NMDPRA
3 Aug 2024
The move by some members of the House of Representatives who faulted calls for the removal of the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari
2 Aug 2024
Some members of the House of Representatives have rallied support for the Group Chief Executive Officer, Nigerian National Petroleum Company Ltd, (NNPCL), Mr Mele Kyari over the committee’s ongoing probe of the firm. The group advised the investigative panel to remain neutral in the probe of Kyari and the Chief Executive officer, Nigeria Midstream and…
31 Jul 2024
In its truest sense, the economic concept of capitalism is the rational functionality of basic laws of demand and supply to determine the prices, and consequential allocation of goods and services, in free markets, with the overriding objective of profit maximisation.
29 Jul 2024
The Energy Transparency Initiative (ETI) has refuted claims that Rep. Philip Agbase, the Deputy Spokesperson of the House of Representatives, has assumed the role of an advocate for the Dangote Refinery. The allegation was made in a statement by one Mr Ganzallo Gbenga, who was said to be the convener of ETI, and the programme…
29 Jul 2024
Hon. Peter Aniekwe, representing Anambra East and West federal constituency in the House of Representatives, has issued a stern warning to the Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to cease spreading false claims against the Dangote Refinery and Petrochemicals Company. In a statement issued in…
29 Jul 2024
The Energy Transparency Initiative (ETI) has disassociated itself from statements made by individuals falsely claiming to represent the group, criticising Hon. Philip Agbese, the Deputy Spokesperson of the Federal House of Representatives. In a joint statement, ETI's President and Secretary, Francis Nedu and Ismaila Bello, claimed that the individuals behind the statement had been expelled…
28 Jul 2024
The Arewa Youth Assembly (AYA) has called on billionaire businessman Aliko Dangote to respect and adhere to the regulations set by the Nigerian National Petroleum Company (NNPC) Limited, emphasising that the NNPC, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have long been established as the…
28 Jul 2024
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…
27 Jul 2024
The Energy Transparency Initiative (ETI) has expressed dismay over the recent statements made by the Deputy Spokesman of the Federal House of Representatives, Phillips Agbese, concerning the Nigerian National Petroleum Corporation Limited (NNPCL) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The group in a statement by its convener, Ganzallo Gbenga, and programme…
26 Jul 2024
Amid the ongoing faceoff between Chairman of Dangote Group, Aliko Dangote, and regulators of the country’s oil and gas sector, Nigeria’s petroleum products import from Malta has surged 43 folds and increased by 342 per cent in 2023 to $2.08 billion.
26 Jul 2024
In the wake of growing tensions within Nigeria's oil sector, local oil traders and marketers are calling on Dangote Refinery to implement a more equitable business model that ensures a level playing field for all market participants. This plea comes amid accusations of market monopoly and preferential treatment for foreign buyers. READ MORE: Senate wades…
25 Jul 2024
The accusations, counteraccusations and rebuttals in the oil and gas business today began on Wednesday, June 12, 2024. This was during the Afreximbank Annual Meetings and AfriCarribean Trade and Investment Forum in Nassau, The Bahamas. It was there, far away in a foreign land, that Aliko Dangote , the Chief Executive Officer of Dangote Group,…
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56 mins ago
The Action Peoples Party (APP) has praised the Rivers State Independent Electoral Commission (RSIEC) for initiating the process for the state’s Local Government Elections. RSIEC Chairman, Justice Adolphus Enebeli, in a letter to political party leaders, traditional rulers, security agencies, and other stakeholders, invited them to a general meeting on Wednesday, March 5, 2025, at…
1 hour ago
The Osun State chapter of the All Progressives Congress (APC) on Tuesday chided Governor Ademola Adeleke for visiting former state governor and ex-national chairman of the APC, Chief Bisi Akande, saying his bid to crave a soft landing regarding the prevailing logjam on the reinstated council chairmen and councillors in the state will fail. The…
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The House of Representatives on Tuesday passed through the second reading a bill seeking the amendment of the Federal Polytechnic Act. Sponsored by Speaker Tajudeen Abbas and Lagos lawmaker, Fuad Laguda, the bill seeks to amend the Federal Polytechnics Act, Cap 17, Laws of the Federation of Nigeria 2004, to expand the roles and responsibilities…
1 hour ago
The elected 2015 Local Government Council Chairmen, Vice Chairmen, and Councilors in Rivers State have declared themselves the rightful occupants of the vacant Local Government Council seats. This declaration comes on the heels of a recent Court of Appeal ruling, which set aside the July 9, 2015 judgment of the Federal High Court nullifying the…
1 hour ago
In response to the recommendation of the committee of inquiry over the breach of peace during #EndBadGovernance, the Kano State Government has constituted a six-member committee to draft a white paper. The white paper draft is expected to outline the final disciplinary action against culprits of wanton destruction and punitive measures to prevent the…
1 hour ago
The federal government may be considering shutting down the General Aviation Terminal (GAT) of the Nnamdi Azikiwe International Airport, Abuja, following reports that the VIP section of the airport has become a hub for money laundering and drug and human trafficking, among other criminal activities in the country. The Guardian reports that the GAT is…
1 hour ago
The Abia State Working Committee (SWC) of the Peoples Democratic Party (PDP) yesterday (Tuesday), during a meeting at its Umuahia State Head Office, announced to journalists that it has expelled the former Senate President, Chief Adolphus Wabara, who is also the Chairman of the PDP Board of Trustees (BoT), from the party membership with immediate…
1 hour ago
There are indications that the Central Bank of Nigeria (CBN) may appoint 16 new directors soon. It was gathered that the appointments may have received the go-ahead from the board of the apex bank. Those on the list include Abdullahi Hamisu, who is designated to man the Banking Services Department, while Ojomu Adenike Olubunmi is…
1 hour ago
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that three oil companies owe the Federal Government $5.5 million in outstanding payments. The three oil companies are Chorus Energy, Dubril Oil Company Limited, and Belema Oil. This was disclosed by the representative of NUPRC, Balarabe Haruna, during the ongoing investigation by the House of Representatives…