The price of 93 and 95 octane petrol will decrease by R1.27 and R1.23 a litre on Wednesday, the energy department said on Friday. The price of diesel would decrease by between R1.04 and R1.05 per litre. The price of illuminating paraffin would decrease by R1.44 per litre. Liquefied petroleum gas would decrease by R2.10/kg. […]
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By Austin Ogwuda Enugu—Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Lamorde, yesterday, in Enugu, said the commission had cracked oil subsidy fraud in which over N5 billion had been recovered and more than 40 suspects arrested. Lamorde, who disclosed this at a workshop on effective reporting of financial crimes organized […]
October 24, 2014 Source: U.S. Energy Information Administration, from the Federal Energy Regulatory Commission Investment by U.S. investor-owned utilities in the electricity distribution system has increased over the past two decades. While down from a peak of $ 20 billion in 2012, 2013 levels remain higher than spending in the 1990s and early 2000s. Increased […]
President Goodluck Jonathan, has commiserated with Governor Adams Oshiomhole and the people of Edo State on the death of prominent Nigerian administrator, educationist and elder statesman, Chief Tayo Akpata. A statement by Mr. Reuben Abati, Special Adviser to the President on Media and Publicity said Jonathan also extended sincere condolences to Chief Akpata’s widow, Chief […]
President Goodluck Jonathan, has commiserated with Governor Adams Oshiomhole and the people of Edo State on the death of prominent Nigerian administrator, educationist and elder statesman, Chief Tayo Akpata. A statement by Mr. Reuben Abati, Special Adviser to the President on Media and Publicity said Jonathan also extended sincere condolences to Chief Akpata’s widow, Chief […]
By Ejiofor Alike and Paul Obi With Agency Report The United States government has launched investigation into crude oil shipments from Saltpond platform, a small oil facility off the coast of Ghana, due to strong suspicion that some of Nigeria’s stolen oil may be exported through the facility. The majority owner of the platform, Lushann […]
By Lizabeth Paulat Kampala — Uganda’s oil sector is ramping up and many have high hopes for its economic impact on the country. But some in Uganda are noting concerns over the lack of governmental transparency and help for people affected by oil development projects. The discovery of oil in Uganda in 2006 was followed […]
By Demola Akinyemi ILORIN—Emir of Ilorin and Chairman Kwara State Traditional Council, Alhaji Ibrahim Sulu-Gambari, yesterday expressed concern over the spate of insecurity in some parts of the country even as he cancelled the traditional sallah homage (Hawa’n Barike) to the government house. In continuation of the Eid el Fitr Sallah celebration marking the end […]
Acting Libyan Prime Minister announces oil standoff is over Ibrahim Jadran Libya's acting Prime Minister Abdullah Al-Thani said on Thursday that the government has reached a deal with a rebel leader controlling oil ports to hand over the last two terminals and end a blockade that has paralysed the country … Read more on Middle […]
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