Category: Energy

FG to construct 400 dams before 2019
December 13, 2016 No Responses

FG to construct 400 dams before 2019

The Federal Government is to construct additional 400 dams to boost irrigation across the country before 2019. Speaking in Abuja at the 32nd Annual Meeting of the Food Crisis Prevention Network, President Muhammadu Buhari explained that due to the growing...
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Nigeria Energy Sector Fund declares N51 coupon payment
December 12, 2016 No Responses

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...
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NLNG commissions $2m laboratory at UNN
December 6, 2016 No Responses

NLNG commissions $2m laboratory at UNN

Nigeria LNG Limited (NLNG), recently, at the University of Nigeria, Nsukka (UNN) commissioned a $2 million NLNG/UNN Engineering Laboratory donated to the institution as part of the company’s $12 million University Support Programme (USP). NLNG’s USP was la...
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Nigeria, Ghana, Togo, others ban ‘dirty fuels’ from Europe
December 6, 2016 No Responses

Nigeria, Ghana, Togo, others ban ‘dirty fuels’ from Europe

(BBC) Five countries in West Africa have decided to stop importing “dirty fuels” from Europe, the UN Environment Programme says. A recent report revealed that European companies were exploiting weak regulations in West Africa to export fuels with h...
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NLNG presents $100,000 cash prize to Ibrahim, 2016 Literature Prize winner
December 2, 2016 No Responses

NLNG presents $100,000 cash prize to Ibrahim, 2016 Literature Prize winner

Nigeria LNG (NLNG) Limited on Tuesday formally presented the Nigeria Prize for Literature and accompanying cash prize of $100,000 to the 2016 winner, Abubakar Adam Ibrahim, at a Public Presentation ceremony in Abuja. Ibrahim’s entry, Season of Crimson Blosso...
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Africa is a difficult region for paying taxes, says PwC
December 2, 2016 No Responses

Africa is a difficult region for paying taxes, says PwC

Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC. Released on Thursday,...
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At PwC forum, experts seek adequate measures against energy theft
December 1, 2016 No Responses

At PwC forum, experts seek adequate measures against energy theft

Energy theft and challenges associated with gas supply on Wednesday dominated discussions at the 2016 edition of PwC Power & Utilities Roundtable in Lagos. Participants at the event attended by various stakeholders called on relevant government agencies to...
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224 firms bid for crude lifting contracts
November 25, 2016 No Responses

224 firms bid for crude lifting contracts

Not less than 224 local and foreign firms have submitted bids for the purchase and sale of Nigeria’s crude oil. Speaking at the opening ceremony for the sale and purchase of the crude oil grades in Abuja, the Group Managing...
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Kachikwu canvasses early repairs of refineries
November 18, 2016 No Responses

Kachikwu canvasses early repairs of refineries

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has called  for the prompt  rehabilitation of the nation’s refineries as part of measures to prevent them from being sold as scrap.   Speaking on Thursday at a stakeholders’...
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NUPENG faults restructuring agenda for NNPC, DPR, PPPRA
November 15, 2016 No Responses

NUPENG faults restructuring agenda for NNPC, DPR, PPPRA

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has advised the Federal Government to desist from its reported plans to scrap the Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Product Pricing ...
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NNPC redeploys staff, appoints new spokesperson
November 15, 2016 No Responses

NNPC redeploys staff, appoints new spokesperson

The Nigerian National Petroleum Corporation (NNPC) has announced the appointment and redeployment of top management staff across board.   According to Group Managing Director of the Corporation, Maikanti Baru,  the changes were informed by the desire to cons...
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10 students gets NLNG post graduate scholarships
November 4, 2016 No Responses

10 students gets NLNG post graduate scholarships

Nigeria LNG Limited has so far awarded a total of three thousand and fifty-three (3,053) scholarships to Nigerian students. This is part of the company’s education intervention programme for deserving students at Post Primary, Undergraduate and Post Graduate...
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NLNG, Navy commission School hostel in Calabar
October 29, 2016 No Responses

NLNG, Navy commission School hostel in Calabar

A public-private partnership funded hostel at the Nigerian Navy Secondary School, Akpab-Uyo, Calabar, Cross Rivers State has been commissioned by Nigeria Liquefied Natural Gas Limited (NLNG) and the Nigerian Navy as part of the company’s contribution to the ...
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Corruption in NNPC exaggerated, says Minister
October 28, 2016 No Responses

Corruption in NNPC exaggerated, says Minister

(NAN) The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday said  corruption in the oil and gas industry was overblown.  Kachikwu who spoke with Journalists after the launch of the new roadmap tagged “The 7 Big Wins”,...
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