Nigerian Army Unveils ‘New Dimension’ of Oil Theft in Rivers: Discovery of Deep, Illegal Wells In a startling revelation, the Nigerian Army has uncovered more than 40 illicit oil wells in the Rumuekpe community of Rivers State, Nigeria. Major General Jamal Abdussalam, the General Officer Commanding (GOC) of the 6 Division Army Headquarters in Port…
NNPC and OPEC commit to collaborating to draw in investments. The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to collaborate closely to fulfill the nation’s goals of attracting investments and enhancing production. This commitment was revealed by Olufemi Soneye, the chief corporate communications officer…
NIMASA and MWUN Collaborate on Seafarers’ Mental Health In a recent meeting held at the Nigerian Maritime Administration and Safety Agency (NIMASA) headquarters in Lagos, Dr. Bashir Jamoh, the Director General, and Comrade Adewale Adeyanju, President General of the Maritime Workers Union of Nigeria (MWUN), convened to discuss the mental well-being of seafarers. Dr. Jamoh…
N.I.E.S 2024: A Crucial Platform for Energy Sector Recovery – Ogbeifun Ms. Iroghama Ogbeifun, the Managing Director/Chief Executive Officer of Starzs Investments Company Limited (SICL), has highlighted the importance of the forthcoming Nigeria International Energy Summit (N.I.E.S) 2024 as a crucial platform for strategizing the recovery of the Nigerian energy sector. Speaking to journalists in…
Nigeria Secures 60% Share of Afreximbank’s $30 Billion Oil and Gas Funding The African Export-Import Bank has disclosed that it has emerged as the primary financier of oil and gas projects across Africa. The bank noted that it has invested $30 billion in industry projects, with Nigeria receiving 60% of this investment despite reduced global…
Nigerian Navy reports a decrease in crude theft and maritime crimes in the Niger Delta region. Nigerian Navy Ship Delta revealed on Tuesday that there has been a noticeable decline in the occurrence of crude oil theft and other maritime crimes within the Niger Delta region. During a farewell parade held in his honor at…
Economic Diversification: Tinubu and Alake’s Push for Solid Minerals Development The ongoing developments in the solid mineral sector have been exceptionally promising, making significant strides in President Bola Ahmed Tinubu’s administration’s economic diversification agenda. This progress can largely be attributed to the effective leadership within the Ministry of Solid Minerals. One of the most notable…
UN adopts global decarboniation strategy in road, rail, waterway transport UN member States advanced significantly towards sustainable, low-carbon mobility with the recent adoption of the Inland Transport Committee’s (ITC) Strategy on Reducing Greenhouse Gas Emissions from Inland Transport. Mark Harbers, Minister of Infrastructure and Water Management of The Netherlands, emphasized the significance of this initiative,…
Nigerian government plans to enhance Infrastructure for Nationwide Seismic Monitoring The Nigerian government affirms its commitment to allocating resources for the expansion of seismic monitoring equipment nationwide, enhancing the nation’s readiness to mitigate the impact of natural disasters. Speaking at the commissioning of the Nigeria Geological Survey Agency (NGSA) National Seismic Monitoring Station-5 in Katampe,…
APC Chieftain Cautions Tinubu Against Electricity Subsidy Removal Ambassador (Dr) Ibrahim Tajudeen Olesin, a prominent figure within the All Progressives Congress (APC), has issued a cautionary message to President Bola Ahmed Tinubu regarding the removal of electricity subsidies. He warns that such a move, prompted by the International Monetary Fund (IMF) among others, could significantly…
