…as 10,000 marketers quit in 45 days The oil markets have addressed a letter to the President, dated October 21, in which they are requesting a grant of N100 billion to assist in preventing the closure of impacted 10,000 marketers’ businesses in the coming weeks. Dr. Joseph Obele, the NationalContinue Reading
…see list of benefitting firms In a groundbreaking move, the Federal Government, through the Midstream and Downstream Gas Infrastructure Fund (MDGIF), has approved the investment of N122 billion in six indigenous companies, marking a significant milestone in Nigeria’s quest for energy security and gas infrastructure development. Minister of State PetroleumContinue Reading
…policy makers may have gone mad By Aniekan Udofia The current fuel crisis in Nigeria has assumed a proportion never imagined in the history of Nigeria, borne out of one of the most reckless inauguration address, “Fuel subsidy is gone” by the President of the most populous black nation. NotContinue Reading
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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