President Buhari approves new board for NLNG

President Muhammadu Buhari has approved the newly reconstituted board of Nigeria Liquified Natural Gas (NLNG) and Bonny Gas Transport Limited (BGT). The Minister of State...

Buhari pledges speedy completion of $2.5bn AKK Gas Pipeline Project

President Muhammadu Buhari has affirmed commitment to ensure timely delivery of the landmark Ajakuota-Kaduna-Kano (AKK) gas pipeline project. The president said the project would be...

NCDMB responds to reports of Petroleum Minister demanding $20m for Bayelsa elections

Adebayo Obajemu The management of Nigerian Content Development and Monitoring Board (NCDMB) has finally responded to claims by an online medium that the Minister of...

Kaduna refinery staff earn N23.2 bn, as facility declares zero revenue

Adebayo Obajemu As shocking as it is, the total number of staff working at the Kaduna Refinery in 2018, is 897,yet NNPC spent a total...

Petrol supply dips by 21%, NNPC profers reasons for high production cost

Adebayo Obajemu It is no longer news that the ongoing restrictions imposed by the federal government on account of COVID-19 have impacted the consumption of...

Fuel price: DPR praises oil marketers’ compliance

Adebayo Obajemu For total compliance with fuel price directive, the Department of Petroleum Resources, DPR, Wednesday, gave kudos to oil marketers. Speaking after a surveillance of...

Marketers not allowed to fix fuel pump price – PPPRA

Adebayo Obajemu Contrary to recent expectation, the Petroleum Products Pricing Regulatory Agency (PPPRA) has that the marketers were not allowed to fix pump prices of petroleum...

NNPC begins construction of N21bn medical facility in Kaduna

Adebayo Obajemu In consonant with its decision made known early in the week to diversify its portfolio into medical sector, the Nigerian National Petroleum Corporation...

Oil prices fall on doubts over output cuts

Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to...

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