Global transparency body, Extractive Industries Transparency Initiative, EITI, has scored the Nigerian National Petroleum Company Limited, NNPCL, very high in its latest global assessment. This was disclosed by EITI’s Deputy Executive Director, Bady Baldé, during a visit by an EITI…
NNPC Ltd Remits N4.5trn into Federation Account in nine months
Between January and November last year, the Nigerian National Petroleum Company Ltd remitted the sum of N4.5trn into the federation account for distribution to the three tiers of government. The remittance was confirmed by the Chief Finance Officer of the…
NNPC Ltd woos South Korean investors for Gas Projects
The Nigerian National Petroleum Company Limited, NNPCL, has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, led…
Meter Manufacturers Seek Government Intervention to Tackle Forex Crisis, Inflation and Instability in Metering Sector
The Association of Meter Manufacturers of Nigeria (AMMON) has called on the President Bola Tinubu-led government to take urgent action to address the challenges facing the metering sector, including foreign exchange fluctuations, inflation, and instability. AMMON, which represents the interests…
Oyetola harps on collaborative stakeholder engagement to boost international trade
Mr Adegboyega Oyetola, Minister of Marine and Blue Economy, has assured Nigerians of his ministry’s unwavering commitment to collaborative engagements with stakeholders in the international trade community. Oyetola gave the assurance at the 2024 International Customs Day organised by the…
Nigeria-Morrocco Gas Pipeline: FG, Morocco in Talks to Expedite Project
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on…
Styrofoam Ban: No Going Back – Lasg
The Lagos State Government has maintained it’s stance on the total ban of usage and distribution of Styrofoam in the State, stating there is no going back on the ban. This affirmation was made at a consultative meeting of the…
Dangote Petroleum Refinery registers MOMAN, IPMAN and DAPPMAN members for Products’ distribution
The Management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country. So far, members of three prominent associations, that constitute 75 per cent of the total market in…
NIMASA, Dangote Refinery unveil committee to tackle operational concerns
The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Dangote Refinery have set up a special committee to address the operational concerns of the refinery. The two parties gave the committee a two-week timeline to provide a report that…
Single-use plastic, styrofoam ban long overdue, environmentalists say
Some environmentalists have lauded the recent ban of single-use plastic and styrofoam by the Lagos State Government, stating that the ban was long overdue. The environmentalists said this in different interviews on Tuesday, January 23, 2024, in Lagos. Lagos State…
