NUPRC Unveils Regulatory Framework for Asset Divestment in Oil and Gas Sector The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released the terms and conditions necessary for asset divestment, outlining the commission’s role and the due diligence processes that exiting International Oil Companies (IOCs) must adhere to for approval by the commission. As mandated by…
NITDA DG Urges Extensive ICT Investment to Ensure Inclusive Digital Access In a proactive move aimed at promoting inclusive access to digital infrastructure and services, Mallam Kashifu Abdullahi, the director-general of the National Information Technology Development Agency (NITDA), emphasized the importance of substantial investment in information and communication technology (ICT). The objective is to strengthen…
Labour has gone on strike four times within my nine months in government – Tinubu President Bola Tinubu yesterday threw jabs at the Nigeria Labour Congress (NLC) over its series of industrial actions, saying “calling four strikes against his administration that is barely nine months is unacceptable.” The president, who stated this at the official…
Mozambique Needs 100 Million Dollars for Rail Electrification The Mozambican government requires approximately $100 million to execute the pilot rail electrification project, stretching from Maputo city to the South African border at Ressano Garcia, covering a distance of 88 kilometers. Transport Minister Mateus Magala, addressing reporters in Maputo after a meeting with Dutch ambassador…
TotalEnergies Clinches ‘Upstream Company of the Year’ Award at 2024 NIES, Reinforcing Commitment to Sustainability and Growth in Nigeria TotalEnergies, a multinational energy company, has been honored with the prestigious title of “Upstream Company of the Year (2023)” at the ongoing Nigeria International Energy Summit (NIES) in Abuja. This notable recognition was announced during the…
Niger Delta Women Protest Shell’s On-Shore Asset Sale, Demand Environmental Cleanup Women from the Niger Delta region staged a peaceful protest against Shell’s unilateral decision to sell its onshore assets, neglecting the communities that have borne the brunt of decades of environmental degradation due to their operations. Organized by the Kebetkache Women Development & Resource…
Nigerian Army Unveils ‘New Dimension’ of Oil Theft in Rivers: Discovery of Deep, Illegal Wells In a startling revelation, the Nigerian Army has uncovered more than 40 illicit oil wells in the Rumuekpe community of Rivers State, Nigeria. Major General Jamal Abdussalam, the General Officer Commanding (GOC) of the 6 Division Army Headquarters in Port…
NNPC and OPEC commit to collaborating to draw in investments. The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to collaborate closely to fulfill the nation’s goals of attracting investments and enhancing production. This commitment was revealed by Olufemi Soneye, the chief corporate communications officer…
NIMASA and MWUN Collaborate on Seafarers’ Mental Health In a recent meeting held at the Nigerian Maritime Administration and Safety Agency (NIMASA) headquarters in Lagos, Dr. Bashir Jamoh, the Director General, and Comrade Adewale Adeyanju, President General of the Maritime Workers Union of Nigeria (MWUN), convened to discuss the mental well-being of seafarers. Dr. Jamoh…
N.I.E.S 2024: A Crucial Platform for Energy Sector Recovery – Ogbeifun Ms. Iroghama Ogbeifun, the Managing Director/Chief Executive Officer of Starzs Investments Company Limited (SICL), has highlighted the importance of the forthcoming Nigeria International Energy Summit (N.I.E.S) 2024 as a crucial platform for strategizing the recovery of the Nigerian energy sector. Speaking to journalists in…
