By Matthew Denis The Federal Government through the minister of Interior, Hon. Olubunmi Tunji-Ojo has set up a committee to address the allegations surrounding expatriate quota in the oil sector. This is contained in a statement signed by Dr. Magdalene…
By Esther Agbo The Chairman of Heirs Holdings Group, UBA Group, and Transcorp Group, Tony O. Elumelu, CFR, has called for bold steps towards innovation and collaboration in Nigeria’s Oil and Gas sector. He said while delivering a compelling goodwill…
…Expresses optimism on Nigeria’s Oil and Gas future at Economic Summit Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, has praised the President Bola Ahmed Tinubu led administration for the…
By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd),…
Of all capital projects in the country, the Dangote Refinery has proven itself most profitable on a national scale. It did not suffer the fate of other state-run refineries who gulp billions annually but spit dirt. Its benefits remain endless…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has pledged to collaborate with Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to block leakages in the oil and gas sector. ICPC Chairman, Dr. Musa Adamu Aliyu, SAN made this pledge…
Nigeria’s oil sector grew -0.85% in Q3 This is according to the Gross Domestic Product (GDP) report recently released by the National Bureau of Statistics (NBS). The report highlights the fact that in the third quarter of 2023 (Q3/2023), the…
Troops of the Nigerian Army (NA) in synergy with personnel of the Nigerian Security and Civil Defence Corps (NSCDC) has continued to crack down on saboteurs of Nigeria’s oil sector in Southern Nigeria. This is contained in a statement by…
The Governments of Nigeria and the Republic of Equatorial Guinea have opened discussions regarding new partnership opportunities such as the establishment of a joint logistics base, deployment of indigenous capacities across countries, and lowering the costs of major oil and…
…As Non-oil sector grows by 4.27% in real terms in Q3 2022 …Contributes 94.34% to total GDP, as oil sector declines to 5.66% to aggregate real GDP …Experts react, fear tougher times for Nigerians By Seun Ibiyemi and Ogaga Ariemu,…
