Crude oil theft: NSA inaugurates 11-man special investigative panel, says Nigeria may lose $23 billion in 2023
Oredola Adeola Major General Babagana Monguno, National Security Adviser, (NSA) has warned that Nigeria is likely to lose $23 billion...
Year: 2022
Crude oil theft: Nigerian Navy begins “fiscalisation” process, inspects meter reading at crude oil loading terminals
Oredola Adeola The Nigerian Navy has revealed the plan to collaborate with the Nigerian National Petroleum Company Limited (NNPCL) on...
Nigeria-Morocco gas pipeline: NNPC, ONHYM, sign MoU with Ghana, Gambia, three other West African countries
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) and Morocco’s National Office of Hydrocarbons and Mines (ONHYM) have signed...
NDPHC raises alarm as vandals destroy 6 transmission towers, kill contractor in Rivers State
Oredola Adeola The Niger Delta Power Holding Company (NDPHC) Limited has revealed that several power infrastructures including transmission towers and...
Seplat Energy emerges first Nigerian company to earn ISO 55001:2014 AMS certification
Oredola Adeola Seplat Energy Plc, a leading Nigerian independent energy company has announced that it successfully obtained the ISO 55001:2014...
13% oil derivation refunds spent on salaries, infrastructural projects in Ondo state – Gov. Akeredolu
Arakunrin Oluwarotimi Akeredolu, Ondo State Government has confirmed that the 13 percent oil derivation, subsidy, and SURE-P refunds received by...
No end in sight to nationwide fuel scarcity, as NNPCL, NMDPRA fail to address core supply issues
Oredola Adeola … as ex-depot price of petrol hits N215 per litre The persistent fuel scarcity that has practically become...
Oil derivation refund: Nine oil producing states receive N625.43bn in two years, N1.1trn outstanding -Presidency
The Nigerian Government has released a total of N625.43 billion being 13 percent oil derivation refunds from the Federation Account...
African leaders identify investment in energy, infrastructure as prerequisite to achieving 2063 continent’s development goals
Oredola AdeolaAfrican leaders have identified the need to invest more of the national budgets significantly on energy and infrastructure in...
Hike in prices of petroleum products, persistent power failure, insecurity may shrink Nigeria’s GDP further by 2023 – Dr. Olawale-Cole, President LCCI
Oredola Adeola The Lagos Chamber of Commerce and Industry (LCCI) has warned that significant spike in the price of diesel,...
