Category: Local Content
NANS, NUPENG accuse FG of neglecting Niger Delta petroleum varsity
The National Association of Nigerian Students (NANS), and the National Union of Petroleum and Natural Gas (NUPENG) have disclosed that the Federal University of Petroleum Resources (FUPRE) in Delta State is being under-funded by the Federal Government. The Zone B coordinator of NANS, Okereke Godson, declared this yesterday after a meeting with the Vice Chancellor,…
Senate confirms appointment of James Momoh as NERC boss
By Energy Worth The Senate has confirmed a United States Professor, James Momoh, as the Chairman of Board of Nigeria Electricity Regulatory Commission (NERC). The confirmation which was made on Tuesday, trailed a report by the Senate Committee on Power presented by Senator Eyinnaya Abaribe to the Senate, recommending the confirmation of the nominee. Senator…
We ‘ll support local investors, tech development —NNPC
By Oke Peter The Nigerian National Petroleum Corporation (NNPC) has said it will encourage initiatives targeted at enhancing Nigerian investors in the oil and gas sector. Group Managing Director, Maikanti Baru, said yesterday, that the national oil company would support engineering development to ensure technological advancement of the nations oil and gas industry. He disclosed…
OTC’s 50th anniversary sets for NCIF awards dinner
In its 4th stint, the Nigeria Content Investment Forum (NCIF) powered by Sweetcrude Reports and The Guardian has captured a level of seriousness to engage with indigenous Nigerian small-medium enterprises and government officials to support local content in the “giant of Africa”. In 2017, the forum included participants and speakers from the Nigeria Content Development…
45 vessels of petroleum product expected at Lagos ports
Energy Worth with Agency Report 45 vessels of petroleum product are expected to berth at Lagos ports in two weeks, with 15 of such vessels laden with Premium Motor Spirit (PMS), otherwise known as petrol. Vessels statistics released by the Nigerian Ports Authority (NPA) on Wednesday, showed that some of the vessels are expected to…
Petroleum products top 45 vessels expected at Lagos ports
No fewer than 45 vessels are expected to berth at Lagos ports in two weeks, with 15 of such vessels laden with Premium Motor Spirit (PMS), otherwise known as petrol. Vessels statistics released by the Nigerian Ports Authority (NPA) on Tuesday showed that some of the vessels are expected to arrive today and tomorrow. The…
NNPC updates Group Financial Audit for five years
By Energy Worth The Nigerian National Petroleum Corporation (NNPC) has disclosed that it has completed outstanding audit of the Group Financial Statements from the years 2011 to 2016. The audited backlog has since been formally approved by the Board of the corporation in line with extant laws governing the operations of the national oil company….
Reps introduce Bill to stop estimated billings by Discos
By Energy Worth A bill to prohibit the issuance of estimated electricity bill to power consumers across the country has been initiated in the House of Representatives. The Bill, sponsored by the Leader of the House, Honourable Femi Gbajabiamila, the proposed legislation has consequential orders criminalising such billings method which many Nigerians considered as extortion…
Reps block concession of Ajaokuta Steel
There could be hope at the end of the tunnel over resuscitation of the Ajaokuta steel company as the House of Representatives on Wednesday adopted two bills seeking to prevent its concessioning and to ensure its completion. The bills, each sponsored by 301 lawmakers, were introduced for first reading on Wednesday, March 21. The bills…
