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Speaking on Channel Television’s Politics today, Kyari said that the inevitable shutdown was necessitated by difficulties in feeding them with crude oil via the pipelines that have been completely compromised by vandals. “That means…
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The Department of Petroleum Resources has ordered 9,000 filling stations nationwide to begin the installation of facilities for gas products. This was announced in a statement by The Director, DPR, Mr Sarki Auwalu. The DPR said the…
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Nigeria can develop into the refining hub for West and Central Africa becoming a net exporter of refined products following federal government’s new policies on alternative energy, total deregulation, liberalization of the petroleum …
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The Federal Government is no more going to be releasing guiding price bands for the sale of petrol at filling stations; hence, oil marketers are now free to fix prices. It released petrol price bands for about three months although some…
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Facts have emerged as to how the Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari secured a $300m reduction in the Ajaokuta-Kaduna-Kano Gas project It was learnt that after several failed attempts in the…
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The Petroleum Products Pricing Regulatory Agency (PPPRA) on Wednesday said there was no relationship between the prices of crude oil in the international market and the pump price of petroleum products. This is contrary to what the…
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Twelve years after the controversial Petroleum Industry Bill (PIB) is yet to see the light of the day, stakeholders including community leaders in the Niger Delta discovering the bill in circulation does not address the yearnings of host…
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The Governor of Bayelsa, Sen. Duoye Diri, said that the Nigerian Maritime Administration and Safety Agency (NIMASA) was key in weaning Nigeria from its dependence on crude oil. Diri disclosed this in a statement signed by Mr Philip…
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Chief Operating Officer, Gas and Power of Nigerian National Petroleum Corporation (NNPC), Engr. Yusuf Usman, disclosed that the corporation is building a gas industrial base. “The more you have gas-based industries in Nigeria, the more…
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Deregulation, subsidy and electricity hike are not new in the history of Nigeria. Successive governments in the country’s current political dispensation from 1999 till date have battled with these tripod issues in the country’s political…
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