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Group urges Rivers Govt to tackle soot menace 

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By PRECIOUS AKUTAMADU PORT HARCOURT- The Director of Programmes, Corporate Accountability and Public Participation Africa (CAPPA), an NGO, Mr Philip Jakpor, has appealed to Rivers...

Sylva tasks petroleum ministry staff on devotion, team work 

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MADALA, Niger State - Chief Timipre Sylva, Minister of State, Petroleum Resources, has urged staff of the ministry to redouble their efforts for more...

Nigeria must evolve innovative ways in oil, gas exploration – Sylva

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 ABUJA - For Nigeria to continue to be relevant as a major player in the global oil and gas industry, it must come up...

A nation of adulterated fuel and adulterated stories, By Dakuku Peterside 

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For decades, Nigerians have been living in denial about the state of our country's petroleum refining and distribution system. Even non- specialists without any...

Oil is owned by Niger Delta, not Nigeria, By Michael Owhoko

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For the record and for posterity, it is imperative to state that oil found in the Niger Delta region belongs to the people of...

Buhari cautions new NNPC board on ethics, accountability

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The President, Major General Muhammadu Buhari (retd.), Friday in Abuja urged the Board of the newly incorporated Nigerian National Petroleum Company Limited to ensure...

Sylva: Govt ‘ll scrutinise investors in divested oil assets

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The Federal Government has said it will carefully scrutinise oil companies that will bid for the takeover of assets that Shell and other oil...

House wants N2.6tr debt by oil firms recovered

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The House of Representatives yesterday asked the Federal Government to recover about N2.6 trillion allegedly owed it by 77 oil and gas companies operating...

Emmanuel lauds NNPC restructuring, wants financial report publication sustained

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The Governor of Akwa Ibom State, Mr Udom Emmanuel, has commended the ongoing reforms of the Nigeria National Petroleum Corporation and its recent restructuring...

Subsidy: FG may deduct N2.4tn palliative from Federation Account, plans talks

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The Federal Government may deduct at least N2.4tn from the Federation Account to fund the N5, 000 cash palliative that will be handed over...

Fuel marketers predict N170/litre, claim supply drop, NNPC disagrees

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The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to N170/litre, while its depot price is projected...

FG to end petrol subsidy June 2022, World Bank condemns N2.9tn...

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The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up...

FG scraps DPR, PPPRA, PEF, sacks CEOs, inaugurates new agencies

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The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped and do not exist...

Buhari’s full speech on 2022 budget proposal

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Budget of Economic Growth and Sustainability Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Thursday, October...

Senate confirms Modibbo, Komolafe, Gambo, Ndong as NURC board members

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The Senate on Wednesday confirmed the nomination of Isa Ibrahim Modibbo for appointment as the Chairman of the board of the Nigerian Upstream Regulatory...

Senate passes revised 2022-2024 MTEF/FSP

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The Senate on Wednesday passed a revised Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) sent to the National Assembly by President...

IOCs contemplating leaving Nigeria onshore for court cases – Sylva

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Owing to litigations, many International Oil Companies (IoCs) are mulling the idea of leaving their onshore operations in Nigeria. The Minister of State for Petroleum...

VAT bill will end agitations in Niger Delta if passed -Activist

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An activist and chairman of the Board of Trustees, Centre for Human Rights and Anti-Corruption Crusade, Cleric E. Alaowei, has hailed the House Representatives...

Lawan refers EFCC, other nominees to committees for screening

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President of the Senate, Ahmad Lawan, has forwarded Nigeria’s President Major General Muhammadu Buhari (retd.)’s nominees into the board of the Economic and Financial...

Buhari writes Senate, proposes amendment to PIA

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President Muhammadu Buhari, on Tuesday, wrote to the Senate seeking an amendment to the recently enacted Petroleum Industry Act (PIA). According to one of the...