Category: Energy/Power

CSR-in-Action partners NEITI, NNPC, others to host SITEI 2017

Friday, 23 June 2017 – CSR-in-Action and the Nigerian Extractive Industries Transparency Initiative (NEITI), in partnership with the Federal Ministry of Petroleum Resources (MPR), Ministry of Mines and Steel Development (MMSD), Nigerian National Petroleum Corporation (NNPC), and Miners Association of Nigeria (MAN), Petroleum Technology Association of Nigeria (PETAN) and other stakeholders have announced the 6th…

Indonesia to Build Refinery in Nigeria

The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, indicating interest to build a refinery in Nigeria. Mr. Adi Hartadi, the Head of Investor Relations…

Still on Aiteo’s corporate sponsorship of Nigerian football…

Ben Edokpayi Nigerians often view philanthropic gestures by corporate bodies with cynicism. This attitude is not out of place considering how often both the government and corporates make outlandish promises to transform the lives of individuals and groups which turn out to be mere soundbites devoid of any meaningful follow-through. Scepticism about sports-oriented altruistic gestures…

Diesel price crashes by 42%

The Price of Automotive Gas Oil (AGO), also known as Diesel, has crashed to about 42% nationwide.  In a statement signed by the the Group General Manager, Public Affairs Division of the Nigerian National Per Corporation,  NNPC ,  Mr.  Ndu Ughamadu, there was a huge downslide over the last six months, following key strategic interventions by…