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The House of Representatives has called for the immediate suspension of Farouk Ahmed, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), pending investigations into his controversial statements about fuel quality. Motion Sponsored by Hon. Esosa Iyawe The motion, sponsored by Hon. Esosa Iyawe, representing Oredo Federal Constituency,Continue Reading

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-opens up on face-off with NNPCL Africa’s wealthiest man Aliko Dangote man said he is willing to give up ownership of his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited, Premium Times is reporting. The billionaire spoke as a new dispute with one of the key equity partnersContinue Reading

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Stakeholders in the petroleum sector in Akwa Ibom State have clarified on the root cause of fuel scarcity currently being experienced in the state. Read below: PUBLIC NOTICE Setting the record straightNOGASA is the umbrella body for all oil and gas dealers in Nigeria and the bonafide employers of NUPENGContinue Reading

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*It’s a new phase in Nigeria’s Energy Transition Plan– VP Shettima Vice President Kashim Shettima has said Nigeria’s energy transition journey as well as its resolve to embrace clean and renewable energy solutions remains on track under the administration of President Bola Ahmed Tinubu. The Vice President stated this onContinue Reading

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…what local investors stand to gain –Minister PRESS STATEMENT EXECUTIVE ORDER: TINUBU POSITIONS NIGERIA AS PRIME DESTINATION FOR INVESTMENT IN AFRICA’S ENERGY SECTOR In keeping with his dedicated efforts to remove obstacles to investments in Nigeria, harness the nation’s resources and diversify the economy for the benefit of all Nigerians, His Excellency,Continue Reading

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…As Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd.) very high in its latest global assessment. According to a release signed by Olufemi O. Soneye, Chief Corporate Communications Officer of NNPC Ltd., this wasContinue Reading

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… foreigners, Nigerian billionaires fingered The explosion at Ibadan By Bolanle BOLAWOLE turnpot@gmail.com 0705 263 1058 Last Tuesday, an explosion rocked Old Bodija in Ibadan, the Oyo State capital. The panic and stampede that ensued were better imagined than witnessed; so also, the magnitude of destruction and loss suffered. LivesContinue Reading