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Reasons why oil majors are leaving Nigeria
Sopuruchi Onwuka Key issues bordering mainly on the congeniality of business environment form the major reasons why Nigeria’s traditional petroleum industry partners are scaling down their businesses in the country in a move that have clearly indicates eventual exit from…
‘Lagos pipeline blast will not affect fuel supply’
Sopuruchi Onwuka A pipeline explosion at Iyana Odo area of Lagos State which has led to the shutdown of the critical System 2B fuel supply trunk line of the Nigerian National Petroleum Company (NNPC) Limited will not lead to shortage…
NNPC earns N203bn fuel income in July
Gas production rises by 4% A total sum of ₦203.73billion was made on the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the Nigerian National Petroleum Company…
Defamation: Oil industry group demands justice for Wabote
Sopuruchi Onwuka An association of indigenous petroleum players in the country have risen in support of the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, in his demand for justice over defamatory publication by…
NNPC not conducting survey, not recruiting
The Nigerian National Petroleum Company Limited (NNPC), has declared a competition trending online which claims to celebrate a so called “Anniversary Event” as fake. In the purported contest, unsuspecting participants are encouraged to carry out a survey by filling out…
Ampo Poyam partners NMT for African operations
Sopuruchi Onwuka Nigerian Machine Tools (NMT) Limited may have become early runners in the diversification of Nigerian Content policy across key sectors of the Nigerian economy as it strikes a major partnership deal with Spanish equipment component producer, Ampo Poyam…
Experts deflate Ehanire’s vaccine waste response
FG saves N16.4b from donated vaccines, commits to local production Sopuruchi Onwuka Some medical experts speaking exclusively to The Oracle Today have dismissed government’s explanations over the expiration of about one million units of novel coronavirus disease vaccine donated to…
Nigeria thrashes 1m COVID vaccines in November
Late arrival of vaccines and inability of government officials to rapidly distribute and administer short life consignments led to expiry of about one million vaccines mainly donated to assist in boosting national immunity coverage. A Reuters report seen by The…
Pfizer claims a hit at Omicron
Pharmaceutical firm, Pfizer, has declared that a third shot of its vaccine provides robust protection against the Omicron variant of the coronavirus, according to agency reports. Chairman and Chief Executive that even if the new strain is more transmissible, Albert…
Local Content: Butane Energy’s LPG plant opens in Katsina
Butane Energy Limited, one of the gas based business supported with equity investment by the Nigerian Content Development and Monitoring Board (NCDMB) has opened its 100 metric tonnes Liquified Petroleum Gas (LPG) Storage and Bottling Plant in Kabukawa layout, Katsina…
