Hon. Rotimi Amechi “Government must not be for one section of the Society.It must be for the rich and the poor,emphasizing the upliftment of the poor...”
Oil rose to around 113 dollars a barrel on Tuesday as tension over Iran‘s nuclear programme outweighed persistent concerns about the strength of Europe’s economy. Iran has begun enriching uranium deep inside a mountain and has sentenced an American to death for spying, angering the West and undermining expectations that diplomacy could avert further sanctions [...]
Some artisans in Lagos have expressed displeasure over government’s proposal to further increase electricity tariff in June through the Multi-Year Tariff-Order (MYTO). The artisans, who spoke with newsmen in separate interviews, condemned the proposal. They said that there was no justification for any increase in the tariff when power supply was still epileptic. It would [...]
In a bid to control the possible health hazard the recent oil and gas leakage from its facility could cause affected communities in Egiland, Total Exploration and Production Nigeria Limited (TEPNG) is carrying out a two-week mass free healthcare services in the area. The healthcare services which kicked-off on April, 23 but was formally commissioned [...]
The National Oil Spill Detection and Response Agency (NOSDRA) says it will reinforce the oil spill contingency plans to create and sustain zero tolerance for oil spill incidents in the nation’s environment. This was contained in a statement by the Chief Executive Officer of NOSDRA, Mr Peter Idabor, and made available to newsmen in Kaduna [...]
The Chairman, Subsidy Reinvestment and Empowerment (SURE) Committee, Dr Christopher Kolade, has said that the on-going subsidy probe by the National Assembly would not impede the coommittee’s work. Kolade stated this in an interview with the State House Correspondents after a closed-door meeting of members of the committee with President Goodluck Jonathan at the State [...]
The Special Adviser to the President on National Assembly Matters, Senator Joy Emodi, has restated the determination of President Goodluck Jonathan to tackle corruption in the petroleum industry. Emodi, who made the pledge at a news conference in Abuja on Wednesday, commended the House of Representatives for undertaking investigation into the fuel subsidy regime. She [...]
The Federal Government has been urged to come out with appropriate policies that would address the problems of host communities if the planned 2012 bi-round for oil blocks is to achieve its goals. The Managing Director of Treasure Energy Resources Limited (TERL) Dr Eddie Wikina, who gave the advice in a statement made available to [...]
The recent petroleum roducts scarcity in Nigeria has been attributed to the Nigeria National Petroleum Company’s (NNPC) inability to provide sufficient quantity for local consumption coupled with the Federal Government’s refusal to bring back the nation’s refineries to produce at full capacity. Making the assertion while speaking at a reception ceremony shortly after the solemnisation [...]
The people of Egbema in Imo State, an oil producing area, last week staged a peaceful protest over alleged neglect by the Shell Petroleum Development Company (SPDC) and its joint venture companies. They alleged that since oil exploration began in the area since 54 years ago, they have not benefitted from the proceeds of oil. [...]
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr Austen Oniwon, has said the increased participation of Nigeria in the upstream sector would guarantee national security. Oniwon according to a statement signed by NNPC Spokesman, Dr Levi Ajuonuma while receiving a 23man delegation of the faculty staff and top rankng military [...]
