NCDMB dismisses pejury allegation against Wabote as charade
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board has dismissed allegations of perjury against its Executive Secretary, Engr Simbi Wabote, as disingenuous and diversionary tactic to stampede into dropping his suit challenging allegations that he operates a foreign account….
BFI Group ready to reactivate ALSCON
Sopuruchi Onwuka A Nigerian American consortium, the BFI Group, has declared its readiness to begin processes for reactivation of production at the Aluminum Smelter Company Limited in order to fast tract the ongoing economic diversification of the government. The development…
Ardova’s LPG facility to go live by December
Sopuruchi Onwuka Integrated petroleum marketing company, Ardova Plc, has declared that its ambitious storage facility for holding liquefied petroleum gas (LPG) also called cooking gas is targeted for commissioning by the end of the year. The company which held a…
NLNG provides RSUTH with infectious diseases unit
Nigeria LNG Limited (NLNG) on Friday signed a Memorandum of Understanding (MoU) with Rivers State University Teaching Hospital (RSUTH) for the provision of a multi-million naira Infectious Diseases Unit to support robust healthcare delivery in Rivers State. At a signing…
Pulling Seplat Energy from the precipice
Sopuruchi Onwuka The board crisis that currently rocks Nigeria’s leading indigenous petroleum exploration and production company, Seplat Energy Plc, fits into the caste of Nigerian business partnerships. Perhaps the only difference is that the prevailing board dispute is totally unexpected,…
NCDMB, Navy to collaborate on vessel compliance, security
The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Navy on Wednesday agreed to collaborate closely to enforce the Nigerian Oil and Gas Industry Content Development (NOGICD) Act in maritime operations by curbing the use of non–compliant and…
Energy transition: Africa to host 2 bn cars by 2040
Sopuruchi Onwuka Nigeria and other developing economies of the world must brace to host about two billion vehicles that are fired with petroleum fuels as the industrialized nations that currently champion the global movement for energy transition plan total switch…
Nigeria turns an OPEC laggard as oil demand surges above 100 mbd
Sopuruchi Onwuka Nigeria’s crude oil production maintained fluctuating trend in December 2021, shedding 43,000 barrels per day to end the year at 1.338 million barrels per day. According to the Monthly Oil Market Report of the Organization of Petroleum Exporting…
Climate change: Key factors COP26 ignored at Glasgow
By Dr Emmanuel Okoroafor The turnout at the recently concluded climate summit was impressive and loaded with declarations and pledges for net zero emissions. However, whether (and how fast) countries redeem their pledges has nothing to do with what their…
More COVID-19 variants underway as experts downgrade IHU
Sopuruchi Onwuka The world must brace for emergence of more variants of the dreaded SARS-COV-2, the pathogen that causes novel coronavirus disease also known as COVID-19. In separate briefings on the new variants of the virus including the widespread Omicron…
