Author: Editor

Mallam Mele Kyari
Business

NNPC warns against ‘padded’ cost of production

Caption: Mele Kyari, Group Managing Director of NNPC   By Olatunde Dodondawa   The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has warned oil companies, both indigenous and international, against padding crude oil cost production in other to remain competitive and also remain in business. Speaking […]

News

Buhari confirms appointment for new TCN management

By Olatunde Dodondawa The new Management Team of the Transmission Company of Nigeria (TCN), comprising the Ag. Managing Director and four Executive Directors have today, 8th of June, 2020, received their letters of appointment from the President of the Federal Republic of Nigeria, Muhammadu Buhari. The new Management Team which […]

News

NLC warns against fuel subsidy removal

By Olatunde Dodondawa There is an indication that the Nigerian Labour Congress may be against fuel subsidy removal as it warns the Petroleum Products Pricing Regulatory Agency (PPPRA) not to remove price cap on premium motor spirit (PMS) otherwise called petrol until domestic refining capacity improves. In a letter signed […]

Energy

Marketers cannot fix pump price of petrol – PPPRA

By Olatunde Dodondawa Petroleum Products Pricing Regulatory Agency (PPPRA) has stated that marketers lack the power to determine the pump price of premium motor spirit (PMS) otherwise called petrol. There were reports that marketers are now free to determine the pump price of petrol due to full deregulation of the […]

Energy

Nine vessels with stolen Nigerian crude oil arrested

Caption: Director/CEO, Department of Petroleum Resources (DPR), Engr. Sarki Auwalu. Nine vessels with stolen Nigerian crude oil have been arrested by the Nigerian Navy in the coast of Niger Delta. The Director/Chief Executive Officer of Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, stated this at an interactive session with […]