Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
Suggestions
ADC:INEC Recognizes David Mark’s Leadership
The Independent National Electoral Commission (INEC) has officially affirmed former Senate President, Senator David Mark, as the legitimate National Chairman of the African Democratic Congress (ADC). A notice published on INEC’s official
NISO Blames Grid Collapse On System Tripping
The Nigerian Independent System Operator (NISO),has blamed Wednesday’s national grid collapse on the tripping of a major Generation Company (GenCo). This triggered a substantial loss of load that impacted other GenCos, leading to
Nigeria’s Undeveloped Oil Fields Exceed 200-Ojulari
Nigeria has over 200 oilfields that are currently undeveloped, Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Engr. Bayo Ojulari,has said. The country’s crude oil assets, he also said, have
Kachikwu Advocates Stringent Measures Against Idle Oil Blocks
The former Minister of State for Petroleum Resources, Prof. Ibe Kachikwu, has advised the Federal Government to cancel oil blocks that are not developed after a prolonged period. He spoke on Monday
Speaker Abass Laments Nigeria’s ₦149.39trn Debt
The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has lamented Nigeria’s rising debt level. He spoke at the 11th Annual Conference and General Assembly of the West Africa Association
5 % Fuel Tax:TUC Warns Of Looming Nationwide Strike
The Trade Union Congress of Nigeria,TUC, has asked the Federal Government to withdraw planned 5% tax on petroleum products within two weeks or risk nationwide strike. Its President General,Comrade Festus Osifo, and
Anti-Labour Practices:PENGASSAN Backs NUPENG’s Protest, Threatens To Shut Dangote Refinery
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has backed the ongoing protest by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG),over alleged anti-labour practices of the
FG Woos EPC Giants With Incentives
Nigeria is luring major Engineering, Procurement, and Construction (EPC) companies back to the country with bold reforms and investor-friendly policies. Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), disclosed this
Dangote:NUPENG Denounces Truck Drivers Group’s Call For Strike Suspension
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has denounced the Direct Trucking Company Drivers Association (DTCDA) appeal asking Nigerians to disregard withdrawal of services by its Petroleum Tanker Drivers
Why NUPENG Should Shelve Strike-FG
The Federal Government has urged the National Union of Petroleum and Natural Gas Workers (NUPENG) to reconsider its decision to commence national strike tomorrow, Monday. Ms Patience Onuobia, Head of Press and
