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Gbenga Komolafe

3 Feb 2024
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that Oil and Gas assets in Nigeria can only be transferred in accordance with the requirements of the Petroleum Industry Act (PIA 2021). NUPRC said that assets could be transferred in accordance with PIA (where applicable), the Guidelines and Procedures for Obtaining Minister’s Consent to the…
17 Jan 2024
Fresh crises are brewing over Shell’s planned exit from the onshore segment of Nigeria’s oil and gas industry while Nigerian firms scout $4.5 billion to buy out the assets of the company and those of ExxonMobil and Nigerian Agip Oil Company Limited (NAOC).

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10 mins ago
  Manchester United have decided to activate the one-year extension in Harry Maguire's contract, as head coach Ruben Amorim acknowledged the team's urgent need for strong leadership.   The £190,000-a-week deal, originally signed in 2019 when Maguire joined from Leicester City for £80 million, will now keep him at Old Trafford for another season.  …
18 mins ago
The National Library of Nigeria spent a whopping N13 million to produce its budget over the last three years. A Guardian scrutiny of the National Library's budgets from 2022 to 2024 reveals a steady rise in the annual budget administrative costs, from N2 million to N7 million. Notably, the budget documents have remained remarkably concise,…
31 mins ago
Considering the economic hardship in the country, the Conference of Nigeria Political Parties (CNPP) has appealed to the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to grant an extension to the owners of the 762 plots of land revoked in Maitama, Abuja, to pay for their Certificates of Occupancy (CfO). The CNPP, in…
58 mins ago
King Jaja of Opobo in Rivers, Dr Dandeson Douglas Jaja, has encouraged the people of Opobo to come home and invest to enhance its development. Jaja called during the 2025 Opobo International Charity Day, on Thursday in Opobo. According to the King who is also marking his 45 years on the throne, our ecology is…
58 mins ago
The Rivers State All Progressives Congress (APC) has criticised Governor Siminalayi Fubara’s budget presentation, saying it violates the legal processes of the state. Fubara signed the ₦1.188 trillion 2025 budget into law, following its passage by a controversial three-member legislative assembly led by Speaker Victor Oko-Jumbo. The presentation, according to the APC, violates court rulings…
1 hour ago
President Bola Tinubu will undertake a state visit to Enugu State on Saturday, during which he will commission some of the numerous projects executed by the Governor Peter Mbah Administration. This was made known in a statement issued on Friday by the Secretary to the State Government, Prof. Chidiebere Onyia. Onyia said, “The Enugu State…
1 hour ago
The Nigerian Youths for Atiku (NYFA) has urged Dr Rabiu Kwankwaso, the 2023 President Candidate of the New Nigerian People’s Party (NNPP) to stop attacking the reputation of former Vice President Atiku Abubakar. The Director of Communications of NYFA (Nigeria & Diaspora), Mr Dare Dada, made the call in a statement on Friday in Lagos.…
1 hour ago
Wang Yi, Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs is to visit Namibia, the Republic of the Congo, Chad and Nigeria. The Chinese Foreign Ministry Spokesperson Mao Ning disclosed this at a virtual news conference organised by the ministry on Friday in Beijing. According to her, the…
1 hour ago
Barcelona coach Hansi Flick said Friday he was unhappy about potentially losing key midfielder Dani Olmo because of the club's dire financial state, but optimistic the situation would be resolved successfully. The Catalan giants said Tuesday they had asked the Spanish football federation to grant Spanish international Olmo a new license to play, after his…
1 hour ago
Ghana’s outgoing President Nana Akufo-Addo Friday announced visa-free travel for all African passport holders from the start of this year, marking a step towards continental economic integration. The announcement came during his final state of the nation address as he prepares to step down on January 6 after two terms in office. "I am proud…