‘Ex-Niger Delta agitators, militants failed the region’
Agitations in the 1990s that culminated in the execution of Saro-Wiwa and eight others in November 1995 by the late Sani Abacha military junta triggered political turbulence and other serious repercussions.
Long contract cycles threaten N18tr investment in oil sector
Ibe Kachikwu, has said that the oil and gas sector is significantly hit by a lack of investment coupled with a huge infrastructure gap that requires trillions of naira to close.
UK, China, Togo increase petroleum import from Nigeria
United Kingdom (U.K.), China, and Togo, increased their import of crude oil from Nigeria in the month of May 2017, according to import destination report of the Nigerian National Petroleum Corporation (NNPC).
NNPC, NCDMB re-affirm commitment to strengthen provisions of Content Development Act
The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Content Development and Monitoring Board (NCDMB) have said they will strengthen the provisions of the Nigerian Oil...
NNPC allays fear of scarcity as explosion rocks Apapa jetty
The Guardian gathered that the inferno started around 3: 00 am, when a petroleum-laden vessel was discharging fuel at the jetty, also known as Petroleum Warf Apapa (PWA) jetty. Four persons were reportedly killed.
IoD inducts Akintunji, others as life members
The Institute of Directors, (IoD) has inducted the Managing Director of Clearline International Limited, a Health Management Organisation (HMO), Isaac Akinsefuni Akintunji and two other executive directors as permanent members.
Oil production dips to 1.3mbd over vandalism, says NNPC
An average of 700,000bpd of crude oil was deferred in 2016 due to pipeline sabotage, this brought Nigeria’s production down to as low as 1.3 million barrels per day from 2.2 million barrels targeted for the period.
SW youth groups decry marginalisation of SS, SE in NNPC appointment
The Yoruba Youths Congress (YYC) and the Coalition of Southwest Youths Groups have kicked against the recent appointments of new managers in the Nigeria National Petroleum Corporation (NNPC).