https://www.westafricanpilotnews.com/wp-content/uploads/2021/09/Zainab-Ahmed-Minister-Finance_file-1280x720.jpg

Minister of Finance, Zainab Ahmed, has called for the removal of fuel subsidy, saying the retention was hurting the economy and impeding investments in human capital development. Ahmed who spoke on Tuesday in Abuja at the launch of the Nigeria Development Update (NDU) 2022 report by the World Bank, said N4.5 trillion spent on subsidies would have been invested in health and education. NAN quoted Ahmed explaining that if subsidy was not in the budget,...

https://www.westafricanpilotnews.com/wp-content/uploads/2021/09/President-Mohammadu-Buhari-sacks-two-ministers-9-1-21-1280x720.jpg

By Edith Ike-Eboh and Emmanuel Afonne Activities for the week at the Nigerian National Petroleum Company Limited (NNPC Ltd), started with a cheering news that President Muhammadu Buhari will unveil the new NNPC on July 18. This was disclosed within the week by the Group Managing Director/Chief Executive Officer of NNPC, Malam Mele Kyari, at the opening ceremony of the 8th African Petroleum Congress and Exhibition (CAPE VIII) which held in Luanda, Angola. Kyari said...

https://www.westafricanpilotnews.com/wp-content/uploads/2020/06/OilGas-Nigeria-Flaring_06-04-20-1280x720.jpg

ABUJA — Automobile experts have expressed optimism that Nigerians will be able to save about 40% of energy cost with the taking off of the Autogas conversion initiative which sought to convert ordinary PMS/gasoline vehicles to run on the LGP and LPG Gases. The Federal Government, through the office of the Minister of State for Petroleum Resources, Timipre Sylva, had in January 2022, said that Nigeria would begin the conversion of petrol-powered vehicles to Autogas...

https://www.westafricanpilotnews.com/wp-content/uploads/2022/03/IPMAN-Fuel-tankers-File-1280x720.jpg

KANO — The Independent Petroleum Marketers Association of Nigeria (IPMAN) has alerted Nigerians to prepare for the worst fuel crisis unless the Federal Government prevails on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to pay its members their outstanding claims amounting to over N500 billion. Bashir Danmalam, the IPMAN chairman in Kano state made the terse remarks while addressing a news conference in Kano, maintained that the failure of the NMDPRA to pay...

https://www.westafricanpilotnews.com/wp-content/uploads/2020/09/Fuel-Scarcity-03-27-20-1280x720.jpg

ABUJA — The Nigeria National Petroleum Company (NNPC) has expressed concern about the sudden appearance of queues in parts of the Federal Capital Territory, Abuja. General Manager, Group Public Affairs Division of the NNPC, Garba Deen-Mohammed, in a statement, however, assured residents not to panic as normalcy would return as quickly as possible. According to the statement, the queues are due to low load-outs at Depots, which usually happen during long Public Holidays; in this...

https://www.westafricanpilotnews.com/wp-content/uploads/2022/04/PENGASSAN_image-1280x720.jpg

By Esenvosa Izah LAGOS — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) said it would ensure that issues of casualisation in the oil and gas industry are reduced to the barest minimum. PENGASSAN’s President, Mr. Festus Osifo, made this known at a media parley with the Labour Writers Association of Nigeria held on Tuesday in Lagos. Osifo also made the declaration as part of the union’s congratulatory message to workers in...

https://www.westafricanpilotnews.com/wp-content/uploads/2022/04/Explosion-Imo-illegal-refinery_file-photo-1280x720.jpg

OWERRI — The death toll in the illegal refinery explosion in Imo State has risen to 110, the National Emergency Management Agency (NEMA) has said. Mr. Ifeanyi Nnaji, who is the agency’s Head of Operations in the state, confirmed the toll to journalists on Monday. It was earlier reported that an unconfirmed number of people were killed in the explosion that occurred at an illegal refinery site on Friday night. The unauthorized refining plant is...

https://www.westafricanpilotnews.com/wp-content/uploads/2021/01/DPR-Pump-1-30-21-1280x720.jpg

ABUJA — Lawmakers in the lower chamber of the National Assembly have expressed worry over the outrageous rise in the cost of diesel and cooking gas, launching an investigation into the cause. Presenting the motion at the plenary on Tuesday, Hon. Chike John Okafor, (APC, Imo State) lamented the outrageous rise in the price of diesel, as the product which was sold between N280 to N350 per liter three weeks ago is currently being sold...

https://www.westafricanpilotnews.com/wp-content/uploads/2020/03/NNPC-319-20-1280x720.jpg

ABUJA — The Nigerian National Petroleum Company Limited is to deduct N242.53bn as subsidy on Premium Motor Spirit, popularly called petrol, from the Federation Account this month. Although it described the proposed subsidy deduction as a value shortfall, the oil firm stated that the fund would be recovered from February 2022 proceeds due for sharing in the March 2022 Federation Account Allocation Committee meeting. The NNPC disclosed this in its latest presentation to the FAAC...

https://www.westafricanpilotnews.com/wp-content/uploads/2020/05/NNPC-HQ-Abuja-05-07-20-1280x720.jpg

ABUJA — The Nigerian National Petroleum Company Limited has said it will deduct N242.53 as subsidy for Petroleum Motor Spirit (PMS), popularly called petrol, from the federation account for the month of March. Although it described the proposed subsidy deduction as a value shortfall, the oil firm stated that the fund would be recovered from February 2022 proceeds due for sharing in the March 2022 Federation Account Allocation Committee meeting. The NNPC disclosed this in...

WP2Social Auto Publish Powered By : XYZScripts.com