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Port Harcourt Refinery

IPMAN calls for local refining to fix petroleum sector

Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries, the problems in the petroleum sector will persist. Ogundoyin stated this...
Nigerian National Petroleum Corporation (NNPC) has disclosed that its Upstream subsidiary – Nigerian Petroleum Development Company (NPDC) is the largest producer of gas contributing 1bscfg-d to the domestic market for power generation.

Report: NPDC owed N2.9 trillion, records $5 billion overdue taxes, others

The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, is yet to recover N2.9 trillion debts owed it as at the end of 2018, according to a report published by a research and data analytics firm, Dataphyte Nigeria.
Akwa Ibom State Governor Udom Emmanuel says it is unsafe to reopen schools in the state in view of the COVID-19 pandemic.

Governor Emmanuel demands petroleum depot in Akwa Ibom

Governor Udom Emmanuel of Akwa Ibom State has insisted that Akwa Ibom State sitting on 25% of Nigeria’s oil and gas reserve, deserves at least a petroleum depot to regig the state economy and open up job opportunities for the youths.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Revised petroleum industry bill may be passed June 2020 – minister

More than 15 months after President Muhammadu Buhari withheld assent to the harmonised Petroleum Industry Governance Bill (PIGB), Minister of State for Petroleum Resources, Timipreye Sylva, has given a glimmer of hope that the revised law may be passed by June 2020.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Minister: Federal government has achieved 50 percent 2019 budget performance

The Federal Government has achieved 50 percent budget performance in 2019 with the release of N1.2 trillion capital expenditure.
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

GMD: NNPC to begin full rehabilitation of refineries in 2020

The Nigerian National Petroleum Corporation (NNPC) says it will begin full rehabilitation of the nations three refineries by January 2020.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Rehabilitation in Port Harcourt refinery still ongoing

The Nigerian National Petroleum Corporation (NNPC) has said that the rehabilitation of the two Port Harcourt Refineries were still ongoing.
Nigerian National Petroleum Corporation (NNPC)

NNPC signs $50 million refinery overhaul contract with Italian firm

The Nigerian National Petroleum Corporation (NNPC) has again announced plans to revamp the nation’s four refineries to help the country save billions of dollars it expends annually on fuel imports.

Nigeria’s refineries post N114.3 billion loss in 11 months

Nigeria’s refineries posted a cumulative loss of N114.3bn in the first 11 months of 2018, latest industry data have revealed.

Federal government spends N11.52 billion to fix 87km oil pipeline

Federal Government’s oil revenues slashed by N11.52 billion used for the protection and repairs of 87-kilometre Trans Forcados crude oil pipeline in the Niger Delta in 60 days, document shows
Henry Ikem-Obih

Oil marketers to get N236 billion subsidy claims by Friday

Federal government says oil marketers would be paid N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on December 14
Nigerian National Petroleum Corporation (NNPC)

NNPC: Port Harcourt refinery gets financiers

The Nigerian National petroleum Corporation (NNPC) says that some of the financing companies it approached to revamp the country’s refineries have shown interest in Port Harcourt refinery.

Federal government to build 100,000bpd Brownfield refinery in Port Harcourt, Warri

Efforts to end massive fuel importation were unveiled, on Tuesday, as the Federal Government said it plans to establish a 100,000-barrels-per-day brownfield refinery in Port-Harcourt and Warri, as part of its refinery collocation initiative designed to boost local refining capacity.
Nigerian National Petroleum Corporation (NNPC)

NNPC to establish two additional refineries in Warri, Port Harcourt

The Nigerian National Petroleum Corporation (NNPC) says it has plans to establish 100,000-barrels-per-day brownfield refineries in Port-Harcourt and Warri to boost local refining of crude oil in the country.

Expert wants more investment on refineries

An oil and gas expert, Alhaji Tokunbo Korodo, on Monday urged the Federal Government to create an enabling environment for investors to build more refineries instead of depots.

President Buhari: Private companies coming back to Nigeria

Elated over Nigeria’s exit from crippling recession, President Muhammadu Buhari has said that foreign private companies were coming back to Nigeria.

Nigeria remains best investment destination – President Buhari

President Muhammadu Buhari on Thursday reiterated that Nigeria remained the best and most attractive investment destination in Africa.

President Buhari: Our economic agenda has turned Nigeria into an attractive investment destination

President Muhammadu Buhari has welcomed the rise in foreign private investments in the country owing to the success of his administration’s economic agenda.

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The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police lay siege on Delta hotel, denies NGO from holding meeting

Authorities of the Nigeria Police Force, on Friday, deprived an NGO, Brothers Across Nigeria, BAN, from holding her General Assembly at a popular Delta hotel in Ughelli, as armed police officers laid siege around the premises of Wetland Hotel.
Samuel-Kalu

Gernot Rohr backs Samuel Kalu to rediscover best form at Bordeaux

Nigeria head coach Gernot Rohr has backed Samuel Kalu to rediscover his best form for club and country.
Chief of the Air Staff, Sadique Baba Abubakar and Minister of Humanitarian Affairs, Sadiya Umar Faruk.

Associate disputes ‘marriage’ between NAF chief, minister

As news continued to spread on the purported marriage between the Nigerian Chief of the Air Staff, Sadique Baba Abubakar, and the Minister of Humanitarian Affairs, Sadiya Umar Farouq, a VOA Hausa report has quoted a close friend of the Air boss describing the report as false.
Five Republican US senators have confronted Netflix over the streaming giant’s plan to adapt a Chinese sci-fi book trilogy, expressing concern over the original author’s comments about claims of forced labor in Xinjiang.

US Republican senators confront Netflix over Chinese sci-fi show

Five Republican US senators have confronted Netflix over the streaming giant’s plan to adapt a Chinese sci-fi book trilogy, expressing concern over the original author’s comments about claims of forced labor in Xinjiang.
Head of Civil Service of the Federation, Dr Folasade Yemi-Esan, whose appointment was confirmed last week by President Muhammadu Buhari, also reiterated her commitment to giving focal and priority attention to capacity building.

Nigerian government urges workers to ignore planned strike

The federal government has urged public servants to ignore the strike planned for Monday by organized lab our, saying efforts are in place to resolve all contending issues.