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Senate meets today for smooth passage of 2017 budget

Senate meets today for smooth passage of 2017 budget

SENATE Leader, Senator Ahmad Lawan has told Nigerians that the 2017 budget would be smoothly and promptly passed, just as he said that the leadership will meet today with chairmen of committees on the way forward for the budget.

Reps give CBN, others ultimatum to account for $22.6bn oil blocs

Reps give CBN, others ultimatum to account for $22.6bn oil blocs

THE House of Representatives Ad-hoc Committee on Oil Prospecting Licences, OPLs, and Oil Mining Leases, OMLs, yesterday, gave the Central Bank of Nigeria, CBN, and others one week ultimatum to provide all relevant documents to ascertain the payments of about $22.6 billion oil blocs from application fees, royalties, signature bonuses and other fees by oil companies.

Global energy demand to grow 30% by 2035 —BP Energy Outlook

Global energy demand to grow 30% by 2035 —BP Energy Outlook

GLOBAL energy demand is expected to increase by around 30 percent between 2015 and 2035, an average growth of 1.3 percent yearly, driven by increasing prosperity in developing countries, partially muted by rapid gains in energy efficiency, the 2017 edition of BP Energy outlook stated.