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Ministry of Petroleum Resources
President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.
The Department of Petroleum Resources, DPR, yesterday, said it has commenced the audit of petrol retail outlets across the country, and has ordered 9,000 petrol stations across the country to immediately commence the upgrade of their facilities to allow them dispense gas to vehicles for transportation.
The Federal Executive Council (FEC), which gave the approvals sequel to a memorandum presented to it by the Minister of Works and Housing, Mr. Babatunde Fashola, SAN, also directed the Ministries of Petroleum Resources and Mines and Steel to develop strategies to enhance, stimulate and encourage local production.
Chief Timipre Sylva, the Minister of State for Petroleum Resources, has unveiled the Nigerian Content Development and Monitoring Board (NCDMB) Gas Hub and performed the groundbreaking ceremony of Rungas LPG Composite Cylinder Manufacturing plant, located inside the Gas Hub at Polaku community, Bayelsa state.
President Muhammadu Buhari has pledged to spend more on infrastructure across Nigeria, focusing on finishing projects delivered by local contractors and technology that create jobs for thousands of Nigerians.
President Muhammadu Buhari on Thursday in Abuja pledged to spend more on infrastructure across the country, focusing on finishing projects delivered by local contractors and technology that create jobs for thousands of Nigerians.
A former Nigerian attorney-general and Minister of Justice, Bello Adoke, has given the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, seven days ultimatum to retract alleged defamatory statements made against him.
The Federal Executive Council on Wednesday approved two contracts totalling N283.255bn and a foreign component of $18.12m.
This was contained in a statement signed by the Executive Director, CISLAC, Auwal Ibrahim Musa, where the CSOs expressed concern over hemorrhage on revenue flows and oil production that has earned Nigeria’s oil sector a not-too-favorable reputation both locally and internationally.
President Muhammadu Buhari has abruptly postponed his one day official visit to Yenagoa, the Bayelsa State Capital initially scheduled for today.
The two awards to CNL are – the “Award for Excellence in Environmental Sustainability and Stewardship” and “Award for the Best Exhibition Booth at NIPS 2019”. CNL’s Chairman and Managing Director, Jeff Ewing, received the two awards on behalf of the company.
Minister of State for Petroleum, Chief Timipre Sylva, has lauded oil and gas giant, Chevron Nigeria Ltd, for its immense contributions to the growth and development of the oil and gas sector in Nigeria.
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.
A principal witness, CSP Umar Babangida, on Wednesday alleged that Grace Taiga, a former director, Legal Services in the Ministry of Petroleum Resources, played a major role in the fraudulent gas supply agrrement between the Federal Government and Petroleum and Industrial Development (P&ID).
Femi Falana, a senior advocate of Nigeria (SAN), has asked the national assembly to work with anti-graft agencies for the recovery of “$103.7 billion lost on oil sale”.
Indications have emerged that Nigeria’s plans to have the $9.6bn awarded in favour of Process and Industrial Developments nullified on the grounds of the allegation of fraud regarding the Gas Supply Processing Agreement may fail.
The Police Command in Anambra has confirmed the rescue of a six-month-old baby from the wreckage of a storey building which collapsed at Obosi near Onitsha on Sunday.
Former President of the Senate, Senator David Mark, has described the re-election of Godwin Obaseki of Edo State as a triumph of people’s will.
Dangote Cement Plc, says it has committed over N4 billion into various Corporate Social Responsibility (CSR) projects in its 14 host communities in Yewa land in Ogun.
Prof. Isaac Adeyemi, the former Vice Chancellor, Bells University of Technology, Ogun, has charged Nigerian youths to harnessy their knowledge via the internet to be drivers of innovation and creativity for a better Nigeria.
Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has congratulated Nigerian-born scientist, Ernest Ezeajughi, who was elected to serve a second term as the Mayor of Brent.
Ivory Coast's top court on Monday cleared the path for President Alassane Ouattara to seek a contentious third term, as protests turned violent in several cities and fears grew of a repeat of the conflict that claimed 3 000 lives in the West African country a decade ago.
Three months after Evariste Ndayishimiye was sworn-in as Burundi’s new president, there is no sign of decline in human rights violations in the volatile East African country, UN experts said on Thursday.
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Dr Ahmad Lawan, and Speaker of House of Representatives, Mr Femi Gbajabiamila, over the failure to publish reports of all completed public hearings and corruption probes by the National Assembly since 1999, as well as the failure to disclose the number of probes that have resulted in the indictment of suspects, and naming of such suspects.
A cross-section of voters in Saturday’s governorship election in Ikpoba-Okha Local Government Area (LGA) of Edo has expressed satisfaction with the performance of the Independent National Electoral Commission (INEC) officials.
Former Nigeria international Ifeanyi Udeze has adviced Alex Iwobi to leave Everton after he was left out of the Toffees’ opening game against Tottenham Hotspur in Sunday’s Premier League.