FG

FG to raise oil production to 4mbpd through PIA

… Act to boost oil reserves from 37bbpd to 40bbpd The Petroleum Industry Act (PIA) will assist Nigeria in increasing its oil production to 4 million barrels per day, the Minister of State for Petroleum Resources, Timipre Sylva, has said.…

FG approves zero import duty for vessels

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh  says the Federal Government has approved zero import duty for ship owners to acquire vessels. Jamoh disclosed this in a session at the maiden edition of the Nigeria…

FG to checkmate illegally refined petroleum products

The Federal Government announced that it has launched a committee that will implement policies for effective and efficient management of illegally refined products recovered from dug-up pits found around the creeks of the Niger Delta. This was disclosed by the…