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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Sun King Launches Solar Inverter in Nigeria, Outlines Benefits
By Adaobi Rhema Oguejiofor
Sun King Solar, a leading global manufacturer in the solar energy systems industry, has launched its new solar inverter in Nigeria. This is in line with its commitment to leveraging technology in!-->!-->!-->!-->!-->…
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Ban Government Officials From Foreign Medical Trip, PENGASSAN Urges
By Adaobi Rhema Oguejiofor
As a way of encouraging the incoming administration to invest in the nation’s healthcare system, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has advocated that government!-->!-->!-->!-->!-->…
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Otedola Sells 2.8mn Units Of His Geregu Power Shares To Brother
By Moses Patience Chat
The majority shareholder of Geregu Power Plc, Femi Otedola, has sold over 2.8 million units of his shares in the power generation company to his brother Olurotimi Paul Otedola.
According to a corporate!-->!-->!-->!-->!-->!-->!-->…
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Expert Advocates For LPG, CNG Mini Plants To Boost Industrialization
LPG Plant
By Adaobi Rhema Oguejiofor
A petroleum industry stakeholder, who is also the Group Managing Director (GMD) of Alphaden Group, Engr. Paschal Anyanwu, has advocated for the establishment of mini gas plants that will aid the!-->!-->!-->!-->!-->…
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NNPCL, NIGCOMSAT In Partnership To Monitor Sensitive Equipment
By Adaobi Rhema Oguejiofor
The National Petroleum Telecommunications(NAPET) Limited, a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, and the Nigerian Communications Satellite (NIGCOMSAT) Limited, have entered!-->!-->!-->!-->!-->…
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NUPRC Developes Digital Platform To Ensure Transparency For Host Communities
By Moses Patience Chat
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has developed an industry intelligent digital automated platform for reporting and monitoring the Host Community Development Trust (HCDT) to ensure!-->!-->!-->!-->!-->…
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OSUN: NMDPRA Shuts Down 75 Petrol Stations Over License Defaults
By Moses Patience Chat
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has shutdown 75 filling stations in Osun State for operating without valid licenses and other regulatory breaches.
This was!-->!-->!-->!-->!-->!-->!-->…
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FG-Dangote Partnership Portrays Nigeria as Attractive Investment Destination – LCCI
Dr. Chinyere Almona
By Adaobi Rhema Oguejiofor
The Lagos Chamber of Commerce and Industry (LCCI) has said that the partnership between the Federal Government and Dangote Refinery portrays Nigeria as an attractive investment!-->!-->!-->!-->!-->…
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