By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI) says it is not a revenue generating agency and has no powers under the law to either collect, keep custody or manage government revenues. NEITI says rather it supports government to mobilise revenue for its development activities by beaming searchlightContinue Reading
By Yusuf Yunus All On, a Shell-funded impact investment company, and Auxano Solar Nigeria Ltd., have inaugurated a fully automated 100MW solar photovoltaic module assembly factory in Ibeju Lekki, Lagos, to boost local content. Mrs Caroline Eboumbou, Chief Executive Officer, All On, said in a goodwill remark at theContinue Reading
By Emmanuella Anokam Fluenta, a global leader in ultrasonic sensing technology for measurement of flare gas says it has completed installation of 18 ultrasonic flare gas meters on large pipelines around the Dangote Refinery Plant in Nigeria. Mr Radek Kurkowski, a Director at Fluenta, said on Thursday that it spentContinue Reading
By Nana Musa Dr Samuel Ogbuku, the Acting Managing Director/Chief Executive Officer of the Niger Delta Development Commission (NDDC) has charged the new directors of the commission to be committed to the mentorship of their subordinates for greater performance. Ogbuku gave the advice at the end of aContinue Reading
By Yunus Yusuf The Major Oil Marketers Association of Nigeria (MOMAN) has reiterated plans to collaborate with the Federal Fire Service and other relevant stakeholders to ensure safety of all petroleum facilities in the downstream. Mr Gabriel Orupke, Chairman, MOMAN’s Health, Safety Environment and Quality (HSEQ) committee,Continue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with the Nigerian Content Development and Monitoring Board (NCDMB) and International Oil Companies for optimal contracting cycle in the industry. The MoU will implement industry framework, focused on processes and timelines forContinue Reading
By Yusuf Yunus The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from 27 billion dollars in 2014 to less than six billion dollars in 2022. The Chief Executive of NUPRC, Mr Gbenga Komolafe, revealed this on the sideline of the World PetroleumContinue Reading
By Kelechi Ogunleye The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations operators who alters petroleum pumps. Mr Farouk Ahmed, NMDPRA Chief Executive, said this during an interactive session with commissioners of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Friday in Abuja.Continue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed up as a participant of the United Nations Global Compact, thereby becoming the first state-owned oil company to join the global initiative. Malam Mele Kyari, Group CEO of NNPC Ltd., signed the Letter of Commitment, at theContinue Reading
By Precious Akutamadu The Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku has said that the commission was working towards creating job opportunities for youths in the region. Ogbuku said this while addressing the Chairman of the Nigerian Young Professionals Forum (NYPF) and Convener of NigerContinue Reading
