‘THE COST OF FUEL SCARCITY’
The Book, ‘The Costs of Fuel Scarcity’ written by Engr Johnson O. Awoyomi, an accomplished Engineer and a three-time member of the National Fuel War room, is an in-depth analysis of Nigeria’s Oil and Gas Industry. In the book, the!-->!-->!-->…
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‘How Borrowing in Development Bank works Better than in Commercial Bank’ – Ofili
In the year 2010, the Federal Government of Nigeria introduced the Nigerian Oil and Gas Industry Content Development (NOGICD) Act as a tool to assist indigenous companies scale-up their scope of business participation in the industry,!-->!-->!-->…
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Why Africa Will Not Abandon Fossil Fuels Yet ― APPO Scribe
As the global climate debate gets more intense, reaffirming the reality that the energy industry must decarbonize in order to save the earth from what may eventually become an irreversible catastrophe, meaning also that the!-->!-->!-->…
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Illegal refineries: Senate Advocates Introduction of Pollution Tax
By YANGE IKYAA
The Nigerian Senate has urged the Federal Government to introduce pollution tax on those involved in economic sabotage by engaging in illegal refining of crude products in oil producing areas of the country. The!-->!-->!-->!-->!-->!-->!-->…
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NNPC Grows Trading Surplus by 353%
By YANGE IKYAAThe Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a growth in trading surplus of ₦37.50 billion for the month of September 2021, representing a 352% increase from the ₦8.29 billion surplus in!-->!-->!-->!-->!-->…
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HE. Dr. Mohammad Sanusi Barkindo (Walin Adamawa) Secretary General, OPEC
Mr. MS Barkindo was founder delegate to the formation of the African Petroleum Producers Association (APPA) in Algiers, Algeria, in 1986; delegate to APPA Ministerial Conferences from 1987 to 2010; and pioneer member of the!-->!-->!-->…
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Nigeria’s Decade of Gas Gains Momentum as Safety Measures Demand More Attention
By Yange Ikyaa
In March 2021, President Muhammadu Buhari made a declaration, confirming the next ten years from that date as “The Decade of Gas” for Nigeria.This initiative was designed and tailored to enable the country!-->!-->!-->!-->!-->!-->!-->…
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Fuel Scarcity as Potential Inflation Trigger
The worrisome fuel scarcity being experienced across the country may have negative implications on the inflation rate of Nigeria’s struggling economy, reports EDDY OCHIGBOPenultimate week, motorists across many parts of the country!-->!-->!-->!-->!-->…
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Journey to Renewable Energy: Africa Moving at Its Pace
Mele Kyari
By Gideon OsakaClimate change is the biggest challenge facing humankind now, and the issue has reached a tipping point. There have been warnings of the potential for average global temperature to increase by more than 1.5!-->!-->!-->!-->!-->…
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Why Subsidy Withdrawal Suspension may affect PIA Implementation
By Fred Ojiegbe
The Petroleum Industry Act has been described by all and sundry as a game changer that will revolutionize the oil and gas sector in Nigeria and make it more attractive to investors.Asides investment, the Act,!-->!-->!-->!-->!-->!-->!-->…
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