Home Topics Gas Flared Penalty

Gas Flared Penalty

Federal govt loses $2.27 billion to OPA – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI} says Nigeria lost N60.99 billion 2.27 billion dollars and to the Offshore Processing Arrangement (OPA) and crude for product swap arrangement, valuation issues, crude oil and petroleum products losses.

Recent Stories

NERC grants 9.5mw electricity generation licence to Ariaria Market

Nigerian Electricity Regulatory Commission, NERC, has granted a 9.5 megawatts embedded electricity generation licence to Ariaria Market Independent Power Plant Limited and an Independent Electricity Distribution Licence to distribute same within Ariaria Market to Ariaria Independent Energy Distribution Network Limited.

Court remands man for setting house ablaze in Osun

For willfully setting ablaze a residential building in Ile-Ife, an Osun State Magistrates’ Court sitting in Ile-Ife has ordered that a middle aged man, Usman Yinusa, be remanded in prison custody.

NFF to mobilize Nigerians for Iceland clash

Miffed by the embarrassing poor turnout of Nigerian fans during the Nigeria and Croatia opening Group B clash in the ongoing Russia FIFA World Cup, the leaders of the Nigeria delegation have concluded arrangements to mobilize Nigerians in every part of the country to provide support for the team during the crucial encounter against Iceland on Friday in Volgograd.

2019: CNPP warns parties against high nomination fees

Conference of Nigerian Political Parties (CNPP) Secretary in Lagos State, Mr. Olumide Oguntoyinbo, has warned against imposing high nomination fees on aspirants in their respective primaries for the 2019 elections.

Tariff war: China replies US on new Donald Trump threat

China will fight back firmly with “qualitative” and “quantitative” measures if the U.S. publishes an additional list of tariffs on Chinese goods, the commerce ministry said, accusing the U.S. of initiating a trade war.