By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday dismissed allegations of misappropriation of funds levelled against the leadership of the commission by its union members. NUPRC management made this known in a statement issued in Abuja while reacting to the protest and allegations by the localContinue Reading
By Deji Abdulwahab The Niger Delta Youth Council (NDYC), has urged President Bola Tinubu to revive the Port Harcourt and Warri refineries to ensure local refining of petrol. Mr Jator Abido, the National Coordinator of the council, said this in a statement in Abuja on Thursday. Abido said that grantingContinue Reading
By Emmanuella Anokam The management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it does not owe staff salaries and that all unpaid claims of the protesting staff have been processed. Mr Gbenga Komolafe, Commission Chief Executive (CCE), NUPRC, disclosed this in an interview with the News Agency ofContinue Reading
By Bukola Adewumi The Managing Director, Oil and Gas Free Zones Authority, Nigeria (OGFZA), Sen. Tijjani Kaura, says the free zones would attract a total of 15.97 billion dollars investment to Nigeria’s Gross Domestic Product (GDP) by 2025. Kaura made this known at a maiden media parley on Wednesday inContinue Reading
By Emmanuella Anokam An economic expert, Mr Yusha’u Aliyu, says that Nigerians are expecting functional refineries to cushion the effects of subsidy removal on Premium Motor Spirit (PMS) also known as fuel. Aliyu said this in an interview with the News Agency of Nigeria (NAN) in Abuja, in reaction toContinue Reading
By Yusuf Yunus Some marketers in the oil and gas industry have commended the Federal Government’s plans to ensure adequate palliatives to reduce the effect of fuel subsidy removal on Nigerians The marketers gave the commendation in separate interviews with the News Agency of Nigeria (NAN) on Monday inContinue Reading
By Vivian Emoni The Federal Government, on Monday, reiterated its commitment to collaborating with state governments to ensure elimination of illegal mining activities across the country. The Permanent Secretary, Ministry of Mines and Steel Development, Dr Mary Ogbe, stated this when the Governor of Taraba, Dr AgbuContinue Reading
By Emmanuella Anokam An energy expert, Dr Riverson Oppong, has tasked African head of states to maximise the economic opportunities given by Russian government to spur economic development and security on the continent. Oppong said this on Friday in an interview with the News Agency of Nigeria (NAN) on theContinue Reading
By Emmanuella Anokam Officials of Gazprom, Russia’s energy company, said during a tour of its facilities by African journalists and experts, that the company’s production equipment were all locally sourced. Mr Alexey Mitusov, Head, Capital Building Department, Gazprom’s Combined Heat and Power Plant (CHPP), said most of the equipment usedContinue Reading
News Analysis by Emmanuella Anokam, News Agency of Nigeria (NAN) The Petroleum Industry Bill (PIB) was first presented to the National Assembly in 2008, during the leadership of President, Umar Yar’Adua, now late. Energy experts were confident that the bill would turn around the misfortunes of the oil and gasContinue Reading
