Olatunde Dodondawa, Lagos The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has assured of adequate petroleum products supply in Lagos and its environs despite a fire outbreak which occurred in the wee hours of Wednesday from a portion of the vandalised NNPC pipeline at […]
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China sparked an economic miracle — now there’s a fight over its legacy
WhenVictor Gao was growing up in rural China in 1970s, cars and trucks were so rare he would chase them with the other children through the dirt roads, overjoyed by the strange sight. Today,China is the world’s largest automobile manufacturer, with more than double the capacity of the United States. […]
Court restrains LADOL from ejecting Samsung Heavy Industries
A Lagos State High Court sitting in Igbosere has granted aninterlocutory injunction restraining Global Resources ManagementLimited and LADOL from ejecting Samsung Heavy Industries Nigeria(SHIN) Limited and its subsidiary, SHI-MCI FZE, from the LADOL freezone in Lagos, pending the delivery of the judgment to the substantivesuit on January 25, 2018. A […]
WAPCo invests over N400m in youth empowerment scheme
= West African Gas Pipeline Company (WAPCo) said it has invested over N 400million in youth development scheme within its host communities to boost capacity development. Speaking at a handover ceremony of kits to beneficiaries, on Tuesday in Lagos, Mrs Harriet Wereko-Brobby, the General Manager, Corporate Affairs, WAPCo, stated that […]
NNPC warns Nigerians against panic buying
The Nigerian National Petroleum Corporation (NNPC) has assured petroleum products consumers across the country not to engage in panic buying as it holds 2.6billion litresof Premium Motor Spirit otherwise called petrol and 90,000 metric tonnes of Dual Purpose Kerosene (Kerosene), saying the holding is expected to last 52 days, assuming […]
FG pursues 30% renewable in energy mix through NEP
By Olatunde Dodondawa Federal Government is pursuing its 30 per cent target of renewables in energy mix through the Rural Electrification Agency’s (REA) Nigeria Electrification Project (NEP). Presently, Nigeria’s energy mix stands at grid power of gas-fired power (85 per cent), hydropower (13 per cent) while renewable 2 per cent. […]
40bbls target in reserve by year 2020 not feasible – NAPE boss
The President of Nigerian Association of Petroleum Explorationists (NAPE), Dr. Andrew Ejayeriese, has stated that claims by the federal government to achieve 40 billion barrels in reserves by the year 2020 are not feasible. The Federal Government, through the Nigeria National Petroleum Corporation (NNPC), announced an outlook for 2018 to increase crude oil reserve by […]
NAEC August Conference 2018
Nigeria Association of Energy Correspondents (NAEC) held her annual conference in August, at the Eko Hotel & Suites, Lagos.
Buhari meets APC senators over party crisis
President Muhammadu Buhari on Monday evening met with some senators elected on the platform of the ruling All Progressives Congress. The meeting was part of ongoing efforts by the President to resolve the crisis that followed the primary elections of the party across the country. The meeting was held inside […]
We can’t meet ASUU’s demands now – FG
The Federal Government has appealed to the striking members of the Academic Staff Union of Universities to exercise restraint in their demands from the government. The Minister of Education, Adamu Adamu, said at a press conference in Abuja on Monday night ASUU’s problems with the government began during the Umaru […]