Sweet Crude

Wike: The other side of a fighter, by Donu Kogbara

I went home to Rivers State last weekend to participate in a celebration and Anglican thanksgiving service. They were hosted in Koroma, Tai Local Government Area, by Senator Barinada Mpigi, a fellow Ogoni and friend. And the special guests of honour were Chief Godswill Akpabio, the Senate President, and Chief Nyesom Wike, our former governor […]
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Nigeria records declining rig count, as OPEC shows minus 13

Nigeria’s rig count for the month of June showed a slight decline of minus one, having recorded 32 as against 33 recorded in May, at a time the 14-member Organisation of Petroleum Exporting Countries (OPEC), showed a decline of minus 13.

Nigeria’s economic diversification not yet visible

WITH the groundnut pyramid in the North, palm oil and kennel in the East and South East and cocoa in the South-West before the discovery of petroleum in Nigeria, there were indications that the nation was heading towards becoming a great economic giant in Africa for some reasons. First, the nation was and is still richly endowed with many oil and non-oil resources. Second, the major stakeholders, especially indigenes and trading companies were committed. Third, the regional administrations also provided the enabling environment for operations.

Gas development: The Chevron Nigeria Limited’s success story

THE development of Nigeria’s vast gas resources has been one of the major policy thrusts of successive governments in Nigeria. It is worthy of note that Nigeria is blessed with resources for growth and global competition in gas. The country ranks 9th in World’s gas proven reserves. The National Gas Master Plan focuses on reducing routine gas flaring, increasing domestic gas supply and utilisation, while diversifying Nigeria’s revenue.

TCN tackles DISCOs over weak distribution network

THE Managing Director, Transmission Company of Nigeria (TCN), Mr. Mohammed Gur Usman, has attributed the poor state of electricity supply in the country to the weak distribution network.

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