THE Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Austen Oniwon has reiterated that the ongoing Oil and Gas Industry reforms will ensure the sustainability of existing ventures as well as attract new investments into the petroleum sector of the economy.

WARRI – IRRI kingdom in Isoko South Local Government Area of Delta State has served the Nigeria Agip Oil Company, NAOC, a fresh 15-day ultimatum to quit the area for allegedly causing untold development and long-drawn-out crisis in the community.

THE Nigeria Extractive Industries Transparency Initiative, NEITI, has said it has begun the process of engaging consultants to begin a scoping study of the nation’s minerals and mining sector.

THE Bureau of Public Enterprises, BPE has just ended a global road show in a bid to attract genuine investors to the comatose power sector, which so far, had defied all logical solution.

Prospective investors in Nigeria’s power distribution sub‑sector, would be made to produce a loss reduction programme as part of their eligibility to bid for any if the 11 distribution companies unbundled from the Power Holding Company of Nigeria, PHCN.