Monday, April 19, 2021



Why aren’t Nigerians curious about the new PIB?, by Gimba Kakanda

In January, when representatives of oil-producing communities converged at the National Assembly for a public hearing on the controversial Petroleum Industry Bill (PIB), they...

Nigerian govt denies printing N60bn to support March allocation

The Federal Government has denied a claim by the Edo State governor, Godwin Obaseki, that it printed about N60bn to augment March allocation to States.

NNPC records over N234bn from petrol sales in January

The Nigerian National Petroleum Corporation, NNPC, recorded about N234, 722,222,150 from the sale of the Premium Motor Spirit, PMS, petrol in January 2021.

Nigerian govt can’t reduce price of cooking gas – Marketers

The Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM, says the Federal Government alone cannot halt the hike in the price of Liquefied Petroleum Gas, LPG, across Nigeria.

Kebbi, NNPC strengthen collaboration on biofuel production

The Kebbi State Government and Nigerian National Petroleum Corporation, NNPC, are to continue to strengthened collaboration on production of biofuel and renewable energy. Yahaya Sarki,...

JUST IN: Maritime workers issue 7-day strike notice, threaten to shut port operations

Maritime Workers Union of Nigeria, MWUN, has issued a seven-day ultimatum to the Federal Government to compel the International Oil Companies, IOCs over refusal...

NNPC to establish gas power plant in Borno — GMD

The Nigerian National Petroleum Corporation, NNPC, in collaboration with other stakeholders is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno.

Acting IGP Baba: Buhari Northernising Nigerian police – Ozekhome

A Senior Advocate of Nigeria, SAN, Mike Ozekhome has picked holes in the appointment of Usman Alkali Baba as the new acting Inspector General of Police, IGP.

NNPC engages Italian company for rehabilitation of Port Harcourt refinery

The Nigerian National Petroleum Corporation, NNPC, has signed a contract with Maire Tecnimont SPA, an Italian Company, for the rehabilitation of the Port Harcourt Refinery Company, PHRC.

Sultan turbans 3 sons of late Dasuki, 17 others

The Sultan of Sokoto, Sa’ad Abubakar III, on Sunday, turbaned no fewer than 20 dignitaries, including three sons of the 18th Sultan of Sokoto, late Ibrahim Dasuki, with traditional titles of the caliphate.

Buhari will transform Nigeria into a gas nation – Sylva

The Minister of State for Petroleum Resources, Timipre Sylva, says that President Muhammadu Buhari has the political will to ensure that Nigeria becomes a gas nation with its huge deposit of gas.

Why we must help Buhari succeed, by Atiku Abubakar

I have never felt so bad at being proven right, as I am by the report from Bloomberg Business on Saturday, March 27, 2021...

Still on the whooping $1.5bn for Port Harcourt refinery, by Gidado Yushau Shuaib 

It is no longer news that President Muhammadu Buhari-led Federal Executive Council (FEC) had recently approved a 'whooping' $1.5 billion to rehabilitate the epileptic Port Harcourt refinery.

Nigerians must buy petrol at N234/litre sooner or later – Kyari

The Nigerian National Petroleum Corporation, NNPC, Group Managing Director, Mele Kyari, has said that the Federal Government can no longer afford to subsidize the cost of buying petrol in the country.

NNPC records ₦24.19bn trading surplus in December – Report

The Nigerian National Petroleum Corporation, NNPC, says it recorded an increase of ₦24.19billion trading surplus in December 2020, compared to the ₦13.43billion surplus recorded in November of the same year.

In defence of US$1.5 billion Port Harcourt Refinery project, by Ibrahim Sanyi-Sanyi

The approval of US$ 1.5 billion contract for the rehabilitation of Port Harcourt Refinery Company Ltd (PHRC) by Federal Executive Council (FEC) on Wednesday,...

Buhari appoints Isa-Dutse as Executive Director Islamic Dev’t Bank board

President Muhammadu Buhari has approved the appointment of Mahmoud Isa-Dutse as Executive Director on the Board of Islamic Development Bank, IsDB, in Jeddah, Saudi...

No fuel price hike now, released template meant to inform Nigerians about ‘market forces’ – PPPRA

The Petroleum Products Pricing Regulation Agency, PPPRA, says the March guiding prices posted on its website does not translate to increase in the pump price of Premium Motor Spirit, PMS, also known as petrol.

We’ve not increased petrol price – NNPC

The Nigerian National Petroleum Corporations, NNPC, says it has not increased the Ex-depot price of Premium Motor Spirit, PMS, also known as petrol.

IPMAN dismisses fuel price increase, directs members to sell at N163/ltr

The Independent Petroleum Marketers Association of Nigeria, IPMAN, says it has not received any official communication on the purported fuel price increase, directing its members to ignore the rumored price hike.

BREAKING: Buhari fails promise as PPRA puts petrol price at N212 per litre

As against the avowal of the Buhari administration that it would not increase petrol price in March, the Petroleum Products Pricing Regulatory Agency, PPPRA,...

Alleged $9.8m fraud: EFCC to amend charges against ex-NNPC GMD, Andrew Yakubu

The Economic and Financial Crimes Commission, EFCC, has approached the Federal High Court Abuja, seeking amendment to the charge filed against a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu.

Pollution: Court orders Kano coy to pay N5m to host community as compensation

A Federal High Court sitting in Kano, on Wednesday ordered the Nigeria Pipeline and Storage Company, NPSC, Limited to pay N5 million in damages to Kosawa Community in Kura Local Government Area of Kano state.

Petrol scarcity persists in Abuja

Motorists in Abuja continued to experience hardship in the purchase of Premium Motor Spirit, PMS, also known as petrol, for the fourth day running.

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