Customs Command, Apapa Collects N11.3bn Revenue in One Day The Apapa Command of Nigeria Customs Service has achieved a landmark revenue collection feat with the generation of N11.3 billion on November 22, 2023 thereby surpasssing the existing highest daily collection record of N10 billion, which was achieved on August 3, 2023. Customs Area Controller (CAC)…
NUPRC Launches Service Charter in Collaboration with SERVICOM The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has launched its service charter in collaboration with Service Compact, SERVICOM, at the Commission’s headquarters in Jabi, Abuja. The charter outlines guidelines for operators in the upstream petroleum industry and emphasises the obligations of NUPRC as a regulator as well…
Adopt Tunneling, Underground Space Development to transform Nigeria’s economy — Experts Nigeria and other African nations have been urged to embrace Tunneling and Underground Space Development as a strategy for achieving sustainable economic development. The indigenous and foreign experts, made the call at the just-concluded 4th Nigeria Tunneling and Underground Space Conference in Lagos, with…
Protest at Chevron Nigeria Limited’s Terminal and Escravos Gas to Liquid Jetties in Escravos Lagos, Nigeria, November 21, 2023: Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL (“NNPCL/CNL JV”), confirms that at about 7am on November 21, 2023, boats conveying some protesters started patrolling along CNL’s…
Unleashing Nigeria’s Industrial Potential through Gas In the quest for economic development and sustainable industrial growth, Nigeria stands at a crossroad, facing numerous challenges and opportunities. Among these is the need to address energy poverty and its attendant cost implications. Nigeria is well-endowed with abundant natural gas reserves, with an estimated 208.83 trillion cubic feet…
NESI and the 2023 Electricity Act The Electricity Act, 2023, (“the Act”) was signed into law by His Excellency, President Bola Ahmed Tinubu, GCFR, on 6 June 2023. The Act was passed in light of the Federal Government’s initiatives to accelerate Nigeria’s energy transition process as well as consolidate the regulation of the Nigerian Electricity…
Niger Delta Ex-Agitators to Petition ICJ Over Crude Oil Sales Ex-agitators in the Niger Delta have vowed to petition the International Court of Justice, should President Bola Ahmed Tinubu failed to probe the three-year upfront crude oil sale, allegedly carried out by the Buhari-led administration, with proceeds carted away before handover. The National Secretary, First…
Nigeria Up Production Ahead Of OPEC+ Meeting Nigeria is ramping up its production targets ahead of a pivotal OPEC+ meeting set to decide on matters including how much oil Africa’s biggest crude producer should aim to pump next year. Nigeria was producing 1.7 million barrels per day of crude and condensates as of Nov. 17…
Lokpobiri pledges full support for expansion plans of Waltersmith Refinery The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has pledged his full support for the expansion plans of Waltersmith Refinery. The Minister made this pledge during his official visit to the Waltersmith Refinery located in Ibigwe, Imo State. During the visit, Lokpobiri expressed…
Ivorian President, Eni CEO Celebrate Production Start-up from Baleine Field By Ikenna Omeje The President of Cote d’Ivoire Alassane Ouattara and Eni CEO Claudio Descalzi, on Thursday, met in Abidjan to celebrate production start-up from the Baleine Field. Ouattara and Descalzi also reviewed Eni’s activities in the country. Located off the eastern coast of Cote…
