The Vice President, Professor Yemi Osinbajo (SAN), accompanied by Lagos State Governor, Mr Akinwunmi Ambode and the All Progressives Congress (APC) Governorship candidate in the State, Mr Babajide Sanwo-Olu on Monday launched the The Federal Government special enterprise and empowerment programme otherwise known as TraderMoni in three additional markets in Lagos.
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Sweet Crude
Power : We need certainty, right pricing to drive devt — Dada
THE President of the Nigeria Gas Association, NGA, Dada Thomas, yesterday blamed the current gas pricing, lack of certainty of contracts and infrastructural deficit to crisis rocking the country’s power sector.
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Inadequate power, inconsistent policies, bad roads affect oil, non-oil investment – Bakumor
Oil and non-oil waste constitute serious problems in petroleum bearing communities. In this interview with Udeme AKPAN, Mr. Yolo Bakumor, Managing Director, Bayelsa State-based De-Rabacon, the winner of the maiden Shell Outstanding Achievement Prize in the 2018 Shell LiveWIRE Top Ten Innovators Awards, comments on a wide range of issues, including the need for increased plastic recycling.
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Nigeria exports N7.3trn crude oil in six months
Nigeria’s crude oil export appreciated by 17.38 per cent to N7.308 trillion in the first six months of 2018 from N6.226 trillion recorded in the last six months of 2017, according to data obtained from the National Bureau of Statistics (NBS).
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TOTAL didn’t award FPSO contract to SHI-MCI, but SHIN — Samsung
Contrary to the Lagos Deep Offshore Logistics Base, LADOL, allegation that it jointly tendered with Samsung Heavy Industries, SHI, for Total’s $3.3 billion Floating Production Storage and Offloading (FPSO) contract, SHI, has disclosed that the contract was awarded to Samsung Heavy Industries Nigeria, SHIN.
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ExxonMobil partners NBA, Africare to develop human capacity in Nigeria
ExxonMobil has disclosed that through the Power Forward project, it would continue to pursue programmes that would bring about youth development and build human capacity across critical sectors of the Nigerian economy.
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Nigeria spends N16bn to import industrial minerals yearly – Bwari
THE Minister of Mines and Steel Development, AbubakarBwari, disclosed that Nigeria spends N16 billion ($44.5 million) on imported industrial minerals yearly to carry out production in the solid minerals sector.
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Global oil industry gasps for $11trn investment
INVESTORS need to invest $11 trillion in oil and gas between now and 2040 in order to meet rising demand in many nations.
In his keynote address at the just concluded meeting in Madrid, Spain, HE Mohammad Sanusi Barkindo, OPEC Secretary General, said, “To meet the expected global expansion will require huge investments.
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Nigeria’s gas flaring drops by 65% in 10 years
CSR: INTELS presents health centre to Delta community
INTELS Nigeria Limited, a leading oil and gas logistics service outfit has built and handed over a modern, well-equipped Health Centre to the Aruakpor-Umah Community, in Uvwie Local Government Area, Delta State.
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