With initial commitment to exploration and production, previous administrations in Nigeria had projected to increase the nation’s oil reserves from less than 28 billion to 40 billion barrels by 2020 for some reasons. First, the increased reserves were expected to enable the nation increase its production capacity and earn re revenue. Second, it was also targeted at prolonging its involvement in oil business.

THE Acting Chief Justice of Nigeria, Justice Ibrahim Tanko Muhammad, has assured that the Nigerian judiciary would make the necessary contributions towards ensuring stability and speedy resolution of conflicts in the country’s oil and gas industry.

Matrix Energy’s determination to break boundaries at steadily setting new standards in Nigeria’s downstream investment space has again deepened as the company through its subsidiary, Aida Energy, delves into bitumen distribution.

IJAW Youth Council, IYC, has called for amendment of the constitution to allow states control and harness natural resources in their areas, noting that with illegal mining activities by individuals seemingly allowed in the north the Niger Deltans should also enjoy such over oil
National President of the body Roland Oweilaemi in a statement made available to Vanguard, said with stories coming from the north over individuals mining solid minerals belonging to the nation the body will not hesitate in its drive for a constitutional reform to allow states in the Niger Delta exercise control over resources in their domain.

THE Nigerian Oil and Gas Fair, NOGOF, which took place in Yenagoa, Bayelsa state in April, 2019, was the brainchild of the Nigerian Content Development and Monitoring Board, NCDMB. In this interview with UDEME AKPAN, Mrs Funmi Ogbue, CEO/Principal Consultant, JAKE RILEY Limited, looks back at the event, its impact on local content in particular and economy of the nation in general.