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Timipre Sylva

Seplat Petroleum Development Company

Seplat driving sustainability with growing gas business – chief

Seplat Petroleum Development Company Plc, leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria.
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: Passage of PIB’ll unlock several midstream gas opportunities

Chief Timipre Sylva, Minister of State for Petroleum Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several midstream gas opportunities and enhance domestic gas utilisation.
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 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.

Minister: Nigerian government will make gas alternative energy for industries, transportation

The federal government yesterday inaugurated the National Gas Expansion Programme (NGEP) in the Southwest Nigeria as part of its efforts to make gas an alternative energy for industrial, transportation and domestic uses.

DPR flags off search, rescue, command centre in Lagos

The Department of Petroleum Resources (DPR) on Monday flagged off the Oil and Gas Search, Rescue and Surveillance (SeRAS) Command and Control Centre in Lagos.

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.

Petroleum marketers increase petrol price to N170 per litre

Petroleum marketers are beginning to adjust the pump price of petrol to N170 per litre from between N161 and N165, according to a report.
Nigerian National Petroleum Corporation (NNPC)

NNPC: No plans to increase petrol price

The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the month February.
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.

IMF: Nigeria vowed to avoid fuel subsidy’s return

The International Monetary Fund says Nigeria has expressed strong commitment to avoid the return of fuel subsidy and to put an end to electricity tariff shortfalls by June this year.
The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the coronavirus-induced collapse in prices and demand for crude.

Oil exploration drops by 150 percent in Nigeria

There are indications that oil exploration has dropped by 150 per cent in Nigeria in the past year, due mainly to the prolonged delay in the passage of the nation’s Petroleum Industry Bill, PIB, into law.
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.
Newsmen report that the meeting is being presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa, Abuja, on Wednesday.

President Buhari presides over virtual FEC

The Ministries of Petroleum Resources, Humanitarian Affairs, Water Resources, Power, Interior as well as Communications and Digital Economy are expected to make presentations at the 33rd virtual meeting of the Federal Executive Council (FEC).
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.

Nigerian government inaugurates crude oil cost optimisation programme

The Federal Government has inaugurated the Nigerian Upstream Cost optimisation Programme (NUCOP) to drive down the cost of crude oil production in the country.
Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement in Abuja.

N-Power: 30,000 beneficiaries hired as agric enumerators – Presidency

The N-Power, cash-for-work programme, inaugurated by President Muhammadu Buhari in 2016 with 500,000 of direct beneficiaries, is spread across the key industries targeted by the programme – Agriculture, Health, Education, and Tax.
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, non-OPEC withdraw 2.1 billion barrels in 9 months

The Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC member States, have withdrawn 2.1 billion barrels of excess oil from the volatile oil market, thus raising hope on market stability.
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Nigerian government, labour receive technical committee report on petrol

The Technical Committee on Premium Motor Spirit (PMS) Pricing Framework has submitted its report to the Federal Government and the Organised Labour.

Why Nigerian government is moving DPR headquarters to Abuja – official

The Director and Chief Executive Officer of the Department of Petroleum Resources (DPR), Mr Sarki Auwalu, has said that the federal government is moving the headquarters of the industry regulator from Lagos to Abuja for the sake of centrality.
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.

PIB: Host communities disagree with minister, demand 10% share

The National President of the Host Community of Nigeria Producing Oil and Gas, Benjamin Tamaranebi, on Sunday insisted that the 2.5 per cent, proposed in the Petroleum Industry Bill, being supported by the Minister of State for Petroleum Resources, Timipre Sylva, was not acceptable.
Nigerian National Petroleum Corporation (NNPC)

NNPC pledges support for $3.6bn brass methanol plant

The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timeous completion of the $3.6bn Integrated Gas Processing and Methanol Plant in Odioma, Brass Island, Bayelsa State.
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: Methanol gas project will create 30,000 jobs

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the upcoming integrated methanol and gas project would create 30, 000 direct and indirect jobs in the country.

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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 governor: Jangebe schoolgirls not yet released

The students abducted from Government Girls Secondary School, Jangebe, in Talata Mafara Local Government Area of Zamfara State, are still with their captors, the state government has said.
Newsmen report that the meeting is being presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa, Abuja, on Wednesday.

President Buhari urged to be ruthless with bandits

Against the backdrop of rising murders and kidnappings in the country, the Global Peace and Life Rescue Initiative (GOPRI) has implored President Muhammadu Buhari to be ruthless with bandits in order to serve as a deterrent to others.
The Department of State Services (DSS) has denied arresting Salihu Tanko-Yakasai, a media aide of Governor Abdullahi Ganduje who demanded for President Muhammadu Buhari’s resignation over his failure to handle insecurity in the country.

DSS: Why we arrested Kano governor’s ex-aide

“This is to confirm that Salihu Tanko-Yakasai is with the DSS and he is being investigated over issues beyond the expression of opinions in the social media as wrongly alleged by sections of the public,’’ he stated.
Okezie Ikpeazu

Abia governor: Eziukwu cemetery road’ll be recovered under my watch

Governor Okezie Ikpeazu has assured that the on-going Eziukwu Cemetery Road which has been abandoned for close to three decades would be fully recovered under his watch.
Fulham picked up another point in their quest for survival but could have taken all three after bossing a goalless draw with a Palace side devoid of inspiration.

Fulham dominate Palace in Selhurst Park stalemate

Fulham picked up another point in their quest for survival but could have taken all three after bossing a goalless draw with a Palace side devoid of inspiration.

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FILE PHOTO: A protester tries to escape from a riot police vehicle after being detained, a day after opposition presidential candidate Mahamane Ousmane rejected election results that gave his opponent Mohamed Bazoum a majority of the votes, in Niamey, Niger February 24, 2021, in this still image taken from video. REUTERS/Reuters TV/File Photo

Violent protests rock Niger over contested election result

Supporters of the losing candidate in Niger’s presidential election burnt tyres, threw rocks and set several buildings on fire on Thursday, in a third day of violent protests in the capital Niamey.
Facebook has accused Apple of privacy shortcomings and abusing its market power after the iPhone maker took a swipe at the social media platform’s data collection practices.

Australian parliament passes media reforms after last-ditch changes

Australia’s parliament passed a law on Thursday to make Alphabet Inc’s Google and Facebook Inc pay media companies for content on their platforms in reforms that countries such as Britain and Canada are looking to replicate.
FILE PHOTO - A demonstrator takes part in a protest against the military coup in Yangon, Myanmar, February 22, 2021. REUTERS-Stringer

Myanmar minister flies to Thailand for crisis talks

Myanmar’s military-appointed foreign minister travelled to Thailand on Wednesday, a Thai government source said, as Myanmar’s neighbours intensified efforts to resolve a crisis that began when its army seized power in a Feb. 1 coup.
The Interim Administrator, PAP, Col. Milland Dixon Dikio (retd), in a statement signed by his Special Adviser, Media, Nneotaobase Egbe, and released in Port Harcourt, urged ex-agitators to take innovation and entrepreneurship seriously.

Amnesty office introduces new training model for ex-agitators

The Presidential Amnesty Programme office has introduced new training package for ex-militants under the amnesty scheme.
NDLEA

NDLEA: Nigerian kidnappers now ask for ransom payment in drugs

Chairman/Chief Executive Officer of the National Drugs Law Enforcement Agency, NDLEA, Brigadier-General Buba Marwa (rtd) has expressed regret that the drugs abuse situation in the country is so bad that criminal elements especially kidnappers and armed bandits now ask for payment of ransoms in drugs.