2021 Budget: Increasing IGR To Stave Off Debt Accumulation
Two things that stood out in President Muhammadu Buhari’s 2021 budget presentation at the National Assembly last week are the desire to steer the economy away from racking up debts to increasing its revenue generation capacity...
PIB’ll Secure Future Of Nigeria’s Oil Industry, Says Kyari
Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, Monday, disclosed that the passage of the Petroleum Industry Bill, PIB, would effectively secure the future of Nigeria’s oil and gas industry and...
Consumers Paid N76.5bn Extra For Petrol After Deregulation
More than N76.5bn has been paid for the purchase of petrol by consumers since the downstream oil sector was deregulated in March this year.
After the Federal Government deregulated the downstream sector of the oil industry on March...
Nigeria Wastes Gas Worth N115bn In Seven Months
International oil companies and local players in the nation’s oil and gas industry flared natural gas worth an estimated N114.79bn from January to July this year.
The companies produced 1.64 trillion standard cubic feet of gas in the...
Downstream Sector Deregulation Will Boost Investments – NNPC
The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the nation’s refining capacity.
Group Managing Director of the Nigerian National Petroleum...
PIB Lists Functions Of New Agencies To Replace NNPC
The Petroleum Industry Bill 2020 has listed the specific functions of the three agencies that would replace the Nigerian National Petroleum Corporation when the proposed legislation is passed and assented to by President Muhammadu Buhari.
A copy...
