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All posts tagged "NUPRC"

The Nation3 weeks ago

How simple phone call to Tinubu landed my daughter good govt job– Buba Galadima

Buba Galadima, a prominent member of the New Nigeria Peoples Party (NNPP) and a key leader in the Kwankwasiyya movement, has shared how his daughter landed...
Business1 month ago

Fuel price hike looms as FG suspends crude supply to Dangote

Following the Dangote Petroleum Refinery’s decision to suspend the sale of petroleum products in naira, some filling stations have begun stockpiling Premium Motor Spirit (PMS) in...
News2 months ago

House of Reps secures $37.43M commitment from 7 oil firms amid royalty payment probe

The House of Representatives has secured a commitment from seven oil and gas processing companies to remit a total of $37.43 million (approximately ₦58 billion) to...
Business3 months ago

Stakeholders express worry as Nigeria’s annual crude production bill reaches N18tn

Nigeria spends approximately N1.57 trillion monthly on crude oil production, translating to about N18 trillion annually, according to findings from The PUNCH. Industry operators have expressed...
News6 months ago

Drama unfolds at Reps as Oyetola alleges FG signed cargo tracking agreement in error

On Monday, the House of Representatives witnessed unexpected drama as Minister of Blue and Marine Economy, Gboyega Oyetola, challenged the legitimacy of a multi-billion-dollar cargo tracking...
Aerial view of Nigeria Liquefied Natural Gas (NLNG) plant at Bonny Island in Rivers State on March 22, 2013. Shell Petroleum Development Company of Nigeria (SPDC) has threatened to shut down production in April for nine days in the entire Nembe Creek Truck Line (NCTL) to remove a number of bunkering points on pipelines vandalised by oil thieves in the region. "Whenever we observe a spill, or have a spill on our lines, we shut down production to depressurize and isolate the line, only then can we safely repare our lines because it is then safe to manipulate the line", said Jurgen Jonzen, SPDC corporate pipeline asset manager. Last year, 157 bunkering points were removed and 116 were leaking on the whole SPDC exploitation. Since 2009, SPDC has exprienced an upsurge in vandalisation of pipeline network by criminals causing severe environmental devastation of the region and forcing the company to lose 60 000 barrels daily this year. AFP PHOTO / PIUS UTOMI EKPEI

Aerial view of Nigeria Liquefied Natural Gas (NLNG) plant at Bonny Island in Rivers State on March 22, 2013. Shell Petroleum Development Company of Nigeria (SPDC) has threatened to shut down production in April for nine days in the entire Nembe Creek Truck Line (NCTL) to remove a number of bunkering points on pipelines vandalised by oil thieves in the region. "Whenever we observe a spill, or have a spill on our lines, we shut down production to depressurize and isolate the line, only then can we safely repare our lines because it is then safe to manipulate the line", said Jurgen Jonzen, SPDC corporate pipeline asset manager. Last year, 157 bunkering points were removed and 116 were leaking on the whole SPDC exploitation. Since 2009, SPDC has exprienced an upsurge in vandalisation of pipeline network by criminals causing severe environmental devastation of the region and forcing the company to lose 60 000 barrels daily this year. AFP PHOTO / PIUS UTOMI EKPEI

Business7 months ago

Nigeria’s oil production declines by 1.7% in September – Reports

Nigeria’s oil production, including condensates, witnessed a decline in September 2024, falling to 1.544 million barrels per day (bpd) from 1.570 million bpd in August. This...
Latest News7 months ago

Peter Obi faults fuel price hike by Tinubu’s govt, says it’s insensitive

Peter Obi, the Labour Party’s presidential candidate in the 2023 general election, has strongly criticized the recent fuel price hike, calling it “unfortunate and insensitive”. PlatinumPost...
Headline7 months ago

For the records: FULL TEXT of president Tinubu’s speech on 64th Independence Anniversary

TEXT OF NATIONAL BROADCAST BY PRESIDENT BOLA AHMED TINUBU ON THE 64TH INDEPENDENCE ANNIVERSARY OF THE FEDERAL REPUBLIC OF NIGERIA OCTOBER 1, 2024. Fellow Nigerians, as...

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