Oil theft: NUPRC sets up regulatory framework that will address oil revenue loss- Komolafe .Says commission is focused on prevention and elevation of transparency in the energy sector As part of the effort to stop oil theft and illegal financial flows in the country, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the […]
MARITIME ACCIDENT: US Navy transport ship aground in Persian Gulf By Our Correspondent A United States Navy transport ship that ran aground in the Persian Gulf has been refloated, according to FleetMon. It stated: “Was refloated at around 0040 UTC Jul 16, taken to nearby Khalifa Bin Salman Port anchorage, anchored. Remained anchored as of
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MARITIME ACCIDENT: How Cruise ship NORWEGIAN PRIMA broke off moorings BY Our Correspondent A Cruise ship NORWEGIAN PRIMA broke off her moorings in the afternoon of July 15, 2023, at Zeebrugge, according to FleetMon. It stated: “Cruise ship NORWEGIAN PRIMA broke off her moorings in the afternoon Jul 15 at Zeebrugge, in strong wind weather.
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SNEPCO’s MD calls for attractive fiscals in oil sector investments Managing Director of Nigeria’s leading deep-water oil and gas company, Shell Nigeria Exploration and Production Company (SNEPCo), Mrs. Elohor Aiboni, has urged the Nigerian government to replicate the Petroleum Industry Act’s (PIA) good fiscals terms for onshore oil projects and to put in place positive fiscal terms for gas projects
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10th NASS: SERAP gives Akpabio, Abass 7 days to ‘drop plan to spend N110bn on bulletproof cars, others’ Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Mr Godswill Akpabio and Speaker of House of Representatives, Mr Tajudeen Abbas “to drop the scandalous plan to spend N40bn on 465 exotic and bulletproof cars for members
Electricity tariff: Eleven DisCos submit fresh application to NERC By Eyo Nsima Eleven Electricity Distribution Companies, DisCos, have submitted a fresh application to the Nigerian Electricity Regulatory Commission seeking approval to review their tariff. In a notice obtained by The Daily, www.thedaily-ng.com, NERC, stated: “Pursuant to Section 116 (1) and 2(a&b) of the Electricity Act 2023
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Gov. Adeleke Seeks Collaboration with NASENI On Job Creation, Economic Development of Osun State …As EVC/CE Craves Support of Governors’ Forum for Agency The Osun State Governor, Senator Ademola Adeleke has expressed interest by the Osun State citizens to participate in the ongoing Skill Acquisition Training and Youth Empowerment Programme by the National Agency for
Dangote Cement Increases Capacity With New Plants In Nigeria, Cote d’Ivoire & Ghana …Dangote Cement to roll out new plants in Nigeria, Cote d’Ivoire & Ghana. Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant in Itori, Ogun State. According to the
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Nigeria, E/Guinea Mull New Opportunities in International Oil Sector The Governments of Nigeria and the Republic of Equatorial Guinea have opened discussions regarding new partnership opportunities such as the establishment of a joint logistics base, deployment of indigenous capacities across countries, and lowering the costs of major oil and gas operations. These possibilities were
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Forbes 2023 Index: Dangote Still Africa’s Richest for 12th Consecutive Year …Listed among world’s top 200 richest persons For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged as the richest man in Africa, despite economic headwinds that affected the fortunes of half of the world’s reported billionaires. Dangote, whose
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