The Chairman, Senate Committee on Solid Minerals, Mine, Steel Development and Metallurgy, Sen. Tanko Al-Makura has called for special funding towards reactivating the Ajaokuta Steel Company in Kogi. He stated this on Thursday while presenting the 2022 budget report of…
The Ijaw National Congress (INC) on Tuesday berated Aiteo Eastern Exploration and Production Company over alleged poor response to the Nov. 5 spill from its oilfields in Nembe, Bayelsa. The group noted that it was wrong for Aiteo to attribute…
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that Nigeria’s non-oil revenue grew to N1.15 trillion, representing 15.7 per cent above target rate in response to Federal Government’s efforts at diversifying the nation’s economy. Ahmed made…
By Uthman Salami The Federal Government of Nigeria has vouched to tackle the increasing prices of Petroleum Motor Spirit and cooking gas in the country. The government further dispelled reports of a planned hike in fuel prices. The Chief Executive…
The Bauchi office of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has intercepted 135,000 litres of diesel being diverted to an unlicensed fuel station. Abdullahi Iliyasu, the Operations Controller of the agency in Bauchi State said on Tuesday…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday outlined action plans to deal with the recent oil spill in Santa Barbara, Nembe, Bayelsa State, at an AITEO facility. The Commission also noted that its investigations into the cause(s) of…
The federal government has revealed plans to doonate 10 million LPG cylinders in a year through certified marketers in 12 pilot states. The Vice President, Yemi Osinbajo made this revelation. He disclosed this at the Liquefied Petroleum Gas (LPG) sensitisation…
Ikeja Electric Plc (IE), has invested over N200 million to procure safety equipments just as the Distribution Company has cautioned members of the public to desist from erecting structures under power lines or carrying out activities and trading near electrical…
Report have it that Asia is piling up Liquified Natural Gas (LNG) in order to stave of any replica of recent winter’s crunch when colder than usual temperatures sent 2020/2021 winter spot LNG prices to records. Also, prices have escalated,…
The Federal Government in a bid to stave off panic buying of petrol has reassured that it will still have to bear cost of bridging petrol to ensure its availability across the country. The Chief Executive Officer (CEO) of the…
