By Esther Agbo In a startling revelation, Dr. Olisa Agbakoba, Senior Partner at Olisa Agbakoba Legal, highlighted that Nigeria’s public debt has soared to a staggering $91.46 billion (N121.67 trillion), despite the nation’s generation of over $1 trillion in revenue…
By Olaseinde Gbenga, Abuja and Esther Agbo The Minister of State Petroleum Resources (Gas), Hon. Ekperikpe Ekpo as revealed that the Ministry has declared the Decade of Gas Initiative, aimed towards transforming Nigeria into a gas-powered economy by 2024 He…
The Nigerian National Petroleum Company Limited, NNPCL, has declared a state of emergency on crude oil production. Group Chief Executive Officer of NNPCL, Mele Kyari, made this known on Tuesday in a keynote address at the opening ceremony of the…
The Organisation of the Petroleum Exporting Countries (OPEC) says energy demand will rise by an estimated 23 per cent by 2025. OPEC says the rise will be fueled by a world economy that is expected to double in size, growing…
By Esther Agbo The 23rd Annual Nigeria Oil and Gas (NOG) Conference in Abuja commenced with a keynote address by the Honourable Minister of State for Petroleum Resources (Gas), Rt Hon. Ekperikpe Ekpo. The event, themed “Showcasing Opportunities. Driving Investment.…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Monday in Abuja hailed the Presidential Directive on Local Content Compliance Requirements as crucial for enhanced competitiveness and mitigation of risks in regard to unqualified…
The Transmission Company of Nigeria (TCN) has suspended the planned power outage on Osogbo/Akure and Ado-Ekiti 132KV lines. The outage was earlier scheduled for two months according to the BEDC Electricity Plc (BEDC) Evelyn Gbiwen, Head, Branding and Corporate Communications,…
The Group Managing Director/CEO of Solewant Group, Mr. Solomon Ewanehi has stated that oil companies require innovation, adaptability to survive in Africa’s challenging environment. Ewanehi spoke at the award of Oil & Gas Contractor of the Year to Solewant Group…
By Esther Agbo In a move aimed at safeguarding Africa’s petroleum industry from exploitation and enhancing its sustainability, the African Petroleum Regulators Forum (AFRIPERF) was launched on the sidelines of the Nigeria Oil and Gas Conference (NOG) 2024 in Abuja…
By Matthew Denis The Minister of State for Petroleum Resources, Lokpobiri Heineken, has disclosed that the economic downturn confronting the country can be addressed by the oil and gas sector. He made the disclosure at the Gala Dinner of the…
