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Industry
35 Niger Delta Pupils Earn NNPC-Shell Scholarship
By Saidu Abubakar
Thirty-five talented pupils from public primary schools from three states of the Niger Delta have become the latest beneficiaries of the NNPC-Shell Cradle-to-Career scholarship, for six-year fully-funded secondary!-->!-->!-->!-->!-->…
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NCDMB Harps on In-Country Value Addition
As Winners Emerge in Board's National Essay Competition
First prize winner of the 7th Nigerian Content Annual National Undergraduate Essay Competition, 2023, Miss Iruoma FavourLazarus, with the Manager Corporate Communications, Nigerian!-->!-->!-->…
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NCDMB Warns Against Divestment Of Assets, Non-Compliance By NOCs, Others
By Saidu Abubakar
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned against the ongoing and planned divestments of onshore assets by some international!-->!-->!-->!-->!-->…
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Petroleum Industry Act Issues Arising Two Years After
By Suraj Oyewale, Peter Okediya & Emmanuel Afi mia
Introduction
he signing of the Petroleum Industry Act (PIA) into an Act of the Nigerian Parliament on 16 August 2021 by President Muhammadu Buhari was welcomed with mixed!-->!-->!-->!-->!-->!-->!-->…
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Unremitted Revenue Rises to $9.85bn, NEITI Latest Report Reveals
—80% of the financial liabilities are owed by the NNPCL
—The Federation earned $23.04billion in 2021 with $13.2billion or 57.27% of total revenue shared to the federating units after deductions
—Report urges computation of 13%!-->!-->!-->!-->!-->!-->!-->…
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Expert Avails CBN Anti-Inflationary Options
An Adjutant Professor of the North Dakota University, USA, Engr. Dr. Wisdom Patrick Enang, has enjoined the Central Bank of Nigeria (CBN) to devise other means of reducing inflation beyond raising the Monetary Policy Rate (MPR), in!-->!-->!-->…
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NDDC Plans $27.3bn Infrastructure Development
Samuel OgbukuManaging Director, NDDC
By Moses Patience Chat
About $27.3bn funding is being targeted to finance power and roads infrastructural projects in the Niger-Delta region by the Niger Delta Development Commission (NDDC),!-->!-->!-->!-->!-->…
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NNPC/SNEPCo JV Partners Irede Foundation to Support Special Need Pupils
By Fred Ojiegbe
The Nigerian National Petroleum Company Limited, in partnership with Shell Nigeria Exploration Company Limited (NNPC/SNEPCo), has been working with The Irede Foundation to support pupils living with disabilities.!-->!-->!-->!-->!-->…
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HCDT Will Suppress Unrest, Oil Asset Destruction – NUPRC
By Adaobi Rhema Oguejiofor
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured that the Petroleum Industry Act (PIA), which made provisions for Host Community Development Trust (HCDT) under section 20 of the!-->!-->!-->!-->!-->…
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Black Independence: Bodies Roast As Tanker Explodes Along Benin-Sapele Road
Scores of commuters plying the Benin-Sapele were killed on Sunday in a multiple auto crash involving a tanker laden with petrol and over 15 commercial and private vehicles.
The tanker was said to have fallen on its own while!-->!-->!-->!-->!-->…
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