Tag: Federal Government
Akwa Ibom Coconut Oil Refinery, Liberty Oil & Gas Free Zone...
Governor Udom Emmanuel of Akwa Ibom state has explained that the state-owned coconut refinery, which will be driven by a combination of several technologies...
CBN Introduces Framework for Financing National Mass Metering Programme
Nigeria’s apex bank, Central Bank of Nigeria (CBN) has rolled out a framework for financing the National Mass Metering Programme (NMMP) recently implemented by...
FG is Boosting Non-Oil Export to Broaden Economic Diversification – Katagum
The Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum, has said that the Federal Government is taking steps toward boosting non-oil sector...
REA Flaunts Score Card, Worries Over Scrapping Proposal
…Says Nigeria Needs Private Funding to Close $2.5bn Electricity GapThe Executive Director, Rural Electrification Fund (REF) at the Rural Electrification Agency (REA), Dr...
Ijaw Elders Consider Legal Action against FG Over Marginal Field Bid...
A group, Ijaw Elders Forum, has issued a notice of intention to challenge in court the bidding process or marginal field rounds, and seek...
Autogas Scheme to Create 2m Jobs Annually, Sylva’s Aide
The Technical Adviser, Gas Business and Policy Implementation to the Minister of State for Petroleum Resources, Mr Justice Derefaka has said that the Federal...
Auto Gas: FG Promises to Make Conversion of Cars Cheap –...
The government is working hard to ensure that conversion of petro cars to use gas is cheap in the country, the Minister of State...
U.S. tribunal orders oil firm to pay Nigeria $660,000
The tribunal also absolved the Federal Government of Nigeria of any liability.
The Minister of Justice, Abubakar Malami, on Wednesday, welcomed the judgment of a...
Expect Further Hike in Fuel Price – President Buhari Tells Nigerians
Another fuel price hike is imminent as President Mohammadu Buhari tells Nigerians to prepare for a reality-based price adjustment on the prices of petroleum...
NNPC Cuts JV Oil Assets By 62%
The Nigerian National Petroleum Corporation (NNPC) has confirmed that Nigeria reduced its spending on oil and gas assets being developed through joint ventures (JV)...
FG Fast-Tracking Roll-Out of Cleaner, Cheaper Alternative to Petrol, to Cushion...
The Minister of State, Petroleum Resources, Mr. Timipreye Sylva, has said that in order to cushion the effect of the removal of petroleum subsidy...
FG spent N9tr in oil subsidy in 10yrs – PPPRA
Petroleum Products Pricing Regulatory Agency PPPRA has disclosed that the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006...
FG Secures $6.15bn for Power Infrastructure – Mamman
The Federal Government has secured $6.15 billion for infrastructural development in the power sector, a report says.
The Minister of Power, Engr Sale Mamman, disclosed...
Siemens Best Qualified for 25,000MW Grid Expansion – FG
The Federal Government has explained that the German firm, Siemens AG was chosen for the expansion of Nigeria’s power grid because it was the...
Nigeria to Build Solar Dryers Nationwide to Boost Post Harvest
The federal government has finalised arrangement to construct eight solar dryers with four in each of the federal constituencies nationwide.
This is expected to deal...
Siemens Electricity Supply Deal: 3,800 Transformers to Be Installed – FG
The Minister of Power, Sale Mamman has disclosed that the electricity deal between the Federal Government and the German Siemens AG will necessitate the...
FG Hailed Over Power Upgrade Pact With Siemens
…As Jos Disco meters 200,000 customers
The Chairman of Jos Electricity Distribution Company (JEDC) Plc, Mr Babangida Inuwa, has commended Nigerian government’s power agreement...
Nigeria ranks top five among gas flaring countries in 2015
Nigeria has ranked fifth amongst countries in the world to have flared (burnt off) the highest volume of gas per day, an improvement against...
Ogoni Clean-Up Begins June 2
The Federal government will on June 2 launch the kick-off of Ogoni clean-up programme as contained in the United Nations Environment Programme Report, UNEP.
...
Stop Sabotaging Oil Facilities, Lawmaker Warns N’Delta People
Bayelsa State lawmaker and prominent member of the All Progressives Congress, Mr. Israel Sunny-Goli, has warned the people of the Niger Delta against sabotaging oil...
