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President Jonathan: Mere capital investments do not promote true economic growth

President Jonathan campaigns for Foreign Direct Investments (FDIs) virtually every day. Do mere capital investments promote sustainable economic growth and industrialisation (SEGI); do mere  FDIs promote SEGI? Again, this article…

NCDMB to build 9 industrial parks in Niger Delta

• As Divcon marks 10th anniversary Federal government has concluded plans to set up nine industrial parks in the nine states of Niger Delta as part of the agenda to…

Expert warns Nigeria on failure to pass PIB

By Obas Esiedesa  /  Senior Reporter, Abuja International oil and gas expert, Michael Wehbeh has warned Nigeria that it must quickly pass the Petroleum Industry Bill and employ the local…

Napims approves N6b Mobil Nigeria community projects in Akwa Ibom state

By Anayo Korie  /  Ag Energy Editor Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC)/MPN joint venture (JV),  has received formal approval from National Petroleum…

FG urged to fast track completion of Ajaokuta steel plant

By Anayo Korie / Ag Energy Editor The industrial and economic development of Nigeria is possible if  the Federal Government would  muster political will   to fast track the completion of…

Eko Disco warns against harassment of Staff

The Eko Electricity Distribution Company (EKEDC)has decried the spate of harassment and violent attacks of its staff on official duty in some communities in recent times. Assistant General Manager, Public…

IOCs to divest 8.8b barrels of crude reserves

By ObasEsiedesa  /  Senior Reporter, Abuja The Department of Petroleum Resources (DPR) has disclosed that by the end of the current assets divestment process by the International Oil Companies (IOCs),…

Abandoned 248 projects in Apapa: Power Minister, others violate traffic laws, drive against traffic

In spite of heavy presence of military personnel to clear the traffic along Apapa-Oshodi Expressway, Lagos for the visiting Minister of Power, Prof. Chinedu Nebo to Apapa Port, the convoy…

Masters Energy to hire 3000 staff on Petrochemicals plant

Masters Energy to hire 3000 staff on Petrochemicals plant

By Anayo Korie Ag Energy Editor   Masters Energy Group of Companies has set the ball rolling to address unemployment problem ravaging  Nigerian youths, with plans to hire over 3000…

Why FID on OKLNG, Brass LNG was delayed – NNPC boss

Why  FID on OKLNG, Brass LNG was delayed – NNPC boss

By Anayo  Okorie and  Obas Esiedesa   The Group Managing Director of Nigerian National Petroleum Corporation NNPC Engineer Andy Yakubu  has given   reasons why Final Investment Decision (FID ) …

Nebo assures South Africa of Nigeria’s commitment on power MoU

Nebo assures South Africa of  Nigeria’s commitment on power MoU

By ObasEsiedesa Senior Reporter, Abuja   Minister of Power, Chinedu Nebo has assured the South African government that Nigeria is committed to the execution of the Memorandum of Understanding (MoU)…

Marginal fields bid round: FG kicks against discretionary allocation

By Anayo Okorie Ag Energy Editor   Ahead of the forthcoming bid round on  marginal fields which is aimed at boosting  Nigeria’s crude production , the Federal Government has been…

Rivers to boost power generation to 750mw

By Anayo Korie Ag. Energy Editor The Rivers State Government  is poised to add more power plants as part of the agenda of stabilizing power supply to further boost industrialization…

LASG seeks more collaboration with NIPCO on cooking gas use

LASG seeks more  collaboration with NIPCO on cooking gas use

By Anayo Korie Ag Energy Editor   The Lagos State Commissioner for Energy and Mineral Resources, Engr Taofiq Tijani has called for more strategic partnership with NIPCO Plc with the …

NALPGAM calls for clarity on Regulation of cooking gas market

NALPGAM calls for clarity on  Regulation of  cooking gas market

By Anayo Korie Ag Energy Editor The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has called for clarification on multiplication of agencies of government who came with various polices…

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