Tuesday, 26th October 2021
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Timipre Sylvia

21 Oct
It is not the best moment at the defunct Department of Petroleum Resources, Petroleum Products Pricing Regulatory Authority and the Petroleum Equalisation Fund as fear, intrigue and tension follow the resumption of new heads ...
29 Aug
In a development akin to a whiff of good fortune in a beleaguered entity, the Nigerian National Petroleum Corporation (NNPC) upturning a 44-year loss-making history with a novel N287b profit has rekindled hope and raised critical questions.....
24 Aug
Despite boasting of a 206 trillion standard cubic feet of gas reserves and topping major countries, Nigeria's per capita consumption of gas is the lowest in the sub-Saharan African region, Ministers of State for Petroleum Resources, Timipre Sylvia has said.
13 Aug
As Shell Petroleum Development Company (SPDC) in Nigeria moves to divest its assets in Nigeria, especially joint venture licenses and interests in 19 Oil Mining Leases...
25 Jun 2020
The Federal Government has said it will continue to enlist the support and collaboration of oil firms and private sector players in the fight against the deadly Coronavirus (COVID-19), and other infectious diseases in the country.
7 Apr 2020
The Oil and Gas Sector largely constitutes the fundamentals of the Nigerian economy, accounting for over 90 per cent of the country’s foreign exchange earnings. Since the discovery of oil in commercial...
24 Mar 2020
The possibilities of having an oil and gas bid round this year appears to be bleak as the coronavirus pandemic continues to affect global economies and foreign investments.
17 Jan 2020
The Federal Government has said that arrangements are being concluded for oil and gas bid round this year. Speaking at a press conference yesterday in Abuja, Minister of State for Petroleum Resources, Timipre Sylvia,
27 Feb 2019
Former Governor of Bayelsa State, Chief Timipre Sylvia, has declared that the protest staged by the Peoples Democratic Party (PDP) to the Independent National Electoral Commission...


1 hour ago
For Nigeria to tackle its perennial foreign exchange (forex) crisis, the need to invest heavily in infrastructure and adopt competitive policies that would attract Foreign Direct Investment ..
1 hour ago
Seven states from the Northwest, yesterday, asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to give it lion share of revenue to state and local governments.
1 hour ago
Ogun State governor, Dapo Abiodun, has urged traditional rulers in the state to be mindful of what they say and the people they honour with chieftaincy titles not to bring the royal institution into disrepute.
1 hour ago
The persistent free-fall of the naira is an indication that none of the interventions being applied by the monetary authorities has worked. Otherwise, there would have been some respite for the beleaguered currency, even minimally.
1 hour ago
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of manufacturing products yesterday investors in the country’s manufacturing value...