The Minister of State for Petroleum, Ibe Kachikwu has said the Federal Government will revamp the country’s refineries in 2017. He said this while highlighting the plans of the petroleum ministry for 2017. Kachikwu said the government will pass the Petroleum Industry Bill and accelerate revenue generation by looking into areas the government could make... Read More

Ibe Kachikwu, oil blocks, Refineries, Revamp

November 1, 2016

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The Late 5: These are the stories that drove conversation today

These are the top five stories you should be monitoring today. 1. You are free to leave Nigeria if you have another country – Buhari President Muhammadu Buhari on Tuesday said any Nigerian who wants to leave the country is free to do so. Buhari made the declaration when he received Niger Delta leaders. 2. Niger Delta... Read More

The News Blog

Muhammadu Buhari, Niger Delta elders, oil blocks, The Big 5

July 22, 2016

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House of Reps set to revoke licences of ‘illegal’ oil block owners

The House of Representatives has said it would revoke licenses of some oil block operators who ‘dubiously’ obtained their licenses. The House of Representatives Ad hoc Committee on Oil Prospecting License and Oil Exploration led by Hon. Gideon Wani said this on Friday when the committee visited Belemaoil Producing Limited. Wani also said the committe... Read More

The News Blog

Gideon Wani, House of Representatives Ad hoc Committee on Oil Prospecting License and Oil Exploration, House of Reps, oil blocks

August 26, 2015

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‘Northerners own 83% of oil blocks in Nigeria’

Chairman of the Senate Committee on Business and Rules, Senator Ita Enang, revealed on Wednesday, that 83% of oil blocks in the country are owned by Northerners. Enang, who represents Akwa Ibom North-East (Uyo) Senatorial District, stated this on the floor of the Senate during a debate on the Petroleum Industry Bill. He said: “There should... Read More

The News Blog

nigeria, Northerners, oil blocks

March 7, 2013

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REVEALED: “83 per cent of oil blocks in Nigeria are owned by Northerners” – Senator (then he names names)

by Rachel Ogbu 83 per cent of oil blocks in the country are owned by Northerners, it has been revealed. Senator Ita Enang, on Wednesday made the revelation as the debate on the Petroleum Industry Bill rages on. “There should be equity and federal character in the allocation of oil blocks in this country. Eighty-three... Read More

oil block licenses, oil blocks, petroleum industry bill

FG will revamp refineries, allocate oil blocks in 2017 – Kachikwu

The Late 5: These are the stories that drove conversation today

House of Reps set to revoke licences of ‘illegal’ oil block owners

‘Northerners own 83% of oil blocks in Nigeria’

REVEALED: “83 per cent of oil blocks in Nigeria are owned by Northerners” – Senator (then he names names)

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