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Nigerian National Petroleum Corporation (NNPC)

NNPC plans to revamp refineries to cut fuel imports

Nigeria’s state-oil firm NNPC said it plans to revamp its refineries to help Africa’s biggest crude oil producer to save billions of dollars on fuel imports and has hired Italy’s Maire Tecnimont to tackle the Port Harcourt plant.

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 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.

National Assembly: Why we adjusted 2018 Budget

The two chambers of the National Assembly have said the decision to adjust the 2018 Budget presented by President Muhammadu Buhari was to correct lopsidedness and imbalance in the estimates.

House of Reps urges federal govt to withhold $1.8 billion ear-marked for turn around...

The House of Representatives Ad-hoc Committee investigating the Turn Around Maintenance of the nation’s four refineries on Thursday urged the Federal Government to withhold 1.8 billion dollars earmarked for the exercise.

Oil access is “not limitless” for fuel swaps – NNPC

Nigerian energy company NNPC is relying heavily on swapping its crude for products such as gasoline as its refineries struggle to run, but an official at the state firm said its access to oil is limited.

NNPC reshuffle: North can’t get 10 portfolios leaving Niger Delta with two – IPDI

A rights group in Delta State, Ijaw People’s Development Initiative, IPDI, has called on President Muhammadu Buhari to invalidate the recent lopsided appointments at the Nigerian National Petroleum Corporation, NNPC, and the rail line project to his home town, Daura, in Katsina state.

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National Bureau of Statistics NBS

NBS: Inflation rate now 11.24 per cent

The National Bureau of Statistics (NBS) on Tuesday released the Consumer Price Index (CPI) which measures inflation with the index rising to 11.24 per cent in September.
Charles Oputa, popularly known as Charlyboy

Charly Boy set to perform at 2019 ‘Felabration’ Festival

Maverick entertainer and activist, Charles Oputa, popularly known as ‘Charly Boy’, is set to perform at the 2019 annual Felabration fiesta, a week-long celebration of the life and times Fela Anikulapo-Kuti.
The Kebbi State border operations of the Nigerian Customs Service (NCS) has seized over 379 gallons of smuggled oil, four bags of Moringa snuff, 59 bags of fertilizer and other prohibited items smuggled into Nigeria through illegal routes from neighboring countries.

Joint Customs-Miltary patrol kill alleged smuggler in Babura

A joint border patrol team of Customs and Military officers gunned down a suspected rice smuggler yesterday in the Babura Local Government Area of Jigawa State.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Absence of three defendants stalls ‘UNILAG gang-rape’ trial

The absence on Tuesday of three of the five students of the University of Lagos (UNILAG), facing trial for allegedly gang-raping a student of the institution has stalled their criminal trial.
The Speaker of the House of Representatives, Femi Gbajabiamila, has called for an improved welfare package for teachers in Nigerian as they join their colleagues globally to mark this year’s World Teachers’ Day. 8

Speaker Gbajabiamila: Nigeria better with equal representation of women in politics

Speaker, House of Representatives, Femi Gbajabiamila, has attributed the poor socio-economic and political situation in Nigeria to the inadequate participation of women in active politics.