The Newly appointed Minister of Works, Senator David Umahi has said that he would not want any Federal Government owned project to run beyond two years so its funding could be captured in the first 2 years of budgeting. Umahi announced the development on Tuesday, August 22, 2023, at his first...
The newly sworn-in Minister of Works, Senator David Umahi, upon his assumption of office, has pledged to challenge his fellow engineers on the issue of concrete technology even amid the forex challenge and petroleum crises. Director (Information) Press & Public Relations Unit of the Ministry, Lere-Adams Blessing disclosed this in...
Dangote Cement Plc, Obajana Plant, Kogi State, has commenced the training of youth in technical skills under the tutelage of technical units of Dangote Cement Transport, Obajana. The company in a statement said, the training which was part of its commitment to Corporate Social Responsibility (CSR), had the participating youth...
Data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has shown that Nigeria’s average daily consumption of Premium Motor Spirit (PMS) popularly called ‘petrol’ has dropped to 52 million litres in July as against the national consumption figure of 64,964,000 that was recorded on the 30th...
President Bola Tinubu has approved the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI) to ease the impact of fuel subsidy removal on Nigerians. Special Adviser to Tinubu on Media & Publicity, Ajuri Ngelale in a statement on Friday, said the initiative was aimed at reducing the energy costs...
Benoit Joseph Batieno was born and raised in a modest Burkinabe family whose patriarch was a soldier. As the son of a soldier, it is expected that he would have been at the forefront in a conventional battlefield, leading a revolution to keep the territorial sovereignty of Burkina Faso at...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said, it has delivered 3,614,936 barrels of crude to three local refineries between September 2021 and May 2023. A statement issued by the management of NUPRC in Abuja on Thursday indicated that only refineries that comply with the relevant requirements of Section 109...
Renowned Capital Market Professor, Uche Uwaleke has said that the $3 billion Emergency Crude Oil Repayment Loan secured by the Nigeria National Petroleum Company (NNPC) Limited would not only make the company unattractive but has created erroneous impression of insolvency on the Central Bank of Nigeria (NNPC). NNPCL said, the...
Seplat Energy has confirmed one person dead, three missing, and 92 safe out of the 96 crew members on the Depthwise swamp drilling rig "Majestic" that capsized in the early hours of today. Seplat Chief Executive Officer, Mr. Roger Brown confirmed the incident in a statement on Tuesday, August 15,...
Nigeria requires an estimated $ 20 billion annually to bridge gas infrastructural gap in the country if it must achieve the desired gas expansion. The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Orji Ogboonya Orji disclosed this during the Decade of Gas Action Plan Dialogue organised in Collaboration...