Use of gas will stem deforestation – Osinbajo
Vice President Yemi Osinbajo of Nigeria has reported that the use of gas as a transition fuel would help in...
Natural Resources
Nigeria recovers N2.6trn revenue from oil firms
Nigeria has recovered the sum of N2.6 trillion as revenue from oil firms following the intervention of Nigeria Extractive Industries...
Petrol price hits N250 per litre in Rivers
Mr Joseph Obele, Chairman, Rivers Chapter, Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised residents of the state against...
Nigeria loses $700m monthly to massive crude oil theft
At least 470,000 barrel per day crude oil valued at $700 million is lost to large scale crude oil theft,...
End to petrol subsidy difficult task but necessary – Unions
The Major Oil Marketers Association of Nigeria (MOMAN) and Trade Union Congress (TUC) have favoured ending subsidy on Premium Motor...
Expert urges Nigeria to shun dependence on crude oil
Dr Abiodun Adedipe, Chief Consultant B. Adedipe Associates Ltd., has called for a deliberate alignment of policies across fiscal, monetary,...
17 marginal oilfields currently producing in Nigeria – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 17 marginal oilfields are currently producing out of 30 fields awarded so...
Oil, gas investments will increase with reduction in insecurity
Malam Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Ltd. says resolving the security challenge in the...
Spike in prices of kerosene, gas will affect Nigerians – Economist
Prof. Aminu Usman, an Economist, says the continuous increase in kerosene and cooking gas prices will lead to increased difficulty...
Group supports initiative on pipeline surveillance
The Coalition of Arewa Civil Society Groups, has supported the award of multi-million dollar pipeline surveillance contract to Government Ekpemupolo,...
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