The federal government has said it will push for bold and radical reforms as global oil prices plummet. The COVID-19 had dragged oil price down to $31.78 per barrel. “What we will need to do is something that is bold, radical and one that our people can understand and buy into,” Osinbajo said in an…
Energy ministers from the OPEC+ oil cartel would conduct a video conference on Monday, in an effort to find a way to stabilize prices for the commodity, Azerbaijan announced on Friday. “This meeting is being held at the invitation of the kingdom of Saudi Arabia after the talks mediated by U.S. President Donald Trump,” Azerbaijan’s…
… As NCDC team disinfects affected apartment The Nigerian National Petroleum Corporation (NNPC) has explained the circumstances of the reported COVID-19 infected individual at an apartment in the NNPC Estate in the Garki Area of Abuja, the Federal Capital Territory (FCT. NNPC dismissed insinuation of mass outbreak of Coronavirus infection in the facility, saying the…
Dr Olufemi Oke-Osanyintolu, the Director-General, Lagos State Emergency Management Agency (LASEMA), said on Saturday that the agency monitored the repair of the vandalised pipeline at Mosan, Ipaja, Lagos State, by officials of the Nigerian National Petroleum Corporation (NNPC). Oke-Osanyintolu made this known in Lagos. According to him, as early as 8 a.m. we were…
… NNPC announces additional N10billion petroleum industry donation to fight pandemic The Minister of State for Petroleum Resources, Chief Timipre Sylva, has handed over five ambulances to Secretary to Government of the Federation, cum Chairman of the Presidential Taskforce for the Control of Coronavirus (Covid-19), Boss Mustapha. A release today in Abuja by the Nigerian…
The Nigerian National Petroleum Corporation (NNPC) has commended Petroleum Tanker Drivers (PTD) for their sacrifice ferrying petroleum products across the nook and cranny of the Country, a release by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, has said. The release stated that the tanker drivers’ selfless service during the lockdown…
President Buhari writes…* Over the last few days I have received extensive briefings on the state of the nation as it relates to the Covid-19 pandemic, from the relevant Federal Government agencies as well as the Lagos State Government. Accordingly, I approved the following: The immediate release of a 10 billion Naira grant to Lagos…
The Nigerian Electricity Regulatory Commission had postponed the enforcement of its prospered 2019 Multi- Year Tariff Order (MYTO) by three months as part of the measures for cushioning the pains of the COVID-19. The Minister of Power, Engr. Saleh Mamman made this disclosure in a statement. According to him, the decision was one of the…
The Nigerian Shippers’ Council (NSC) has called for synergy among port users and agencies to support the Federal Government efforts to contain spread of Coronavirus pandemic and sustain port operations. The Executive Secretary of NSC, Mr Hassan Bello made the appeal in a statement on Tuesday in Lagos. Bello said that movement should be restricted…
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has expressed confidence in Federal Government’s response measure to control and contain outbreak of theCOVID-19 pandemic. The association also declared full support for government’s response measures through reduction of fuel pump prices to N123.5k and further promised to complement efforts in fights against COVID-19 outbreak….