NIGERIA’s current power generation has reached 7000 Mega Watts, the Minister of Power, Works and Housing, Mr Babatunde Fashola, has said.Fashola said this on Friday in Calabar at the Federal Ministry of Power, Works and Housing 4th Edition Retreat for top directors, heads of units and chief executives of agencies and parastatals.
PERMANENT Secretary, Federal Ministry of Science and Technology, Mr. Bitrus Bako Nabasu says the Federal Government is poised to boost technical capacity in some focal MDA’s and develop small hydropower potential sites so as to achieve energy demand of the country.
Dakuku Peterside, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA)
As part of measures to ensure total compliance with the provisions of the International Ships and Ports Facility Security (ISPS) code, the Nigerian Maritime Administration and Safety Agency (NIMASA) has taken stern measures against three alleged erring facilities namely; Heyden Petroleum Jetty, Index Petroleum Oil Jetty, Waziri Jetty operated by Hemsmor Nigeria Limited, NIPCO in Lagos, while the Pinnacle Oil and Gas Petroleum, Warri, Delta State was also affected by the action.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has charged members of the Joint Management Committee (JMC) of the Nagarjuna Fertilizer Project to work hard to achieve early Final Investment Decision (FID) for eventual take-off of the project.
Worried about the current metering challenges in the nation, engineers under the umbrella of Nigeria Society of Engineers (NSE) have called for immediate solution to the problem.
Buhari and Issoufou oversee the signing of the MoU which was done on behalf of their countries by Kachikwu for Nigeria and Foumakoye Gado, minister of Petroleum, for Niger respectively.
Nigeria’s oil and gas sector received a major boost as Nigeria and the Republic of Niger signed Memorandum of Understanding (Mou) on the construction of two billion dollars Hydrocarbon Pipeline and Refinery in Nigeria.
Total, the French energy giant has closed the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD 1.5 billion.
China National Offshore Oil Corporation (CNOOC) has expressed readiness to invest additional $3billion in its existing stakes in offshore oil and gas operations in Nigerian.
Vice President, Prof Yemi Osibanjo and the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote were among other top Federal Government officials were at the Silicon Valley, California, USA to canvass for foreign direct investment in Nigeria to over 25 key international players in the Information Communication Technology(ICT) industry.
Global supply prospects will remain at the forefront of the oil market in the weeks ahead after prices posted sharp losses last week amid reduced bets on a global crude shortage.