THE Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Liquified Natural Gas (NLNG) Company are at loggerhead over th latter’s alleged blatant refusal to pay its statutory three percent freight rate put at over N24 billion.

FOLLOWING the federal government’s decision to boost electricity generation nationwide to 6000Megawatts (MW) by December 2009, the Power Holding Company of Nigeria (PHCN) has come under intense lobbying from politicians and contractors across the country for the purposes of cornering subsequent awards contracts for actualisation of the project

Victior Ahiuma-Young AS Consumers groan under the yoke of  scarcity of DPK (Dual Purpose Kerosine), indications have emerged that conmen and fraudsters have taken over the kerosine supply network in Nigeria and are feeding fat on dealers’ funds. Investigation by Sweet Crude revealed that the deregulation of Kerosine market by government has not only created […]

At N11.6billion gross written premium in 2008, Leadway Assurance is clearly Nigerias leading underwriter in oil and gas risks. But the total premium is recorded against the companys total special risks portfolio comprising about 70% energy business and 30% aviation operations.

Government has continued to approve mind boggling sums of money towards its 6000MW December’s target, even as facts on ground, on the other hand, contradict impact of such approvals on the sector.