The Dodondawa Post…pen is mightier
Saturday, October 5, 2024
By Olatunde Dodondawa The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that Nigeria lost at least $16 billion in 10 years due to non-review of the 1993 Production Sharing Contracts (PSC) with oil companies. This was contained in NEITI’s latest report titled “The Steep Cost of Inaction” released in […]
The Nigerian National Petroleum Corporation (NNPC) has introduced series of reforms aimed at boosting the public’s perspective from being an opaque business entity to a more transparent business entity. In this report, OLATUNDE DODONDAWA examines why the Nigerian Natural Resource Charter (NNRC) said, in its latest Benchmarking Exercise Report (2017 […]
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 […]
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 […]
