Oil & Gas

Aug
30
2023
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By Abia ThinkTank
Just In: Tinubu Sacks Lauretta Onochie; Appoints New Chairman And Members Of Board Of Niger Delta Development Commission(NDDC)

Just In: Tinubu Sacks Lauretta Onochie; Appoints New Chairman And Members Of Board Of Niger Delta Development Commission(NDDC)

Oil & Gas, Politics
President Bola Tinubu has dismantled the current board and management of the Niger Delta Development Commission (NDDC) President Bola Tinubu has revoked the existence of the present NDDC board and management, which was led by Lauretta Onochie. Consequently, he has sanctioned the establishment of an entirely new NDDC board and management. Tinubu appointed Chiedu Ebie from Delta State as the new chairman of the boaThe president’s media aide, Ajuri Ngelale, released a statement on Tuesday confirming that the new appointments were effective immediately. The newly appointed individuals are Chiedu Ebie (Chairman – Delta), Samuel Ogbuku (Managing Director/CEO – Bayelsa), Boma…
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Aug
17
2023
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By Abia ThinkTank
Tinubu Drops El-Rufai From Cabinet, Set To Appoint Self As Petroleum Minister

Tinubu Drops El-Rufai From Cabinet, Set To Appoint Self As Petroleum Minister

Presidency, Oil & Gas
Tinubu Drops El-Rufai From Cabinet, Set To Appoint Self As Petroleum Minister President Bola Ahmed Tinubu might likely assign the Petroleum Ministry portfolio to himself as he dropped former Kaduna state governor, Mal. Nasiru El-Rufai from his cabinet. On Wednesday evening, Tinubu through a statement signed by Willie Bassey, the Director, Information in the office of the Secretary to the Government of the Federation, announced the portfolios of the 45 ministerial nominees confirmed by the senate. Former Rivers State governor Nyesom Wike emerged as Minister of Federal Capital Territory (FCT) and Festus Keyamo as head of the Aviation Ministry, while…
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Aug
17
2023
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By Abia ThinkTank
Petrol Pump Price Won’t Go Up, Subsidy Remains – President Tinubu

Petrol Pump Price Won’t Go Up, Subsidy Remains – President Tinubu

Oil & Gas, Economy
Petrol Price Won’t Go Up, Subsidy Removal Stays – Tinubu Following rumours of a hike at the weekend, there was panic buying in some places, with Labour threatening a nationwide strike without notice should there be a further price adjustment. The Nigerian National Petroleum Company Limited (NNPCL) said it had no plan to adjust the current pump price. Ngelale stressed that Labour’s strike threat was premature. He told reporters at the Presidential villa that the steps being taken to clean up inefficiencies within the petroleum industry continue. He said: “The President wishes, first, to state that it is incumbent upon…
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Aug
05
2023
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By Abia ThinkTank
NNPCL Set To Partner NIPCO To Provide Cheaper Alternative Fuel At 100/Litre To Motorists In Nigeria

NNPCL Set To Partner NIPCO To Provide Cheaper Alternative Fuel At 100/Litre To Motorists In Nigeria

Oil & Gas
NNPCL Set To Partner NIPCO To Provide Cheaper Alternative Fuel At 100/Litre To Motorists In Nigeria The Nigerian National Petroleum Company Limited (NNPCL) announced on Thursday that it is partnering with NIPCO Gas Limited to develop Compressed Natural Gas (CNG) stations in the country. Mele Kyari, the NNPCL group chief executive officer, disclosed this at a press briefing in Abuja on Thursday. According to the NNPCL, the partnership is part of the company’s commitment to reducing its carbon footprint and providing cheaper alternative fuel to motorists in the country. “As part of the NNPCL commitment to reducing carbon footprint and…
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