NNPC Says ANOH Gas Projects to Produce 600MSCFD Equivalent of 2.4GW of Electricity As part of concerted efforts to ramp up gas-to-industries and gas-to-power in the country, the Nigerian National Petroleum Corporation (NNPC) has revealed that the Asa North-Ohaji South (ANOH) gas project, one of...

Budget 2021: FG Earmarks N152bn For Electricity       The Federal Government is to pay power generation companies through Nigerian Bulk Electricity Trading, NBET, the sum of N152.416 billion in 2021. According to details of the 2021 budget now before National Assembly, this forms one of the largest...

Lagos Atop As States’ IGR Drops By 11.7%       The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on...

The Federal Government of Nigeria has expressed its commitment to the implementation of the 1992 International Civil Liability Convention and the 1992 International Oil Pollution Compensation (IOPC) Fund. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside said this...

The Minister of Transportation, Mr. Rotimi Amaechi on Monday said the International Maritime Organisation (IMO), a specialised agency of United Nations,, agency is being drafted to audit the maritime sector to ensure its compliance with global safety, security and protection of the shipping industry...

Come July 1, Nigeria’s export products may be rejected if they or the containers in which they are loaded are not weighed before being loaded onto ships. The rule, which is a convention of the International Maritime Organisation, is expected to become effective for all...