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Tag: Oil and Gas
NEITI recommends that NNPC accounts for N5.15trn
The Nigerian Extractive Industries Transparency Initiative (NEITI), on Friday, released its 2015 Oil and Gas Industry Audit Report. One of the most prominent recommendations of the report is that the…
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Out of recession but still hostage to oil
by Alexander O. Onukwue From the figures published on Nigeria’s GDP by the Nigeria Bureau of Statistics, the oil sector was estimated to have averaged at 1.84 million barrels per…
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Price of diesel has crashed by 42% – NNPC
The Nigerian National petroleum Corporation (NNPC) said that diesel price nationwide crashed by 42 per cent due to strategic intervention by the Corporation to sustain supply of the product, NAN…
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The Explainer: We have broken down the fuss being made about the Petroleum Industry Governance Bill
by Mark Amaza Since the start of the Fourth Republic, no bill has been contentious as the Petroleum Industry Bill which was first introduced to the National Assembly in 2000.…
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The “Ikoyi blues”, “cash call-lite”, “gas in Lekki?” edition: Nigerian oil, gas and power round-up (Nov 14-18 2016)
by Adedamola July 11, 1991. Light rain showers and an unusual bustle of traffic in that tree lined part of Ikoyi, Lagos. Even by Ikoyi’s high standards, the congregation of…
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Opinion: Implementing PIB to compliment subsidy removal
By Okoye chike A drowsy air in the nation economy as we continue to chart a way forward in the current dispensation of president Muhammed Buhari. The aroused tension caused…
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110,460; N60 billion… | The 5 numbers that mattered this week
500 The number of former Niger Delta militants who will be given agriculture related skills. 1,600 The number of cases of pipeline vandalism which have occurred so far in 2016,…
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Opinion: There is no concrete action plan for Nigeria’s economy
The Minister of Finance, Mrs. Kemi Adeosun has finally confessed that the Nigerian economy is in recession even though I had argued that the economy was already in recession in…
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Simon Kolawole: Where do we go from here?
If you were a lover of reggae music in the 1970s, you would certainly know “Time Hard”, a hit song by The Pioneers, the Jamaican three-man band. “Every day,” they…
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Ebonyi is growing its IGR faster than others, Kwara is slowest
The Speaker of the House of Representatives, Yakubu Dogara, has stated that the country has to diversify its economy from dependence on oil revenue. Dogara was speaking at the Chattered…
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‘Fayose lied, we didn’t sponsor any party’ – Sahara Energy
Sahara Energy has denied making any donations to the campaign of the All Progressives Congress in the 2015 general elections. Governor Ayodele Fayose had in a statement released on Wednesday…
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Militants to FG: ‘Reclaim oil-rich Bakassi from Cameroon’
Again, another militant group has emerged with demands for the Federal Government. This time, over 600 militants belonging to a group called the Bakassi Strike Force armed with heavy and…
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Azu Ishiekwene: A different view of the Niger Delta crisis
by Azu Ishiekwene What Niger Deltans don’t want to hear is that their own leaders are largely responsible for the problems facing the region. And what the government certainly does not…
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Uzoma Erondu: Understanding the business of power Vs. the power of business (Naira&Kobo)
by Uzoma Erondu With the dire need for a long lasting solution in the power sector in Nigeria, most Nigerians struggle to understand why it takes so long to build a…
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NNPC returns N6 billion | FG suffers $45.90 million revenue loss
The Nigeria National Petroleum Corporation (NNPC) has reportedly refunded the sum of #6.330 billion to the federal government, even as the federal goverment suffered a revenue loss of $45.90 million.…
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Niger Delta Avengers threaten further attacks; warn ex-militants against meddling
Niger Delta Avengers, a faceless group of militant agitators in Nigeria's South-south region have threatened to resume hostilities after a ceasefire agreement facilitated by stakeholders in the region. In a…
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Wike supports Buhari’s move to end…
Rivers state Governor, Nyesom Wike, on Monday, pledged to support the federal government's effort to end militancy in the Niger Delta region. Wike stated this when he hosted the Military…
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Oil marketers reveal how Buhari can end fuel scarcity
Marketers have revealed to the government how to put an end to the snake-like queues for petrol, that Nigerians all across the nation, are currently bedeviled with. The fuel scarcity in the…
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Indigenisation: Beyond the economics
Nigeria began producing oil six decades ago and is now one of the world’s largest oil producers. But up until recently, indigenous participation in the oil industry, particularly the upstream…
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Feature: Chevron GMoU, a CSR initiative worthy of emulation
by Kolapo Olapoju In recent time, the Niger-Delta region of the Nigeria has witnessed a lengthy period of peaceful co-existence with oil companies operating in the region, as opposed to…
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Join others for the Microsoft Mobility Summit Exhibition in Lagos [DETAILS]
by Akan Ido The Microsoft Mobility Summit, an event to introduce tech savvy individuals to the Microsoft mobile-first and cloud-first world will be taking place in Lagos next week.…
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Battle ready: Delta women protest against NPDC camouflage-style (PHOTOS)
by Akan Ido Women from Orogun Oil and Gas Communities in Ethiope East Local Government Area, Delta State recently trooped out to register their displeasure over what it referred to…
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Don’t forget to join the conversation between @AdewaleTinubu and @ToluOgunlesi at 12pm today #askJAT
by Isi Esene Thursday, 31st July 2014 marked the close of the successful completion ofOando Energy Resources’ (OER) acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips. The…
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YNaija Editorial: So, what is the Jonathan government getting right?
This president’s record on security can rightly be graded negative, we are not yet winning the war against Boko Haram and we are failing on securing communities and states and…
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Who woulda thunk it? Manufacturing is now biggest driver of Nigeria’s growth [DETAILS]
by Tunji Andrews An ironic twist in Nigeria’s economic story has presented itself with Renaissance Capital’s report that flags manufacturing as the major driver of economic growth in Nigeria. This…
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Daddy’s (not so) little girl: Billionaire Femi Otedola’s daughter poses with him on the cover of Genevieve (LOOK)
by Akan Ido You don't get to see billionaire oil magnate, Femi Otedola on magazine front covers everyday so this explains our excitement. And he's not alone, the Zenon Oil…
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Frank Onuoha: Nigeria is the largest economy in Africa – why we should care
by Frank Onuoha We made history – I like to think it is for good - by beating the South Africans to the race of becoming Africa's largest economy and…
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Tunde Fagbenle: Oil companies, exploitation and unemployment
by Tunde Fagbenle Okoigun is able to commend the present government of President Jonathan for enacting “the Nigerian Oil and Gas Content Development Law in 2010,” and apparently actively pursuing…
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Music meets oil money: Limpopo master, Kcee pulls over to invest in oil & gas (See Photos)
by Tutu Akinlabi Even musician, Kingsley 'Kcee' Okonkwo, knows that having multiple streams of income is the way to go. The 'Limpopo' master said last year that he was looking…
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Reno Omokri: The APC should stick to issues, not insults
by Reno Omokri The other day, their propaganda machines and media outlets carried the lie that the President went to Kenya with seven Presidential Jets. Meanwhile, one of Kenya's daily…
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The September Standard
- Unlock a Healthier You: Essential Resources for Holistic Well-being
- How Your Diet Could Be Making Your Snoring Worse
- Celebrating Nigerian Trailblazers: Inspiring Women in Fashion
- Silk: Unraveling Threads of Elegance and Innovation
- Grammy Awards 2024 Red Carpet Fashion: Hits and Misses that Stole the Spotlight
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
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