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Tag: Petroleum
As 2019 approaches, Nigerians must demand for safer ways to transport petroleum products
While we are yet to get over the June 2018 Otedola bridge fire accident, the Abia pipeline explosion occurred recently killing scores of people. The devastating explosion which claimed many…
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Capital Oil boss, Ifeanyi Ubah, released by DSS
The managing director of Capital Oil and Gas Limited, Ifeanyi Ubah has been reportedly released from DSS’s detention. Vanguard reports that he was released yesterday night unconditionally by the DSS…
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[The Presidential Blog] We are keeping this receipt for Minister Kachikwu till 2019
Minister of State for Petroleum Resources, Dr Ibe Kachikwu just went and promised, with no bidding from anyone, that he'll "walk away" from the government if Nigeria has not stopped…
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India has the biggest oil refinery without a drop of oil – Osinbajo
Acting President Yemi Osinbajo on Friday said oil communities were fundamental to the development plans of the current administration. He said while speaking during a stakeholders’ meeting in Yenagoa. He…
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NNPC resumes loading of petroleum products in depots nationwide
The Nigerian National Petroleum Corporation (NNPC) has resumed loading of petroleum products in all its depots in Nigeria. Group General Manager, Group Public Affairs Division, Ndu Ughamadu disclosed this in…
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#ForTheRecord: My father may not have died in vain | Ken Saro-Wiwa Jr on justice for the people of Ogoni
by Ken Saro-Wiwa Jr. Twenty years ago today my father and eight other Ogoni men were woken from their sleep and hanged in a prison yard in southern Nigeria. When the…
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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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Kachikwu reveals FG’s plan to increase oil production
The most recent episode of CNN’s Quest Means Business with Richard Quest brought us an interview with Ibe Kachikwu, Minister of State for Petroleum Resources and Chairman of the Nigerian…
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Opinion: Why Marafa must accept Saraki’s appointment
by Audu O Audu Nigerians who believed in the doggedness of the Senate Unity Forum, SUF, are resolute that the Forum’s Spokesman, Kabiru Marafa should hold the Chairmanship of the…
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FG to PENGASSAN: ‘Be patrotic, suspend your strike’
Following the decision of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) workers to go on strike, the Minister of Labour and Employment, Senator Chris Ngige, on…
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Fuel scarcity looms as PENGASSAN insists on strike action
Despite a proposed meeting with the Minister of Labour and Employment, Chris Ngige, and the Minister of State, Petroleum Resources, Ibe Kachikwu, the leadership of Petroleum and Natural Gas Senior…
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PENGASSAN will shut down oil sector in 7 days except this is done
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has given the government 7 days to call employers of labour in the oil sector to order over what…
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‘Niger Delta militants will continue destroying pipelines until…’ – Kachikwu
The Minister of Petroleum Resources, Ibe Kachikwu has said the effects of the destruction of gas pipelines and oil installations would still be felt in the country in the next…
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Report: Over N1bn already recovered from Diezani’s election largesse
Nigeria has recovered over N1 billion illegally disbursed during the 2015 general elections to some former ministers, Independent National Electoral Commission (INEC) officials, Peoples Democratic Party (PDP) leaders and coordinators of some…
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Breaking: Petrol to now sell for N145 as FG officially removes subsidy
The Federal Government of Nigeria has finally removed the subsidy it placed on premium motor spirit commonly known as petrol. The removal of the subsidy on petrol is with immediate…
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Nigeria to overcome fuel scarcity as marketers get access to forex
It appears that a temporary end to the continued scarcity of petrol across the nation is around the corner. The Independent Petroleum Marketers Association of Nigeria, has declared that access…
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Opinion: Dear Buhari, last time I checked, you’re still the Minster of Petroleum
Your Excellency Sir, I write you this piece not as the president of the Federal Republic of Nigeria, but as the minister of petroleum resources appointed by yourself on the…
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Opinion: Nigerian leaders and the curse of oil boom
From all indications worldwide, the era of the petroleum boom is over. The era started in the opening years of the last century, the years of the great discoveries that…
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Fuel Scarcity: Nigerians are paying for Jonathan’s sins – Lai Mohammed
The Minister of Information and Culture, Lai Mohammed has said that the immediate past government of Goodluck Jonathan, oil marketers and vandals should be blamed for the recurring fuel scarcity…
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World Bank to Buhari: ‘This is the best time to remove fuel subsidy’
President Muhammadu Buhari has been advised by the World Bank to act now if his government is seriously in removing fuel subsidy. The Buhari government had initially intimated Nigerians on its plan to remove fuel…
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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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This is what APC wants you to do about fuel scarcity
As the queues at petrol stations get longer and frustration of Nigerians gets more obvious, the ruling political party of the nation, the All Progressives Congress, has a message to deliver.…
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Atedo Peterside: Tales of the unexpected at NNPC and CBN
by Atedo Peterside Wake up on any day of your choice and accuse NNPC of failing to remit 100% of what is due to the Federation Account and you will…
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Simon Kolawole: ‘Petropathetic’ Syndrome – That’s what Nigeria has been suffering from
by Simon Kolawole Has anything changed today? Have we learnt any lessons? Have we changed our ways? I am sad to report that the petropathetic syndrome has even worsened. You…
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Analysis: The effect of sliding oil prices on Nigeria & the world economy (Part 2)
by Mondiu Jaiyesimi and Victor Ajayi A clear lesson will have been learnt here for businesses and economies heavily reliant on revenues from one of the most volatile commodity prices…
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Analysis: The effect of sliding oil prices on Nigeria & the world economy (Part 1)
by Mondiu Jaiyesimi and Victor Ajayi Oil-producing countries like Nigeria, Venezuela and Russia will bear the brunt of the collapsing prices as they are already facing difficult challenges in sustaining…
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Oando bounces back as second quarter results are released
by Tunji Andrews Oando Plc has just released its full year trading result to the floor of the Nigerian Stock Exchange. The company, which has 905,084,628 units of shares outstanding,…
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Opinion: Dear NNPC, please bring back our refineries
by Solomon Ben Olonade The big question is simple: Should Nigerian refineries translate now from public to private ownership? Most true Nigerians will argue that the right principle for…
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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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Opinion: Blow that whistle on corruption; It is time to wake up
by Integrity Nigeria It is safe to say that if Sanusi had kept silent for fear of persecution because of the absence of a whistleblower protection, $20 billion -N3.2 trillion…
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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
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