Industry

The House of Representatives has waded into the alleged N13.07 billion contract debt owned an indigenous oil company, DE COON Services Limited by the Nigeria Agip Oil Company (NOAC). The House action followed a petition written to it by…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has explained why several licenses granted to private investors by government for the establishment of refineries could not come to…
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The Minister of State for Petroleum Resources, Timipre Sylva; the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari; and the Executive Secretary, Nigerian Content Development and Monitoring…
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…Gas critical as an enabler to change the narrative in terms of economic development, diversification, industrialisation and employment …Restructuring of fiscal policy to revamp the industry for external investors …Approvals and…
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-By Fred Ojiegbe The Minister of State for Petroleum, Mr. Timipre Sylva, recently ignited hope of the long-awaited Petroleum Industry Bill (PIB) being pass into law when he revealed that his ministry will within weeks transmit the bill…
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-By Danlami Nasir Isah The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has lamented that the Temporary Import Permit (TIP) abuse is one of the biggest challenges his Agency faces…
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…Seals 15 illegal Gas Retail Outlets in Kogi -By Danlami Nasir Isah The Department of Petroleum Resources (DPR) in Bauchi, North-East Nigeria, has cautioned retailers against the circulation of substandard Base Oil (Lubricant)…
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-By Fred Ojiegbe The African Energy Chamber has appointed its highest-level advisory committee to serve on local content matters and support capacity building across the continent. Local Content Committee members are part of the…
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-By Danlami Nasir Isah The Nigerian Content Development and Monitoring Board (NCDMB) recently received the implementation report on the school-based deworming programme it sponsored in Adamawa, Borno and Yobe States through the Aisha…
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-By Gideon Osaka The Nigerian economy has always thrived with huge revenue generated from the oil sector. It is said that revenues from oil sector accounts for over 70% of the country’s foreign exchange earnings. However, with the…
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