FG slashes spending on JV oil assets by 62%
Amid the coronavirus-induced sharp drop in its revenues, the Federal Government reduced its spending on oil and gas assets being developed through joint ventures with
Author : Our Reporter
Govt has no business running refineries, says Osinbajo
The Vice President, Prof. Yemi Osinbajo, has said the problems associated with Nigeria’s refineries will persist if the Federal Government continues to own and run
Rivers, Shell inaugurate CDB for Assa North Gas project
The Rivers State Government and Shell Petroleum Development Company of Nigeria Limited (SPDC), in Port Harcourt, inaugurated the Egi/Igburu Cluster Development Board (CDB), for pipeline
Governor condemns push for resource control
Promises tax incentives, others to investors As Niger Delta governors continue to push for resource control, their counterparts in the northern region believe current structure,
Local govt brokers peace as residents seek evacuation of gas operators in Oshodi
Residents of Oshodi-Isolo Local Government Area of Lagos State have been, for weeks, at loggerheads with some operators of retail gas stations since the explosion
Petrol scarcity looms as tanker drivers halt operations
Petrol scarcity may surface across the country as the Nigerian Association of Road Transport Owners on Monday ordered tanker drivers nationwide to halt operations beginning
FG spends N8.9t on subsidy in 10 years -PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006 and 2015.
Group wants NNPC to champion contract transparency in extractive industry
The Contract Transparency Network (CONTRANET) a civil society network, has urged the Nigerian National Petroleum Corporation (NNPC) to champion the implementation of contract transparency in
NCAA to revoke erring airlines license over non-compliance with COVID-19 protocols
The Nigerian Civil Aviation Authority (NCAA) has threatened to revoke the license of domestic airline operators over non-compliance with the COVID-19 protocols of the Federal
CBN decries speculation as naira plunges, exchanges for 465/$
Declining export receipts from oil and speculative activities of the Bureau De Change operators among other challenges of the COVID-19 pandemic on the economy will
