Timipre Sylva

Total petroleum industry donations for the fight against the COVID-19 yesterday hit N11billion as the Nigerian National Petroleum Corporation (NNPC) announced additional contributions of N11billion.

President Muhammadu Buhari on Thursday met with the Presidential Committee on the impact of the coronavirus on Nigeria’s economy, and directed the Ministry of Finance and National Planning to ensure that salaries were paid.

He also directed the ministry to ensure that critical infrastructure like roads, rails are protected and as much as possible, use local inputs so that the country retains value within her economy.

The Nigerian National Petroleum Corporation (NNPC) has donated medical equipment meant to help combat the spread of the Coronavirus (COVID-19) pandemic in the country to the University of Abuja Teaching Hospital in Gwagwalada, the Federal Capital Territory.

The Nigerian National Petroleum Corporation (NNPC) has donated 17 items to support the isolation centre at the University of Abuja Teaching Hospital Gwagwalada to combat Coronavirus in the country.

The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.

The Department of Petroleum Resources (DPR), the supervisory body for the country’s petroleum industry operations, has said that the country has a stock of the product to last the next 23 days.

Former Vice President Namadi Sambo has commended President Muhammadu Buhari over the border closure, describing it as one of the most impactful policies of the administration.

The Nigeria National Petroleum Corporation (NNPC) has announced that it had reviewed its Ex-coastal, Ex-depot and NNPC Retail pump prices.

The Federal Government has directed the Nigerian National Petroleum Corporation to reduce the pump price of petrol from N145 to N125.

Following global crash in price of crude oil, the federal government has also approved a reduction in the pump price of price of the Premium Motor Spirit (PMS) also known as petrol from N145 to N130.

President of the Senate, Senator Ahmad Lawan, warned Tuesday that following the impact of the ravaging Coronavirus on the economy, Nigeria will be in deeper trouble if as a country, we are not ingenious enough.

The Bayelsa State Governor, Senator Douye Diri, has blamed the National Chairman of All Progressives Congress (APC), Adams Oshiomhole and the Minister of State for Petroleum and former governor of Bayelsa State, Chief Timipre Sylva for the February 13 violence that swept across Yenagoa, Bayelsa State capital after the Supreme Court sacked Chief David Lyon as governor-elect.

President Muhammadu Buhari on Monday constituted a committee to assess the impact of the Corona virus outbreak on Nigeria’s economy with a view to cut down the size of the 2020 budget and reduce the 75 dollars oil benchmark.

President Muhammadu Buhari has set up a committee to assess the impact of the raging coronavirus on Nigeria’s 2020 budget.

Saudi Arabia’s launch of an aggressive oil price war targeting its biggest rival producers after Russia refused to join production cuts with OPEC, will hit the economy of weaker oil-dependent producer like Nigeria particularly hard, as it has little scope to increase output and less ability to borrow to plug budget shortfalls.

Oil ministers from the Organisation of Petroleum Exporting Countries (OPEC) on Wednesday defied the global scare of the deadly coronavirus to hold its crucial meeting in Vienna, Austria.

The All Progressives Congress (APC) has warned the ruling Peoples Democratic Party (PDP) in Bayelsa State not to throw the state into anarchy through unguarded utterances by it’s chieftains that are capable of over heating the polity of the state.