JULIET ALOHAN who just returned from the 20th World Petroleum Congress in Doha, Qatar, takes a look at Nigeria’s outing at the conference and examines the possibility of achieving its set targets of becoming a huge exporter of refined produ...
To an observer, it would seem that the NNPC mega station along Argungu Road, Birnin Kebbi, Kebbi State has been taken over by shylock kerosene dealers. Kebbi State, like any other in the country, is supplied with the commodity for the benefit of ...
The Federal Government yesterday disclosed its desire to become the world’s largest producer of Liquefied Natural Gas (LNG) by increasing production capacity from the current levels by five times. The government’s intention, according to th...
Nigeria National Petroleum Corporation (NNPC) says gas flare in the country has reduced significantly and stands at 19.54 per cent. The development was attributed to increased utilisation of gas for power generation, export and industrial applications....
The Governor of Central Bank of Nigeria, (CBN), Mallam Lamido Sanusi says the government has sold a whooping sum of $8 billion to oil marketers for the importation of petroleum product in 2011 alone adding that the economic implicatio...
Minister of Power, Prof. Bart Nnaji, has given a one-week ultimatum to Mabon Limited, the contractor handling the Dadinkowa Dam in Gombe State, a project conceived over 30 years ago, to prove its capability or have the contract terminated. The minister...
Stakeholders in the country’s power industry have appraised issues of standardisation in the sector and concluded that there is need for products and services to conform to international standard to rid the industry of substandard electricity pow...
The complex interplay between the demand for petroleum products, especially kerosene and their availability to consumers has remained a problem in the country manifesting itself in scarcity, high price and adulteration which often result in explosion a...
There is no doubt that dubious officials have taken advantage of the electricity power crises and failure in Nigeria to engage in large-scale corruption. GEORGE OKOJIE examines how the antics of greedy officials of the Power Holding Company of Nigeria ...
Recently, the Nigerian Communications Commission (NCC) in a public statement warned MTN, Globacom and Airtel that it would stop them from selling Subscriber Identification Module (SIM) cards by the end of this month if they fail to improve the quality ...
Minister of Power, Prof. Bart Nnaji, yesterday issued “a second and final warning” to the management of the Power Holding Company of Nigeria (PHCN) and its 18 successor companies to pay their workers the enhanced salary package negotiated b...
Contrary to claims by Power Holding Company Of Nigeria (PHCN) that electricity supply and its billing system have improved, facts on ground indicate that a consumers are being ripped –off by the company.LEADERSHIP investigations revealed that som...
The Nigerian Electricity Regulatory Commission (NERC) has remitted N360 million to the Federal Inland Revenue Service (FIRS) as value added and withholding taxes collected on behalf of the Service between 2006 and 2010. The Chairman, Dr Sam Amadi discl...
The Managing Director and Chief Executive Officer of Oil and Gas Free Zone Authority, Dr. Noble Abe, has identified technical inefficiency as the major reason for premium motor spirit (PMS) or petrol importation in the country and advised the federal g...
Bowleven , a West African oil and gas group, based in Edinburgh and traded on AIM since December 2004 has announced the discovery of oil at the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon.Chief Executive, Kevin Hart,...