Rivers state’s air pollution caused by FG’s inability to provide petroleum products – Stakeholders

Rivers state’s air pollution caused by FG’s inability to provide petroleum products – Stakeholders

Bymajorwavesen

Stakeholders in Rivers State have blamed the black soot occurrence and air pollution in the state on Federal Government’s failure to adequately provide petroleum products in the country. The stakeholders, comprising academics, environmentalists, traditional rulers, civil society organisations (CSOs), oil and gas regulatory agencies and security personnel, among others, argued that the gap created room…

Shell explains its local content strategy for Nigeria

Shell explains its local content strategy for Nigeria

Bymajorwavesen

The Shell Nigeria Exploration and Production Company (SNEPCo), says its local content strategy was built around the national framework as developed by the Nigeria Content Development and Monitoring Board. Bayo Ojulari, its Managing Director, who stated this at the company’s recent local content exhibition in Lagos, also explained that the strategy places strong emphasis on…

Lack of oil & gas sector reforms shutting out investors – Afrinvest
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Lack of oil & gas sector reforms shutting out investors – Afrinvest

Bymajorwavesen

Nigeria is shutting out potential investors in its oil and gas sector with the delay in passing the various reforms bills expected to open up the sector for more investments. The group managing director, Afrinvest West Africa Limited, Ike Chioke, revealed a report which said this yesterday. The report noted: “Reminiscent of a huge blast from…

Nigeria electrifies other countries while it remains in darkness – NCDMB boss

Nigeria electrifies other countries while it remains in darkness – NCDMB boss

Bymajorwavesen

While Nigeria remains in darkness, the country however sells to other countries, an average of 22 million metric tons per annum (mtpa) of liquefied natural gas (LNG) to provide electricity that powers their homes and industries, the Executive Secretary of the Nigerian Content Development Management Board (NCDMB), Mr. Simbi Wabote, has disclosed. Wabote, equally said…

‘Power firms gain nothing from blackouts’ – Sahara Power MD

‘Power firms gain nothing from blackouts’ – Sahara Power MD

Bymajorwavesen

The Group Managing Director, Sahara Power Group, Mr Kola Adesina, has said power firms do not gain anything from blackouts as their business is to sell electricity to consumers. Adesina stated this on Monday in Lagos, adding that the absence of cost-reflective tariff was limiting the power providers’ capacity to deliver better services. He said;…

Chinese mining firm to begin exploration, mining in Nigeria

Bymajorwavesen

A Chinese mining giant, Jin Bao Rong Group of Companies, said it is commencing exploration and mining operations soon in the Nigerian mining sector based on the improved business environment. Chief Executive Officer, Jin Bao Rong Group of Companies, Zhang Fenglan, who visited the Minister of State for Mines and Steel Development, Abubakar Bwari, last…

NSCDC in Edo intercepts 45,000ltrs of illegally-refined petroleum products

NSCDC in Edo intercepts 45,000ltrs of illegally-refined petroleum products

Bymajorwavesen

The Nigeria Security and Civil Defence Corps (NSCDC), Edo Command, has intercepted a truck laden with 45,000 litres of suspected illegally-refined petroleum products. Mr Makinde Ayinla, the State Commandant of the NSCDC, made the disclosure to Newsmen in Benin on Tuesday. Ayinla said that the truck was intercepted at Aduwawa area on Benin/Auchi road. He…

Row as senate probes alleged $3.5b subsidy recovery fund
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Row as senate probes alleged $3.5b subsidy recovery fund

Bymajorwavesen

The Senate has resolved to set up an ad hoc committee to investigate $3.5 billion Subsidy Recovery Fund, allegedly created by “the Nigerian National Petroleum Corporation (NNPC) and solely managed by its Group Managing Director and the Executive Director, Finance’.’ The decision followed a Point of Order raised by the Senate Minority Leader, Senate Abiodun…

Stop This Claptrap! Stop Linking Capt. Hosa Okunbo With Oil Swap Deal
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Stop This Claptrap! Stop Linking Capt. Hosa Okunbo With Oil Swap Deal

Bymajorwavesen

Respected businessman cum philanthropist, Captain Hosa Okunbo, has caused to be issued again a statement dissociating him from the controversial oil swap deal involving former Minister of Petroleum, Mrs Diezani Allison-Madueke. An unverified news report currently being circulated among Whatsapp users, which listed some Nigerian businessmen as beneficiaries of the said fraud, is a rehash…

Abuja rail running below 100km/h because we don’t want to kill cows –Amaechi

Abuja rail running below 100km/h because we don’t want to kill cows –Amaechi

Bymajorwavesen

The minister of transportation, Rotimi Amaechi, has said that the Abuja-Kaduna rail line cannot run faster that 90 kilometres per hour because “we don’t want to kill cow.” PDP presidency: Nigeria’ll be worse if PDP returns in 2019 – Balarabe Musa Amaechi According to him, there are cows everywhere between Abuja to Kaduna and the…