By Lucy Ogalue/Emmanuella Anokam The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its commitment to ensure full implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010. The Executive Secretary of the Board, Mr Simbi Wabote, said this at the 2023 Nigerial Oil and GasContinue Reading
By Emmanuella Anokam The Nigerian Association for Energy Economics (NAEE) has advocated for strategic interventions to cushion the consequences of the removal of subsidy on Premium Motor Spirit (PMS) called fuel. The association called for options for economic opportunities and enabling environment for massive investment in the energy industry forContinue Reading
By Emmanuella Anokam The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Association of Distributors and Transporters of Petroleum Products (ADITOP) have denied plans to increase petrol price to N700 per litre. The Associations in an interview with the News Agency of Nigeria (NAN), in Abuja on Saturday, dismissed reportsContinue Reading
By Emmanuel Oloniruha A coalition of Civil Society Organisations (CSOs) on Friday said it would resist planned increase in the price of petroleum being allegedly worked on by the Independent Petroleum Marketers Association of Nigeria (IPMAN). The CSOs made their position known in a statement jointly signed byContinue Reading
By Yusuf Yunus Mr Debo Olujimi, Chief Executive Officer, Emadeb Services Ltd., says the company will begin importation of Petroleum Motor Spirit (PMS), known as petrol, into the country from July. Olujimi confirmed the development in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos. HeContinue Reading
By Vivian Emoni The Youths and Environmental Advocacy Centre (YEAC-Nigeria), a non-governmental organisation (NGO), has appealed to the National Oil Spill Detection and Response Agency (NOSDRA), to quickly intervene in fresh crude oil spill in Rivers State. The appeal also goes to the Shell Petroleum Development Company (SPDC). The Executive-DirectorContinue Reading
By Rukayat Moisemhe The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has lauded the President Bola Tinubu-led administration’s tempo at addressing salient economic issues such as fuel and electricity subsidy removal. ICSAN outgoing President, Mr Gbenga Owokalade, said this at a news conference on Friday in Lagos. OwokaladeContinue Reading
By Emmanuella Anokam The African Energy Chamber has urged Gazprom, Russian energy company, and African communities to drive gas development and utilisation in Africa. The energy chamber decried the fact that 600 million people across Africa lacked access to electricity while 900 million, especially women lacked access to clean cookingContinue Reading
By Vivian Emoni The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has urged stakeholders in the oil and gas industry to fast-track the implementation of the Petroleum Industry Act (PIA). The Authority’s Chief Executive, Mr Farouk Ahmed, made the call at a General Counsel and Legal Advisers (GCLA) Forum,Continue Reading
By Emmanuella Anokam Czech Republic has held discussions with Nigeria to enhance it’s access to the oil and gas resources of the country. The Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, said this in a statement on Monday after a bilateral meeting with Mr Jozef Sileka, Minister ofContinue Reading
