Tag: Petroleum

YNaija reviews the performance of federal ministries in 2013 (Vol 1)

by Mark Amaza It is common knowledge that the Nigerian government is a very large one, with 28 ministries and parastatals, agencies and commissions that altogether total about 500. There…

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CSR-in-Action promotes transparency and effective policy implementation within the Nigerian Extractive Industries

by Akintomiwa Agbaje   In a bid to sustainably promote unity through collaborative action, accountability and transparency within the extractive industries, CSR-in-Action in partnership with Business Day Newspapers, is pleased…

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I only got N39 billion from Malabu oil deal – Ex-minister, Dan Etete tells court (Report)

In a desperate attempt to muddle-up facts, convicted felon, Dan Etete, has told a British High Court that he is not the owner of Malabu Oil and Gas and thus…

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Olusegun Adeniyi: The powerful forces against the PIB

by Olusegun Adeniyi The problem, however, is that after 12 years spanning three different administrations, there are powerful forces now bent on scuttling the passage of the bill which has…

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Opinion: N65… N141… N97… N250: Can we deregulate this sector already?

by 'Yemi Adamolekun   While the removal of the subsidy was the trigger, most Nigerians were clear that our concerns were around the cost of government; the waste in government…

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Senate frowns at NNPC report

by Emmanuel Okubenji The Senate Committee on Petroleum (Downstream) is unhappy at the Nigerian National Petroleum Corporation (NNPC) sales report of refined products. Committee Chairman, Senator Magnus Abe, said that…

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YNaija reviews the performance of federal ministries in 2012 (Vol. 2)

by Joachim MacEbong This is the second and concluding part of the review of federal ministries in 2012. You can check through the first part HERE. Mines and Steel: We…

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YNaija reviews the performance of federal ministries in 2012

by Joachim MacEbong Much has been said about the size of government and the cost of governance at every level, and many continue to wonder if Nigeria gets value for…

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TICKER: How oil spills have damaged the Niger Delta

They were still recovering from the damaging effects of one, when another struck. It has been a string of woes for the coastal communities. For the people of Ibeno, Akwa…

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Talk about Ribadu Report is “ignorant carping”, “malicious tittle-tattle”, “putrefacious stench” – Abati

by Reuben Abati It is so unfortunate that there has been so much ignorant carping and malicious tittle-tattling about the report of the Petroleum Revenue Task Force chaired by Malam…

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“Count me out of the 2015 presidential elections” – Gov. Amaechi

by Isi Esene Anyone who is interested in contesting the 2015 presidential elections does not have to fear locking horns with Rivers State governor, Rotimi Amaechi, because the governor has…

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“I am one of those praying for Nigeria’s oil to dry up” – Oby Ezekwesili

by Isi Esene Oby Ezekwesili, the former World Bank vice-president for Africa, over the weekend said she prays for Nigeria's oil and gas resources to dry up soon so that…

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TICKER: Why Nuhu Ribadu wept for Nigeria yesterday

Nuhu Ribadu, former Presidential Candidate of the Action Congress of Nigeria(ACN) in the last Presidential election, on  Friday wept openly at the Presidential Villa.   Ribadu who was speaking with…

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Japheth Omojuwa: Nigeria, what you don’t know can kill you (YNaija FrontPage)

Serious countries are looking for alternatives while Nigeria continues to argue about the bench mark prize for its petrol for next year. Last Thursday, China received 152 bids from 83…

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There is no cover-up on Ribadu Report – Abati

by Hauwa Gambo The Presidency yesterday denied suggestions that it was forced to direct that the report of Mallam Nuhu Ribadu's Petroleum Revenue Special Task Force be submitted on Friday…

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Japheth Omojuwa: The US, Nigeria’s oil and signs of the last days (YNaija Frontpage)

  It is good news for the world, it is a disaster for oil dependent mono-economies. A country cannot be more dependent on one source of income like Nigeria is…

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#InCaseYouMissedIt: “What is Jonathan’s obsession with bottled water and comedians?” – Soyinka blasts GEJ

Nobel Laureate, Professor Wole Soyinka Friday reacted angrily to claims by President Goodluck Jonathan on Tuesday that the protest in Lagos early this year against fuel subsidy removal was sponsored,…

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Planned strike: “NUPENG is anti-Nigerians” – Okonjo-Iweala

by Isi Esene The co-ordinating minister for the Economy and minister of Finance, Dr. Ngozi Okonjo-Iweala has described the planned nationwide strike by members of the National Union of Petroleum…

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Oil vessel burst into flames at Abuloma waterfront

by Isi Esene The Federal Road Safety Commission (FRSC) Rivers State Sector Commander, Dr. Kayode Olagunju confirmed to newsmen that an oil vessel yesterday exploded at Abuloma waterfront in Trans…

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#InCaseYouMissedIt: Hello Nigeria, how do you like your fuel, imported from Niger?

by Isi Esene The rumour going the rounds that Nigeria has started importing refined fuel from it northern neighbour, Niger, has been found to be true. This was confirmed by…

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“Working Perfectly Well”: NNPC says it has revived 3 refineries – Good news?

by Lekan Olanrewaju The Group Executive Director (GED), Refining and Petrochemical of Nigerian National Petroleum Corporation (NNPC), Philip Chukwu, in Kaduna, on Tuesday, announced that the three refineries in Warri, Port…

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#InCaseYouMissedIt: PENGASSAN threatens warning strike

by Lekan Olanrewaju The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has threatened to embark on a three-day warning strike from April 16. The body, in a…

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Chevron: Rig catches fire off Nigeria’s delta

(AP)  LAGOS, Nigeria — An offshore rig exploring possible oil and gas fields off Nigeria's coast for Chevron Corp. caught fire Monday, and the oil company said officials were still…

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PENGASSAN Explains

In this statement released by Babatunde Ogun, President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) reflects on the union's role in the national strikes against the…

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