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All posts by Ottoabasi Abasiekong

  • NNPC records N686 billion from sale of refined products

    The Nigerian National Petroleum Corporation (NNPC) said it made about N686 billion, from the sales of refined products from the three refineries in the Country last year. This News, as disclosed has been seen as a positive...

    • Posted January 4, 2013
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  • Apple and Samsung step up competition as they explore 2013 innovations

    In a battle for supremacy and control of the Global Smartphone market, two of the leading players in the Industry, Apple Inc of the United States and Samsung Electronics of South Korea are taking their contest from...

    • Posted January 4, 2013
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  • Ibadan, Ore and Ilorin depots yet to get NNPC products supply

    pite the assurance from the Petroleum Minister, Mrs Diezani Allison Madueke , that in the New Year, there would be improvement in the supply of petroleum products to tackle the challenges of fuel scarcity, some parts of...

    • Posted January 3, 2013
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  • ICT Ministry says there was improvement in Information Technology sector in 2012

    The Telecommunications sector ,which is second to the Oil and Gas sector in terms of revenue generation in the Country ,has come under the searchlight as the year 2013 begins. With poor Network service delivery, challenges in...

    • Posted January 3, 2013
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  • Shoreline Power and Heritage Oil finalize energy deal

    The year 2013 has begun with a strategic deal in the Energy sector, that should set the stage for more operations and activities that will aid the development of the Power Sector. Heritage Oil, an Indigenous firm...

    • Posted January 3, 2013
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  • Oil producing Community leaders threaten to reject Audit Report

    Having petitioned the Federal Government on mismanagement of the 13 percent derivation fund paid to the State Governments within the Niger-Delta region, the leaders of the six oil producing communities have vowed to frustrate any audit of...

    • Posted January 2, 2013
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  • World Bank decries poor quality of statistics and data in Nigeria

    For Nigeria and Africa to achieve economic growth and development, modalities must be put in place, to ensure that the statistics and data planning sector is vibrant, dynamic and strategic. These are the views of the World...

    • Posted January 2, 2013
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  • Lagos to begin oil production by 2014

    West Africa’s Economic Capital, Lagos popularly known as ‘Eko City’ is set to actively join the league of Oil producing States in Nigeria, by the year 2014, as Oil is expected to be produced offshore for the...

    • Posted January 2, 2013
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  • New projects to raise Nigeria’s crude oil production to 2.62m bpd

    Nigeria’s dream of stepping up its crude oil production, to gain leverage in the international energy market could be actualized this year, with the inception of new oil projects from the Usan (180,000 bpd) to the Egina...

    • Posted January 2, 2013
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  • Telcos spend about N42 billion on power and security issues in 2012

    From a review of year 2012 and the activities of the Telecommunications Companies, it has been revealed that about N42 billion was spent on the sustenance of power supply, provision of security around Telecoms gadgets, installations, equipment,...

    • Posted December 31, 2012
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