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‘Nigeria Lost N523bn to Gas-Flaring in 2 Years’

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said that the Federal Government would set up an independent tracking mechanism to ascertain the actual volume of gas being flared in the country. The Federal Government has lost N523 billion to gas-flaring between 2015 and...

We Are Not Recruiting – NNPC

The Nigerian National Petroleum Corporation (NNPC) has once again called on members of the public to disregard any announcement of recruitment or invitation to recruitment interview as it is not carrying out any recruitment exercise at the moment. The disclaimer, the third in recent times,...

Nigeria’s total debt now N17.5tn –NBS

The National Bureau of Statistics has said that the country’s foreign and domestic debts stood at $11.41bn (N3.49tn) and N14.02tn as of December 2016. The bureau stated this in its states and federal debt stock data, which was released in Abuja. A breakdown of the country’s...

President Buhari Meets GMD NNPC, Excited over Stability in Oil and Gas Sector

The Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC), Dr Maikati Baru, on Tuesday briefed President Muhammadu Buhari on the activities of the corporation and its subsidiaries. Addressing State House correspondents after a closed door meeting with the president in the Presidential...

FG Tasks Budget Office on Effective Service Delivery

The Federal Government has called on the Budget Office of the Federation to put in place necessary measures that can guarantee effective and efficient delivery of the annual national budget. The Minister of state, Budget and National Planning, Hajia Zainab Ahmed, made the call in...

FG raises workers’ hope on new minimum wage

Federal Government raised Nigerian workers hope of a new minimum wage when it assured that it will facilitate the passage of national minimum wage. In a message to workers during the 2017 May Day Rally with the theme, “Labour Relations in Economic Recession: An Appraisal”,...