Bayelsa Group Demands $12bn Investment From IOCs To Revive Niger Delta Communities
By Adaobi Rhema Oguejiofor
The Bayelsa State Oil and Environmental Commission (BSOEC) has asked International Oil Companies (IOCs) to invest $12 billion, which is equivalent to N5.5 trillion, in the Niger Delta region in order to!-->!-->!-->!-->!-->…
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Shareholders Applaud Eterna For Recording 1,207% Profit in 2022
By Adaobi Rhema Oguejiofor
The shareholders of Eterna, an integrated energy Company, have commended the firm for growing its operating profit by 1,207 percent in the 2022 financial year.
This was disclosed at the Company’s 30th!-->!-->!-->!-->!-->!-->!-->…
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NCDMB Boss Solicits Support for NASENI’s Development Goals
By Moses Patience Chat
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has called for the appropriate level of support for the National Agency for Science and!-->!-->!-->!-->!-->…
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ACCI to Leverage FG’s Methanol Fuel Fund for National Development
By Adaobi Rhema Oguejiofor
The Abuja Chamber of Commerce and Industry (ACCI) has disclosed that it is set to buy into the Federal Government's intervention fund for Methanol Fuel in order to bring about national development.
The!-->!-->!-->!-->!-->!-->!-->…
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Arrival of Cooking Gas with High Propane, Substandard Cylinders Worries Retailers
By Adaobi Rhema Oguejiofor
The Liquefied Petroleum Gas Retailers (LPGAR), a branch of the National Union of Petroleum and Natural Gas Workers (NUPENG), has raised alarm over the arrival and circulation of substandard!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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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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