THE leadership of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has said its strike, expected to commence today, would be total.
The Chairman, Senate Committee on Domestic Debt and Loans, Shehu Sani has expressed deep concern over the darkness being experienced across the country.
Source : PUNCH.
the nation’s power generation plunged to zero megawatt six times last month, the highest level since 2009, industry data obtained by our correspondent on Friday showed.
A former Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Mohammed Barkindo, has emerged as the Secretary-General of the Organisation of Petroleum Exporting Countries.
One year into the administration of President Muhammadu Buhari, the Nigerian petroleum industry had been bombarded with a number of initiatives, reforms, policies and strategies, but in spite of these, the industry had not recorded any significant improvement in its fortunes. Over the years, Nigeria and the international community had been consistently reminded of the fact that the Nigerian petroleum industry is bedeviled and enmeshed in an intricate web of corruption, to the extent that almost every successful player in the industry is termed corrupt or seen as benefitting from the corrupt system.
The Nigerian government on Thursday asked Nigerians to be hopeful of a better future, saying a “long suffering” people always enjoy enduring prosperity afterwards.
THE House of Representatives Committee on Privatisation, yesterday, stopped the proposed sale of the nation’s three refineries by Nigerian National Petroleum Corporation, NNPC.
The Federal Government on Wednesday, said Nigeria was ready to commence the production of nuclear energy. The Minster of Power, Works and Housing, Mr Babatunde Fashola, who made this known at the News Agency of Nigeria (NAN) Forum in Abuja, said Nigeria had secured the necessary certification from the International Atomic Energy Agency(IAEA).
The Nigerian minister of power, works and housing, Mr Babatunde Fashola has mourned the effect of recent activities of the Niger Delta militants on Electricity generation claiming that it is the reason the Buhari’s government will fail to meet its targets..
Ijaw youths under the auspices of Ijaw Youth Council (IYC) has called for the immediate review of all oil blocks in the Niger Delta, describing as injustice, a situation where no Ijaw man owns an oil-well in Nigeria.
A former Lagos State Governor and National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has described the decision of the President Buhari-led Federal Government to remove petrol subsidy as courageous.
The Nigerian government appears set to introduce policy changes to finally herald the take off of deregulation of the downstream sector of the petroleum industry, minister of state petroleum resources, Ibe Kachickwu, confirmed on Tuesday.
The Nigerian Labour Congress, NLC, on Monday morning, shut down the Jos Electricity Distribution head office for non compliance to the laid down Labour guidelines.
The amount the Federal Government is subsidizing Premium Motor Spirit (PMS), also known as petrol, rose, yesterday, to N9.09 per litre, according to the latest pricing template released by the Petroleum Products Pricing Regulatory Agency, PPPRA.
A member of the House of Representatives, Hon. Segun Odebunmi has said that the Minister for Power, Works and Housing, Mr. Babatunde Fashola does not have the capacity to deliver on the mandate of running three of the nation’s most critical sectors that hold the key to the revival of the economy at the end of this administration.
Says ‘I’ll not disappoint you’ By Emmanuel Aziken, Dapo Akinrefon, Charles Kumolu and Gbenga Oke President Muhammadu Buhari yesterday told Nigerians that he was feeling their pains saying that mutterings about the new administration being a scam was far fetched, saying that the one-chance scammers have been driven out of town. The president spoke at the Vanguard Personality Award ceremony in Lagos where he was jointly honoured with his predecessor, Dr. Goodluck Jonathan as Personality of the Year Award, 2015.
Nigeria’s electricity woes worsened on Tuesday, April 5, as two additional power generating plants collapsed, bringing the total number of plants not generating Megawatts, MW, of electricity to 10.
The nation’s electricity woes worsened on Tuesday as two additional power generating plants were shut down, bringing the total number of plants not generating any megawatts of electricity to 10.