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Fed Govt Bars Debtors From Bidding For Oil Fields

Fed Govt Bars Debtors From Bidding For Oil Fields     Companies, including their promoters, indebted to the Federal Government will not be allowed to participate in the newly launched bid round for marginal oilfields, the Department of Petroleum Resources has said. The DPR, in a document obtained...

FG, Airlines Perfect Plans To Disinfect Airports, Aircrafts

FG, Airlines Perfect Plans To Disinfect Airports, Aircrafts     The Federal Government, airline operators and airport managers have concluded arrangements for the disinfection of aircraft airports across the country. It was gathered that the disinfection exercise should be completed before the June 21, 2020 target date for...

Oilfield Bid Round: Fed Govt May Generate N3.17bn From Fees

Oilfield Bid Round: Fed Govt May Generate N3.17bn From Fees   The Federal Government may generate at least N3.17bn from the payment of fees for the marginal fields put on offer for bidding, data obtained from the Department of Petroleum Resources have shown. Indigenous oil firms and...

FG Invites Investors To Bid For 57 Oil Fields

FG Invites Investors To Bid For 57 Oil Fields     The Federal Government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part of efforts to develop oil and gas discoveries that had been left unattended to for many...

Discos Sue FG Over Business Interference

Discos Sue FG Over Business Interference     Electricity distribution companies (Discos) have dragged the Federal Government to court to restrain it from further interfering in the corporate business activities of the power firms. According to the firms, the government, through the Nigerian Electricity Regulatory Commission and other...

Set Up N15bn Emergency Fund, Reps Tell Fed Govt

Set Up N15bn Emergency Fund, Reps Tell Fed Govt     The House of Representatives on Tuesday urged the Federal Government to set up a strategic N15 billion Coronavirus Emergency Fund for universities and other tertiary institutions. It said this would enable such institutions to respond to the...