Business

By Godwin Chukwumaechi  The Nigeria Liquefied Natural Gas Limited (NLNG) has absolved itself of responsibility for the rising cost of Liquefied Petrolatum Gas (LPG) also known as cooking gas in the country. The company blamed it on the interplay of factors including the exchange rate of the naira to the …

By Godwin Chukwumaechi  An entrepreneur and chief executive officer (CEO) of Construction & Housing Mayor Limited, Mr. My-Ace China, has urged the media to capitalise on its strength and create a new era where people see Port Harcourt as where they can live and do business. He charged the media …

By Godwin Chukwumaechi Some members of oil bearing communities, civil society groups and their legal counsel, led by Igoh Owhondah-Wopara Esq, have warned that certain provisions of the Petroleum Industry Act, PIA, as they relate to host communities, have the potentials of igniting crisis in the Niger Delta. The group …

By Godwin Chukwumaechi  The Nigeria Liquefied Natural Gas Company Limited, NLNG has announced that 100% of its management staff are now Nigerians. This is as over 95% of its workforce are also Nigerians. The company announced that the feat was made possible through sttrategic local and international trainings to grow …

By Amos Odhe, Yenagoa There is rising panic in Okpoama kingdom of Brass Local Government Area of Bayelsa State following a deadly gas leak from the oil well belonging to the Nigerian Petroleum Development Company (NPDC), a subsidiary of the NNPC. The gas leakage, which occured along the Bendick+Kiri axis …

By Amos Odhe As the Akwa Ibom State capital, Uyo, continues to thrive as an emerging tourism destination in the South South region due to its cultural, sports, and amusement facilities, a non-governmental organisation, De Messiah Elderly Home & Care Outreach, has introduced a special tourism product, ‘Ibom Senior Citizens …

By Amos Odhe, Yenagoa The executive director of Stakeholders Alliance for Corporate Accountability (SACA) Kingsley Ozegbe, has disclosed that a review of the National oil spill monitor website has revealed that third party interference, vandalism and willful damage has accounted for 76.24% of 1,107 oil spill incidences between January 2018 …

Special adviser on Oil and Gas to the Bayelsa State governor, Hon. Franklin Otele, has said that the introduction of pipeline surveillance by the Federal Government as a strategy to end pipeline vandalism and oil theft has help to boost the economy of state governments in the country, especially Bayelsa. …

… Accuses NNPCL of Rating of AA Rano, other Northern Companies over Niger Delta Contractors By Amos Odhe, Yenagoa A former militant group, the Reformed Niger Delta Avengers (RNDA), has threatened showdown with the over the group chief executive officer (GCEO) of the Nigerian National Petroleum Company Limited, NNPCL, Mr …

By Amos Odhe, Yenagoa The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has identified the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 as one of the key levers for actualizing the Renewed Hope Agenda of President Bola Tinubu’s administration. Speaking …