Valuechain - Nigeria's foremost Online Energy News Platform

...The appointment is for four years President Muhammadu Buhari has approved the appointment of a Chairman, and an Executive Secretary for the Petroleum Product Pricing Regulatory Agency (PPPRA). The Chairman is Atuonwo A. Obinna,…
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A ray of hope is coming for Kano’s dying industries with the initiation and implementation of various policies and programmes that aimed at rebounding manufacturing entities in Kano and Northern Nigeria. When Governor Abdullahi Umar…
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Mele Kyari, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), says Nigerians ought to be paying at least N256 per liter for petroleum. Mr Kyari uncovered this at a stakeholders meeting organized by the NNPC to…
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Nigeria has the potential to generate about N10trillion as tax revenue in the next three years, says World Bank. To this end, the bank admonished the federal government to focus more on revenue-yielding avenues to achieve substantial…
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The Managing Director of Polaris Bank, Mr Innocent Ike, has said that the bank has refunded the $300 million lodged with the bank by the Nigerian National Petroleum Corporation (NNPC) in 2012. Ike said this while appearing before the…
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An Indigenous energy start-up, OMAA, has unveiled its range of dual-fuel natural gas-powered buses into the Nigerian market. While speaking at the Nigeria International Petroleum Summit (NIPS) recently, the Managing Director of OMAA,…
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As COVID-19 took a toll on the world economy along with oil price glut, Nigeria’s revenue sources were greatly affected. However, Nigeria, through the Department of Petroleum Resources (DPR), created a N235 billion (or $500 million)…
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…as Bekikiri community in Bayelsa State cries exclusion House of Representatives Committee on Host Communities has warned First Exploration and Production Development Company, an oil exploration firm against stifling the hearing of a…
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• Logistics challenges, weak Naira push Jet A-1 to N215 in South, over N300/per litre up North• Apapa ports’ congestion costs importers extra $10,000 to $25,000 daily• It’s a shame no refinery produces Jet A-1 locally, says Joji …
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Nigeria’s export receipt from oil revenue, which slumped by 98 per cent from March to April, is set for a rebound as the Organisation of Petroleum Exporting Countries (OPEC) has forecast demand to exceed 99 million barrels per…
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