Industry

Former lawmaker Dr. Usman Bugaje has expressed distrust in World Trade Organization Director-General Dr. Ngozi Okonjo-Iweala's economic assessments of Nigeria, characterizing her as aligned with Western financial institutions. …
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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Wednesday warned that constant policy amendments of laws, the Petroleum Industry Act (PIA) being chief among the list, are discouraging investors from…
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Bamidele Salam The House of Representatives Committee on Public Accounts has summoned 11 electricity Distribution Companies (Discos) to appear before it over an outstanding debt of N2.6 trillion owed to the federation account.p The…
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Nigerian filling stations have once again reduced premium motor spirit pump prices to compete with the Nigerian National Petroleum Company Limited, NNPC, and other fuel outlets nationwide. DAILY POST gathered on Wednesday that AA…
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Oil companies operating in Nigeria have been advised to make use of their idle oilfields and assets or consider leasing them out to avert being taken away from them by the federal government. The Minister of State for Petroleum…
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NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has identified poor electricity supply as a major challenge stalling Nigeria’s electric mobility transition. The agency also pointed to high costs…
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...Wants All Culprits Prosecuted As the ripples generated by the recent alleged discovery of financial irregularities by the Economic and Financial Crimes Commission (EFCC) in the handling of the country’s refineries reverberates,…
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*Engr. Bayo Ojulari Stakeholders in the petroleum midstream and downstream sectors have expressed outrage and disappointment after the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Engr. Bayo…
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Federal Government has vowed to sustain its crude oil production above 1.5million barrel per day monthly average quota. Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe disclosed this…
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The move is consistent with the company’s vision of ensuring sustainable and affordable energy solutions for homes, businesses, and industries. A joint venture between the Nigerian National Petroleum Company (NNPC) Limited and…
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