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Minister of State for Petroleum Resources
The statement said energy professionals and consultants gathered by the ministry agreed that to achieve the new targets set by President Muhammadu Buhari’s administration for the Oil and Gas sector, there is need to put a sound and stress-free acreage management policy in place.
President Muhammadu Buhari has returned to Abuja after five-day visits to Malabo (Equatorial Guinea), Katsina and Kaduna States.
Minister of State for Petroleum Resources, Chief Timipre Sylva, Tuesday, disclosed that the Federal Government and the entire country is relying heavily on revenue from the Nigerian petroleum industry to finance the country’s annual budget and for the development of critical infrastructure.
The Minister of State for Petroleum Resources, Timipre Sylva, says Nigeria has met the 100 per cent target agreement entered into by the Organisation of Petroleum Exporting Countries (OPEC) and 10 Non-OPEC Member States.
President Muhammadu Buhari will depart Abuja Friday to participate in the 5th Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea.
The National Chairman of the All Progressives Congress on Thursday formally presented the Kogi Governor-elect, Yahaya Bello, to President Muhammadu Buhari at the Presidential Villa, Abuja.
Bayelsa election: Governor Dickson tenders video, claims electoral fraud, violence, blames army for colluding...
The embattled Bayelsa State Governor, Seriake Dickson, has tendered video evidence in support of the killings and election violence that he says characterised the conduct of last Saturday’s governorship election in Nembe local government area and some other parts of the state.
The Minister of State for Petroleum Resources, Timipre Sylva, has thanked Gov. Serike Dickson of Bayelsa for making it easier for the All Progressives Congress (APC) and its governorship candidate, David Lyon, to win the Nov. 16 election.
President Muhammadu Buhari is currently meeting behind closed doors with the Bayelsa State Governor-Elect, David Lyon, at the Presidential Villa, Abuja.
The All Progressives Congress (APC) United Kingdom chapter, has urged the newly elected governor of Bayelsa, Mr David Lyon to see his election as a call to higher service.
Speaking at the grand rally of the party held at the Oxbow Lake Pavilion in Yenagoa, the APC leadership mocked the PDP led administration for failing the state.
Petroleum Technology Development Fund (PTDF), in collaboration with the Federal Ministry of Justice, on Tuesday flagged off a workshop to train judicial officers and legal practitioners on emerging trends in oil and gas legislation.
Nigerians may bid fuel scarcity farewell if the Federal Government’s plan to build two 200,000 barrels per day (bpd) condensate refineries comes to fruition.
The Federal Government has pledged to support the 650,000 barrels per day capacity Dangote Refinery and Petrochemicals Plant with crude oil feedstock and other necessary inputs to the success of the project.
The Federal Government has reiterated its support for the $12bn Dangote Refinery and Petrochemical through feedstocks and off-takers of products to add value to the nation’s economy.
Keniebi Okoko, a former governorship aspirant and chieftain of the People’s Democratic Party (PDP) in Bayelsa State, has said the opposition All Progressives Congress (APC) does not stand a chance in the forthcoming November 16 governorship election.
President Muhammadu Buhari has returned to Nigeria from his four-day visit to the Russian Republic extremely happy with the success of the visit, which outcome is the best response to a few skeptical audiences back home, including a toxic newspaper editorial, “Buhari, Stay On Your Job,” by the Lagos-based Punch Newspaper asking him to not travel.
The governorship candidate of the All Progressives Congress (APC), Chief David Lyon, has promised to work for the rapid economic development of Bayelsa State by reviving the gas turbine in Kolo Creek to ensure adequate power supply in the state within 12 months into office.
Business experts and microfinance directors have identified lack of integrity and corporate governance as part of reasons why many small and medium businesses (SMEs) struggle to survive in the present economic situation.
The House of Representatives has set up an inquiry into allegations that the management of the Nigeria Social Insurance Trust Fund (NSITF) pilfered N2.3billion of workers’ funds. The motion to probe the agency was sponsored by Rep. Francis Ejiroghene Waive.
A Non Governmental Organisation known as Mercy Corps Nigeria (MCN) has revealed through research that no less than 13.2 million Nigerian children are out of school in the country.
The regulatory body represented on the National Frequency Management Council (NFMC), in conjunction with the National Broadcast Commission, (NBC) has been charged with the responsibility to propose subsidiary legislation to support existing Act for enhanced efficiency and fairness to consumers. It is also to ensure that consumers are not been exploited by Satellite Television station providers.
French President Emmanuel Macron and Nigerien President Mahamadou Issoufou on Thursday agreed to postpone a summit on France’s military involvement in the Sahel region after a deadly attack on Nigerien forces, the Elysee Palace said.
Arsenal have made an approach for Paulo Sousa as they continue their search for a new head coach.
Rivers State governor, Barr. Nyesom Ezenwo Wike, has called on ex-servicemen in the state to stand united, if they wish to achieve success.
The Bureau of Public Enterprises (BPE), has assured that with the various interventions by the Federal Government in the power sector, consumers in the country will soon have quality and improved electricity supply.
National Youth Council of Nigeria, NYCN, Enugu State chapter has commended the courage of Governor Ifeanyi Ugwuanyi in restoring the original masterplan of the capital city.
The Department of State Services (DSS) says circulation of a video on an attempt to rearrest Omoyele Sowore, the convener of the RevolutionNow protest in a courtroom was mischief.