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Fuel Scarcity Blamed on Crude Price Increase, Subsidy Removal

Petroleum marketers have attributed the fuel scarcity witnessed in different parts of the country during the Christmas festival to the increase  in the price...

Fuel Crisis: APC – Led Govt Challenged on Lasting Solution

The   ruling All Progressives Congress (APC) has been  told  to find a lasting solution  to the recurring incidence of fuel scarcity be devilling the...

Nigeria Gets OPEC’s Approval from Oil Production Cuts

Nigeria’s exemption from oil production cuts has been approved by the Organisation of Petroleum Exporting Countries (OPEC) and Non-OPEC countries. A statement by the Director,...

NNPC Cautions Motorists against Panic Buying

• Says Jetty Fire Will Not Affect Supply Motorists and other consumers of petroleum products nationwide have been advised against engaging in any form of...

Nigeria Targets 40 b Barrels Oil Reserves by 2020

The Nigerian National Petroleum Corporation (NNPC) moves towards the realization to grow the nation’s crude oil reserves to 40 billion barrels by the year...

At Last ,Senate Passes PIGB Bill

The Nigerian Senate on Thursday finally passed The Petroleum Industry Governance Bill about 17 years of considering the Bill. During the day’s plenary, the bill...

NNPC Set to Resume Oil Prospecting in Lake Chad

The Nigerian National Petroleum Corporation (NNPC) is set to resume oil prospecting in the Lake Chad Basin of Borno state. The Group Managing Director of...

NNPC Moves to Boost Gas Supply by 285% in 2020

The Nigerian National Petroleum Corporation (NNPC) and its partners have evolved a scheme to grow gas supply for domestic consumption by 285% from 1.3billion...

Drop in Oil Prices:IMF Tasks Nigeria to Adjust Fiscal Policies

The International Monetary Fund (IMF) has challenged Nigeria and other African countries to adjust their fiscal policies in line with the continued drop in...

Oil Export Proceeds Down to $171.12m

The total export proceeds of $ 171.12million were recorded in January 2017 as receipt against $175.04 million in December 2016, the Nigerian National Petroleum...

FG Will Not Increase Price of Fuel- NNPC

The Nigerian National Petroleum Corporation, NNPC, has said  that the recent increase in the bridging allowance to tanker drivers  from  N6.20 to  N7.20 was...

Nigerians Need 3m Cooking Gas Cylinders Annually- NCDMB

Nigerians need not less than three million Liquefied Petroleum Gas (LPG) also known as cooking gas cylinders, annually, according to the Nigerian Content Development...
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Nigeria Will Beat IMO 2025 Port Automation Deadline for Member States– NPA MD

The Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello-Koko has expressed  the optimism that Nigeria will achieve its  port automation agenda  and necessary...

Global Maritime Gets Information on Nigeria’s Blue Economy Direction

As Oyetola, NIMASA DG , NPA MD Participate In IMO Gen Assembly, London   The  Minister of Marine and Blue Economy  Adegboyega Oyetola CON who...

Tin Can Customs Hands Over $54,330 Tramadol Bribe Money to EFCC

The Customs Area Controller of Tin Can Island Port Command, Comptroller Dera Nnadi has reiterated the zero compromise for corruption stance of the Comptroller...