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Nigerian Oil Sector

8 Oct
Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has categorically denied reports that he directed the Nigerian National Petroleum Company Limited (NNPCL) to cease running its own refineries. In a statement released on Tuesday, Lokpobiri clarified that the claims, which stemmed from comments made by the Director of Upstream Ministry of Petroleum, Kamoru Busari,…
The Conference of Nigerian Political Parties (CNPP) has urged the FG to resolve the fuel pricing controversy between NNPCL and Dangote Refinery now
17 Sep
The Nigerian National Petroleum Company Limited (NNPCL) has called on the media to adhere to strict fact-checking standards in their coverage of the nation's oil and gas sector. This appeal was made during a media parley on Friday, 13 September 2024, at Effurun in Uvwie, Delta State, where journalists from both print and digital platforms…
12 Aug
As the Group Managing Director of the Nigeria National Petroleum Commission Limited (NNPCL), Mele Kyari has been a beacon of transparency and accountability. His scorecard is impressive, and his efforts have not gone unnoticed. However, with great success comes great envy, and Kyari is now facing opposition from forces of evil who seek to tarnish…
Members of the House of Reps want the re-activstion of the price control board
6 Aug
The Ethnic Youth Leaders’ Forum (EYLF) has strongly condemned the dissolution of the House of Representatives ad-hoc Joint Downstream and Midstream Committee, which was investigating the Nigerian oil sector. The Speaker of the House, Rt. Hon. Tajudeen Abbas, announced the dissolution abruptly and without explanation, raising concerns about the integrity of the House’s actions. In…
The Conference of Nigerian Political Parties (CNPP) has urged the FG to resolve the fuel pricing controversy between NNPCL and Dangote Refinery now
31 Jul
The House of Representatives has instructed the Nigerian National Petroleum Corporation Limited (NNPCL) to halt any further mortgaging of future crude oil assets until an ongoing forensic audit of its operations is completed. This directive was issued by the Special Joint Committee of Downstream and Midstream Petroleum Resources, chaired by Hon. Ikenga Ugochinyere. The committee…
28 Jul
The Energy Transparency Initiative (ETI) has expressed dismay over recent statements made by Deputy Spokesman of the Federal House of Representatives, Philip Agbese, regarding the Nigerian National Petroleum Corporation Limited (NNPCL) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In a statement by its convener, Ganzallo Gbenga, and programme officer, Chinelo Ochiaga, the…
3 Jun 2024
A coalition of Civil Society Organizations has commended Gbenga Komolafe, the chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for his transparency, efficiency and developmental strides in the growth of the Nigeria’s oil sector. The coalition include, Rising-Up for a United Nigeria; National Coordinator, Guardians of Democracy and Development Initiative; Rural Empowerment…

Latest

2 mins ago
The Yobe State Governor, Mai Mala Buni, has assented to a bill for the establishment of a Commission for people with disabilities (PWDs) in Yobe State. According to him, the takeoff of the Commission will cater to the welfare of PWDs and allow them to contribute their quotas to the development process in communities. The…
7 mins ago
  Chairman, Silicon Valley Nigeria Economic Development Incorporated (SV-NED Inc.), Ambassador Amina Temitope Labinjo-Ajayi, has said the partnership between SV-NED and the National Youth Service Corps (NYSC) will boost skills development and job creation in Nigeria, especially among youths. According to her, the partnership will identify, nurture, and harness the talents and skills of youths,…
13 mins ago
  Donald Trump was set to cap a historic political comeback on Monday as Congress certifies his election victory, in a remarkable turn from four years ago, when a mob he had summoned to Washington ransacked the US Capitol. The president-elect spent much of his campaign facing prosecution over the 2021 insurrection, when his supporters…
21 mins ago
Eyewitnesses have reported a deadly explosion at Islamiyyah school in the Kuchibiyu Community of Bwari Area Council, Abuja. They told newsmen that the incident occured on Monday, killing a student and leaving many others injured. According to one of them, the area was thrown into pandemonium following the explosion. He said the students had just…
21 mins ago
Canada's Prime Minister Justin Trudeau announced his resignation on Monday, saying he will leave office as soon as the ruling Liberal party chooses a new leader after months of slumping polls and internal division. "I intend to resign as party leader, as prime minister, after the party selects its next leader," Trudeau, who has been…
32 mins ago
Police operatives in the Federal Capital Territory (FCT) have swooped on suspected thieves who vandalise Abuja manholes and street lights.
33 mins ago
Lagos, Nigeria, was a haven for music enthusiasts as it hosted a sensational four-day music festival. Nestled against the backdrop of its vibrant nightlife and rich cultural scene, Flytime Fest was a massive success, drawing 30,000 fans to its sold-out venue from December 22 to 25, with Gunna, Olamide, Davido, and Ayra Starr serving as…
40 mins ago
  The management of technology firm, Zinox Technologies Limited, has demanded a public apology from renowned human rights lawyer and Senior Advocate of Nigeria (SAN), Mr Femi Falana, over alleged defamation and reputational injury inflicted on the company and its representatives. The firm, in a statement by its management, said the injury was inflicted on…
53 mins ago
  The Senate Deputy Chief Whip and Senator Representing Ebonyi North, Sen. Onyekachi Nwebonyi, on Sunday, said that the Tax Reform Bills are the best policy President Bola Tinubu has taken since he became the president, noting that the Bills, when passed, will reposition the country economically. Speaking to journalists after the thanksgiving service and…
55 mins ago
Four young Kenyan men who disappeared last month in a spate of abductions targeting government critics were freed on Monday,