August 2023 - Page 12

Mohammed Shosanya Stakeholders in the extractive industries,have approved the Nigeria Extractive Industries Transparency Initiative,NEITI 2021 independent industry reports of the oil,gas and mining sectors. At a two-day meeting in Abuja,the stakeholders said

Mohammed Shosanya The Nigerian Content Development and Monitoring Board (NCDMB) has suggested strategies that will enable Africa countries to institute sustainable local content practices, achieve in-country value addition and benefit maximally from

Nigerian Extractive Industries Transparency Initiative (NEITI),says Nigeria lost over 619.7 million barrels of crude oil valued at $46.16 billion or N16.25 trillion from 2009 to 2020 to theft and sabotage. It said,this

The Nigerian Maritime Administration and Safety Agency (NIMASA),says the oil rig that capsized on Tuesday near Ovhor in Warri, Delta State, had been conducting operations on the nation’s waters without proper authorization

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday said Seplat Energy Plc has formally notified it of the incident involving a drilling rig during its operation at a swamp location in