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Anti-Corruption Hero, President Buhari Leads by Example

Anti-Corruption Hero, President Buhari Leads by Example By Garba Shehu     As he marks today, December 17 as his birthday, Muhammadu Buhari, driver of change and mobiliser of voters continues in his role as President and Commander-in-Chief of the Armed Forces of Nigeria, leading by setting examples as the...

Nigeria’s Oil Deposit Down By 2.16% To 36 Barrels – NNPC

Nigeria’s Oil Deposit Down By 2.16% To 36 Barrels - NNPC       The Nigerian National Petroleum Corporation (NNPC) has disclosed that the volume of oil deposits Nigeria holds declined by 2.16 per cent between 2018 and 2019 and is now 36.89 barrels (bbls). While the country’s oil...

NNPC Reduces Debts To IOCs To $1.58bn, Pays Off Mobil

NNPC Reduces Debts To IOCs To $1.58bn, Pays Off Mobil       Out of about $4.6 billion negotiated joint venture (JV) oil production debt Nigeria was owing international oil companies (IOCs), about $3.02 billion has been paid by the Nigerian National Petroleum Corporation (NNPC), leaving about $1.58...

We’ll Repair Refineries Without FG’s Funds – Kachikwu

We'll Repair Refineries Without FG's Funds - Kachikwu The repair of Nigeria’s four refineries will be done without the Federal Government’s money, President Muhammadu Buhari has said. It was also gathered that the current administration has not spent any dime on the repairs of Nigeria’s refineries...

FG Considers Legal Tool for offshore gas

FG Considers Legal Tool for offshore gas The  Federal Government would have settled the contractual structure that would aid the country to unlock gas offshore instead of depending solely on the Niger Delta .by the end of the month. Kachikwu, who spoke at the ongoing Nigerian...

FG Saves $1bn Through Direct Sale Of Crude Oil

FG Saves $1bn Through Direct Sale Of Crude Oil Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has confirmed huge benefit accruing to the country following the replacement the offshore processing arrangement (OPA) and crude oil swap with the Direct Purchase of Petroleum Products...