Oil companies to develop host community plan- PIB
The New Petroleum Industry Bill (PIB) currently before the National Assembly has proposed that oil companies operating in some communities must develop community development plan
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FG recorded N409.39bn fiscal deficit in August – CBN
The Federal Government recorded a fiscal deficit of N409.39bn in August, even as its total federally collected revenue rose by 2.7 per cent to N767.55bn.
NNPC targets critical gas infrastructure projects from 2021 budget
The Nigerian National Petroleum Corporation (NNPC), has hinted of plans to develop some of the country’s critical gas infrastructure from the 2021 budget. The Group
Energy journalists inaugurate new Exco
The Association of Energy Correspondents of Nigeria, NAEC has inaugurated a new set of executive to steer its activities for two years. Events of the
EITI commends NNPC for transparency
The Extractive Industries Transparency Initiatives (EITI), has commended the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari for deepening the
EFCC confirms invitation of former FIRS Chairman, Babatunde Fowler
The Economic and Financial Crimes Commission (EFCC) has confirmed the invitation of Mr Babatunde Fowler, former Chairman of the Federal Inland Revenue Service (FIRS) for
PIB: Minister to revoke licences of oil firms over neglect of host communities
The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licenses for oil and gas companies who neglect their obligations
DPR prohibits cylinder to cylinder gas refilling – Official
The Department of Petroleum Resources (DPR) has warned Liquefied Petroleum Gas (LPG) retail outlets against cylinder to cylinder gas refilling and decanting because of the associated
Electricity: Nigeria lost N243bn in 10 months
*AfDB task Nigeria, others on energy demand Nigeria recorded losses in power generation volume valued N243 billion between January and October this year. This is
FG generates N424.71bn VAT in Q3 2020-NBS
The National Bureau of Statistics (NBS), says the Federal Government generated N424.71 billion as Value Added Tax (VAT) in the third quarter (Q3) of the
