The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has said that with adequate infrastructure, Nigeria can harness $2.5 trillion and 350 million jobs opportunities embedded in the world blue economy.
Jamoh said this while speaking at the opening ceremony of a five-day training for journalists on maritime security reporting organised by the Kofi Annan International Peacekeeping Training Centre (KAIPTC) in collaboration with Denmark’s Ministry of Foreign Affairs and NIMASA in Lagos.… Read the rest
Bukola Adubi, the chief operating officer of MicCom Cables and Wires, has emphasised the need to extend the implementation of Executive Order 5 (EO5) beyond the oil and gas sector in Nigeria.
In a statement on Tuesday, Adubi was reported to have made the call on the margins of the just concluded Nigerian Economic Summit, held in Abuja.
The Summit had its theme: “Pathways to sustainable economic and transformation and inclusion.”… Read the rest
The Niger Delta Development Commission, NDDC has said it will work with International Oil Companies, IOCs, and other development partners to increase investments in renewable energy projects to reduce the impact of climate change in the Niger Delta region.
Speaking during a courtesy visit by a delegation from TotalEnergies Nigeria Limited at the NDDC headquarters in Port Harcourt, the Commission’s Managing Director, Dr Samuel Ogbuku, reaffirmed the importance of sustainable partnerships in driving the development process.… Read the rest
President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the redeployment of one current Executive Commissioner, pending their confirmation by the Nigerian Senate:
(1) Bashir Indabawa — NW — Executive Commissioner, Exploration & Acreage Management.
(2) Kelechi Ofoegbu — SE — Executive Commissioner, Corporate Services & Administration (Redeployed).… Read the rest
President Bola Tinubu has tasked African leaders with full automation in order to remain competitive in the maritime sector.
Tinubu made the appeal at the 43rd Annual Council Meeting and 18th Roundtable of Managing Directors/Exhibition of the Port Management Association of West and Central Africa (PMAWCA) on Monday in Lagos.
The meeting hosted by the Nigerian Ports Authority (NPA) had the theme ‘The Role of Ports in the African Continental Free Trade Area (AfCFTA).’… Read the rest
An Academic, Dr Yetunde Aladeitan has urged a comprehensive energy strategy that combines Compressed Natural Gas (CNG), improved refinery operations, and investment in renewable energy sources to address Nigeria’s energy challenges.
Aladeitan urged the Federal Government to consider the long-term sustainability and affordability of these energy solutions while addressing the concerns of the citizens.
Aladeitan, a Senior Lecturer, at the Department of Chemical Engineering, University of Abuja, said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.… Read the rest
The state of Nigeria’s pipelines and their vulnerability to physical and cyber attacks came under focus at a conference, organised by Energy and Corporate Africa, in collaboration with Pipeline Professionals’ Association of Nigeria (PLAN), in Abuja, yesterday.
At the event, stakeholders warned that the nation must prioritise pipeline technology amid growing crude oil theft and vandalism.
Participants included: the founder of OilServ, Emeka Okwuosa; Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Ogbonna Orji and Chief Executive Officer of Green Energy International Limited, Prof.… Read the rest
The Nigeria Liquefied Natural Gas Limited (NLNG), on Monday, stated that the ongoing construction of the $5 billion Train-7 project being undertaken at Finima, Bonny Island, Rivers State, was at 52 percent completion rate and currently engages 8,300 Nigerians.
This was revealed when the management of NLNG, led by its Managing Director, Dr. Philip Mshelbila, held an engagement session with Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, at the gas company’s operational base in Bonny Island.… Read the rest
The scarcity of Liquefied Petroleum Gas also known as cooking gas has hit Lagos and some other states in the country.
The other affected states, according to findings by our correspondents are Katsina, Sokoto, Delta, Kaduna, and Kano.
The rise in the price of the commodity has been noticed since late last month, causing a continuous rise in prices, The PUNCH has learned.… Read the rest
Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), said he is holding the Nigerian National Petroleum Company Limited (NNPCL) accountable for the completion dates of the rehabilitation of Nigeria’s moribund refineries.
Mr Lokpobiri disclosed this while responding to the questions asked by the State House Correspondents at the end of the three-day retreat at the Presidential Villa.
When asked when the rehabilitation of the refineries will be completed, Mr Lokpobiri said: “Yes, the rehabilitation of the refineries if you could remember, was started by the previous administration and as part of the President’s directive, I have gone round all the refineries and from what they have briefed me, Port Harcourt has 3 phases, so Phase 1 will be ready by the end of this year.… Read the rest