The total value of Nigeria’s crude oil stolen between January 2021 and February 2022 is about $3.27bn (representing N1.361tn at the official exchange rate of N416.25 to the dollar), the Federal Government declared on Thursday. International oil companies and their counterparts in Nigeria
Minister of State for Petroleum Resources Timipre Sylva The Federal Government says it is determined to stop the economic devastation occasioned by the activities of illegal refiners, pipeline vandalism and crude oil theft in the country. The Minister of State Petroleum Resources, Chief
Niger State Governor, Abubakar Bello The Niger government said it will use the At-Risk Project of the Federal Government to empower out-of-school children and youths in the state to make them productive in the society. The wife of the state governor, Dr. Amina
Sadiya-Umar-Farouq …• Approves Business, Facilitation And Miscellaneous Provision Bill The Federal Executive Council on Wednesday approved over N14 billion to train 50,000 non-graduates of N-power for a period of nine. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Faroq, who made
The Federal Government has reiterated its commitment to collaborate with relevant stakeholders to enhance security and capacity development in the maritime industry. The Minister of State for Transportation, Sen. Gbemisola Saraki made this known at the inauguration of the Joint Committee on Security and
The newly sworn-in Governor of Anambra State, Charles Chukwuma Soludo, has raised alarm over the state of economy of Anambra, which he said was in a “bad shape”. Speaking during Arise TV Morning show on Tuesday, Soludo betrayed silence, claiming his predecessor, Willie Obiano, had
Brent crude, the global oil benchmark, appreciated in price on Monday, moving up by 7.3 per cent or $7.88 to $115/barrel at 7.54pm Nigerian time as European Union nations considered joining the United States in a Russian oil embargo. Industry figures showed that
Hope Uzodimma Imo State Government has warned civil servants to ignore any call to stay away from work on Mondays or be ready for punishment. A statement by Commissioner for Information and Strategy, Hon Declan Mbadiwe Emelumba, assured adequate arrangements for security have
President Muhammadu Buhari has summoned Abubakar Aliyu, Minister of Power, for a meeting at the presidential villa. The president is expected to discuss the erratic power supply experienced across the country in recent weeks. Buhari also called for a meeting with Hope Uzodimma,
President of Ukraine, Volodymyr Zelensky Ukrainian President, Volodymyr Zelensky, called on European leaders on Monday to cease all trade with Russia in an effort to pressure Moscow to halt its nearly month-long military assault on his country. “Please do not sponsor the weapons