President Buhari meets with Total Group, woo investors
President Muhammadu Buhari has urged investors to explore vast opportunities for human and natural resources in Nigeria while assuring that fiscal policies would be more favourable, predictable and tilted towards creating a harmonious!-->…
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NNPC commends Sahara Group on transformation at Egbin Power
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said the ongoing transformation of Africa’s largest thermal plant, Egbin Power Plc is indicative of the quality of expertise and huge investment!-->…
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BREAKING: NLC Calls Off Strike in Kaduna State
This was revealed by the National Chairman of the Nigeria Labour Congress (NLC), Ayuba Wabba, on Wednesday.
He said the decision was to to honour the invitation of the Federal Government on Thursday to mediate in the dispute between!-->!-->!-->…
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Sylva Confirms Shell’s Intention to Leave Niger Delta
By Teddy Nwanunobi
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has confirmed that Royal Dutch Shell is in talks with the Federal Government to sell its stake in onshore oilfields.
It accounts for around!-->!-->!-->!-->!-->…
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NAFDAC Approves Johnson & Johnson COVID19 Vaccine for Nigeria
The National Agency for Food and Drug Administration and Control (NAFDAC) has granted approval for a conditional emergency use authorization for Johnson & Johnson COVID-19 vaccine to prevent COVID-19.
It is to be administered to!-->!-->!-->…
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FG Considers Options on Divestment Plan by Shell
•Says proceeds of marginal fields used to augment FAAC
The federal government is weighing some options as discussions with Anglo-Dutch oil company, Shell Petroleum Development Company, begin over its plan for total divestment from!-->!-->!-->…
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How Marginal field Operators will grow Nigeria’s Oil, By Markson Ibibo
The Nigerian government introduced the marginal field development programme in 1996 to help grow the country’s oil and gas production by divesting the majors of dormant discoveries and making same available to indigenous operators who are!-->…
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PANDEF seeks investigation into attacks on police formations
The Pan Niger Delta Forum (PANDEF) has called for a thorough investigation into the series of attacks on police formations and personnel in the country.
The call was contained in a communique jointly signed by its National Leader, Chief!-->!-->!-->…
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How DPR rescued Nigeria from major financial crisis in April — Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, has revealed that the Department of Petroleum Resources, DPR, rescued Nigeria from a financial crisis by remitting funds to the Federation Account Allocation Committee, FAAC, in!-->…
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NUPENG threatens nationwide strike over attack on Labour leaders
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG has threatened a nationwide strike over attack on leaders of the Nigeria Labour Congress, NLC including its President, Ayuba Wabba and other Labour leaders during Tuesday’s!-->…
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