Former GMDs of NNPC have given the corporation a resounding vote of confidence and increased support as the corporation hosted a CEO forum today, July 20, 2024. The forum held discussions on NNPC’s strategic direction post Petroleum Industry Act (PIA) and its implications.
Leading German diplomat nominated for UN General Assembly president
Leading German diplomat Helga Schmid is set to become president of the UN General Assembly in New York from next year. Germany’s federal government nominated the 63-year-old for the role at the headquarters of the United Nations on Wednesday, the…
German passenger rail service hit by strikes, construction and storms
Germany’s state-owned rail company Deutsche Bahn (DB) is blaming strikes, construction work and storms for a poor punctuality record in the first half of this year, with just 62.7% of long-distance trains arriving without major delay. “The massive strikes, country-wide…
Commissioner Unveils Waste Management Plans at Event …Govt to build waste-to-energy plants at Olusosun, Epe and Badagry
The Lagos State Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, has unveiled plans to radically improve the waste management system in the state, at a Waste to Energy Summit themed, “Driving Environmental Sustainability”. The event, organised by…
Oando Chief Executive Officer (CEO) to Champion Role of Local Explorers at MSGBC Oil, Gas & Power 2024
Adewale Tinubu, CEO of Nigerian multinational energy company Oando, will discuss the company’s latest acquisition and evolution into a leading indigenous explorer at the upcoming conference Following its milestone acquisition of Italian multinational Eni’s onshore assets in Nigeria, Oando…
Nigeria to be Net Exporter of Petroleum Products by December 2024
Nigeria concludes plans to become net exporter of petroleum products by end of 2024
From 20 to 7.5: Dangote, NNPC in Stalemate Over Refinery Equity Share – IPO on the Horizon
In a surprising twist to the Dangote Refinery saga, disclosures have been made that the supposed 20percent equity investment by NNPCL in the Refinery is actually 7.5percent. This disclosure was made by Aliko Dangote himself at a media briefing earlier…
LG Autonomy: Fenrad welcomes Supreme court verdict as victory for grassroots governance and accountability
The Foundation for Environmental Rights, Advocacy and Development (FENRAD) have expressed its wholehearted support on the recent landmark decision by the Supreme Court of Nigeria barring state governors from holding and spending Local Government Area (LGA) funds. According to the…
Lagos State House of Assembly Committee on Environment Conducts Oversight Visit to Lagos Water Corporation
In a bid to ensure that water runs in every Lagos home, the Lagos State House of Assembly Committee on Environment paid an oversight visit to the Lagos Water Corporation Headquarters in Ijora on Wednesday, July 10, 2024. The Managing…
Dangote’s WTI Import Strategy: Nigeria’s High Cost of Crude Oil Grades, Profit Margin, and Freight Drove Dangote to Import Crude Oil from US
The high cost of Nigeria’s 35 crude oil grades including Bonga, Agbemi and others has been attributed as the reason why Dangote Refinery resorts to buying crude oil from the United States. Other factors attributable to Dangote Refinery going to…
