The Kebbi State Government and Nigerian National Petroleum Corporation (NNPC) are to continue to strengthened collaboration on production of biofuel and renewable energy. Mr Yahaya Sarki, Adviser to Gov. Atiku Bagudu of Kebbi on Media, made this known in a statement made available to Newsmen in Birnin Kebbi on Friday. Sarki said the decision was […]
The Number one bestselling author and former aide to ex-president Goodluck Jonathan, Pastor Reno Omokri, has lampooned the president Muhammadu Buhari-led government of Nigeria for proposing to use what he described as a whopping sum of $1.5b to renovate “a loss-making Port Harcourt refinery,” when Oil giant, Shell Plc sold her 175,000bpd “profit-making refinery for […]
Dr. Phil Osagie | Toronto | March 3, 2021 – If you bought just one barrel of oil on April 21 last year, your returns would have now increased by over 60 times. Or if you had traded $1000 in WTI crude oil, you would be worth over $60,000 today. Imagine if in April last […]
Following long fuel queues that have resurfaced in the Federal Capital Territory (FCT) and other states across the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Sunday, said Nigerians were being apprehensive over a likely increase in pump price. This is coming on the heels of increasing queues in filling stations within Abuja, […]
Agency Report A Dutch appeal court in The Hague has ruled that the Nigerian branch of Shell has to pay compensation to some Nigerian farmers who have been litigating against the company for 13 years. The court reached the decision today. The amount of compensation must be determined later, a Dutch newspaper reported. According to the ruling, […]
Stories by Adewale Sanyaolu The Organisation of Petroleum Exporting Countries (OPEC) after tense discussions at the weekend agreed to increase oil production by 500,000 per day effective January 2021. The meeting which is the 12th OPEC and non-OPEC Ministerial Meeting (ONOMM) was held via videoconference The deal to increase oil production is coming days after President Muhamadu […]
By Omeiza Ajayi – Abuja The ruling All Progressives Congress (APC) has accused the Peoples Democratic Party PDP of scamming Nigerians through its fuel subsidy regime when it held sway as the nation’s ruling party. APC in a statement by its Deputy National Publicity Secretary, Mr. Yekini Nabena also tackled the PDP spokesman, Mr. Kola […]
Minister of State for Petroleum Resources, Chief Timipre Sylva By Deji Abdulwahab Mr Timipre Sylva, the Minister of State for Petroleum Resources says the Federal Government’s decision to fully remove subsidy from petrol will save the country ₦1trn annually and create massive jobs. Sylva, who said this on Thursday, while speaking with newsmen in Abuja, […]
Dr. Lloyd F. Ukwu | Port-Harcourt, Nigeria | Sept. 13, 2020 – This morning, I awoke to read about the appointment of retired Col. Milland Dixon Dikio as the new Amnesty Program Coordinator. I was optimistic, but cautiously so and called a few friends to make sure it was the same Dikio that went […]
…Says price’ll change as crude oil price changes …Justifies electricity tariff increase lAdds, those who get less than 12hrs of power not affected …No more estimated billing …Laments COVID-19 reduced revenue by almost 60% By Johnbosco Agbakwuru President Muhammadu Buhari, yesterday, asked Nigerians to expect further increase in the price of petrol, saying people would […]
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