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1-10 results from 1000 for query «petroleum»

July 16, 2018 5:49 PM Daddy Showkey speaks on plan to kill him [VIDEO]

Nigerian Galala singer, Daddy Showkey has spoken on plans by some unnamed people to kill him. He said the death threat was as a result of his being outspoken on topical issues in the country. However, the “Ghetto soldier” crooner said he was not afraid of death, hence those planning his death have not heard the last from him. Daddy Showkey who is known 15

July 16, 2018 4:12 PM MOSOP urges Buhari to end military occupation in Ogoni –

The Movement for the Survival of the Ogoni People (MOSOP), has condemned the activities of Shell Petroleum Development Company (SPDC) and called on President Muhammadu Buhari to end military occupation of Ogoni farmlands. MOSOP also condemned alleged continual violation of the rights of the Ogoni people by Nigerian soldiers attached to the Shell, insisting 21

July 16, 2018 7:47 AM Nigerian govt realised N2.53trn from taxes in 6 months – FIRS

The Federal Inland Revenue Service (FIRS) has announced that it realised N2.52 trillion from various taxes from January to June 2018. The amount showed that the Service had realised 75 per cent of its total target for the year, which is an improvement over what was realised in the corresponding period in 2017. A report on the revenue performance by the agency 24

June 27, 2018 9:27 PM Court orders forfeiture of Diezani’s N325.4m Lagos property

A Federal High Court sitting in Lagos has ordered the temporary forfeiture to the Federal Government of a landed property valued at N325.4m belonging to the former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke. Justice Babs Kuewumi granted the order of temporary forfeiture of the property after listening to a motion ex-parte filed and argued 20

June 22, 2018 8:04 AM Nigeria tells OPEC to forget additional oil supply

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has said Nigeria would advise against additional oil supply to the global market by OPEC and non-OPEC members. Kachikwu made the country’s position known in an interview with journalists on Thursday ahead of the 174th Meetings of the OPEC Conference and the OPEC and non-OPEC Ministerial 21

June 19, 2018 10:48 AM Nigerian govt spent N2.4bn daily on fuel subsidy in May – PPPRA

The Federal Government’s subsidy on fuel has risen to N2.4 billion daily in May, from N774 million in March 2018. This rise in subsidy payment is as a result of the high price of crude oil in the international market. Unlike in March, this year, when the price of crude oil hovered at $66 per barrel, it hovered between $75 and $80 per barrel since last month 22

June 8, 2018 7:00 AM Meet Prof. Volker Roeben of Center for Energy Petroleum, Mineral Law, Policy, Dundee in Lagos Abuja, get £5000 merit scholarship

The Center for Energy Petroleum and Mineral Law and Policy is a graduate school at the University of Dundee, Scotland, United Kingdom focused on the fields of International business transactions, energy law and policy, mining and the use of natural resources. CEPMLP is one of the most successful academic institutions in the UK and the EU. It is the principal 21

June 6, 2018 2:22 PM Contempt: Court Convicts First Bank Chairman, MD Over N122bn Judgment Debt

A Federal High Court in Lagos Wednesday convicted the Chairman of First Bank of Nigeria Limited, Ibukun Awosika, and Managing Director, Dr. Adesola Adeduntan, as well as the bank for contempt. They were accused of refusing to obey the order of the court, which had ordered them to pay an Ogoni community in Rivers State the sum of N122 billion bond guaranteed 46

June 4, 2018 1:51 PM PIB: How we’re reforming Nigeria’s oil sector to curb corruption – Saraki

Nigeria’s Senate President, Dr. Bukola Saraki has stated that the nation’s oil and gas sector was being reformed to curb recurrent corruption, saying that the law applicable in the sector enacted over 40 years ago was no longer supportive. Speaking at the commencement of a three-day joint public hearing of the Senate Committee on Petroleum (Downstream) 22

June 1, 2018 6:03 AM Reps probe $22bn Brass LNG projectThe Sun News

The House of Representatives yesterday resolved to probe the $22 billion Brass Liquefied Natural Gas (LNG) project. The House also resolved to set up an ad-hoc committee to undertake the assignment. The committee is expected to report back to the House within six weeks for further legislative action. This followed the adoption of a motion on the “urgent 24