Business

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 […]

Business

200 investors set for Nigeria’s 45 gas flare sites

In its efforts to reduce the 320 billion cubic feet of gas (bcf) of gas flared in 2019, the Department of Petroleum Resources (DPR), has announced the short listing of 200 companies to develop 45 gas flare sites across the country under the Nigeria Gas Flare Commercialisation Programme (NGFCP). Speaking […]

Business

Pipeline explosion: NNPC GMD decries spate of vandalism

Olatunde Dodondawa, Lagos The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has decried the spate of pipeline vandalism across the country and urged the residents to any suspicious activities of anyone to the appropriate authority. Speaking during an on-site inspection of the site […]

Business

FG assures NIgerians of stable power supply during yuletide

Olatunde Dodondawa, Lagos The Federal Government has assured Nigerians of improved and stable power supply during and after the yuletide by working assiduously to ensure stable electricity supply in the country. The Minister of State for Power, Goddy Jedy-Agba, stated this during a tour of facilities at the Azura Power […]

Business

We must not cancel power sector privatization – TCN MD

We must not cancel power sector privatization – TCN MD Olatunde Dodondawa, Lagos The Managing Director of Transmission Company of Nigeria (TCN), Mr. Mohammed Gur, has advised that power sector privatization must not be cancelled rather recapitalization of the electricity distribution companies (discos) should be prioritized for the power sector […]

Business

Eko Disco partners NGO on school feeding programme

  By Olatunde Dodondawa The management of Eko Electricity Distribution Company (EKEDC) has partnered a non-governmental organization (NGO) called ‘Food for Thought’ on school feeding programme for primary school pupils. The company stated in a stated signed by Sulaimon Aledeh, Head of Media Relations, EKEDC, that the partnership is in […]

Business

Ikeja Electric inducts 32 graduates into Young Engineers Programme scheme

By Olatunde Dodondawa As part of its efforts aimed at developing human capacity through training, Ikeja Electric inducted 32 graduates into its ‘Young Engineers Programme’ scheme which is a 12-month classroom and hands-on training. Speaking at the induction ceremony on Thursday, the Chief Human Resources and Administration Officer, Henry Ajibola, […]