…we cannot afford to do one thing." He maintained that Nigeria must pursue AI alongside petroleum development, rail infrastructure and space technology rather than waiting to address each area sequentially. What you should know The Nigeria Data Protection Commission has announced plans to review the Nigeria Data Protect…
…"Those are roles the National Assembly should be playing for you", he said. On the Petroleum Bill and Outdated Laws Saraki noted that many of Nigeria's laws are outdated, some written in the 1970s and no longer applicable to modern business. Said he: "The Petroleum Industry Bill was not passed for 25 years. In the 8th…
…of environment and health, is collaborating with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Department of Geology, Olabisi Onabanjo University, to determine the root cause of the incident. "Twice now, we have recorded cases of pollution in this school and some neighboring scho…
…eventually proceeded simultaneously in most locations. Chairman of the Nigerian Upstream Petroleum Regulatory Commission, Senator Magnus Abe, voted at Ward 16 in Bere community, Gokana LGA, at about 10:20 a.m. Speaking after voting, Abe described the process as peaceful and expressed optimism about the overall conduct…
…with the Ministries of Environment and Health, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and experts from Olabisi Onabanjo University to investigate possible geological causes, including suspected fault lines. "Preliminary findings suggest there may be geological factors involved, p…
… As Rivers South East elects senator Magnus Abe, Executive Chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has
…to work. They destroyed my reputation and my integrity," she told the BBC. The former petroleum minister, who served under former President Goodluck Jonathan between 2010 and 2015, said the restrictions placed on her throughout the investigation had taken a significant psychological toll. "When your freedom is taken aw…
Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, has lamented that the UK authorities destroyed her reputation in a failed prosecution that left her traumatic. Alison-Madueke said this on Friday in an interview with the BBC, stressing that the 13 year investigation by the UK's National Crime Ag…
…thriving on the present crisis, the President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr. Edu Iyang, blamed the development on a shortage in LPG supply. He lamented that marketers now pay as much as N30 million, depending on location, for 20 metric tonnes of cooking gas. He observed…
… Describes 13-yr NCA probe as painful, traumatic By Nkiruka Nnorom Former Minister of Petroleum Resources, Diezani Alison-Madueke, said the UK authorities destroyed her reputation in a failed prosecution that left her traumatic, after she was cleared of bribery charges at Southwark Crown Court on Wednesday. Speaking i…
…media aide, Laolu Akande, says the UK court’s acquittal of former Minister of Petroleum Resources, Diezani Alison-Madueke, is not enough, urging her to return to Nigeria and clear her name. Akande made the call on Friday while speaking in an interview on Channels Television’s ‘The Morning Brief’. He insisted that Aliso…
…programme valued at approximately $40 billion to expand both its fertiliser and petroleum refining businesses. As part of the strategy, the group aims to quadruple fertiliser production from 3 million tonnes per annum to 12 million tonnes annually, a move that could make it the world's largest urea fertiliser producer.
…bribes and one count of conspiracy to commit bribery brought against the former petroleum minister after more than 46 hours of deliberation. Alison-Madueke, who served as Nigeria's petroleum minister between 2010 and 2015 under former President Goodluck Jonathan, consistently denied the allegations throughout the trial…
Mrs. Uju Igbokwe, Chairperson of the Society of Petroleum Engineers (SPE) Lagos Section and Secretary of the Society of Petroleum Engineers (SPE) Nigeria Council, has emphasized the importance of gas, collaboration and youth development in advancing Nigeria’s energy future. Speaking at the opening of Lagos Energy Week…
…likely be remembered as one of the most transformative periods in Nigeria's downstream petroleum industry. The continued implementation of market-based fuel pricing, changing supply-chain dynamics, and increasing domestic refining capacity reshaped competitive conditions across the sector. While these structural reform…
"This indicated an organised effort to move illicit petroleum products from remote creek locations into commercial distribution channels." The Navy said the operation also exposed a suspected supply route used by oil thieves and illegal refiners to move products from hidden refining camps in the creeks to buyers and di…
…trend. The association said the moderation in crude prices should translate into lower petroleum product prices in Nigeria. "Brent crude has fallen to approximately $77-$78 per barrel following the ceasefire agreement between the United States and Iran and expectations that oil exports through the Strait of Hormuz will…
The Nigerian Ports Authority, NPA, has disclosed that 24 ships are currently discharging petroleum products and other commodities at the Apapa, Lekki Deep Sea and Tin-Can Island ports in Lagos State. According to the authority, the vessels are offloading various consignments, including bulk wheat, bulk salt, general ca…