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Okowa lauds Heritage Energy on local content policy compliance
Sopuruchi Onwuka American international oil independent, Heritage Energy Operational Services Limited (HEOSL), has earned the commendation of the Delta State government on its high Nigerian Content policy compliance level. Governor Ifeanyi Okowa whose presentation was delivered at the Stakeholders Summit…
NERC lays commercial incentives for power supply improvement
Assures sustainable market for meter producers Sopuruchi Onwuka Federal government has declared plans for sustainable capacity growth in the nation’s electric power sector through performance based incentives for players, especially the distribution companies that would stake significant investments in advancing…
Jonathan, Daukoru laud NCDMB as ERASKON launches factory in Bayelsa
Former President Goodluck Ebele Jonathan and the former Minister of State for Energy and current chairman of Nigeria LNG Board, King Edmund Daukoru have applauded the Nigerian Content Development and Monitoring Board (NCDMB) for the effective implementation of the Nigerian…
NCDMB leads search for new financing for Africa’s oil industry
Sopuruchi Onwuka Key stakeholders in the African petroleum industry are exploring a combination of reinvestment funds, idle private sector funds, development banks and local credit institutions as new sources of project financing. The scramble for new financing solutions comes in…
Lagos Employment Summit: Apprenticeship, skills lead recovery pathways
Sopuruchi Onwuka Traditional apprenticeship and set-up packages as currently practiced in business clusters in Nigeria can become plausible strategies in addressing high failure rate among millions of small businesses that create over 80 percent of employment in the country. The…
Renewvia feeds 10,000 people with renewable electricity
Renewvia Solar Nigeria Limited, a subsidiary of Renewvia Energy Corporation, has declared that it has connected nearly 2,000 households in five Niger Delta communities to solar-powered rural electrification minigrids, serving over 6,000 people. The company added that it has also…
Coca-Cola, Starbucks and McDonald’s quit Russia
Three major multinational brands- Coca-Cola, Starbucks, and McDonald’s- all announced within hours of each other on Tuesday that they have suspended operations in Russia in response to its invasion of Ukraine. In a statement posted to its website, Starbucks announced…
Barkindo relieves OPEC of responsibility in Russian oil sanctions
Sopuruchi Onwuka World’s key oil producers’ bloc, the Organization of Petroleum Exporting Countries (OPEC), has declared that it would not take responsibility in geopolitical tension that currently propels price jumps in the global oil market. Secretary General, HE Dr Mohammed…
Lagos Employment Fund facilitates 275,051 jobs, businesses
Creates 68,000 tax payers, earns budget boost Sopuruchi Onwuka The Lagos State government through its employment creation agency has facilitated the creation and enhancement of 275,051 small businesses, new employment opportunities and existing jobs in the state. Chairperson of Lagos…
Stakeholders tour NCDMB facilities in N’Delta
The Nigerian Content Development and Monitoring Board (NCDMB) has kicked off a tour of its facilities in the Niger Delta regionwith stakeholders, to showcase and sensitize them of its projects and programs in the area. The tour which began in…
