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The House of Representatives on Tuesday reprimanded the Minister of Foreign Affairs, for the continuing maltreatment of Nigerians in the Diaspora.

House of Reps to probe ‘missing’ 5.2 million barrels of crude oil

The House of Representatives has directed its committee on petroleum to investigate the alleged missing 5.2 million barrels of crude oil allocated to local refineries under the Direct Sales Direct Purchase (DSDP).
Secretary of the APC Caretaker Committee, Senator John J. Akpanudoedehe in a statement on Tuesday said the 16 years of PDP administration was characterised by “looting of public funds”, adding that the party should spare Nigerians of the trauma of a reminder of the “disaster.”

APC urges fuel stations to stop hoarding petrol

The ruling All Progressives Congress (APC) has asked Nigerians to stop panic-buying following what it described as artificial fuel scarcity in the country.

Fuel queues: DPR to sanction marketers hoarding petroleum products

The Department of Petroleum Resources (DPR) says it will not hesitate to apply appropriate sanctions on marketers engaged in hoarding of petroleum products in their outlets.

PIB: Stakeholders want 10 percent derivation for host communities

Stakeholders in the oil and gas industry, Thursday demanded a raise of the oil operating expenditure from 2.5 per cent to 10 per cent for host communities in the new petroleum industry bill (PIB).

IPMAN advises Nigerian to stop panic buying of petrol

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol.

CSOs push for full deregulation as petrol queues emerge in Abuja

Civil society groups on Saturday pushed for complete deregulation of the downstream sector of the petroleum industry that allows markets forces to determine the pump price of petrol and other petroleum products in the country.
A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel, to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.

Former minister endorses Akwa Ibom government’s International worship centre

A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel. to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.
The National Publicity Secretary of Afenifere, Yinka Odumakin, said these in a statement entitled- ‘ACF hypocritical tears’, obtained by newsmen in Abuja.

Afenifere: Withdrawal of foodstuffs by Northerners a blessing in disguise

Pan-Yoruba socio-political organisation, Afenifere on Friday said the Northerners cannot threaten the South with withdrawal of cattle and other food produce as there are other alternatives where the items can be purchased.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

OPEC mourns ex-Saudi Arabia petroleum minister

The Organisation of Petroleum Exporting Countries (OPEC), yesterday expressed sadness over the death of a former Saudi Arabian Minister of Petroleum and Mineral Resources, Sheikh Ahmed Yamani, who passed away at the age of 90.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Niger Delta group dismisses $27 million bribe allegations against Timi Sylva, Simbi Wabote

An advocacy group, Niger Delta Peace Dialogue Initiative, NDPDI, has described as tissues of lies the allegations of $25 million and $2 million bribe taking against the Minister of State for Petroleum Resources, Chief Timipre Sylva, and Executive Secretary, Nigerian Local Content Development and Monitoring Board, Chief Simbi Wabote, respectively.
The Economic and Financial Crimes Commission (EFCC) Tuesday night denied reports that the Chairman-designate, Abdulrasheed Bawa, was arrested and detained by the agency under former Chairman, Ibrahim Magu, over illegal sale of 244 forfeited trucks.

EFCC: Former governors, ministers against Abdulrasheed Bawa’s appointment – APC chieftain

A chieftian of the All Progressives Congress (APC), Sir Lucky Worluh, has accused some former governors and ministers of working against the appointment of Abdulrasheed Bawa as Chairman of the Economic and Financial Crimes Commission (EFCC).

IPMAN: Petrol price may rise to N195 per litre

Members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, have advised Nigerians to expect a higher petrol pump price in the coming days, saying the price may rise to N195 per litre.

Nigeria Customs wants government to re-introduce N1.50k per litre on petroleum products

THE Comptroller General of Nigeria Customs Service, NCS, Col. Hameed Ibrahim Ali, retd, told the Senate that the revenue generating agency has asked the Federal Government to reintroduce the abolished N1.50k per litre imposed on Petroleum Products in accordance with the Petroleum Product Tax Regime of 2004.
4. President Muhammadu Buhari

President Buhari blames elites for upheavals in Nigeria

President Muhammadu Buhari said Tuesday that few Nigerians with ‘resources and influence’ were responsible for the upheavals being witnessed in parts of the country.

Oil marketers blame subsidy for downstream infrastructure decay

The poor state of infrastructure in petroleum downstream sector has been blamed on years of under-pricing the pump price of premium motor spirit, petrol, through subsidy payment.
FILE PHOTO - Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017. REUTERS-Brendan McDermid

Crude oil price hits 13-month high

Oil prices yesterday maintained their upswing, hitting their highest in about 13 months on the back of vaccine rollouts expected to increase demand even as producers kept supply reined in.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Minister: Nigeria to eliminate gas flaring by 2025

The Minister of State for Petroleum, Mr. Timipre Sylva, on Monday disclosed that Nigeria will join the global community in achieving complete elimination of gas flaring by 2025.

