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Nigerian National Petroleum Corporation (NNPC)

PANDEF: South-South, South-West, South-East marginalized in NNPC

Pan-Niger Delta Forum, PANDEF, the mouthpiece of traditional rulers, leaders and stakeholders of the coastal states of Niger Delta, Friday, warned the Nigeria National Petroleum Corporation, NNPC, which has allegedly sidelined South-South, South-West and South-East from its top management positions, to stop insulting the people of the oil/gas-rich region.
Nigerian National Petroleum Corporation (NNPC)

NNPC, Chevron, Bovas donates medical equipment, consumables to Kano

The Nigerian National Petroleum Corporation (NNPC), Sunday, disclosed that the oil and gas industry coalition against the novel Coronavirus (COVID-19) pandemic, that it is spearheading, has donated medical consumables, equipment and an ambulance to the Kano State Government, to support the state’s fight against the pandemic.

IOCs, indigenous firms, others scale down operations

The International Oil Companies, IOCs, indigenous oil companies and servicing firms have further scaled down their operations as the price of Bonny Light, Nigeria’s premium oil grade has fallen from $23.42 to $22.20 per barrel in the global market.
Rivers State Governor Nyesom Wike

Rivers virus committee activates social media platforms

The 5-man Rivers State Inter-ministerial Committee on Enlightenment and Awareness Creation on coronavirus says in continuation of its aggressive campaign, it will activate all its social media platforms, and carry out sensitisation to car parks and markets.
Rivers State Government has denied social media news claiming that Governor Nyesom Wike insulted the leadership of the Peoples Democratic Party (PDP) for protesting against the Supreme Court verdict on Ihedioha Vs Governor Uzodinma of Imo State.

Rivers shuts largest weekly market in Port Harcourt

The Rivers State Government has closed down the biggest weekly market in the state, popularly known as the Oil Mill market with effect from today, Wednesday, March 25, 2020.
President Muhammadu Buhari and the Governor of Nasarawa State, Mr Abdullahi Sule, are meeting right now.

President Buhari urged to shut down Abuja, Lagos

A former lawmaker representing Kogi West at the Senate, Senator Dino Melaye, has urged President Muhammadu Buhari to shut down Lagos and Abuja without further delay.
The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 15 Liquefied Petroleum Gas (LPG) skid stations for operating without valid licences.

DPR: Nigeria’s fuel stock to last 23 days

The Department of Petroleum Resources (DPR), the supervisory body for the country’s petroleum industry operations, has said that the country has a stock of the product to last the next 23 days.

Biodun Ogunleye: Why Nigeria operates below 5,000mw of electricity

Nigeria would continue to operate below 5,000 megawatts (Mw), as long as the Federal Government fails to explore the opportunities for electricity generation, the Chief Executive Officer, Power Cam Nigeria Limited, Mr Biodun Ogunleye, has said.
Gov. Udom Emmanuel of Akwa Ibom state has sued for a more mutually beneficial relationship between ExxonMobil, the host communities and the state government.

Governor Emmanuel charges Exxonmobil on stronger collaboration

Gov. Udom Emmanuel of Akwa Ibom state has sued for a more mutually beneficial relationship between ExxonMobil, the host communities and the state government.

Collapse of talks between federal government, PANDEF risky, threat to peace – Niger Delta...

Militants and other interest groups in Niger Delta have said that the breakdown of talks between the Federal Government and Pan-Niger Delta Forum, PANDEF, after the regional body successfully prevailed on agitators to cease hostilities in 2016 , was counterproductive and a huge threat to peace in the oil-rich region.
Keun Wood Paik; President of the Senate, Ahmad Ibrahim Lawan, and President and Chief Executive Officer of Hyundai Engineering and Construction Company, Chang Hak Kim, during the courtesy visit of Hyundai Engineering President/CEO to the Senate President at the National Assembly, Abuja, on Wednesday, December 18, 2019.

Senate president assures investors of protection, support

President of the Senate, Ahmad Lawan, on Wednesday assured investors who are willing and ready to invest into the Nigerian economy of adequate protection and support.
Senate President Ahmed Lawan 1

PIB: Senate president explains how National Assembly will break the jinx

President of the Senate, Ahmad Lawan, has said the Ninth National Assembly will do things differently to break the jinx with the passage of the Petroleum Industry Bill (PIB) next year.
Senator Peter Nwaoboshi

Senate challenges NDDC’s interim committee to publish facts on ‘N1 billion monthly consultancy fee’

The Senate has called on the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) to publish facts, if any, to substantiate their allegations on the payment of N1billion monthly consultancy fee to a company linked to the Chairman of the Senate Committee on the agency, Senator Peter Nwaoboshi.
national assembly abuja

National Assembly to grill finance minister, central bank chief, others, over N72 billion, $73...

The National Assembly has said it is set to invite Federal Government officials and 17 local and international oil companies over the alleged indebtedness to the Niger Delta Development Commission to the tune of N72bn and $73m.

NDDC suspends payment of N1 billion monthly ‘agent fee’ to consultant

The Acting Managing Director of the Niger Delta Development Commission, NDDC, Dr Gbene Joi Nunieh, says the Commission has suspended the monthly payment of N1 billion to a consultant that collects money from International Oil Companies, IOCs, on its behalf.
Seplat Petroleum Development Company

IOCs, Seplat, others to meet gas needs

International Oil Companies (IOCs), Seplat and other local players in the industry, will soon meet on the need to expand the domestic gas market and further make the product available to thermal plants across the country, it was gathered in Lagos.

AFCTFA: NLC demands fair trade deal

Organised Labour has taken a swipe at the World Trade Organization (WTO) and other international trade bodies who reject Nigerian yams under the pretence that they are too big.
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, yesterday disclosed that the federal government plans to conduct oil blocks bid rounds in 2020.

CSO asks President Buhari to sack minister over $62 billion debt statement

A Civil Society Organisation (CSO), the Accountable Leadership For Better Nigeria Initiative, ALBNI, has called on President Muhammadu Buhari to relieve the Minister of State for Petroleum Resources, Timipre Sylva, of his duties over claims by the latter that debt owed the federal government by the International Oil Companies, IOCs, would be difficult to recover legitimately.

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The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Nigeria proposes N2.3 trillion to boost mining, other sectors

The Minister of Mines and Steel Development, Olamilekan Adegbite, says the federal government has proposed N2.3 trillion to boost the mining and other sectors of the economy in post COVID-19 rescue operations.
The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

New SEC chief Lamido Yuguda assumes office

The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

APC mourns deceased former national vice chairman

The All Progressives Congress (APC) has mourned the death of immediate past National Vice Chairman (North West), Inuwa Abdulkadir.
Minister of State for Education, Chukwuemeka Nwajiuba

Minister: WAEC exam starts in August 4

The Minister of State for Education, Emeka Nwajuiba, says the West African Senior School Certificate Examinations will take place between August and September.
Overland Airways

Overland Airways announces resumption of scheduled flight services

Overland Airways on Monday announced the resumption of its flight services with effect from July 15, 2020, following the lifting of the Federal Government’s suspension of flight operations in the country imposed as part of efforts to contain the spread of the COVID-19 (Coronavirus) pandemic.