NNPC seeks downward review of oil production cost

NNPC seeks downward review of oil production cost

Lagos — The new group managing director of the Nigerian Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari is seeking the co-operation of oil exploration and producing companies for a downward review of the cost structure of crude oil production in the country. Speaking when the management of Chevron Nigeria Limited, CNL, led by its Managing…

Refinery: NNPC not in competition with Dangote – Kyari
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Refinery: NNPC not in competition with Dangote – Kyari

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation is not in contest for market share with the forthcoming Dangote Refinery. Kyari disclosed this in a statement signed by Mr Ndu Ughamadu the spokesman for the Corporation, in Abuja, on Wednesday. He said that NNPC focus…

NLNG, Rivers government, Bonny set up health insurance scheme

NLNG, Rivers government, Bonny set up health insurance scheme

THE Nigeria LNG Limited, NLNG, Rivers State Government and Grand Bonny Kingdomn yesterday inaugurated the Governing Board of the Bonny Community Health Insurance Programme, kicking off a scheme to ease financing and access to quality healthcare in Bonny Kingdom. The inauguration, which took place at the Rivers State Government Secretariat, is coming after the signing…

NCC intervention fund: N500m yet to be accessed by schools – Danbatta

NCC intervention fund: N500m yet to be accessed by schools – Danbatta

Executive Vice Chairman, Nigerian Communication Commission (NCC),  Prof. Umar Dambatta, says the N500 million NCC Special Social Intervention Fund is yet to be accessed by public schools in the country. Dambatta said this on Tuesday in Kano at the opening of a  2-day Kano Social Influencers’ Summit organised by the Centre of Information Technology and…

Shell remodels, equips Kolo General Hospital to commemorate oil discovery in Bayelsa

Shell remodels, equips Kolo General Hospital to commemorate oil discovery in Bayelsa

Shell Petroleum Development Company (SPDC) on Tuesday inaugurated the remodelled and upgraded Kolo General Hospital as part of the activities lined up to commemorate the discovery of oil in commercial quantity in Oloibiri, Bayelsa. Speaking at the event, Mr Osagie Okunbor, the Managing Director of SPDC said that Oloibiri occupied a pride of place in…

35% filling stations under dispense fuel in Port Harcourt – DPR
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35% filling stations under dispense fuel in Port Harcourt – DPR

No fewer than 35 per cent of filling stations in Port Harcourt willingly adjusted their meters with intent to cheat unsuspecting customers, the Department of Petroleum Resources (DPR) said. Mr Bassey Nkanga, Operations Controller, DPR, Port Harcourt Zone, made the disclosure at a meeting with petroleum marketers in Port Harcourt on Tuesday. Stakeholders at the…

IBEDC to commence metering on Aug. 1 under MAP scheme

IBEDC to commence metering on Aug. 1 under MAP scheme

The management of Ibadan Electricity Distribution Company (lBEDC) says it will start effective metering on Aug. 1 under the Meter Assess Providers (MAPs) scheme to consumers within its franchise areas. Its Chief Operating Officer, Mr John Ayodele, made this known at the IBEDC Town Hall meeting in Ibadan to sensitisation customers on the need for…

Solar power beneficiaries in Ondo communities to pay N500 monthly billing

Solar power beneficiaries in Ondo communities to pay N500 monthly billing

Beneficiaries of the stand-alone solar power in Upare and Igbobini communities in Ilaje Local Government Area of Ondo State are to pay N200 to N500 monthly billing per household. The decision was reached on Monday at stakeholders’ meetings held in each of the communities with officials of Office of Public Utilities (OPU) and the power…