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NLNG clarifies that Bonny plant maintains limited operations
Nigeria’s liquefied natural gas export company, the NLNG Limited, has made it clear that whereas flooding and associated feedgas cuts have impacted it operations, the company still processes and exports its products at limited capacity. Spokesman, Mr Andy Odeh, clarified…
DEBT OVERHANG: FG to convert $45.4 bn CBN loan to 40-year bonds
Sopuruchi Onwuka Federal government has introduced new debt management measures that would convert about N20 trillion or $45.4 billion of loans taken from the central bank to 40-year bonds, agency sources reported. Director General of the Debt Management Office (DMO),…
Buhari signs the Start-up Act into law
President Muhammadu Buhari has finally signed the Nigerian Startup Bill into law, providing the legal climate for the administration and regulation of play in the nation’s digital ecosystem. Minister of Communications & Digital Economy, Isa Pantami, declared Thursday in his…
Wabote advocates pan-continental collaboration on capacity development
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has called forclose collaboration among African oil-producing countries, particularly in human capacity development, joint development of energy projects, and research and development. He spoke…
FG’s ‘Decade of Gas’ programme wins AEW award
(From: Justice Derefaka, in Cape Town) The Ministry of Petroleum Resources under the superintendency of the Honorable Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva Shines at the African Energy Award Night At the ongoing 2022 edition of…
Romeo Oriogun’sNomad wins The Nigeria Prize for Literature
Science, literature instruments of national development– Obasanjo The Advisory Board for The Nigeria Prize for Literature, sponsored by Nigeria LNG Limited, today announced Nomad, authored by the poet,Romeo Oriogun, as the winner of the $100,000 prize for the 2022 cycle…
Wabote earns Buhari’s Public Service Excellence Award
The outstanding performance by Engr. Simbi Kesiye Wabote asthe Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) is set to be recognised and celebrated again as he has been nominated for the “Distinguished Capacity Development Award”at the…
Oilserv positions Nigerian capacity for N22.8 trn transnational pipelines
Sopuruchi Onwuka Nigerian companies are ready and well prepared to participate in the construction of the two transnational pipelines that are conceived to open new market for the country’s natural gas resources in Europe. The companies which are provided fertile…
Buhari piles up more debt via restructuring
Sopuruchi Onwuka The outgoing government of President Muhammadu Buhari is working to have more access to cash in the immediate term, pushing forward the obligation of debt servicing to the incoming administrations. In an interview she granted agency sources on…
Wabote hails Sylva’s on award of national honours
Lauds him for transforming the oil and gas industry The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has lauded the Minister of State for Petroleum Resources, Chief Timipre Sylva, on his recognition and award of the…
