Sweet Crude

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

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 […]
Visible Articles 5 10 15
Investment in downstream sector hits N500bn

Investment in downstream sector hits N500bn

Petroleum Products Pricing Regulatory Agency, PPPRA, estimates current value of investments in the downstream sector of the petroleum industry at over N500billion.

Nigeria lost N178bn to petroleum products  theft in 10 years

Nigeria lost N178bn to petroleum products theft in 10 years

…40% of products stolen from pipelines
Nigeria lost about N178billion from the theft of petroleum products from pipelines and jetties across the country between 2001 and 2010, according to the controversial Ribadu taskforce revenue report.

‘Hydrography can generate millions of jobs’

‘Hydrography can generate millions of jobs’

A Nigerian, Surveyor Olumide Omotosho, an hydrographer with the Nigerian Ports Authority, Vice President of the Nigerian Hydrographic Society, was recently appointed Vice Chairman of the International Hydrographic Organisation (IHO) in France. In this interview with Godwin Oritse,Omotosho argued that a well harnessed hydrographic industry could generate a million job opportunities for Nigerians. Excerpts:

Why Ribadu’s C’ttee Report should be adopted by govt

Why Ribadu’s C’ttee Report should be adopted by govt

The Mallam Nuhu Ribadu’s headed Petroleum Revenue Special Task-force set up by the Honourable Minister for Petroleum Resources was soporific to the urgent crisis bedevilling the Petroleum Industry. The Minister, Mrs Diezani Alison-Madueke, while setting up the task-force, stated that the move was “designed to enhance probity and accountability in the operations of the petroleum industry.”

Nigerian Banks are helping to boost energy sector devt – Egube

Nigerian Banks are helping to boost energy sector devt – Egube

Banks are often accused of not supporting Nigeria’s energy industry enough in its development drive, preferring to finance short term loans, against the required long term ones. But in this interview with Sweetcrude team, the Head, Energy Unit, Diamond Bank Plc, Mr. Samuel Egube, tells Clara Nwachukwu and Ubong Nelson that Nigerian banks are doing enough, and even more than credited for. Excerpts: