Energy

PMS pricing: Okupe chides NNPC Ltd, Marketers

A former presidential spokesman, Dr Doyin Okupe, has urged the Nigerian National Petroleum Company Limited (NNPCL) and oil marketers not to make President Bola Tinubu look bad before Nigerians. Okupe, in a statement over the weekend  titled: ‘Dangote Refinery, NNPCL,…

$5bn Africa Energy Bank to take off by Jan 2025 — FG

The Federal Government has designated January 28, 2025, as the deadline for operationalising the $5 billion Africa Energy Bank in Abuja, Nigeria’s capital. A Nigerian delegation, led by Permanent Secretary of the Ministry of Petroleum Resources and Executive Board Member…

NCDMB to unveil new contracting cycle guidelines

The Nigerian Content Development and Monitoring Board (NCDMB) is gearing up to launch new Contracting Cycle Guidelines for the oil and gas industry in compliance with the Presidential Directives on Local Content announced by President Bola Ahmed Tinubu in March…