NEITI seeks technical support from Australia, others

By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI), has sought for technical assistance from Australia, Belgium and Canada to deepen Nigeria’s extractive industry reforms. The reform programme is designed to deal with challenges of corruption, oil theft, illegal mining, stealing of minerals, pipeline vandalisation and associated governance challenges.Continue Reading

Authority reviews midstream, downstream petroleum fees regulations

By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulations Authority (NDMPRA), says its proposed Midstream and Downstream Petroleum Fees Regulations will consolidate fees prescribed for midstream and downstream activities into a single document. Mr Ogbugo  Ukoha, Executive Director, Distribution Systems, Storage and Retailing Infrastructure, NMDPRA made this known onContinue Reading

Energy bank: Oil producing countries brainstorm on modalities, financial obligations

The Permanent Secretary of the Ministry of Petroleum Resources, Amb. Nicholas Ella.   By Emmanuella Anokam The African Petroleum Producers’ Organisation (APPO) has urged member countries to fulfill their financial obligations towards establishing the Africa Energy Bank. To ensure the bank’s operationalisation, the APPO Secretary-General, Dr Umar Ibrahim, urged AfricanContinue Reading