Timipre Sylva

A Federal Government effort to forestall the nationwide mass protests and industrial action through meeting with organised labour, yesterday, was truncated as the meeting ended in a stalemate.

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.

The All Progressives Congress (APC), has said that political actors that midwifed national rot cannot chart a way forward for the country.

The CNG (methane stored at high pressure) is a fuel that can be used in place of gasoline, diesel fuel and liquefied petroleum gas (LPG) and its combustion produces fewer undesirable gases than the aforementioned fuels.

Mohammed was joined at the briefing by the Minister of Power, Sale Mamman, and the Minister of State for Petroleum Resources, Timipre Sylva.

Against the backdrop of the full deregulation of the nation’s downstream oil sector, major oil marketers have said fierce competition will moderate the pump prices of petrol.

Petrol stations across the country, yesterday, adjusted their pumps to reflect the hike in the ex-depot price of the Premium Motor Spirit, PMS, by the Petroleum Products Marketing Company, PPMC, with some of the stations raising the price to as high as N161 per litre.

Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, disclosed that the Federal Government was not currently capable, financially, to pay the subsidy.

As the race for who represents Bayelsa West Senatorial District hots up, a group under the aegis of the All Progressives Congress Frontiers has kicked against the candidature of former Governor Seriake Dickson, arguing that government must not be a family affair.

For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mallam Mele Kyari, Tuesday, urged the Industry stakeholders to evolve innovative ways to reposition the Sector for sustainability.

Minister of State for Petroleum Resources, Chief Timipre Sylva, yesterday, disclosed that the Federal Government is currently working with critical stakeholders in the oil and gas industry to convert the massive amount of gas being flared in the country to electricity for Nigerians at a cheaper rate.

The National Caretaker/Extra-Ordinary National Convention Planning Committee of the All Progressives Congress (APC), led by Governor Mai Mala Buni of Yobe state has reconciled a former governor of Rivers state, Rotimi Amaechi and former governor of Bayelsa state, Timipre Sylva.

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.

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, on Thursday, issued a seven-day nationwide strike notice over the alleged non-procedural sack of members by Chevron Nigeria Limited and its service contractors on Wednesday.

Chief Timipre Sylva, Minister of State for Petroleum Resources, says the Petroleum Industry Bill (PIB) will be presented to the National Assembly in the next few weeks.

The Department of Petroleum Resources (DPR) says the recently-inaugurated Nigerian Gas Transportation Network Code (NGTCN) will address gas infrastructure development in the country.

Chief Timipre Sylva, the Minister of State for Petroleum Resources, has unveiled the Nigerian Content Development and Monitoring Board (NCDMB) Gas Hub and performed the groundbreaking ceremony of Rungas LPG Composite Cylinder Manufacturing plant, located inside the Gas Hub at Polaku community, Bayelsa state.

Governor Douye Diri of Bayelsa State has called on oil companies benefiting from its resources to relocate their headquarters to the state.