In compliance with Section 59 (2) of the Petroleum Industry Act, 2021, President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National…
Category: BUSINESS
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FG Sets up Committee to Crash Price of Cooking Gas
The Federal Government has set-up a committee to find a lasting solution to the fluctuating price of Liquefied Petroleum Gas (LPG) also known as cooking gas.This followed the rise in…
Waltersmith Refinery Plans 40,000 Barrels Daily Output
BY CHIKA OKEKE, AbujaThe Waltersmith Petroman Oil Limited has intensified plans to raise the capacity of its processing plant from the present 5,000 to 40,000 barrels daily.President and Group Chief…
Tinubu Appoints Board Members for Ministry of Finance, NCS
President Bola Tinubu has appointed 10 Nigerians to serve on the Board of Directors in the Ministry of Finance Incorporated (MOFI).The appointees are Dr Shamsudeen Usman — Board Chairman; Dr…
Senate Pledges Improved Funding for Ecological Project Office
BY CHIKA OKEKE, AbujaThe Senate has pledged to improve the funds allocated to the Ecological Project Office (EPO) for the implementation of its projects nationwide.This was even as the Senate…
NNPCL Ends Fuel Importation December 2024
The Nigerian National Petroleum Company Limited (NNPCL) has concluded arrangement to end the importation of refined petroleum products by December 2024.This was even as the oil firm promised to raise…
NCDMB Trains 16, 000 Youths on Solar Installation
BY CHIKA OKEKE, AbujaIn furtherance of its Human Capital Development initiatives, the Nigerian Content Development and Monitoring Board (NCDMB) has so far trained 16,000 semi-skilled and skilled youths across the…
2000 Ebonyi Flood Victims Get Relief Materials
At least, 2000 victims of the 2023 flood disaster in Ikwo Local Government Area (LGA) of Ebonyi State have received assorted relief materials worth N80 million.The relief items were distributed…
FG Plans to Build Lagos-Abidjan Highway With Concrete
The Federal Government has concluded plans to build the Nigerian section of the proposed Lagos-Abidjan highway using concrete technology.Minister of Works, Dave Umahi stated this on Thursday while receiving a…
NCDMB, SLB Unveil Software to Address Oil, Gas Industry Pitfalls
BY CHIKA OKEKE, AbujaNigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company has unveiled a software expected to address the pitfalls in the Oil and Gas…