Fuel Scarcity: IPMAN threatens shutdown over non-payment of bridging claims

By Emmanuella Anokam The Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum has exonerated its members from the current fuel scarcity in the country. According to IPMAN, the scarcity is caused by its inability to source petroleum products. The IPMAN Depot Chairmen Forum also threatened to withdraw itsContinue Reading

We need consultation, public hearing to review PIA regulations – Farouk

By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulation Authority (NMDPRA) says consultation with stakeholders and public hearing must be conducted to review proposed draft regulations of the Petroleum Industry Act (PIA). The Authority’s Chief Executive, NMDPRA, Mr Farouk Ahmed, said this on Tuesday in Abuja at its stakeholder’sContinue Reading

Igbinedion varsity to inaugurate legacy projects to mark 25th anniversary

By Nefishetu Yakubu The Management of Igbinedion University, Okada, Edo, on Tuesday disclosed that the institution will be inaugurating legacy projects as part of activities lined up to commemorate the school’s 25 years of academic excellence on May 10, 2024. The Vice-Chancellor of the institution, Prof. Lawrence Ezemonye, made thisContinue Reading

BRACED Commission: Focus on entrepreneurship development, Siasia urges South-South governors

By Precious Akutammadu Mr Moses Siasia, an entrepreneur, has urged governors of the South-South under the BRACED Commission (Bayelsa, Rivers, Akwa-Ibom, Crossriver, Edo and Delta), to pay attention to entrepreneurship for the good of the people. Siasia, who is the Convener of the Niger Delta Micro, Small and Medium EnterpriseContinue Reading

Japanese healthcare firm inaugurates pain management product in Nigeria

By Oluwafunke Ishola A global healthcare company, Hisamitsu Pharmaceutical Co. Inc., has introduced Salonpas, an innovative solution for pain management to Nigerians. Mr Taro Hiramatsu, Executive Officer of the company made the disclosure in a statement on Monday in Lagos. Hiramatsu said Salonpas would make a positive difference in theContinue Reading

Divestments: Shell assets estimated at 4.96 billion barrels oil reserve – NUPRC

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the Shell Petroleum Development Company of Nigeria Limited (SPDC) assets being considered for divestments have an estimated reserve of 4.96 billion barrels of oil. The Commission Chief Executive of NUPRC, Mr Gbenga Komolafe disclosed this on Monday in AbujaContinue Reading