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Speaker of the House of Representatives, Femi Gbajabiamila, yesterday said that the parliament passed 2021 in good time to ensure the country maintains the January to December budget cycle started last year.

Speaker: House of Reps to pass PIB in April

Speaker of House of Representatives, Femi Gbajabiamila, says the lawmakers plan to pass Petroleum Industry Bill (PIB) by April.

PDP tasks Joe Biden to sanction APC leaders, officials for ‘corruption, assault on democracy’

The Peoples Democratic Party, PDP, has commends United States President Joe Biden for lifting the immigration visa restrictions on regular Nigerians but urged him to impose firm sanctions on leaders of the All Progressives Congress (APC) and officials of the Buhari administration involved in acts of corruption and undermining our nation’s democracy.
Seplat Petroleum Development Company

Seplat asks privileges committee to sanction senior advocate

Seplat Petroleum Development Company has asked the Legal Practitioners Privileges Committee (LPPC) and the Legal Practitioners Disciplinary Committee of the Nigerian Bar Association (NBA) to sanction a Senior Advocate of Nigeria, Mr. Kunle Ogunba, for alleged gross misconduct and unethical practices contrary to the Rules of Professional Conduct for Legal Practitioners 2007.
Abuja Furniture Production (AFP), the furniture production unit of Julius Berger Nigeria Plc, has won its bid to provide turnkey furnishing for the head office of the Nigerian Petroleum Development Company (NPDC).

Julius Berger wins contract for furnishing NPDC head office

Abuja Furniture Production (AFP), the furniture production unit of Julius Berger Nigeria Plc, has won its bid to provide turnkey furnishing for the head office of the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
Festus Marinho, the first group managing director (GMD) of Nigerian National Petroleum Corporation (NNPC), died at age 87 on Tuesday.

Former NNPC chief Festus Marinho passes on

Festus Marinho, the first group managing director (GMD) of Nigerian National Petroleum Corporation (NNPC), died at age 87 on Tuesday.
Nigeria Liquefied Petroleum Gas Association, NLPGA, has kicked against moves by the Petroleum Products Pricing Regulatory Agency, PPPRA, to impose administrative levy, despite the deregulation of the LPG sector.

PPPRA: Nigeria’s cooking gas consumption hits one million tonnes

The Petroleum Products Pricing Regulatory Agency (PPPRA) says Nigeria’s domestic consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has exceeded one million Metric Tonnes (MT) in 2020.

Bayelsa community, Chevron disagree over source of Funiwa oil spill

Chevron Nigeria Limited (CNL) and the communities impacted by the crude oil spill from Funiwa oil fields in Koluama in Southern Ijaw Local Government Area of Bayelsa State have been sharply divided over where the crude oil leakage noticed over the weekend was coming from.
FILE PHOTO - Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS-Jessica Lutz-File Photo

Nigeria’s oil capacity to rise by 3,500 bpd

Nigeria’s oil production capacity is set to increase by additional 3,500 barrels per day, bpd, following the expected coming on stream of Ata Field in the Second Quarter (April-June) of 2021.

Chevron: Bayelsa oil spillage not from our facilities

Chevron Nigeria Limited (CNL) has disagreed with members of its host communities in Bayelsa on leakages reported at Funiwa Oil Fields operated by the oil firm off Bayelsa Coast.
President Muhammadu Buhari presenting the 2021 budget to the National Assembly.

CSOs condemn Nigerian government’s proposed sale of public assets to fund 2021 budget

As Nigerian and Nigerians grapple with economic recession and second wave of COVID-19 pandemic, Civil Society Organisations, CSOs, Monday, disagreed and condemned the alleged move by the Federal Government to sell public assets to implement 2021 budget.

NNPC records $120.49 million crude oil receipt in September 2020

The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020.
Gombe State Governor, Muhammadu Inuwa Yahaya has assured that payment of the N30,000 minimum wage will be resumed this January having been suspended due to the negative effect of the covid-19 pandemic.

Governor Inuwa: Gombe’ll resume payment of N30,000 minimum wage end of January

Gombe State Governor, Muhammadu Inuwa Yahaya has assured that payment of the N30,000 minimum wage will be resumed this January having been suspended due to the negative effect of the covid-19 pandemic.
Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.

TNOG acquires 45% of OML 17 from Shell, Total, ENI

Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC asks court to inspect $9.8 million, £74,000 in CBN seized from ex-NNPC chief

The Economic and Financial Crimes Commission (EFCC) has urged a Federal High Court in Abuja to visit the Kano branch of the Central Bank of Nigeria (CBN) to inspect the $9,772,800 and £74,000 cash seized from a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Engr. Andrew Yakubu.
Nigerian National Petroleum Corporation (NNPC)

96 firms bid for NNPC infrastructure rehab

No fewer than 96 companies from Nigeria and overseas have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure.
Vice President Yemi Osinbajo has charged stakeholders in the oil industry to find a way of producing oil cheaper at the largest volume possible given the circumstances and future of oil itself and the country’s of requirements and needs.

VP Osinbajo: Nigeria should find way of producing oil cheaper at largest volume

Vice President Yemi Osinbajo has charged stakeholders in the oil industry to find a way of producing oil cheaper at the largest volume possible given the circumstances and future of oil itself and the country’s of requirements and needs.
Mele Kyari,

NNPC restates commitment to OPEC agreement

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies aimed at stabilizing the global oil market.

NNPC diversifying portfolio beyond oil assets – GMD

The Nigerian National Petroleum Corporation (NNPC) says it is currently diversifying its portfolio beyond oil assets due to the impact of global energy transition.

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Billionaire Carlos Slim has had Covid-19 for over a week and is doing well, his son tweeted Monday.

Mexico’s richest man Carlos Slim hospitalized with coronavirus

Slim is Mexico’s wealthiest man. His family controls America Movil, the largest Mexican telecommunications provider, whose operations includes mobile and fixed-line voice services, wireless, internet and fixed-data services.

Gani Adams: Nigeria’s 1999 Constitution is satanic

The Aare Ona Kakanfo of Yorubaland, Iba Gani Adams, has called for the correction of the 1999 Constitution for peace to reign in Nigeria.

Gani Adams: Food crisis looms in Southwest due to herders attacks

The Aare Ona Kakanfo of Yorubaland, Aare Gani Adams, says food crisis is imminent in the South-West region of Nigeria due to the onslaught on farmers by Fulani herdsmen.
Mr Adolphus Aghughu has emerged the Acting Auditor-General of the Federation, AuGF as the erstwhile auditor-general, Mr Anthony Ayine, retires from service.

President Buhari appoints Adolphus Aghughu as the Auditor-General of the Federation

President Muhammadu Buhari has nominated Adolphus Aghughu for appointment as the Auditor-General of the Federation pursuant to Section 86(1) of the Constitution of the Federal Republic of Nigeria (as amended).
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police: No influx of herdsmen to Ekiti forests

The Police Command in Ekiti State on Wednesday said there was no influx of herdsmen forests in the state from Ondo State forest reserves as being reported in the media.