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April 29, 2013
Mike Adenuga clocks 60

 

Monday is the 60th birthday of Nigeria’s business mogul and chairman of Globacom, Mike Adenuga.

 

April 2, 2013
Nigerian Deepwater Oilfields to Generate $66bn Investments

Multinational oil and gas-producing companies in Nigeria, under the aegis of Oil Producers’ Trade Section (OPTS) of the Lagos Chamber of Commerce and Industry (LCCI) have stated that deepwater oilfields had the potential to generate $66 billion of investments for the country.

January 22, 2013
NNPC/NPDC Adjudged Nigeria’s 5th Largest Crude Oil Producer

 

November 10, 2012
Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke

 

November 10, 2012
Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke

 

The Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke, Thursday  dismissed the clamour for her removal by President Goodluck Jonathan, describing those behind the clamour as blackmailers 
Alison-Madueke said she would remain focused and committed to her job and embark on reforms in the oil and gas sector.

November 9, 2012
Why some people want me out of Petroleum Ministry – Deziani

 

October 11, 2012
President Jonathan’s 2013 Budget Speech on 10th October 2012 before the National Assembly

“Fiscal Consolidation with Inclusive Growth,

Federal Republic of Nigeria 2013 Budget Speech “Fiscal Consolidation with Inclusive Growth, Delivered by: His Excellency Goodluck Ebele Jonathan, GCFR, President, Federal Republic of Nigeria, Before: A Joint Session of the National Assembly, Abuja. Wednesday, 10th October 2012

PROTOCOL

July 6, 2012
Akwa Ibom’s Budget of Infrastructural Development

 

With Akwa Ibom State, we have finally found a budget that allocates more than 70 per cent to capital expenditure – the recommended minimum to achieve accelerated and meaningful development in an underdeveloped setting. We will analyse the 1,095-page document titled “Approved Estimates of Akwa Ibom State for 2012.”

July 5, 2012
THREE YEARS ON, PRESIDENTIAL AMNESTY PROCLAMATION PAVES THE WAY FOR SUSTAINABLE DEVELOPMENT IN THE NIGER DELTA

THE TORTUOUS JOURNEY

April 30, 2012
NNPC to Enforce Content Act, Revises Oil Lifting Guidelines

A major breakthrough has been recorded in the efforts to enforce compliance with the Nigerian Content Law by oil and gas operations, as the Nigerian National Petroleum Corporation (NNPC) has finally reviewed the 2012/2013 crude oil lifting guidelines to comply with the Act.

 

April 16, 2012
Subsidy: How Lloyd’s Register Traced Fraudulent Oil Marketers

In order to sift through the mountain of documentation and bills of laden submitted by major and independent oil marketers, and ascertain with near certainty companies that might have made false subsidy claims on phantom petrol imports, the House of Representatives ad hoc committee that was set up to probe the management of the fuel subsidy fund, has solicited the assistance of the UK-based Lloyd’s Register Group.

In order to sift through the mountain of documentation and bills of laden submitted by major and independent oil marketers, and ascertain with near certainty companies that might have made false subsidy claims on phantom petrol imports, the House of Representatives ad hoc committee that was set up to probe the management of the fuel subsidy fund, has solicited the assistance of the UK-based Lloyd’s Register Group.

January 19, 2012
Nigeria's government ordered a fresh audit of its entire oil and gas sector

Nigeria's government ordered a fresh audit of its entire oil and gas sector covering the last three years on Wednesday, the latest move to clean up corruption in Africa's biggest oil industry after a week of anti-government protests. The move follows the opening of an investigation into the sector by the corruption watchdog and a separate Senate investigation into fuel subsidies -- all announced this week.

Nigeria's government ordered a fresh audit of its entire oil and gas sector covering the last three years on Wednesday, the latest move to clean up corruption in Africa's biggest oil industry after a week of anti-government protests. The move follows the opening of an investigation into the sector by the corruption watchdog and a separate Senate investigation into fuel subsidies -- all announced this week.

January 12, 2012
FEDERAL GOVERNMENT TO SIGN CONTRACT FOR MAINTENANCE OF REFINERIES

Worried by the frequent demand for functional refineries in the country as a way out of petroleum products’ importation, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has disclosed that Nigeria will this week sign a formal contract for the planned turn-around maintenance (TAM) of all its traditional refineries with their original builders.

Worried by the frequent demand for functional refineries in the country as a way out of petroleum products’ importation, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has disclosed that Nigeria will this week sign a formal contract for the planned turn-around maintenance (TAM) of all its traditional refineries with their original builders.