The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has stated that the sale of the country’s non-performing refineries, including those in Warri, Port Harcourt, and Kaduna, remains a possibility as the company undertakes a full review of its downstream operations. Ojulari made this known in an interview on…
The Presidency on Thursday faulted the claim of reciprocity by the United States government as the reason for its current visa policy towards Nigeria, saying that the claim does not accurately reflect the actual situation. The Presidency also said contrary to misinformation and fake news circulating online, President Bola Tinubu has never stopped issuing 5-year…
The Minister of Interior, Dr. Olubunmi Tunji-Ojo, has inaugurated the newly established Passport Front Office, a specialised facility designed to facilitate timely and seamless passport processing for senior public officials and other designated individuals. According to the Director of Press in the Ministry, Ozoya Imohimi, the facility was established in response to the persistent challenges…
Olubunmi Tunji-Ojo, minister of interior, met on Wednesday in Abuja with Richard Mills, the United States ambassador to Nigeria. The meeting was attended by Kemi Nanna Nandap, comptroller-general (CG) of the Nigeria Immigration Service (NIS), and Magdalene Ajani, the permanent secretary in the ministry of interior. In a statement, Tunji-Ojo said the recently introduced visa…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that its Project One Million Barrels, launched in October 2024, has led to an increase of 300,000 barrels per day (bpd) in Nigeria’s oil production. The Commission Chief Executive, Engr. Gbenga Komolafe who disclosed this in Abuja during a workshop for journalists, said Nigeria’s oil rig…
Major oil contracts reached a two-week high yesterday after fresh Houthi attacks on shipping in the Red Sea raised concerns over supply disruptions. Reuters reported on Tuesday that four crew members aboard the Greek-operated, Liberian-flagged bulk carrier Eternity C were killed by drones and speedboats off Yemen’s coast. Oil prices dipped slightly during Wednesday’s session,…
The Nigerian Content Development and Monitoring Board has introduced the Nigerian Content Fund Clearance Certificate(NCFCC) as a mandatory compliance document for contractors and operators in the oil and gas sector. In a statement, the General Manager, Corporate Communications of NCDMB, Obinna Ezeobi, PhD, said that the certificate was launched during a Stakeholders’ Sensitization workshop held in Lagos, where the…
The fourth edition of Vision First, the flagship health programme of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) began in Mushin Local Council Development Area of Lagos State July 7, allowing people to receive eye and cardiovascular screenings, surgeries, and general health education. On the first day,…
The Nigerian Content Development and Monitoring Board (NCDMB) has organised a sensitization workshop in Lagos aimed at deepening local participation in the oil and gas sector and strengthening financing compliance with Nigerian Content regulations. The Executive Secretary of the Board, Engr. Felix Omatsola Ogbe, while welcoming the participants, explained that the workshop was aimed at…
The Nigerian Upstream Petroleum Regulatory Commission has generated a total sum of N28.11bn in miscellaneous oil revenue tied to licensing fees and renewals within the first five months of 2025. The fund collected by the commission between January and May 2025 was remitted fully to government coffers. This comes amidst the scramble by over 40…
