Uganda imitates Nigeria, Establishes Investment Laws for Petroleum Industry
By Adaobi Rhema Oguejiofor
The Ugandan Government, in a bid to protect its environment from pollution, degradation, and lack of investment, has said that it is taking lessons from Nigeria and other countries on the African continent!-->!-->!-->!-->!-->…
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Nigeria Spends N50bn Daily on Fuel Subsidy to Service the Rich – Lawal
By Moses Patience Chat
The Chief Executive Officer (CEO) of Connected Development (CODE), Malam Hamzat Lawal, has condemned the continued payment of fuel subsidies by the Federal Government, describing it as unacceptable and a means!-->!-->!-->!-->!-->…
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Axxela, NNPCL Unveil 150mn SCF Gas Project in Ogun
By Moses Patience Chat
Transit Gas Nigeria Limited (TGNL), a subsidiary of Axxela, in a Joint Venture partnership with the Nigerian National Petroleum Company (NNPCL) Gas Marketing Limited (NGML), has unveiled a150 million!-->!-->!-->!-->!-->…
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TCN Delivers 39 Power Transformers to 10 Regions Nationwide
By Adaobi Rhema OguejioforThe Transmission Company of Nigeria (TCN) has disclosed that it delivered over 39 power transformers, spare parts, and substation projects across its 10 regions nationwide in order to boost the country's power!-->!-->!-->…
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Mines & Steel Minister Commissions N1bn Barite Processing Plant in C/River
By Moses Patience Chat
The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, has expressed confidence that the commissioning of the N1 billion Barite Processing Plant in Ugaga Community of Yala Local Government Area!-->!-->!-->!-->!-->…
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TAG Energy Partners Bosch Africa to Offer World-Class Services in Nigeria
By Adaobi Rhema Oguejiofor
TAG Energy Group, a leading Nigerian oil and gas integrated service company, has disclosed that it has entered into partnership with Bosch Rexroth Africa Development, a manufacturer and supplier of!-->!-->!-->!-->!-->…
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REA Targets 5mn New Connections with N140bn Solar Fund
By Adaobi Rhema Oguejiofor
The Rural Electrification Agency (REA), a Federal Government Agency under the Ministry of Power, has held its first match-making fair in order to seek more investors to join the N140 billion Solar Power!-->!-->!-->!-->!-->…
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IPMAN to Sanction Private Depots Dispensing Petrol Above Approved Pump Price
By Moses Patience Chat
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to sanction private depots that sell petrol, also known as Premium Motor Spirit (PMS), above the approved pump price.
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Nigeria’s N77trn Debt Profile Worries PENGASSAN
By Moses Patience Chat
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has expressed concerns over Nigeria’s N77 trillion public debt, which it described as "mind blowing" for a debt profile at the!-->!-->!-->!-->!-->…
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NCDMB Saves Nigeria $10bn Annually on 55% Local Content Attainment
By Moses Patience Chat
The Nigerian Content Development and Monitoring Board (NCDMB) has taken Nigerian local content level in the oil and gas industry from 5% to 55%, saving the country about $10 billion annually.
NCDMB's!-->!-->!-->!-->!-->!-->!-->…
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