Category: News

The Nigerian President Muhammadu Buhari is currently holding a meeting with the Service Chiefs in his office. The Inspector General of Police, Ibrahim Idris and the Minister of Defence, Manaur Dan-Alli are also attending the meeting in Abuja. The Chief of Defence Staff, General Gabriel Olanishakin is expected to brief Journalists at the end of…

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru has appealed to oil pipeline hackers to desist from such nefarious act which according to him is not only harmful to the environment but equally hazardous to the pipeline vandals and the economy. AdvertisementSpeaking while receiving a delegation of the Nigerian Environmental…

Nigeria’s Oil Production Cost Down 70.5% to $23/Barrel

  …Saves $3Billion Annually As NAPIMS Inaugurates Anti-Corruption Committee   The Nigerian National Petroleum Corporation (NNPC) has driven down the cost of crude oil production from $78 dollars per barrel as at August 2015 to $23 per barrel representing 70.5 per cent reduction. The Group General Manager of National Petroleum Investment Management Services (NAPIMS), a…

Can Nigeria Achieve $30bn non-oil target in the next 10 years?

The Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Segun Awolowo, said the zero oil export policy of the council was already shifting the attention of Nigerians from oil. As the economic recession wanes, notwithstanding high food prices, industry stakeholders have warned of another crisis that may be triggered by unstable commodity prices, low export…

The management of Nigerian National Petroleum Corporation (NNPC) said the ongoing reforms will place the Corporation on a long-term growth trajectory for the benefit of all stakeholders. The Group Managing Director, Dr. Maikanti Baru, who disclosed this when he received a delegation from the NNPC Retired Staff Association led by its President, Chief George Owarieta,…

Shippers’ Council Plans To Phases Out Rickety Trucks

 PIX: Executive Secretary , Nigerian Shipper’s Council, Barrister Hassan Bello (right) and President AMATO, chief Remi Ogungbemi during a working visit to council yesterday   Worried by the increasing cases of laden containers falling off trucks, the Nigerian Shippers’ Council is initiating a collaboration with the National Automotive Design and Development Council (NADDC) to assist…