By Oke Peter Following the suspension of Mrs Damilola Ogunbiyi as the Managing Director of the Rural Electrification Agency (REA) last week. President Muhammadu Buhari has appointed Engineer Ahmad Salihijo Ahmad as the new Managing Director and Chief Executive Officer (CEO) of the Agency. The Minister of Power, Engineer Mamman Sale broke the news in…
Reports have shown that a number of oil and gas projects valued at $58.4bn are facing an uncertain future as international oil companies operating in the country have failed to sanction them several years after they were announced. Industry experts said the regulatory and security challenges in Nigeria, as well as the slump in global…
Jumoke Adelabu – Abuja The Nigerian National Petroleum Corporation (NNPC) and its joint venture partners in the Nigeria Liquefied Natural Gas Limited on Friday took the Final Investment Decision on the commencement of the $10bn NLNG Train-7 project. Shareholders of the company took the FID on the Train-7 project in Abuja after about 12 years…
Sources, who described the minister’s indefinite suspension of Ogunbiyi as needless and ruthless, claimed that Mamman hated women. Sources within the Rural Electrification Agency have alleged that Minister of Power, Sale Mamman, victimised Managing Director of the agency, Mrs Damilola Ogunbiyi, out of office. Mamman in a statement on Tuesday, announced the indefinite suspension of…
On this special day, we wish our esteemed readers a Merry Christmas and Happy New Year in Advance. From all of us at Energy Worth Online.
The Presidency has said that the resolve by President Muhammadu Buhari not to allocate the nation’s oil wells as gifts to some powerful and influential Nigerians since he assumed office in 2015, has been largely responsible for the seeming hatred and bitter criticisms of his administration by the political elite in the country. Senior Special…
By Oke Peter Rivers State governor, Nyesom Wike on Monday declared that the disputed Soku oil wells belong to the people of the state as affirmed by a Federal High Court. He said the court verdict was based on the admission by the National Boundary Commission that it erroneously shifted the boundary between Rivers State and…
The Minister of State for Petroleum Resources, Chief Timipre Sylva said the Federal Government would continue to support effort to ensure the take off of Waltersmith modular refinery by May 2020. Sylva gave the assurance during his inspection visit to the Walthersmith Modular Refinery construction site located in Ohaji/Egbema Local Government Area, Imo State. The…
Damilola Shittu – Lagos Ten governors on the platform of the Nigerian Governors Forum (NGF) Friday visited the Dangote Refinery and Petrochemicals at Ibeju-Lekki in Lagos, stating that it is a pride to Nigeria and Africa. The governors, led by the Forum’s chairman, who is the Governor of Ekiti State, Dr. Kayode Fayemi, described the…
Italian prosecutors have been asked to produce a Nigerian ‘super witness’ who is a retired Assistant Inspector-General of Police, Isaac Eke, in the ongoing probe of the $1.1bn Malabu oil scandal. The Palace of Justice in Milan, Italy, during the week told prosecutors to make the key witness appear before it by January 29, 2020,…
