Energy experts question feasibility of President Tinubu CNG-vehicle directive to MDAs
... Challenge Tinubu to convert Presidential fleet to CNG vehicles "CNG- infrastructure limitations would hinder compliance " - Prof. Iledare "P-CNGi should champion PPP arrangements between MDAs & gas conversion…
Wase-led Reps. House Ad-Hoc Committee to address IPMAN, NNPCL dispute on petrol sharing formula abuses
Oredola Adeola Rt. Hon. Abbas Tajudeen, Speaker of the House of Representatives, has confirmed the appointment of Rt. Hon Ahmed Wase (APC, Plateau) as Chairman of the House Ad-Hoc Committee…
Three vandals bag 6 years imprisonment for damaging IBEDC electrical installations
Oredola Adeola The Federal High Court, Abeokuta Division, has sentenced three(3) vandals to six years behind bars, for unlawfully tampering, disconnecting, and damaging Electrical installations owned by the…
CBN appoints 9 Pre-Shipment Inspection, 2 Monitoring Agents for oil, gas exports
Oredola Adeola The Central Bank of Nigeria (CBN) has confirmed the Federal Government's appointment of Nine (9) Pre-Shipment Inspection Agents (PIAs) effective from May 13, 2024, as part of…
President Tinubu mandates procurement of CNG-Powered vehicles by MDAs
... "We must lead the way to prosperity by example"- Tinubu to public officials Oredola Adeola President Bola Tinubu has directed the mandatory procurement of Compressed Natural Gas (CNG)-powered vehicles…
11 Plc declares N26.56bn profits in FY 2023
... announces N3bn dividend payout "Our 250 filling stations shine as downstream industry benchmark for service, ethical standards" - Oyebanji, MD/CEO said Oredola Adeola 11 Plc (formerly Mobil Oil Nigeria…
NNPC E&P Ltd, NOSL revive oil production in Akwa Ibom’s OML 13 after 29-year hiatus
...hit first oil, extract 6,000 bpd, target 40,000 bpd output by May 24 Oredola Adeola Production activities have recommenced on the Oil Mining Lease (OML) 13, in the Eastern Obolo Local…
NNPC/First E&P JV donates N53.4m to Nigerian NGOs for healthcare, education, others
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint Venture (JV) have donated N53 million to non-governmental organizations (NGOs).…
Nigerian musicians rake in N25bn from spotify streams in 2023
... streaming royalties soar by 127% year-over-year Oredola Adeola This surge in earnings represents a 2,500% rise since 2017, showcasing the substantial growth in revenue for artists…
Nasarawa lithium factory offers Nigeria chance to master processing skills – President Tinubu
Oredola Adeola President Bola Ahmed Tinubu has revealed that the take-off of a Lithium processing factory built in Nasarawa State by a Chinese firm offers Nigeria the opportunities…
