Wednesday, January 17, 2018
Email: contactus@todaynewsafrica.com

Nigerian minister of petroleum is shocked Nigeria can’t refine its oil

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, expressed shock on Thursday about Nigeria's inability to refine its oil. Mr. Kachikwu described Nigeria’s inability to refine its crude...

Nigeria: 10 Modular refineries reach advanced stage, 2 ready, says VP Osinbajo

The Buhari administration is committed to promoting the establishment of privately financed modular refineries so as to increase local refining capacity, create jobs, ensure peace and stability...
buhari jonathan

Breaking: Nigerian officials have stolen $20.2 billion oil money in just 18 years, human...

Nigerian human rights lawyer Femi Falana on Wednesday accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit over $20.2bn since the return of democracy in...

Breaking: The buhari administration releases details on oil-rich Niger Delta new vision

The administration of President Muhammadu Buhari has released what it called fact sheet on the new vision in the Niger Delta. The details were released by the...

Governor Ambode just took a big step to ensure oil does not become a...

Lagos State Governor, Mr. Akinwunmi Ambode, took another big step today to ensure that oil does not become a big curse for Lagos but constitutes a blessing. Mr....
Osinbajo

Nigeria pledges to uphold transparency in oil and gas industry

Nigeria will continue to embrace transparency in the extractive sector because it is in the country’s overriding national interest to do so, according to Vice President Yemi...

Secrecy provides convenient cover for the criminal and the corrupt, says Nigerian Vice President

Nigerian Vice President, Yemi Osinbajo, has called for concrete steps to tackle corporate secrecy and illicit financial flows, saying that both are often linked. Mr. Osinbajo, who was...
Buhari

Buhari Signs University Of Petroleum Resources Bill, Pledges Support For Development Of Niger Delta

President Muhammadu Buhari on Tuesday pledged continued support for the socio-economic development of the Niger Delta region. Giving the assurance at a brief ceremony in the State House...
buhari fec

Opinion | The Gargantuan Corruption In The Nigerian Oil Industry

Successive administrations in Nigeria, including the current one, have claimed to promote transparency and accountability by following due process in financial dealings and public procurement. Nevertheless, governments...
Osinbajo in Ondo simon ateba news africa

Trust Buhari And I, Osinbajo Begs, We’ll Deliver Our Promises To Oil Communities

Nigeria’s Vice President, Yemi Osinbajo, pledged on Tuesday that the Federal Government would deliver promises it made to oil producing communities in the Niger Delta, from modular...

Breaking: Nigerian Court Orders Interim Forfeiture Of N2.6 Billion Linked To Ex-oil Minister 

The Federal high court sitting in Lagos has ordered the interim forfeiture of assets valued at ₦2.6 billion linked to former Petroleum Minister, Mrs. Diezani Alison Madueke. The assets,...

3 PIB Related Bills Scale Second Reading in Senate

In keeping with its promise to fast-track the passage of all relevant laws that will reposition the nation's oil industry in line with global best practices, the...

Updated: Nigeria’s Senate Passes Petroleum Industry Governance Bill To Correct Anomalies In Nigeria’s Oil...

The Nigerian Senate on Thursday passed the Petroleum Industry Governance Bill, PIGB, to correct many anomalies in the oil and gas industry, create a conducive business environment...

BREAKING: President Buhari Releases N30 Billion For Ex-Niger Delta Militants. Plans To Release N5...

The administration of President Muhammadu Buhari has released an additional N30 billion to step-up the Amnesty Programme in the oil rich but impoverished Niger Delta region, the...

Niger Delta States Agree To Replace Nigeria’s Illegal Refineries With Modular Ones, Vice President...

Press statement from the office of the Vice President As implementation efforts on President Muhammadu Buhari’s New Vision for oil-producing communities in the Niger Delta region progress, states...

BREAKING: Senate To Receive Final Report On Petroleum Industry Governance Bill On April 25

After two years of delay, the Nigerian Senate finally announced in a statement on Thursday that "barring any last minute changes, the Senate Joint Committee on Petroleum (Upstream,...

BREAKING: Nigeria To Transform Niger Delta Illegal Oil Refiners To Shareholders Of Proposed Modular...

Details of the President Muhammadu Buhari's New Vision for oil-producing communities in the Niger Delta are just beginning to emerge as an idea is now being worked...

$1.6bn Oil Scam: Diezani’s Ally, Omokore, Breached Contractual Agreement – NPDC MD

  The managing director, Nigerian Petroleum Development Company Limited, NPDC, Yusufu Matashi, on Thursday, March 2, 2017 told Justice Nnamdi Dimgba of the Federal High Court sitting in...

Niger Delta: Government Activates $20 Billion Ogidigben Gas Project

A plan to put in place a $20 billion gas industrial park through a Public-Private Partnership model is now in process in the Niger Delta region, the...
video

Nigeria Lost Between $50 Billion And $100 Billion In 2016 To Activities Of Oil...

By Simon Ateba/Lagos In 2016, Nigeria lost between $50 billion and $100 billion due to the activities of militants who were blowing up oil and gas installation in...

LATEST

Breaking: 4 suicide bombers kill 10, injure 65 in Maiduguri, Nigeria

boko haram bombing in waza
Four female suicide bombers have killed 10 people and injured 65 others in the northeastern Nigerian city of Maiduguri. Emergency Response Team (ERT) from the...

Family of H&M racism victim relocates for security reasons

The family of the five-year-old H&M racism victim has moved house in Sweden for security reasons, his mother told the BBC. Anger and condemnation spread...

Nigeria’s Buhari to Gambia’s Barrow: Yahya Jammeh gave us no choice...

Buhari Barrow
Nigerian President Muhammadu Buhari on Tuesday explained that he and other leaders of the Economic Community of West African States (ECOWAS) had to use...

In fresh attacks, Boko Haram kills 4 in Cameroon, many in...

At least four persons were killed overnight by Boko Haram terrorists in Cameroon and dozens of huts and a church were set on fire. The...

Fake Nigerian First Lady paraded by police in Abuja

She is not Aisha Buhari, the wife of Nigerian President, Muhammadu Buhari.  But the police in the Nigerian capital Abuja have paraded a suspected female...