Nigeria to Host $5bn African Energy Bank Nigeria has been granted the hosting right for the $5bn African Energy Bank after beating Ghana, Benin Republic, Algeria, South Africa and Cote d’Ivoire in a keenly contested bidding. The Minister of State, Petroleum Resources (Oil), Heineken Lokpobiri, told...

IOCs to Invest $20bn in Petroleum Sector – Lokpobiri The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, on Monday, announced that about $16.6bn investments had been committed to Nigeria’s oil and gas sector in the past one year. He spoke in Abuja while providing...

Hold NNPCL Accountable for Refinery Renovations - Minister   The Minister of State for Petroleum Resources, Heineken Lokpobiri, stated that the Nigerian National Petroleum Company Limited was responsible for the timely renovation of state-owned refineries. Lokpobiri disclosed this on Friday while responding to questions from State House...

The Federal government,through the Minister of State for Agriculture, Senator Heineken Lokpobiri has revealed that in its efforts to bridge funding challenges in the sector,it is set to invest 300 million USD to fund youths in agriculture. He also assured that 20% of an innitial...