Power Minister Assures Nigerians of Grid Stability Amidst 12 Grid Collapses in 2024 Despite 12 grid collapses recorded in 2024, Minister of Power, Adebayo Adelabu, has assured Nigerians of significant improvements in grid stability with the completion of phase one of the Presidential Power Initiative (PPI), also known as the Siemens project. Speaking after a…
First E&P CEO Adeyemi-Bero Named OPEC Governor for Nigeria The Managing Director and CEO of First E&P, Mr. Ademola Adeyemi-Bero, has been appointed as Nigeria’s Governor for the Organisation of the Petroleum Exporting Countries (OPEC) and Chairman of the OPEC Board of Governors for 2025. According to a statement by Nneamaka Okafor, Special Adviser on…
Chevron Nigeria Named Energy Company of the Year for Sustainability and CSR Efforts Chevron Nigeria Limited (CNL) has been recognized as the “Energy Company of the Year (2024)” for its outstanding achievements in environmental sustainability and corporate social responsibility. The award, presented by Nigerian News Direct on Friday, December 6, 2024, highlights Chevron’s ongoing commitment…
NUPRC Reaffirms Commitment to Eradicating Corruption in the Upstream Petroleum Sector The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reiterated its unwavering dedication to eliminating corruption in the upstream petroleum sector. This pledge, according to Chief Executive Gbenga Komolafe, aligns with the principles enshrined in the Petroleum Industry Act 2021 (PIA), which prioritizes transparency, good…
Information Minister Idris to Chair IPI Nigeria Conference as Prominent Dignitaries Confirm Attendance Nigeria’s Minister of Information and National Orientation, Mohammed Idris, will chair the highly anticipated 2024 conference of the Nigerian chapter of the International Press Institute (IPI). The event is set to take place on Wednesday, December 11, at the Abuja Continental Hotel,…
CAMAN Urges Action Against Counterfeit Cables to Safeguard Local Industry and Public Safety …identifies the use of magnets to differentiate genuine from fake cables. The Cable Manufacturers Association of Nigeria (CAMAN) has raised serious concerns about the detrimental impact of counterfeit cables on the lives, properties, and safety of Nigeria’s electrical infrastructure. This challenge…
Press Release: NCDMB Underlines Commitment to Anti-corruption Initiatives, Awards Prizes to Winners of Debate Contest The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to preventive mechanism against corrupt practices in its internal operations and interface with stakeholders as well as transparency in local content implementation processes. The Executive Secretary of the…
PRESS RELEASE Nigerian Content Level Hits 56% as Ministers, Stakeholders Hail NCDMB on Developmental Initiatives … NCDMB, BoI Sign Agreement on N15bn Community Contractor Fund The Nigerian Content performance level in the oil and gas industry has hit 56 percent in 2024, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola…
Port Harcourt Refinery Operational, NNPC Confirms Invites Skeptics for On-Site Tour of Facilities The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed that the Old Port Harcourt Refinery is fully operational, with active loading activities underway. This was disclosed by the Group Chief Executive Officer, Mr. Mele Kyari, during the commissioning of the NUPENG…
Shell Awards $1.98 Billion Contracts to Local Nigerian Companies in 2023 Reaffirms Commitment to Nigerian Content at the Practical Nigerian Content Forum Shell Companies in Nigeria have demonstrated a robust commitment to local content by awarding $1.98 billion in contracts to Nigerian businesses in 2023. This marks a 3% increase from the $1.92 billion recorded…