NGA President, Executives visits Petroleum Minister In furtherance to the Gas Business priority of the Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva, he received a delegation of the top executive members of the Nigerian Gas Association led by the President, Audrey Joe-Ezigbo, today in Abuja, Nigeria. The President of the Nigerian…
The Federal Government of Nigeria has approved the ‘Pioneer Status’ incentive for TechnoGas Liquefied Petroleum Gas (LPG) Cylinder Manufacturing Plant. It would be recalled that the first fully indigenous automated LPG cylinder manufacturing plant of Techno Oil Limited was commissioned by Vice President Yemi Osinbajo on June at Kajola in Lagos State. The waiver of…
The Nigerian Association of Liquefied Petroleum Gas Marketers(NALPGAM) has urged importers of cooking gas cylinders to comply with the standards set by the regulatory agencies to enhance safety in the industry. Its President, Mr Nosa Ogieva-Okunbor, gave the advice in Lagos on Tuesday while reacting to the recent destruction of over 5,000 substandard Liquefied Petroleum…
Oil prices drop as fears over trade war, weaker demand return to haunt marke Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early…
Lagos State Government says its investment in technology and innovation was a deliberate effort to make Lagos Africa’s foremost centre of innovation. Lagos State Governor, Babajide Sanwo-Olu, said this on Monday in Ikeja, during a courtesy visit by the Management Team of Oracle Africa, led by the Group’s Country Director, Mr Adebayo Sanni. Sanwo-Olu said…
The Executive Vice Chairman (EVC), Nigeria Communications Commission (NCC), Prof. Umar Danbatta has advised the Federal Government to remain competitive so as to fulfil local demand in the ICT sector. Danbatta, who was represented by the Director of New Media and Information Security, NCC, Dr Haru Alhassan, gave the advice at an ICT forum on…
The Electricity Distribution Companies (DisCos) say their revenue has increase by N43 billion in the last one year.Mr Sunday Oduntan, Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED) disclosed this in a statement in Abuja on Tuesday. Oduntan said that the increase has reduced their Aggregate Technical, Commercial and Collection (ATC&C) losses to…
Alhaja Muinat Bello-Zagi, Operations Controller, Department of Petroleum Resources (DPR), Abeokuta Field Office, on Tuesday said that 70 per cent of gas facilities in Ado-Odo/Ota Local Government Area of Ogun were illegal. Bello-Zagi made this known while speaking at the 2nd Annual General Meeting of the DPR, Abeokuta Field Office, held in Abeokuta. The theme…
Mr Olasupo Agbaje, General Manager, Gas and Renewable Energy, Petroleum Products Pricing Regulatory Agency, said the agency would release a Liquefied Petroleum Gas (LPG), known as cooking gas, pricing template latest by mid 2020. Agbaje disclosed this at an interactive retreat on understanding the dynamics of downstream sector of the petroleum industry in Abuja on…
The Minister of Power, Mr Sale Mamman, has urged stakeholders in the power industry to work together to effectively deliver on their mandate. Mrs Etore Thomas, Deputy Director, Press, Ministry of Power, in a statement in Abuja on Tuesday, said the minister made the call in a keynote address at the opening of a two-day retreat organised for…