Crude oil theft: Destruction of vessels by military to conceal evidence — Lawmaker

By Deborah Coker Vice Chairman, Senate Committee on Environment, Sen. Ned Nwoko (PDP-Delta), says the destruction of vessels apprehended for carrying illegal goods/stolen crude oil by the military is to conceal/destroy evidence. Nwoko said this while speaking with the News Agency of Nigeria (NAN) in Abuja. He stressed that destroyingContinue Reading

NNPC Ltd working with NEITI, others to reconcile NEITI’s 2021 report

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it is collaborating with the Nigeria Extractive Industries Transparency Initiative (NEITI) and other stakeholders to reconcile alleged indebtedness by the company and Federation Accounts Allocation Committee (FAAC). NNPC Ltd says they are working in the Reconciliation Committee setContinue Reading

Academic urges CNG dev., operational refineries to address Nigeria’s energy challenges

By Emmanuella Anokam An Academic, Dr Yetunde Aladeitan has urged a comprehensive energy strategy that combines Compressed Natural Gas (CNG), improved refinery operations, and investment in renewable energy sources to address Nigeria’s energy challenges. Aladeitan urged the Federal Government to consider the long-term sustainability and affordability of these energy solutionsContinue Reading

NEITI engages int’l community to advance extractive sector transparency

By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed readiness to collaborate with international community towards advancing oil, gas and mining sectors. The Executive Secretary of the Agency, Dr Orji Ogbonnaya Orji, stated this at a meeting in Abuja with prominent diplomatic missions in Nigeria. This isContinue Reading

Akpabio expresses hope of Nigeria meeting OPEC crude oil quota soon

By Emmanuella Anokam The President of the Senate, Dr Godswill Akpabio, says with careful planning and execution, Nigeria can meet the Organisation of Petroleum Exporting Countries (OPEC) quota of 1.8 million barrels per day. Akpabio spoke at the National Assembly Capacity Building Workshop, organised by the Independent Petroleum Producers GroupContinue Reading

Development Trusts Funds: Host Communities decry deprivations, desecrations by oil operators

By Emmanuella Anokam The Host Communities of Nigeria Producing Oil and Gas (HostCom), have bemoaned deprivations and desecration by the activities of oil operators/settlors who short-change the communities and create divide-and-rule systems to flourish. A Settlor is any holder of an interest in an Oil Prospecting Licence, an Oil MiningContinue Reading

P&ID Scandal: NGO urges Nigeria, UK to blacklist companies, persons involved

By Emmanuella Anokam The Africa Network for Environment and Economic Justice (ANEEJ), has urged Nigerian and UK Governments to blacklist and place indefinite ban on companies and persons involved in the scandal that rocked the Process and Industrial Development Limited (P&ID). The Non-Governmental Organisation also called on the Attorney GeneralContinue Reading