The Minister of Works, Engr. David Umahi has said that his ministry would spend One Hundred Billion Naira (N100bn) for immediate palliative works on roads in 36 States of the country and the Federal Capital Territory (FCT). Umahi who announced the development in a statement issued on Monday, November 27,...
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, and the National Oil Company have been awarded at the 2023 Nigeria GovTech Awards for digital automation of operations. Olufemi Soneye, the Chief Corporate Communications Officer of the NNPC Ltd., who disclosed this...
The Authority Chief Executive (ACE) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed has said that the Nigeria’s ever changing energy landscape requires clear and stable policy frameworks, appropriate governance structures, secured and operating environment at all levels. Engr. Ahmed added that the availability of...
The Nation's Gross Domestic Product (GDP) grew by 2.54% (year-on-year) in real terms in the third quarter of 2023, according to the latest report by the National Bureau of Statistics (NBS). NBS said in the report that the growth rate was higher than the 2.25% recorded in the third quarter...
The Statistician-General of the Federation and Chief Executive Officer of the National Bureau of Statistics (NBS), Prince Adeyemi Adeniran, has advanced reasons why the Bureau is automating its Consumer Price Index (CPI) data collection process. Prince Adeniran gave the reasons in his Keynote Address at the Closing Ceremony of the...
The House of Representatives has expressed satisfaction with the on-going reforms at the Nigerian National Petroleum Company (NNPC) Ltd.), which has transformed the company from a loss-making company into a profit-making commercial entity. Olufemi Soneye, the Chief Corporate Communications Officer of the NNPC Ltd., in a statement said, the commendation...
The Group Chief Executive Officer of the Nigerian National Petroleum Company(NNPC Ltd.) Mele Kyari has told the Nigerian Senate that the company has supply sufficiency of the Premium Motor Spirit (PMS), popularly called petrol that would last beyond the Yuletide Season. Olufemi Soneye, the Chief Corporate Communications Officer of the...
The Nigerian National Petroleum Company (NNPC Ltd.) has promised to keep up the fight against crude oil theft in the country. Olufemi Soneye, the Chief Corporate Communications Officer, NNPC Ltd, disclosed this in a statement on Wednesday. Soneye said, the Group Chief Executive Officer (GCEO), NNPC Ltd., Mele Kyari, gave the...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has vowed to sanction Oil and Gas deviant producers/operators whose activities constitute a hindrance to the effective implementation of the Nigerian Gas Flare Commercialisation Programme (NGFCP), the country’s climate action plan. Mrs. Laide Shonola, Head, Public Affairs and Communication, NUPRC, disclosed this in...
The Minister of Works, Engr. David Umahi and his counterpart, the Minister of Steel Development, Shuaib Audu have resolved to synergise and strategise in tapping into the opportunities in Ajaokuta Steel Plant for the development of Nigeria's road infrastructure. This was contained in a statement issued by the Chief Press...