Ararume: Buhari scores again with NNPC Board, By Godson Chukwuemeka
A lot has been happening in the petroleum sector of late. Not long ago, the President broke what had looked like an eternal jinx by […]
Petroleum Industry Act
Petroleum Industry Act redefines Buhari’s Presidency, By Babatunde Ayorinde
On August 16, 2021, President Muhammadu Buhari shocked his many detractors when, in a historic move, he signed into law the Petroleum Industry Bill (PIB) […]
Pomp as Araraume chairs board of NNPC Limited, By Sufuyan Ojeifo
On Sunday, September 19, 2021, President Muhammadu Buhari directed the incorporation of the Nigerian National Petroleum Company (NNPC) Limited to consummate a new era […]
Senate approves 2022-2024 MTEF/FSP, oil price benchmark at $57 pb
The Senate has approved the 2022-2024 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), just as it pegged oil price benchmark at 57 dollars […]
Buhari proposes Administrative Structure Amendments to PIA 2021
President Muhammadu Buhari has written the National Assembly on proposed Administrative Structure Amendments to the Petroleum Industry Act (PIA) 2021. Mr Femi Adesina, the Special […]
Buhari seeks Senate confirmation of Board of Petroleum Regulatory Authority, Upstream Regulatory Commission
President Muhammadu Buhari on Tuesday, sought Senate’s confirmation of members of the Board of the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The President in […]
Southern Governors back collection of VAT by states
Governors from Southern Nigeria have expressed their support for the collection of Value Added Tax (VAT) by state governments. Gov. Rotimi Akeredolu of Ondo disclosed […]
Ministry inaugurates technical committee on Petroleum Industry Act
Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, has inaugurated a technical committee to review the Petroleum Industry Act (PIA) 2021 and its implications […]
Dangote refinery to expand employment capacity by 17,000
President/Chief Executive, Dangote Industries Ltd., Alhaji Aliko Dangote, has revealed plans to increase human capacity at its Refinery Project site, from 40,000 personnel to 57,000 […]
FG to prosecute officials over mismanagement, theft of NDDC funds
The Federal Government will probe and prosecute those behind the mismanagement of funds meant for the development of the Niger Delta region. The Attorney General […]