NNPC Explains Measures to cut Crude Oil Production Cost
The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down cost of crude oil production to $10 per barrel or below, the Corporation’s
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FG Extends Deadline for Marginal Oilfield Bids to June 21
****Crude oil price slumps to $38 over concerns on demand The Department of Petroleum Resources (DPR) thursday extended by one week, the deadline to register
Magu: We’ve Recovered N980bn, Private Jets, Oil Vessels
Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, has said the agency has recovered assets worth over N980 billion. He
CAN Urges N’Assembly to Reject Infectious Disease Bill
The Christian Association of Nigeria (CAN) has raised the alarm that the proposed infectious disease legislation is capable of causing disunity and anarchy in the
NNPC, partners invest 53% COVID-19 intervention on hospitals construction
The Nigerian National Petroleum Corporation (NNPC) and its partners are investing 53 per cent of the N21 billion COVID-19 donations from the sector in construction
Expert advocates far reaching reforms for commercially viable NNPC
Mr Najim Animashaun, the Principal Partner, Nigerian Natural Resource Charter (NNRC), has advocated for reforms that will make the Nigerian National Petroleum Corporation (NNPC) commercially
Mounting debt in power sector crippling our operations-NGA
The crises rocking the power sector appear to be over as stakeholders in the country’s gas-to-power value chain yesterday decried the mounting debt profile in
Wives protest 3-month COVID-19 ‘detention’ of husbands at Egbin Power Plant
Over 200 aggrieved wives of electricity workers at Egbin Power Plant, Ijede, Ikorodu, Lagos State, have stormed the firm’s premises, demanding that their husbands be
How new investment may reduce technical, commercial losses in DisCo
With over 40 per cent Aggregate Technical and Commercial (AT&C) loses being recorded by distribution companies in Nigeria, a new investment coming into the power
FEC approves N120.7bn for road, water projects
The Federal Executive Council (FEC) on Wednesday approved a total of N120.7 billion for road and water projects. Minister of Works and Housing, Babatunde Fashola,
