All posts tagged "headline"
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Oil thieves now convert trawlers to tankers – Navy
The Nigerian Navy, weekend, said crude oil thieves in the Niger Delta region have devised new tactics of converting fishing trawlers into oil tankers for illegal lifting of crude oil along waterways of the region with a...
- Posted June 4, 2013
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“There’s more convergence than divergence in PIB” – Osten Olorunsola
Regulation has been identified as key to future industry growth and development, the Director, Department of Petroleum Resources, DPR, Mr. Osten Olorunsola in this interview with Clara Nwachukwu and Sebastine Obasi, in Houston Texas, USA, speaks on...
- Posted June 4, 2013
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NUPENG worries over abandoned NDDC projects
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has expressed concern over the abandonment of projects by the Niger Delta Development Commission, NDDC, in many parts of the country. President of NUPENG, Igwe Achese, in a...
- Posted June 4, 2013
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FBN Holdings shareholders approve N32.63b dividend
Directors of FBN Holdings, at its first annual general meeting on Friday in Lagos assured its shareholders of the company’s resolve to continue doing business in a manner that would translate into success and more dividend payout...
- Posted June 3, 2013
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Lagos to go tough on telecoms operators
As part of the overall objective of keeping all drainages and collectors free so as to substantially reduce flooding in the state this year, the Lagos State Government is set to go hard on telecommunications firms over...
- Posted June 3, 2013
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DMO concludes external debt profile, says states, FCT owe $2.384b
After five years of hard work, the Debt Management Office (DMO), at the weekend said it has ascertained that the Nigeria’s 36 states and the Federal Capital Territory (FCT), Abuja owe $2.384 billion in external debts as...
- Posted June 3, 2013
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Nigeria seeks Japan’s support on power supply, transportation
The Federal Government has sought Japan’s assistance to develop infrastructure in the country. Specifically, the government wants Japan’s support in the areas of power supply, transportation, health, agriculture as well as Information and Communication Technology. Vice-President Namadi...
- Posted June 3, 2013
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FG to privatise 10 NDPHC power plants
The Federal Government has decided to sell 80 per cent stake in each of the 10 independent power generation plants built by the Niger Delta Power Holding Company. Plans have also been concluded for a road show...
- Posted June 3, 2013
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Bonga: 19 new oil wells may gulp N1.96tn
Indications emerged on Friday that Shell Nigeria Exploration and Production Company Limited will spend $12.35bn (about N1.96tn) on the planned drilling of 19 new oil wells as part of the expansion of Bonga deep water oil field....
- Posted June 2, 2013
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FG to terminate Ikorodu-Sagamu Road contract
The Federal Government will soon terminate the reconstruction contract of the Ikorodu-Sagamu Expressway, the Minister of Works, Mr. Mike Onolememen, has said. Onolememen disclosed this when the Manufacturers Association of Nigeria paid him a courtesy visit in...
- Posted June 2, 2013