Enact enforceable local content laws to build capacity – Official
2024-07-02
Enact enforceable local content laws to build capacity – OfficialContinue Reading
Nigeria to achieve 70% local content by 2027 – Official
2024-07-02
By Emmanuella Anokam The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to achieve 70 per cent local content by the year 2027. Mr Felix Ogbe, Executive Secretary, NCDMB said this on Monday at the Nigerian Content Seminar, a flagship programme of the 2024 Nigerian Oil andContinue Reading
Commission unveils African petroleum regulators’ forum
2024-07-01
By Emmanuella Anokam The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the African Petroleum Regulators’ Forum (AFRIPERF), to drive continental aspirations in the development and utilisation of hydrocarbon resources. The commission inaugurated the AFRIPERF at its maiden roundtable on the sidelines of the Nigeria Oil and Gas (NOG) EnergyContinue Reading
Energy mix: FG invests in renewables, hydrogen
2024-06-28
By Emmanuella Anokam The Federal Government says it is focusing on diversifying the energy mix by investing in renewable energy projects, hydrogen development and enhancing the regulatory framework to attract private investments. Amb. Nicholas Ella, Permanent Secretary, Ministry of Petroleum Resources, stated this during a town hall meeting with theContinue Reading
Oil regulatory authority refutes dirty fuel importation
2024-06-26
By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says there is no imported dirty fuel in the country. The Authority said it would never encourage importation of dirty fuel into the country and ensured that only quality protroleum products are consumed by Nigerians. Mr Ogbugo Ukoha,Continue Reading
Green industrial vision complementary to oil, gas investment– Tinubu
2024-06-25
By Salif Atojoko President Bola Tinubu says Nigeria remains committed to a balanced approach to energy transition. According to him, the country still requires substantial investments in the oil and gas sector to meet its energy demands and economic needs. Tinubu made the remarks at a meeting with the GroupContinue Reading
AKK gas pipeline critical to Nigeria’s industrialisation, economic growth – Edun
2024-06-23
By Emmanuella Anokam The Minister of Finance/Coordinating Minister of the Economy, Mr Wale Edun has described the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project as critical to the industrialisation and economic growth of Nigeria. Edun stated this on Friday, during a working visit of three cabinet Ministers to the AKK gas pipelineContinue Reading
AKK gas pipeline project 90% complete -Minister
2024-06-22
By Aisha Gambo Wale Edun, Minister of Finance and Coordinating Minister of the Economy,, says the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project has reached 90 per cent completion stage. The minister said this in Kaduna during an inter-ministerial visit to the gas pipeline project at River Kaduna HDD crossing site. HeContinue Reading
NEITI, stakeholders meet to review 2023 Nigeria extractive industries report
2024-06-20
By Lucy Ogalue The Nigeria Extractive Industries Transparency Initiative (NEITI) is engaging with stakeholders to review and validate the 2023 Annual Progress Report (APR) of Nigeria’s extractive industries. Dr Orji Ogbonnaya Orji, the Executive Secretary of NEITI, said this at a Stakeholder’s Consultation/Validation Meeting on Thursday in Abuja. The NewsContinue Reading
Oil block Licencing: NUPRC extends deadline for pre-qualification documents submission
2024-06-18
By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of pre-qualification documents for the 2024 oil block licensing round. Mr Gbenga Komolafe, Commission Chief Executive (CCE), NUPRC, announced the extension in a statement issued on Wednesday. KomolafeContinue Reading
