Tinubu, Okonjo-Iweala Brainstorm Solutions As N700/Litre Petrol Pump Price Looms
*Say “We Are Going to Try”
*President Bola Ahmed Tinubu sat with Ngozi Okonjo-Iweala to discuss some of the challenges Nigerians are facing
*One of the subjects of discussion was the impact of the rising price of petrol across!-->!-->!-->!-->!-->!-->!-->…
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Lagos to Raise N7.5trn Private Funds to Boost Electricity Supply by 2032
Adaobi Rhema Oguejiofor
The Governor of Lagos State, Babajide Sanwo-Olu, has disclosed that his administration intends to raise as much as $10 billion, which is equivalent to N7.5 trillion, in private investment in order to boost!-->!-->!-->!-->!-->…
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Lagos LGA Reduces Staff Workdays to Ease Subsidy Burden
Adaobi Rhema Oguejiofor
The Agege Local Government Area (LGA) Council of Lagos has announced the reduction of its working days from the normal five days a week to three days in order to help alleviate the economic hardship that is!-->!-->!-->!-->!-->…
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NAF Destroys 3 Boats With Stolen Crude in Rivers
By Moses Patience Chat
The Nigerian Air Force component of Operation Delta Safe (OPDS),over the weekend destroyed three boats loaded with stolen crude and another illegal refinery with reservoir and tanks in Rivers State.
The!-->!-->!-->!-->!-->!-->!-->…
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FDI key to Africa’s Gas Reserves Development -SNEPCo MD
By Moses Patience Chat
The Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Elohor Aiboni, has said that African countries must take deliberate steps to attract foreign direct investments (FDI)!-->!-->!-->!-->!-->…
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Rainoil Appoints 3 Managing Directors For Subsidiaries
L-R Mr Emmanuel Omuojine, Managing Director, Rainoil Gas; Dr Gabriel Ogbechie, Group Managing Director (GMD); Mrs Godfrey Ogbechie, Group Executive Director, Rainoil Ltd. and Dr Jude Nwanlune, Managing Director, Rainoil Logistics!-->!-->!-->…
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Conventional Discovered Oil & Gas Volumes Falling To New Lows
Despite rising investments in conventional oil and gas exploration, discovered volumes are falling to new lows.
That’s what Rystad Energy research shows, the company highlighted in a new release sent to Rigzone, adding that its!-->!-->!-->!-->!-->…
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Seplat Grows Gas Revenue to $63.7mn
By Yange Ikyaa
Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, experienced a 10.2 per cent gas revenue, reaching!-->!-->!-->!-->!-->…
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European Refiners Worry as Nigeria’s Petrol Demand Plunges 30%
Image Source: The Street Journal
Nigeria’s demand for Premium Motor Spirit (PMS), otherwise known as petrol, from Europe fell by almost 30 per cent as a result of the scrapping of fuel subsidy by President Bola Tinubu.
This is!-->!-->!-->!-->!-->…
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Punish Crude Oil Thieves in Navy, HURIWA Tells Tinubu
Adaobi Rhema Oguejiofor
The Human Rights Writers Association Of Nigeria (HURIWA), a leading civil rights advocacy body, has appealed to President Bola Ahmed Tinubu to take a transparent, accountable and open stand against the!-->!-->!-->!-->!-->…
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