumole oil well burnt in Ondo

The Chevron Nigeria Limited (CNL) has emphasized that only one oil well (Ojumole) was affected by the penultimate Thursday fire in Ikorigho community of Ilaje Local Government Area of Ondo state.

NNPC to inaugurate largest cooking gas storage facility in Benin

The Nigerian National Petroleum Corporation (NNPC) says it will unveil the largest Liquefied Petroleum Gas (LPG) also known as cooking gas and Propane Storage and dispensing facility in Oredo, Benin City.
Aiteo Group

Aiteo announces closure of Nembe Creek Trunk Line 48 hours after reopening

Barely 48 hours after Aiteo Eastern Exploration and Production Company announced the reopening of operations on the Nembe Creek Trunk Line (NCTL), the facility has again been shut down.

DPR: Why Anambra, Enugu, Kogi can’t be declared oil bearing states

The Department of Petroleum Resources (DPR) on Thursday said that Anambra, Enugu and Kogi States can only be declared oil- producing states if necessary conditions are met.
Nigerian National Petroleum Corporation (NNPC)

NNPC, NPDC to unveil LPG facilities in Edo to boost consumption

The Nigerian National Petroleum Corporation (NNPC) and its Exploration and Production subsidiary, Nigerian Petroleum Development Company Limited (NPDC), Thursday in Abuja, disclosed that they are set to unveil the largest LPG and Propane Storage and Dispensing facility in Oredo, Benin City, Edo State.
eni

Malabu scandal: How Shell, Eni used Nigeria’s share to fund alleged bribery scheme – analysis

New analysis has found that oil giants Shell and Eni’s controversial deal for a Nigerian oil licence included unprecedented terms which funded an alleged bribery scheme.
National Bureau of Statistics NBS

NBS: Federal, states, local governments share N1.92 trillion tiers in three months

The National Bureau of Statistics (NBS) has revealed that the Federation Account Allocation Committee (FAAC) has disbursed N1.92 trillion to three tiers of government in first quarter of 2019.

Delta, Akwa Ibom received highest as federal, states, local governments shared N8 trillion in...

A new report has disclosed that the federal government, 36 states and the 774 local government councils in Nigeria shared a total sum of N8 trillion from the Federation Account in 2018 in spite of the shut-ins in several oil installations during the period.
National Bureau of Statistics NBS

NBS: FAAC disburse N1.92 trillion to three tiers of government in 1st quarter

The Federation Account Allocation Committee (FAAC) has disbursed N1.92 trillion to three tiers of government in first quarter of 2019, according to the National Bureau of Statistics (NBS).

Motorists, commuters urge DPR to sanction stations hoarding petrol

Motorists and commuters in Damaturu, have urged the Department of Petroleum Resources (DPR) to sanction petrol stations not selling the product and creating artificial scarcity.

Easter: DPR sanctions 10 filling stations for selling petrol above N145 per litre

The Department of Petroleum Resources says it has sanctioned 10 filling stations caught dispensing fuel above N145 per litre government approved price in Rivers.

DPR to clamp down on illicit cooking gas retailers

The Department of Petroleum Resources (DPR) has said that it will clamp down on illicit retailers of Liquefied Petroleum Gas (LPG) popularly known as cooking gas in Rivers.

Easter: DPR cautions against panic buying of petroleum products

The Department of Petroleum Resources (DPR) Field Office in Enugu says petroleum marketers who sell products above government approved prices risk having their stations sealed.

Gas flaring offenders risk N10 million fine for inaccurate data

The Senate on Wednesday passed a bill for an Act to prohibit gas flaring in the country.

DPR vows to stop petrol diversion

The Department of Petroleum Resources (DPR) in Sokoto State has restated its commitment to checkmate hoarding, diversion and selling of petroleum products above the control price.

DPR restates commitment to check hoarding, diversion of petroleum products

The Ibadan Field Office of the Department of Petroleum Resources (DPR) has restated its commitment to check the hoarding and diversion of petroleum products.

DPR seals 14 fuel stations in Sokoto, Kebbi

The Department of Petroleum Resources (DPR) says it has sealed 14 fuel service stations in Sokoto and Kebbi states for selling above control price and suspected diversion of products.

Recent Stories

Walter Duru

Group backs NFIU on directive on local government funds

An advocacy-based Civil Society Organization, Media Initiative against Injustice, Violence and Corruption (MIIVOC), has thrown its weight behind the Nigerian Financial Intelligence Unit (NFIU) over its directive on the management of local government funds.

Katsina prays against banditry, kidnapping

Residents of Katsina state on Sunday thronged the ‘’Hajia Hindatu Abdullah’’, Multi-Purpose Women Center at ‘’Filin Sanji’’ in Katsina to pray against banditry attacks, which had threatened lives and properties in the state for quiet sometime now
Maurizio Sarri Chelsea

Maurizio Sarri set to quit Chelsea for Juventus

It is claimed by local pundit Tancredi Palmeri that the Italian tactician will leave Stamford Bridge after the Europa League final against Arsenal on Wednesday.
Professor Biodun Ogunyemi

Biodun Ogunyemi: Hold academics, not ASUU responsible for any electoral irregularities

The Academic Staff Union of Universities (ASUU) has absolved itself from any electoral irregularities associated with academics involved in elections in Nigeria.
Ahmed Yusuf Fresh

Niger FA chief vows to improve youths football

Chairman of the Nigerian Football Federation Technical and Development Committee, Ahmed Yusuf Fresh has been re-elected as the Chairman of Niger State FA.