Key stakeholders in the energy industry have pledged commitment to the growth of Nigeria’s Energy Sector at the Nigeria Energy Exhibition and Conference emphasising efficient collaboration among key stakeholders. The key stakeholders including local and international players in the industry…
The Nigerian Economic Summit Group and oil marketers, under the aegis of the Petroleum Retail Outlet Owners Association of Nigeria, are worried of an impending fiscal crisis in Nigeria following the continued rise in subsidy on Premium Motor Spirit, popularly…
By Gloria Akudoro, Abuja. As part of its process in drafting regulations and creating enabling environment in the upstream oil and gas industry, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has organized a 3-day sessions engaging stakeholders in rulemaking for…
Average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. The assertion was made by the National Bureau of Statistics (NBS), in its Cooking Gas Price Watch issued on Tuesday in Abuja. It noted that…
The Nigerian National Petroleum Company (NNPC) says the country will not experience petrol scarcity in December and beyond, as it has made adequate arrangement for supply. Mr Umar Ajia, the Chief Financial Officer of NNPC ltd, said this in Abuja…
The Federal Government has so far paid $4.04bn to five international oil companies as cash call arrears repayment and has spent N12.43bn this year on pipeline protection and maintenance, it was learnt on Sunday. Latest update on pipeline security/maintenance cost…
Presidential candidate of the Labour Party (LP), Peter Obi, said oil subsidy is organised crime, insisted that government should rather channel resources to private sector led local refining. Obi, who was the guest speaker at the Private Sector Economic Forum…
Executive secretary, Nigerian Content Development and Monitoring Board, NCDMB, Simbi Kesiye Wabote, has charged indigenous companies in the oil and gas sector to tell the world how Nigerian companies have come of age. Wabote stated this when he graced the grand…
The Nigerian Labour Congress (NLC) has reiterated its position on the removal of petrol subsidies, saying that its has not changed. The NLC President, Mr Ayuba Wabba, said this in a statement signed and made available to journalists on Saturday…
The director general of the Budget Office of the Federation, Mr Ben Akabueze has said, there is a need for urgent and decisive measures the country must take to avert the public debt crisis among which is the removal of…
