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Global Memorandum of Understanding
Rivers State Governor Nyesom Wike has said he will develop stakeholder communities in Oil Mining Lease (OML 25).
The Rivers State Governor, Nyesom Ezenwo Wike, has directed all parties in dispute over the Oil Mining Licence, OML-25 to resolve all contending issues within 7 days and reopen the oil facility.
The Nigerian National Petroleum Commission (NNPC)/Chevron Joint Venture has commissioned 10 projects worth over N400 million as part of the N5.56 billion invested in Egbema Gbaramatu Communities’ Development Foundation (EGCDF) since its inception.
The Shell Petroleum Development Company of Nigeria Limited (SPDC) says out of the over N41billion disbursed for community projects in Niger Delta, about N15billion went to Rivers State under the Global Memorandum of Understanding.
Stakeholders Alliance for Corporate Accountability, SACA, an organization based in Yenagoa has called on multi-national oil companies operating in the Niger Delta to adopt best global practices in their operations.
Communities in Bayelsa State received a total of N21.71 billion from the Shell Petroleum Development Company of Nigeria (SPDC) Ltd. for development projects between 2006 and 2017.
Shell Petroleum Development Company Joint Venture said it spent N202 million on projects in its host communities in Emohua Local Government Area of Rivers.
The Chairman of Shell Companies in Nigeria, Osagie Okunbor, on Thursday said 290 Nigerian contractors received loans valued at over N472 billion under the Shell Contractors Support Fund (SCSP).
The Delta State Government has appealed to the Shell Petroleum Development Company (SPDC) to once more resume full operations to Warri.
A disagreement between the operators of the Oil Mining Lease (OML) 30; Heritage Energy Operational Services (HEOS) and its host communities is threatening production in the nation’s largest oil field.
Armed Soldiers on Saturday invaded the site of three Agip Oil wells shut down by angry Indigenes of Ikebiri community of Southern Ijaw Local Government Area council of Bayelsa State.
The Shell Petroleum Development Company (SPDC) says the degradation of the environment in the Niger is mainly due to spillages from the activities of crude oil thieves, sabotage of facilities, illegal refining and other third party interferences, rather than negligence by the company.
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Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.
President Muhammadu Buhari on Wednesday in Abuja, cautioned new cabinet Ministers against unnecessary altercation while discharging their responsibilities.
The National Assembly Election Petitions Tribunal in Kaduna has dismissed the petition challenging the election of Senator Uba Sani as the lawmaker representing Kaduna Central Senatorial District at the National Assembly.
President Muhammadu Buhari has approved the appointment of aides for the Office of the First Lady, occupied by Hajia Aisha Buhari.
The presidents of Rwanda and Uganda on Wednesday signed an agreement in Angola to end months of tensions after the two leaders exchanged accusations of spying, political assassinations and meddling.
The immediate past Deputy Senate President, Senator Ike Ekweremadu, was on Saturday physically attacked in Nuremberg, Germany, where he had gone to attend the new yam festival by some members of the proscribed Indigenous Peoples of Biafra (IPOB), who claimed he and some other Igbo leaders in power had not done enough to protect their interest and those of other Igbo from the alleged oppressions of the current government of President Muhammadu Buhari in the country.
The Federal Government has earmarked the sum of $300million (about N110billion) as a support initiative for about 5,000 Small and Medium Enterprises (SMEs) in the agribusiness.
Kidnappers seems to have adopted a new measure to ensure they stay alive while carrying out their nefarious activities as they now demand for foodstuffs as condition to release their victims.
A medical expert, Dr Ademola Lawal, has said that Nigeria has the capacity to handle any case of Ebola in the country with its experience on the Lassa fever challenge.
Sudan’s military leaders and the country’s pro-democracy opposition movement have formed an 11-member sovereign council to lead the country through a three-year transitional period towards civilian rule, state news agency SUNA reported.