Tag: oil sector
Oil sector in turmoil as PENGASSAN closes key petroleum agencies nationwide
At the NUPRC headquarters in Abuja, the main gate was locked, and employees were stranded outside.
Tinubu’s reforms in oil, gas sector deliver 28 FDPs worth $18bn – NUPRC
NUPRC said Nigeria’s new energy regime under the Petroleum Industry Act (PIA 2021), ushered in a new era of governance,…
Banire misconceives facts on NNPCL and challenges in the oil sector
In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it…
Reps okay bill to help plug revenue leakages in oil sector
The House of Representatives, on Wednesday, passed a bill seeking to help plug leakages in government’s streams of income in…
NIPS: Osinbajo assures speedy legislation to make oil sector vibrant
Vice-President Yemi Osinbajo on Thursday assured that Federal Government would quickly pass legislation that would create enabling environment to make…
PIB passage will reform oil sector – Rep
A member of House of Representatives, Rep. Sergius Ogun, says passage of the Petroleum Industry Bill (PIB) will be the…
Buhari’s battle to clean up Nigeria’s oil sector
The revelation by Nigeria’s auditor general that $16bn (£11bn) of oil revenue went missing in 2014 has emphasised the scale…
Buhari begs for help to fight corruption in oil sector
President Muhammadu Buhari Saturday in Malta urged the international community to do more to support the Federal Government’s efforts to…
Kachikwu warns against sub-standard lubricants in oil sector
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has warned against the use of sub-standard lubricants in the…
Oil, gas sector facing sharp low revenues, says Kachikwu
The Group Managing Director of Nigeria National Petroleum Corporation (NNPC) Dr Ibe Kachikwu on Monday said the industry was facing…
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My reforms in oil sector will boost transparency, says Buhari
President Muhammadu Buhari Monday in Abuja assured investors that his administration will implement far-reaching reforms to boost accountability and transparency…
Buhari advised to overhaul Nigerian oil sector, increase debt
Advisors to Nigerian President, Muhammadu Buhari have recommended a root and branch overhaul of Africa’s biggest oil industry and increased…
The Need To Sanitise NNPC, Oil Sector
Every Nigerian knows how impossible it would be for anyone to try to paint a positive picture of the country’s…
We’ll correct the lapses in the oil sector, says Jonathan
President Goodluck Jonathan has assured Nigerians that his government will correct all the lapses in the oil sector after he…
Oduagate, Jonathan Presidency And The Culture Of Corruption
By Peter Claver Oparah Nothing best demonstrates the decrepit condition of the Nigerian state at present than the handling of…
No Going Back On Oil Subsidy Removal —Jonathan
The President Goodluck Jonathan-led Federal Government has restated its plan to fully deregulate the downstream oil sector, despite the aversion…
SUBSIDY PROBE: Reps Want Total Overhaul of Oil Sector
Members of the House of Representatives Wednesday expressed their desire to have a total overhaul of the entire oil sector.…
Muslim Cleric Appeals To Jonathan Over Fuel Subsidy
Prominent Nigerians have continued to appeal to President Goodluck Jonathan to rescind his decision over removal of subsidy on petroleum…