AfDB Gives Nigeria $300m To Tackle Youth Unemployment   The Federal Government on Thursday said the African Development Bank has approved a $300m loan to contribute to job creation, food security and nutrition, rural income generation and improved livelihood for youths in both urban and rural...

Kachikwu - Modular Refineries Can’t Meet Petrol Supply Deficit   The proposed modular refineries in the Delta region cannot bridge the petrol supply deficit in the country, the Minister of State for Petroleum Resources, Ibe Kachikwu, has said. Kachikwu, who briefed State House correspondents at the end...

Reps Begin Probe Of Subsidy Payment   The joint House of Representatives committee on finance and petroleum (downstream) have resolved to go fully and investigate alleged payments of subsidy by relevant government authorities. The joint committee chaired by Babangida Ibrahim (APC, Katsina) and Joseph Akinlaja (PDP, Ondo)...

2018 Budget: N/Assembly Threatens To Give NIMASA Zero Allocations   Members of the House Committee on Maritime Safety, Education and Administration yesterday threatened to give the Nigerian Maritime Administration and Safety Agency (NIMASA) zero allocation in the 2018 budget for spending below 10 percent of its...

EFCC Investigates Foreign Vessel, 16 Oil Thieves   Sixteen Ukranians suspected to be oil thieves, are now being investigated by operatives of the Economic and Financial Crimes Commission, EFCC, in Port Harcourt, Rivers State. The foreigners are being investigated alongside a vessel: MT SAN PADRE PIO,...

FG Applauds NNPC Foray Into Renewable Energy   The Federal Government has commended the Nigerian National Petroleum Corporation (NNPC) for venturing into the development of renewable energy across the country. Minister of Science and Technology, Dr. Ogbonnaya Onu, gave this commendation during his visit to the NNPC’s...