22 December 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $52.25 a barrel…
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He said, “We have gotten approval for the implementation of the constitutionally guaranteed 13 per cent derivation for mineral revenue to states. This is similar to the derivation that which oil-producing states are currently enjoying from the Federation Account.”
He said the Company remained committed to good corporate citizenship and environmental friendliness, as well as fulfilling all statutory and regulatory obligation and striving to exceed expectations in terms of socio-economic offering to the communities is an integral part of their business.
21 December 2016, Sweetcrude, Lagos — THE Nigerian Maritime Administration and Safety Agency, (NIMASA) on Tuesday shut down three port…
“We are honored that we can contribute to the solar boom in Nigeria and joining the renewable energy production hub in the country as it is a part of our ‘German heart and local content’ strategy,” he added.
The Central Bank “has been directed to do this and CBN has promised to do something by putting a system in place to eliminate the black market because it’s damaging the economy,” Adeosun told a conference.
He said the situation was compounded by the facts that contractors handling such projects were Niger Delta indigenes who had developed the habits of collecting mobilization funds from the ministry and afterwards eloped without doing anything at project sites.
21 December 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $51.99 a barrel…
On the earlier plan to have other refineries co-located with the existing refineries, Kragha explained that though the plan was still on course, none of the projected co-location refineries would come on stream in 2017 based on existing timeline for assemblage of the plants.
*Moves to recover $585m debts Chuks Isiwu 21 December 2016, Sweetcrude, Lagos – The Nigerian Ports Authority, NPA, has threatened…
