Why NCDMB Invests in Indigenous Companies -Wabote
-By Gideon Osaka
The Executive Secretary of Nigerian Content Development and Monitoring Board, NCDMB, Mr. Simbi Wabote has explained the reason why NCDMB is investing in indigenous companies, in its quest to industrialize the country.
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Sylva says Nigeria bracing up for lower-for-longer crude oil price
As the impact of the COVID-19 pandemic and progressive decline in Crude oil prices in 2020 continues to bite harder, Minister for States Petroleum Resources, Timipre Sylva has revealed that the country for a possible lower-for-longer crude!-->…
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5 Teams Emerged Winners of US$10,000 NCDMB Grant
-By Gideon Osaka
Five teams have emerged as the winners of this year’s Nigerian Oil and Gas Technology, NOGTECH Hackathon sponsored by the Nigerian Content Development Management Board, NCDMB. The winners as announced by the Executive!-->!-->!-->…
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Returning Subsidy Will Cause Petrol Scarcity – Sylva
Minister of State for Petroleum Resources, Timipre Sylva has stated that the return of fuel subsidy will lead to a scarcity of fuel in the country.
Recall that the Federal government recently announced the stoppage of fuel subsidy which!-->!-->!-->…
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How BPP Settled Controversy Surrounding AKK Gas Project
-By Gideon Osaka
The dust raised concerning the Ajaokuta, Kaduna, Kano (AKK) gas pipeline project has finally been put to rest following the clarification from the Bureau of Public Procurement (BPP).
Prior to the clarification by!-->!-->!-->!-->!-->…
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Nigeria’s Rig Count Rises by 2, as OPEC Records Minus 15
-By Fred Ojiegbe
Nigeria made an impressive plus two record, in its rig count in August, having posted eight, as against six posted in July, at a time the Organisation of Petroleum Exporting Countries, OPEC recorded a dismal minus 15,!-->!-->!-->…
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Further reduction in electricity tariff spend: Schneider Electric releases new offer
Schneider Electric on Monday announced the availability of a new category of Uninterrupted Power Supply (UPSs) smart solution from its APC, that can help electricity consumers in Nigeria reduce total spend on electricity tariff.
This is!-->!-->!-->…
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Labour calls off strike, FG suspends new electricity tariff for 2 weeks
Organized labour, in the early hours of Monday, suspended the proposed strike over increase in prices of petrol and electricity tariff.
The suspension was contained in a communique jointly signed by labour leaders and the Federal!-->!-->!-->…
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Jigawa Gov begs Buhari to reverse fuel price, electricity tariff hike
Jigawa state overnor, Mohammed Badaru Abubakar has pleaded with President Muhammadu Buhari to look into the plight of Nigerians by reversing the fuel price and electricity tariff hike.
Badaru, who made the call at the commissioning of!-->!-->!-->…
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DPR outlines cardinal focus for downstream operations
The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business and create opportunities in the oil and gas sector.
A statement signed by Mr Paul!-->!-->!-->…
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