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FG may increase fuel price after elections

FG may increase fuel price after elections

Adewale SanyaoluThere are fresh indications that the Federal Government may have concluded plans to increase the pump price of Premium Motor Spirit (PMS), popularly called petrol, from N145 per litre to between N185 and N200 per litre shortly after the forthcoming general elections, Daily Sun findings  have revealed. If implemented, the new petrol price regime […]
The post FG may increase fuel price after elections appeared first on The Sun Nigeria. …

N6.2bn revenue loss: NCDMB to review offshore rig, vessel acquisition strategy

N6.2bn revenue loss: NCDMB to review offshore rig, vessel acquisition strategy

Adewale Sanyaolu, Yenagoa The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to finalise the review of offshore rig acquisition and vessel strategy. Its Executive Secretary, Mr. Simbi Wabote, disclosed this at the 8th edition of the Practical Nigerian Content (PNC) with the theme, ‘‘Local Content: Driving Economic Development and Sustainability Forward”, in […]
The post N6.2bn revenue loss: NCDMB to review offshore rig, vessel acquisition strategy appeared first on The Sun Nigeria. …

Senate to probe alleged diversion of $1.05bn by NNPC

PDP demands investigation of Ekweremadu’s attempted assasination

NAN The Senate on Tuesday gave its Committee on Petroleum (Gas) nod to investigate alleged diversion of 1.05 billion dollars by the Nigeria National Petroleum Corporation (NNPC). The Corporation says it is utilising the fund to augment under-recoveries in the importation of Premium Motor Spirit (PMS) popularly known as petrol. Its Group Managing Director, Mr […]
The post Senate to probe alleged diversion of $1.05bn by NNPC appeared first on The Sun Nigeria. …

Gastech 2018: How Nigeria’s $20bn FDI target hit brickwall

Gastech 2018: How Nigeria’s $20bn FDI target hit brickwall

Adewale Sanyaolu, Barcelona, Spain Nigeria’s quest to attract about $20 billion in Foreign Direct Investment (FDI) to boost its ailing economy yet suffered a major setback on Monday; when it again failed to get represented at a global gathering of oil and gas investors. The event was the 30th edition of Gastech Exhibition and Conference […]
The post Gastech 2018: How Nigeria’s $20bn FDI target hit brickwall appeared first on The Sun Nigeria. …

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