OML 40 Explosion Damages Marine Storage Vessel, Stalls 10,000bpd       The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease 40 involving its partners, Elcrest Exploration and Production Nigeria Limited. Spokesperson for...

Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna         The federal government has been advised to embark on thorough verification of data of investment of foreign investors in the country to further ascertain the investment status of foreigners for proper planning. This is contained...

FG Expecting One million MT Steel From $1.5bn Plant – Minister       The Federal Government has said that the $1.5bn steel plant that is nearing completion in Kaduna State will attract automobile industries to Nigeria when completed. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed...

Despite Abundant Gas, Nigeria Imports 71% Of LPG Consumed In One Month – PPPRA       Despite abundance of gas in Nigeria, 71.35 per cent of the Liquefied Petroleum Gas, LPG, also known as cooking gas, consumed in the country in the month of August 2020 were...