Nigerian Content in oil, gas reaches 54% in 2023, NCDMB targets 70% by 2027 – Engr. Ogbe, ES
... lists gains of NOGIDC Act, charges Namibia to prioritise local content Oredola Adeola Engr. Felix Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) announced that…
Edo State becomes 6th state to gain authority for state-level electricity market oversight, effective August 21, 2024
... transfer of assets, liabilities, other relevant contractual rights to be completed by 20 February 2025 Oredola Adeola The Nigerian Electricity Regulatory Commission (“NERC” or the “Commission”) has issued…
Nigerian Navy dismantles illegal refinery in Rivers State capable of producing 2m litres of Diesel per day
... says illegal refiners use drums for refining stolen crude, gaining tactical advantage with easy dismantling Oredola Adeola The Nigerian Navy Ship PATHFINDER has dismantled a large-scale illegal crude…
First petrol delivery from Dangote Refinery expected in September- FG confirms
... reveals crude oil sales in Naira to Dangote, other domestic consumers begin October 1, 2024 Thelma Tokunbo The Federal Government has announced that the first Premium Motor…
Tinubu’s SSA Digital Economy, Engr. Adighije, appointed as new MD/CEO of NDPHC
... as Chiedu Ugbo bows out after two terms as MD Oredola Adeola President Bola Tinubu has appointed Engineer Jennifer Adighije, formerly the Senior Special Assistant on Entrepreneurship Development…
TCN energizes 25 transmission transformers, boosts capacity to 2150 MVA between January, June 2024 – Engr. Abdulaziz, TCN MD
... attributes Federal Ministry of Finance's failure to pay counterpart funding for delays in implementing donor-funded projects ... grapples with N600bn in liabilities in ground rent payments to state governments…
AFS: NNPC Limited reports N700bn (28%) increase in 2023 Net Profit to N3.248 trillion
... denies subsidy payment, says it was only taking care of PMS importation shortfall ... cites distribution, logistics challenges as causes of fuel scarcity in Lagos, Abuja Oredola Adeola The…
Matrix Energy Group reaffirms commitment to quality, integrity amidst dirty petrol import allegations
... we did not discharge 200,000 metric tons of PMS into our facility in July 2024 - Akinola, Matrix Spokersperson Oredola Adeola Matrix Energy Group has asserted that its imported…
NNPC Ltd is not owing $6.8bn – Soneye responds to critics
.. refutes claims of non-remittance, affirms regular tax payments to Federation Account Thelma Tokunbo The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted a media report claiming that the…
Presidential Jets Seizure: Zhongfu firm is an imposter, it’s Chinese against Chinese- Senator Ibikunle Amosun explains his part
... urges FG to handle Zhongfu International Investment FXE with same rigor as P&ID case Oredola Adeola Senator lbikunle Amosun, former Governor of Ogun State has expressed commitment to work…