The House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria has summoned the Minister of State for Petroleum Resources, Timipre Sylva, and the Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari. The officials of the management of the nation’s refineries were also …
Read More »FG Laments Attacks on Public Infrastructure, Urges Nigerians to Protect Power Assets
he federal government has urged Nigerians to rise and consciously protect Nigeria’s public infrastructure, especially against the backdrop of recent vandalism of transmission lines, leading to national power grid collapses. Special Adviser to President Muhammadu Buhari on Infrastructure, Ahmad Zakari, noted that it was incomprehensible that Nigerians will deliberately attack …
Read More »Power generation crashes by 903MW, national grid crisis persists
The latest figures on Nigeria’s power grid performance released on Tuesday showed that the quantum of electricity generated on the grid had continued to fluctuate, as it fell by 903 megawatts on Monday, April 18, 2022. Nigeria’s electricity grid has been characterised by some sort of instability lately, witnessing about …
Read More »Oil earnings drop by N75.9bn despite monthly price hike – Report
Nigeria’s earnings from crude oil plunged by about N75.9bn in February and March this year despite the increase in global oil prices for the third consecutive month in March 2022. The latest data from the April 2022 Monthly Oil Market Report of the Organisation of Petroleum Exporting Countries showed that …
Read More »NNPC to deliver $2.6bn gas pipeline Q1 2023
The Nigerian National Petroleum Company Limited and its contractor handling the bulk of the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, Oilserv Limited, on Thursday stated that natural gas would be transported through the AKK pipeline in the first quarter of 2023. Both firms made stated this during an inspection tour of …
Read More »World Bank, FG begin installation of solar system in Abia
The World Bank in collaboration with the Federal Government through the Niger Delta Power Holding Company (NDPHC), has commenced the installation of solar systems in 5000 households in Abia. Representative of NDPHC who led the team for the installation to Abia, Chinonso Ugwueke said the initiative was introduced to provide …
Read More »NCDMB Pledges Support for LPG Production
The Nigerian Content Development and Monitoring Board (NCDMB), has pledged to continue to support the growth of the production and deployment of Liquefied Petroleum Gas (LPG) in Nigeria. Executive Secretary of the board, Mr Simbi Wabote, made the remarks during the inauguration of a 30-metric ton refilling plant belonging to …
Read More »NEITI Wants FG to Deepen Reforms in Solid Minerals Sector
Government should continue to deepen the ongoing reforms in the mining sector and oversee the full implementation of the roadmap to achieving its 5 per cent contribution to Gross Domestic Product (GDP), the Nigeria Extractive Industries Transparency Initiative (NEITI) has recommended in its latest report. In addition, the Dr Ogbonnaya …
Read More »EU Ambassadors in Nigeria Seek to Strengthen Partnership in Energy Sector
European Union (EU) Ambassadors in Nigeria on Monday paid a courtesy call on the Management of the Nigerian National Petroleum Company (NNPC) Ltd, seeking to strengthen its partnership with Nigeria in the energy sector. Speaking on behalf of the group, the EU Ambassador in Nigeria, Samuela Isopi, said as a …
Read More »NAPIMS Gets ISO 22301 Certification, Emerges First Public Institution to Achieve Feat
The National Petroleum Investment Management Services (NAPIMS), a subsidiary of the Nigerian National Petroleum Company (NNPC) has received the ISO 22301, a quality assurance certification. During the presentation in Abuja, the organisation stated that it is the first government institution in Africa to receive the certification. The ISO 22301 is …
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