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Oil and Gas

Group Challenges NNPC Limited’s Oil Theft Claims in Niger Delta, Sends Strong Message to President Tinubu

The Movement for Sustainable Development of the Niger Delta (MSDND) has voiced concerns over the Nigerian National Petroleum Company Limited (NNPC Limited) and its managing director, Mr. Mele Kyari’s allegations of rampant oil theft in the Niger Delta, sending strong…

NNPCL Declares “War” on Crude Oil Production

The Nigerian National Petroleum Company Limited (NNPCL) has declared that a state of emergency has been announced regarding crude oil production in Nigeria. The company declared war against all factors militating against crude oil production in Nigeria. Mele Kyari, Group…

Nigerians React As Dangote Refinery Contains Minor Fire

The Dangote Refinery has contained a minor fire at its effluent treatment plant, the Nigeria’s privately owned company said. According to a post on its social media platforms, Dangote Industries Limited said, “We have swiftly contained a minor fire incident…

Revealed! Tinubu’s Government To N5.4trn Oil Subsidy in 2024

Despite several denials, President Bola Ahmed Tinubu government has concluded plans to spend up to N5.4 trillion on oil subsidies in 2024. This comes after months of repeated denials by government officials who insisted there were no subsidies. The revelation…

Remove Petrol, Electricity Subsidies After Taming Inflation, IMF Tells Tinubu Govt

The Federal Government of Nigeria has been urged by the International Monetary Fund (IMF) to remove the fuel and electricity subsidies when the rising inflation has been addressed. The IMF in a report titled ‘Nigeria: 2024 Article IV Consultation’ said…

Why Petrol Scarcity May Worsen In Coming Days – Independent Marketers Reveal

…Threaten Withdrawal Of Services Over Unpaid Debts Baring special, but urgent, intervention by President Bola Ahmed Tinubu, the current scarcity of premium motor spirit (PMS), also known as petrol,  across the country may worsen in coming days if independent petrol…

Transfer of Crude Oil Proceeds To CBN Is the Way To Go – CNPP Tells Tinubu

Conference Of Nigeria Political Parties (CNPP) has described the speculated directive by President Bola Ahmed Tinubu, transferring revenue from crude oil sales to the Central Bank of Nigeria (CBN) as the way to go. Since on Monday, there has been…

Diligence, Result, Reward: A Diary of Kyari’s Midas Touch At NNPCL – Skymark Energy and Power Ltd

If the names of technocrats, pace setters, track record performers and people of integrity, diligence and transparency whose midas touch in the country’s social political and economic firmaments are to be written for record purpose, the name of the Group…

Kyari’s Reappointment: Skymark Energy and Power chairman Lauds Tinubu

…Urges NNPC GCEO To Keep Walking the Talk The Chairman of Skymark Energy and Power, Alhaji Muhammad Saleh Hassan, has hailed President Bola Ahmed Tinubu for his reappointment of the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum…

Tinubu’s Six Months in Office: President, Kyari’s Combination’ll Stimulate Economic Prosperity, Says Skymark Energy and Power Boss

The Chairman and Chief Executive Officer (CEO) of Skymark Energy and Power, Alhaji Muhammad Saleh Hassan, has said that President Bola Ahmed Tinubu and the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Corporation (NNPCL), Malam Mele Kyari’s…