The Minister of State for Petroleum Resources, Timipre Sylva, said the hike in the price of petrol was as a result of an American pharmaceutical company, Pfizer’s recent breakthrough in the fight against the COVID-19 pandemic.
Buhari presides over virtual FEC meeting as ministries of Interior, Transportation, others make presentations
President Muhammadu Buhari is currently presiding over the 16th virtual meeting of the Federal Executive Council, FEC, with some Ministries, Departments and Agencies, MDAs, expected to make presentations at the meeting.
The Minister of State, Petroleum Resources, Timipre Sylva on Thursday said the Federal Government will be saving over N1trillion annually, following the removal of subsidy of the Premium Motor Spirit, PMS, otherwise known as petrol.
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the Petroleum Industry Bill, PIB, will be presented to the National Assembly in the next few weeks.
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, and the National Union of Petroleum and Gas Workers, NUPENG, have rejected the move by the Federal Government to enroll their members into the Integrated Personnel and Payroll System, IPPIS.
The Federal Government has reduced the pump price of Premium Motor Spirit, PMS, from N145 per liter to about N130.
President Muhammadu Buhari on Wednesday met behind closed doors with the Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, Mela Kyari, at the Presidential Villa, Abuja.
The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas, LPG, by 2023.
President Muhammadu Buhari on Monday met behind closed doors with Bayelsa Governor-elect, David Lyon, at the Presidential Villa, Abuja.
The Deputy President of the Senate, Ovie Omo-Agege has congratulated the Bayelsa Governor-Elect, David Lyon on his victory in the Nov. 16 governorship election.
The Minister of State for Petroleum Resources, Timipre Sylva, says that the over 30 dollar crude production cost in Nigeria is unsustainable and must be reduced to drive growth and development.
The Federal Government says it will not relent on the sustenance of “Operation White” developed to eradicate the smuggling of Premium Motoring Spirit, PMS, across Nigerian borders.
The Minister of State for Petroleum Resources, Timipre Sylva on Tuesday pledged to reduce oil production cost in the country.
Seven former governors and seven ex-senators are among the 43 ministerial nominees whose names were sent to the Senate for screening and confirmation on Tuesday.
A former Akwa Ibom Governor Senator Godswill Apkabio, Senior Advocate of Nigeria (SAN) Festus Keyamo and Director General of the National Information Technology Development Agency, Isa Ali-Pantami, and 39 others have made it to the much-awaited ministerial list of President Muhammadu Buhari.
Former Governor of Bayelsa, Timipre Sylva has said that Nigeria’s economic development depends on the growth of entrepreneurship in the country.
The Police Command in Bayelsa says it has restored normalcy to Brass Island, after violence erupted in the area, from a clash between two...