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“Joe Biden knows that high gasoline prices are not good for incumbents. We’ll certainly be hearing more from the administration" By Teddy Nwanunobi The U.S. may ask the Organisation of Petroleum Exporting Countries (OPEC) member…
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"The smugglers usually go to the fuel stations with these vehicles to buy fuel which they will resell to bandits" In a bid to beat the security strategies in place in Katsina State, the Nigerian Customs has revealed how smugglers…
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"We need innovations, which is why we set up a $50 million research and development grant" Panelists at the recent Seplat Energy Summit in Abuja have identified finance, time, action, among others, as critical to Nigeria’s quest to…
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“Soon, the engineering, procurement and construction will commence and the targets of 7,000 MW (Phase 1), 11,000 MW (2nd Phase) and 25,000 MW (3rd Phase) will follow" The Secretary to the Government of the Federation, Boss Mustapha,…
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…As NNPC Plans to Rebuild Roads Under Tax Credit Scheme As a follow-up to its efforts in sustaining the current smooth supply and distribution of petroleum products nationwide within the festive period and beyond, the Nigerian…
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By Teddy Nwanunobi The Organisation of Petroleum Exporting Countries and its allies (OPEC+) boosted crude oil output by 470,000 barrels per day in September. However, a number of its members, including Nigeria, were…
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By Teddy Nwanunobi Reverting to gas usage in the country will go a very long way to solve the lingering crisis between the herdsmen and farmers. The Director of the National Gas Expansion Programme (NGEP) at the Ministry of…
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"Cash calls are requests sent by JV operators to non-operating partners for payment in the light of anticipated future capital" By Teddy Nwanunobi (with agency report) The Federal Government, through the Nigerian National…
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By Teddy Nwanunobi Kano State governor, Dr. Abdullahi Umar Ganduje, has removed Engr. Mu’azu Magaji as Executive Chairman, state NNPC/AKK Gas Pipeline Project and Gas Industrialisation Committee (KNSG-PDIC). This is the second…
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By Teddy Nwanunobi Better times are here for the Federal Government, as Brent Crude, Nigeria’s crude oil benchmark, hit $84.50 per barrel on Monday afternoon, according to data from the Nigerian National Petroleum Corporation…
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