The Federal Government is set to revamp Nigeria’s petroleum distribution systems and address the alarming rate of petrol tanker explosions, according to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri. Speaking in Abuja during a meeting with…
As Nigeria Clocks 64: Narratives on her second economic independence — Magnus Onyibe
Nigeria is experiencing a renewed wave of independence from colonial influences, this time achieving it through energy independence via the domestic refining of its rich crude oil resources. This transformation is being spearheaded by indigenous investors who own refineries, representing…
Economic Sabotage: Count us out — NNPC Ltd
•GCEO NNPC Ltd, Mr. Mele Kyari addresses an interactive session of the Senate ad-hoc committee investigating alleged economic sabotage in the Nigerian Petroleum Industry, held at the National Assembly on Wednesday The Group Chief Executive Officer of NNPC Limited, Mr.…
NNPC Ltd urges creation of local financing bodies for energy projects
•Chief Financial Officer, NNPC Ltd, Mr. Umar Ajiya stresses a point at a Panel Session themed, “Accelerating Investment, Enabling Industry Growth, Meeting Energy Demand”, during the ongoing 2024 Nigeria Oil Gas Conference and Exhibition (NOG Energy Week), in Abuja The…
Our inputs in oil and gas will safeguard, enhance investments – Tinubu
President Bola Tinubu has assured that his administration will continue to provide the needed interventions in the oil and gas industry in line with the provisions of the Petroleum Industry Act (PIA). In a statement issued by Special Adviser on…
FG wants to know “real owners” of Nigerian oil companies
All entities that apply for or hold a participating interest in an oil and gas exploration or production licence, lease, or contract (collectively, “relevant persons”) are required to provide information about their owners, including the identity(ies) of their beneficial owner(s),…