Home Topics Deregulation
Following fears that Nigeria may have returned to the era of petrol subsidy payment, the Federal Government has been accused of lacking policy clarity in the deregulation of the downstream sector of the petroleum industry.
Indonesia, on Sunday, detected signals that could come from a flight recorder of a Sriwijaya Air jet that crashed into the sea soon after taking off from the capital Jakarta.
A Sriwijaya Air plane crashed into the sea on Saturday minutes after taking off from Indonesia’s capital Jakarta.
Nigeria’s ruling All Progressives Congress, APC, has condemned the invasion of the United States of America, USA, Congress, The Capitol, by political thugs and hoodlums, recalling how the US used to be a baseline for measuring democracy in other countries.
Consumers of the Liquefied Petroleum Gas, LPG, would have more domestic supply, as the Nigeria LNG Limited, has started the supply of 450,000 metric tonnes, MT in 2021.
The House of Representatives has passed a motion to bar transportation workers from raising fares for commuters during the Christmas and New Year period.
Thousands of Indian farmers protesting against deregulation of agriculture markets are drawing strength from Sikhs around the world who are urging foreign governments to intercede with Prime Minister Narendra Modi.
Bello, a former Chief Operating Officer/Group Executive Director, Upstream Business Unit at the Nigeria National Petroleum Corporation (NNPC) disclosed this at the weekend during a roundtable on ‘Deregulation of Nigeria’s Downstream Oil Sector’ in Abuja.
“Our discussion was fruitful and the Nigerian National Petroleum Corporation (NNPC) which is the major importer and marketers of petroleum product and customers have agreed that there will be a slide down of the pump price of PMS.
The Federal Government has reduced the pump price of premium motor spirit (petrol) from N168 per litre to N162.44 per litre effective from December 14, 2020.
Federal Government has caved in to demand by the organised labour by slashing the pump price of premium motor spirit by N5.
The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that Nigeria remains one of the most expensive countries in the world for petroleum upstream projects.
The Non-Academic Staff Union (NASU) of Universities has expressed worry over the delay in the conclusion of renegotiations between the federal government and unions in tertiary institutions.
President Muhammadu Buhari, on Tuesday unveiled autogas as alternative for petrol in an expanded programme tagged National Gas Expansion Programme (NGEP).
President Muhammadu Buhari will on Dec. 1 roll out the autogas scheme in Abuja as the Federal Government moves to create alternative fuel for automobiles and other prime movers in Nigeria.
A statement by the command spokesman, DSP Abimbola Oyeyemi said the three men; Samuel Sunday, a 20 years old resident of Fagba in Lagos State, Adeleke Mustapha; a 22years old resident of Ajala area of Lagos State and Joel Rotimi, a 19 years old resident of Taju Bello street Agbado, Ogun state were arrested on Thursday, 14 January 2021.
U.S. Senator Kamala Harris of California will resign from the Senate on Monday in preparation for her inauguration as Joe Biden’s vice president on Wednesday, according to aides familiar with her plans.
The Directorate of Public Prosecution (DPP), Lagos State Ministry of Justice, has said that 2,663 inmates out of 2,423 representing 91 percent of total inmates enrolled at the five federal correctional centres in the state, as at December 2020, are awaiting trial.
The Niger State Government on Sunday urged political parties contesting in the forthcoming Magama/Rijau House of Representatives by-election to embark on peaceful campaign.
Hon. Ibezi Ifeanyichukwu, who represented Idemili North and Idemili South Federal Constituency at the House of Representatives, has called on party faithful and stakeholders of All Progressive Grand Alliance (APGA) in his constituency to unite if they must win the forthcoming Governorship election in Anambra State.
The Akwa Ibom State government on Sunday held an emergency meeting to discuss the surge in COVID-19 infection in the state.
On Saturday, the German talked at length with the Arsenal board to terminate his contract. Both parties have reportedly reached an agreeement and Ozil will move in the next 24 hours
Brazil’s federal police arrested Argentine golfer Ángel Cabrera on Thursday for extradition to his homeland to face charges for several crimes allegedly committed from 2016 to last year, two officers said.
The Lagos State Commissioner for Information, Mr Gbenga Omotoso, on Tuesday, disclosed that the state generates 400 cylinders of oxygen for the care of COVID-19 patients.
The Ogun State government said it is being thorough in setting up its security outfit, code-named ’AMOTEKUN’, to ensure a seamless relationship between the outfit and other conventional security agencies.