By George Agba and George Okojie There are indications that some agencies under the Nigerian National Petroleum Corporation (NNPC) may be scrapped as part of the reforms being initiated by President Muhammadu Buhari. The president hinted this yesterday when he listed the removal of bureaucratic bottlenecks created by multiple government agencies as one of the […]
Tag Archives: Govt
The government is making progress on its nuclear new build programme, and is in discussions with various prospective nuclear vendor countries to expand the programme. It had held consultations with a number of nuclear vendor countries recently, namely the United States, Republic of Korea, Russia, France, Japan and China, the Department of Energy said on […]
Cairo — Egypt’s Petroleum Minister Sherif Ismail signed an energy deal worth $ 12 billion (91.5 billion Egyptian pounds) with energy firm British Petroleum (BP) on Saturday. Ismail was cited by Egyptian state news agency MENA as saying that the deal is set to provide Egypt with a quarter of local energy production and will […]
By Frank Kisakye Government is today expected to formally publish an advert calling for bids from companies that are interested in exploring for oil as the new round of licensing gets underway. The firms whose bids are successful will be issued with a detailed request for bids together with the Modal Production Sharing Agreement (PSA) […]
opinion By Masahudu Ankiilu Kunateh Seven months since crude oil prices began to tumble on the international market, no concrete step has been taken by the government to mitigate the risks of the falling prices on the Ghanaian economy. The Institute for Fiscal Studies (IFS), a leading Accra based economic think tank, has revealed in […]
By Solister Mogha Minister of Information Tourism and Culture, Kondwani Nankhumwa Tuesday said expensive jet fuel and lack of airline connectivity both within and across the country is affecting growth of the tourism sector of the country. Nankhumwa said this in Lilongwe during an inter-ministerial networking dinner organized to find solutions to the challenges facing […]
The Swaziland Government has committed itself to pay E900 million (US$ 90 million) to a South African company to build an oil storage facility in the kingdom, even though the project was not put out to open tender. Last month (December 2014), the media were excluded from a House of Assembly session where a special […]
Juba — South Sudan received $ 3.376 billion as revenue from oil exports in 2014, petroleum minister Stephen Dhieu Dau disclosed on Thursday. He said $ 884 million of the money made was paid to Sudan, $ 781 million repaid loans and $ 1.711 billion (or $ 1,711 million) was retained as net amount. “Indeed, […]
By Onyebuchi Ezigbo in Abuja The All Progressives Congress (APC) has alleged that the PDP-led Federal Government is trying to suppress the audit report on the $ 20 billion oil money. The party said the deadline for the release of the report, which was set by the government itself, has come and gone but without […]
By Malawi News Agency The Governments of Malawi and the Peoples Republic of China on Friday signed an agreement for the provision of mobile solar power systems worth about K5 billion (US$ 10 million) to be used in the health sector in the country. Speaking during the signing ceremony at the Ministry of Finance in […]
Turkana County government has obtained Sh2.94 billion grant from the British Government for sensitization of the local community ahead of the commencement of oil production. Governor Josphat Nanok said there is need for the community to be taken on board at the onset of the production phase by Tullow Oil Company to manage public expectations. […]
Photo: Lagos, Nigeria By Jaiyeola Andrews Abuja — Following the downward slide in the price of crude oil on the international market, the federal government on Thursday disclosed that it had mapped out strategies to increase taxes and other internally generated revenues (IGR) in the country. Deputy Governor of Lagos state, Victoria Adejoke Orelope-Adefulire, stated […]
By Maina Waruru Nairobi — When he retired from his publishing job in Nairobi six years ago, Joseph Ojuang moved to a house he had built in Siaya, western Kenya. The home was more than 30 kilometres (18 miles) away from the nearest electrical grid, so Ojuang’s only choice for power was to have a […]
By Edward Ssekika Government is planning on enacting a law that will force all Ugandans to use energy-saving technologies, the Energy and Mineral Development minister revealed last week. Speaking at the sustainable energy forum at Imperial Royale hotel in Kampala, Irene Muloni said her docket was drafting a law that would make it mandatory for […]
By Gresham Ngwira Blantyre — Minibus Owners Association of Malawi (MOAM) has commended Government for reducing fuel prices. MOAM Secretary General, Coxley Kamange made the commendation in an interview with Malawi News Agency on Thursday in Blantyre. He observed that there cannot be any good news than the reduction in fuel prices saying normally fuel […]
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