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Nigeria Labour Congress (NLC) has finalised its plan to stage a nationwide rally on September 28 to protest the increase in the prices of petrol and electricity tariff.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at the international price.
Waltersmith Petroman Oil Ltd., a Nigerian independent producer, will open a 5,000-barrel a day capacity modular refinery next month in Africa’s top crude producer that imports all of its refined-product needs.
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.
Unending vandalisation of oil and gas assets and petroleum products theft continue to impact the country negatively, as the Nigerian National Petroleum Corporation, NNPC, weekend, disclosed that it spent N35.74 billion on pipeline repairs and management in five months, between January and May 2020.
The Nigerian National Petroleum Corporation, NNPC, Thursday, said it has concluded plans to rehabilitate and build new plants, as all the four refineries are currently down, thus forcing the government to import petroleum products from the global market.
The Nigerian National Petroleum Corporation saw its revenue from petrol sales plunge by 47.38 per cent to N107.61bn in April as supply dropped amid the coronavirus lockdown and the reduction in the pump price of the product.
Dr Titus Okunronmu,a former Director, Budgetary Department, Central Bank of Nigeria (CBN) has urged the Federal Government to resuscitate all the nation’s refineries towards addressing the problem of fuel importation.
The Nigerian National Petroleum Corporation says the nation’s refineries generated a total revenue of N3.45bn in 2018 while salaries and other expenses gulped N160.13bn this year.
The Nigerian National Petroleum Corporation (NNPC) says it currently has 6,621 staff strength both at its headquarters and across all its subsidiaries, division and offices nationwide.
The troops of Operation Delta Safe have rescued many kidnapped victims, uncovered illegal refineries and recovered arms and stolen crude oil in the Niger Delta region, the Defence Headquarters said on Tuesday.
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.
The Nigerian National Petroleum Corporation (NNPC), yesterday, stated that it would no longer be involved in the management of the country’s refineries after their ongoing rehabilitation.
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.
Nigeria head coach Gernot Rohr has backed Samuel Kalu to rediscover his best form for club and country.
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.
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.
Farmers in India blocked roads and railway tracks on Friday in a protest against new legislation that they say could pave the way for the government to stop buying grain at guaranteed prices, leaving them at the mercy of private buyers
In keeping promises made during the electioneering, Lagos State Governor, Mr. Babajide Sanwo-Olu, on Friday, flagged off the execution of 377 state-wide projects across all wards in the State.
New York’s famed Metropolitan Opera canceled its entire upcoming season on Wednesday and said it would remain closed until September 2021 due to the coronavirus pandemic, a sign of the continuing struggles for live entertainment.
The Nigerian Stock Exchange (NSE), Nigerian International Securities Limited (NISL) and the Chartered Institute of Stockbrokers (CIS) on Monday commited to expanding retail investment opportunities in the capital market.
Edo election: Reps member raises alarm over sudden disappearance of returning officers, electoral officers
The member of the House of Representatives representing Oredo Federal Constuency and State agent of the People’s Democratic Party, (PDP), Ogbeide Ihama, has raised the alarm over the sudden disappearance of the Returning Officers and the Electoral Officers assigned to Orhionmwon Local Government Area of Edo State for the September 19 governorship election.