By Ikenna Omeje As the oil and gas industry continues to confront the disruptions and economic challenges occasioned by Covid-19 global pandemic, the Department of Petroleum Resources (DPR) has charged oil and gas companies in Nigeria to ensure prompt payment of all remunerations and allowances to their employees. The regulatory body, which disclosed this in…
By Mordi Chukwunonso Esther The National Youth Service Corps has declared its readiness to partner National Agricultural Land Development Authority in its effort of achieving food security in Nigeria. This was disclosed by the NYSC Director-General, Brigadier General Shuaibu Ibrahim in his office in Abuja on Thursday when the Executive Secretary of NALDA, Prince Paul…
Daniel Terungwa The Federal Government has called for collaboration and cooperation of West African leaders in monitoring and halting illegal trans-border trade of solid minerals within the West African Sub-region with a view to deriving their maximum economic benefit. The Minister of State, Mines and Steel Development, Dr Uchechukwu Sampson Ogah, stated this at the…
By Mordi Chukwunonso Esther The African Department of the International Monetary Fund has said that the peaceful #EndSARS protest in the country, which has caused civil unrest in Nigeria, is not just against police brutality but also unemployment, poverty. The Board blamed the civil unrest and the social instability in the Nation on the economic…
Total has delivered its first shipment of carbon neutral liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC), a release by the company has said. According to the release, the loading operation was carried out at the Ichthys liquefaction plant in Australia, and the shipment was delivered on September 29 to the Dapeng…
By Ikenna Omeje The Eko Electricity Distribution Company (EKEDC) has denied responsibility for the power outage that occurred at the Lekki Tollgate on Tuesday. It would be recalled that some End SARS protesters were shot at the tollgate, after the lights and cameras were allegedly switched off. In a statement by the General Manager, Corporate…
By Ikenna Omeje The imminent expiration of Production Sharing Contracts (PSC), Production Sharing Agreements (PSA) and fiscal uncertainty, have put Nigeria’s deep water in deep trouble, Renaissance Capital has said. Renaissance, which is a leading emerging and frontier markets investment bank providing access to over 50 markets across the globe with operations in Africa, Central and…
Daniel Terungwa The Maritime Workers Union of Nigeria (MWUN) has condemned the burning of the Nigerian Ports Authority (NPA) headquarters in Marina, Lagos by suspected Protesters. President-General of the union, Comrade Adewale Adeyanju, who noted the rights of the youths to protest, however said that vandalism of a critical facility like NPA will not only…
Daniel Terungwa The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to withdraw its services nationwide to honour Nigerian youth killed during the use of live bullets on peaceful #EndSARS protesters in Lekki, on Tuesday night; if the government failed to immediately produce the perpetrators of the dastardly act. Both PENGASSAN…
By Ikenna Omeje Italian energy giant, Eni, has been included, for the second year in a row, among the 10 companies with the best sustainability reporting in the World Business Council for Sustainable Development (WBCSD)’s analysis. The WBCSD analysis is carried out annually to improve companies’ actions towards a sustainable transition. This year’s edition assessed…
