Author: majorwavesen

NEWS | Research and Development | Social Investment | Sustainability | Sustainable Development Goals

Tech Firms, Experts Prepare for IMC TTSWG’s Innovation Challenge in Lagos
Bymajorwavesen November 9, 2023

Tech Firms, Experts Prepare for IMC TTSWG’s Innovation Challenge in Lagos Stakeholders in the Nigerian technology sector are ready for the Telecommunication and Technology Sustainability Working Group, TTSWG, sponsored Innovation Makers Challenge (IMC). The organizers of the conference have unveiled its groundbreaking sustainability initiative Innovation Makers’ Challenge, a resolute commitment to shaping a greener, more…

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OIL AND GAS

Nigeria’s State Oil Firm Launches New ‘Nembe’ Grade Of Crude
Bymajorwavesen November 8, 2023

Nigeria’s State Oil Firm Launches New ‘Nembe’ Grade Of Crude Nigeria’s state oil firm NNPC Ltd on Tuesday said it had launched a new grade of crude called Nembe, as Africa’s largest oil producer aims to ramp up crude production. The country has long dealt with output declines due to crude theft, attacks on pipelines…

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POWER

Adelabu Tasks NEMSA on Inspection of Discos, Gencos Installations
Bymajorwavesen November 8, 2023

Adelabu Tasks NEMSA on Inspection of Discos, Gencos Installations Minister of Power, Chief Adebayo Adelabu, has urged the Nigerian Electricity Management Services Agency (NEMSA) to diligently implement its Service Charter 2023. This Charter mandates the agency to conduct technical inspectorate services on installations belonging to Distribution Companies (DisCos), Generation Companies (GenCos), and the Transmission Company…

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OIL AND GAS | NEWS

Pipeline Vandalism Cost Nigeria N471 Billion in 5 Years: 7,143 Cases Recorded – NEITI
Bymajorwavesen November 8, 2023

Pipeline Vandalism Cost Nigeria N471 Billion in 5 Years: 7,143 Cases Recorded – NEITI NEITI has said Nigeria recorded 7,143 pipeline vandalism cases in 5 years resulting in N471 billion spent on repairs. This is according to Dr. Ogbonnaya Orji, the Executive Secretary of the Nigerian Extractives Industries Transparency Initiative (NEITI). Dr. Orji said this…

Read More Pipeline Vandalism Cost Nigeria N471 Billion in 5 Years: 7,143 Cases Recorded – NEITI
OIL AND GAS | NEWS

The Dillema of Subsidy Payment
Bymajorwavesen November 8, 2023

The Dillema of Subsidy Payment Subsidy payment has been an albatross to Nigerian governments as previous administrations have struggled with it and suffocated the country’s economy even international financial agencies like the International Monetary Fund (IMF) has supported its removal. Petrol subsidy has created a colossal hole in the nation’s revenue. In 2021 1.7 trillion…

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OIL AND GAS | NEWS

Editor of Realnews Raises Alarm Over $18bn Lost Yearly To Illicit Financial Flows by Nigeria
Bymajorwavesen November 8, 2023

Editor of Realnews Raises Alarm Over $18bn Lost Yearly To Illicit Financial Flows by Nigeria The Editor of Realnews, Maureen Chigbo, has said that $18 billion is lost yearly to illicit financial flows, Iffs, through the banking sector despite the effort of the Central Bank of Nigeria, CBN, and other regulating institution in the sector…

Read More Editor of Realnews Raises Alarm Over $18bn Lost Yearly To Illicit Financial Flows by Nigeria
OIL AND GAS

NNPC/Aiteo Joint Venture Launches New Crude Oil Grade Nembe
Bymajorwavesen November 8, 2023

NNPC/Aiteo Joint Venture Launches New Crude Oil Grade Nembe The NNPC/Aiteo Joint venture has launched a new crude oil grade into the international crude oil market, known as Nembe Crude Oil Grade. The announcement was made on Tuesday at the ongoing Argus European Crude Conference in London, United Kingdom, according to a statement by the…

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OIL AND GAS

Tinubu Appoints Three New Executive Commissioners for NUPRC
Bymajorwavesen November 8, 2023

Tinubu Appoints Three New Executive Commissioners for NUPRC President Bola Tinubu has appointed three new Executive Commissioners for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). He also approved the redeployment of one current Executive Commissioner. This was disclosed on Tuesday by the Special Adviser to the President (Media & Publicity), Chief Ajuri Ngelale. The new…

Read More Tinubu Appoints Three New Executive Commissioners for NUPRC
POWER | RENEWABLE ENERGY

UK’s National Grid to Speed Up 20GW of Clean Energy Projects
Bymajorwavesen November 8, 2023

UK’s National Grid to Speed Up 20GW of Clean Energy Projects National Grid (NG.L) said on Monday it was speeding up the connection of up to 20 gigawatts (GW) of clean energy projects to its electricity transmission and distribution networks in England and Wales. [custom-related-posts title=”Related Posts” none_text=”None found” order_by=”title” order=”ASC”] The company, which runs…

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OIL AND GAS

NLNG’s Unwavering Commitment to Local Content Development in Nigeria
Bymajorwavesen November 8, 2023

NLNG’s Unwavering Commitment to Local Content Development in Nigeria Nigeria LNG Limited (NLNG) last weekend hosted the Nigerian Content Stakeholders Retreat at its plant complex in Bonny, in demonstration of its unwavering commitment to the advancement of local content in Nigeria. The three days event provided a platform for the cohesion of NLNG’s vision of…

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