Ex-TUC chief: Nigerian government still subsidising petrol

A former Trade Union Congress president, Peter Esele, said the recent announcement of increment in fuel pump price by Petroleum Retail Outlets Owners Association of Nigeria (PETROAN) showed that the federal government is still subsidising petrol.

Major petroleum marketers advocate joint action to mitigate effects of petrol price hike

Marketers of petroleum products under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have called for a joint action of stakeholders in the Nigeria economy to find ways to mitigate adverse effects of the imminent increase in the price of petrol.

DPR inaugurates downstream remote monitoring system

The Department of Petroleum Resources (DPR) has inaugurated a Downstream Remote Monitoring System (DRMS) for transparency and accountability in monitoring transportation of petroleum products in the country.
Nigeria's national electricity grid collapsed on Sunday, the Transmission Company of Nigeria (TCN) said in a statement. Power outages in Nigeria, the most populous nation in Africa, are common, but a system collapse is unusual.

Pro-Buhari group kicks against high electricity tariffs

The Buharism Movement, a President Muhammadu Buhari support group, has condemned the high electricity tariffs by the Power Distribution Companies, DISCOS in the country.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Minister: Why another hike in price of petrol is inevitable

The Minister of State for Petroleum Resources, Mr. Timipre Sylva, has asked Nigerians to ready to endure the pain of another hike in the price of premium motor spirit, popularly called petrol, even as the country is also set to benefit from the rise in price of crude oil in the international market.

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Court orders substituted service of ‘harassment’ suit on Ikedi Ohakim

Justice Taiwo Taiwo of the Abuja Division of the Federal High Court on Wednesday, ordered the service of a suit bordering on alleged harassment on former Imo State Governor, Mr Ikedi Ohakim, through substituted means.
Nigerian midfielder Emmanuel Tochukwu has joined Ghanaian Premier League club Inter Allies on a one-year contract.

Nigerian midfielder joins Ghanaian side Inter Allies

Nigerian midfielder Emmanuel Tochukwu has joined Ghanaian Premier League club Inter Allies on a one-year contract.
The House of Representatives on Tuesday reprimanded the Minister of Foreign Affairs, for the continuing maltreatment of Nigerians in the Diaspora.

House of Reps to probe ‘missing’ 5.2 million barrels of crude oil

The House of Representatives has directed its committee on petroleum to investigate the alleged missing 5.2 million barrels of crude oil allocated to local refineries under the Direct Sales Direct Purchase (DSDP).
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police confirm killing of two officers by gunmen in Cross River

The Police Command in Cross River has confirmed that two officers were killed, on Wednesday, by unknown gunmen in Obubra Local Government Area.

Food dealers agree to lift ban on supply to Southern Nigeria

The leadership of Cattle and Foodstuff dealers under the aegis of Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) has agreed to end the blockade of supplies to the south.

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Demonstrators shout slogans as they rally against the military coup at the University of Yangon in Yangon, Myanmar, February 25, 2021. REUTERS-Stringer

Opponents, supporters of Myanmar coup scuffle as more protests planned

Supporters and opponents of Myanmar’s military clashed on the streets of Yangon on Thursday as authorities blocked students from leaving their campus to march, a day after a first flurry of diplomacy aimed at resolving the crisis.
At least 317 schoolgirls were abducted by bandits in the Friday morning raid on Government Girls Secondary School, Jangebe, in Zamfara State, the police have said.

Zamfara government negotiating with bandits for abducted schoolgirls safe return – source

Authorities in Zamfara are holding negotiations for the release of 317 schoolgirls kidnapped by criminal gangs last week, sources familiar with the talks said Monday.

WHO: Africa has stepped up vaccine procurement

The deployment of COVID-19 vaccines in Africa has accelerated amid the quest to contain the virus and reopen the continent’s economy, the World Health Organisation (WHO) said.
Speaker of the House of Representatives, Femi Gbajabiamila, yesterday asked Health Minister, Dr. Osagie Ehanire, the whereabouts of visiting Chinese medical personnel, saying their activities in the country must the oversighted by the parliament.

Nigeria to adopt polio-immunisation strategy in vaccinating eligible citizens

As Nigeria receives its first batch of 3.92 million doses of AstraZeneca COVID-19 vaccines on Tuesday, the federal government has said it would adopt the strategy deployed during the polio pandemic in the country in vaccinating eligible citizens.
A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel, to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.

Former minister endorses Akwa Ibom government’s International worship centre

A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel. to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.