Chemical Engineers seek private control of moribund refineries
By Providence Ayanfeoluwa The Nigerian Society of Chemical Engineers (NSChE) has called on the Federal Government to adopt a transparent, competitive and time-bound privatisation process for Nigeria’s moribund state-owned refineries, with majority private ownership and professional management. The society’s National President, Engr. Bayo Olarewaju-Alo, made the call at a press conference titled, “Nigeria’s Moribund Refineries […]
No clear policies in award of oil, gas licenses — NNRC
The Nigerian Natural Resource Charter, NNRC, has disclosed that there are currently no clear policies in the award of oil and gas licenses in the Nigerian petroleum industry, stating that the decisions to award or deny licenses are determined by the prevailing socio-political environment.
NNPC advocates closer ties among African countries in oil sector
The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent.
Deregulation responsible for development of LPG sector – NLPGA
DEREGULATION has been identified as a major single factor responsible for the development of Nigeria’s Liquefied Petroleum Gas sector.
All On seals three off-grid investments in Niger Delta
Nigerian off-grid energy investment company, All On, has announced financial close with three firms for accelerated access to affordable and sustainable energy sources in the Niger Delta.
Revenue from VAT rises by 19% to N968bn in 2017
Federally collected revenue from Value-Added Tax (VAT) rose to N968 billion in 2017, up by N156.7 billion or 19 percent from N811 billion recorded in 2016.
