Fuel Importation: Labour Calls For Kachikwu To Resign

Organised labour yesterday called for the resignation of the Minister of State for Petroleum Resources, Dr Ibe Kachukwu, over a statement credited to him that it was cheaper to import refined petroleum products than refine locally. The labour unions including the Nigeria Labour Congress, NLC, and the National Union of Textile, Garment and Tailoring Workers […]

read more

Eket Youths Disrupt Activities At Exxonmobil Airstrip, Housing Estate

Hundreds of youths from Eket Local Government Area of Akwa Ibom Thursday made good their threat by disrupting activities at ExxonMobil facilities located in Eket. Reporters gathered that youths took their demonstration to Mobil airstrips and housing estate facilities of the oil major, The gates at the ExxonMobil airstrips were barricaded with plantain suckers and […]

read more

Taraba Govt Constructs 330KW Hydro Power Plant

Taraba state governor, Darius Ishaku has expressed his administration’s commitment to construct an additional 330 KW power plant at Kakara in Sardauna Local Government Area of the state to boost the operations of Mambilla Beverages Limited. This is coming barely six months after he commissioned a 414 KW hydro power plant constructed for the company […]

read more

Nigeria Eyes 2.8mb/D Of Crude, Says Buhari

President Muhammadu Buhari yesterday said as part of measures to reposition the nation’s oil industry, the government has started the process of reducing production costs and encouraging exploration so as to attain a production level of about 2.8 million barrel per day (mbpd). Represented by Vice President Yemi Osinbajo at the sixth African Petroleum Congress […]

read more

NNPC Audit Reveals $16 Billion Withheld From State

An audit of NNPC’s revenues for 2014 revealed the state-run company withheld about $16 billion in revenues from the government, according to Nigeria’s auditor-general. Samuel Ukura, who presented his findings in a report to lawmakers at the national assembly, said other government ministries and agencies had also failed to remit funds. Ukura’s report stated that […]

read more

Country’s Oil Production Activities Slowing Down

Oil production activities in Nigeria, Africa’s largest oil producer, is slowing down dramatically, as its rig deployment is now six, down from nine as at Friday. Although Nigeria produces just over two million barrels daily, but a lull in economic activities, occasioned by the crash in oil prices, is dampening exploration and production, E&P, activities […]

read more

CBN To Resume Disbursement Of N213bn Power Intervention Fund

The Central Bank of Nigeria (CBN) will resume disbursement of funds in its N213 billion worth Nigerian Electricity Market Stabilisation Facility (NEMSF) to operators –electricity distribution companies (Discos), generation companies (Gencos) and others- in the power sector, the Ministry of Power, Works and Housing has said. A communique of the last meeting held by the […]

read more

Govt Officials Fingered in Oil Theft

Illegal oil activities have cost Nigeria a whopping $16 billion, the Auditor General’s office has revealed. The latest development created a mammoth task for President Muhammadu Buhari in his attempt to fight out the rot in the oil sector, the country’s economic backbone. Nigeria, Africa’s largest economy has over the years experienced massive illegal oil […]

read more

thời trang trẻ emWordpress Themes Total Freetư vấn xây nhàthời trang trẻ emshop giày nữdownload wordpress pluginsmẫu biệt thự đẹpepichouseáo sơ mi nữHouse Design Blog - Interior Design and Architecture Inspiration