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Fuel Scarcity: Buhari meets Kachikwu, Baru, marketers, others Monday

  President Muhammadu Buhari has summoned stakeholders in the sub-sector of the economy to a major engagement in Aso Rock tomorrow (Monday), vanguard reports. According to the newspaper, the parties invited included Dr. Ibe Kachikwu, Minister of State for Petroleum Resources; Mr. Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation, NNPC;

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Fuel Scarcity persists as NNPC, depot owners bicker over N21.7bn debt

    Fuel scarcity persisted as the Depot and Petroleum Products Marketers Association (DAPPMA) (fuel depot owners) and the Nigerian National Petroleum Corporation (NNPC) are currently bickering over a N21.7 billion debt and who should be blamed for the persisting crisis hurting Nigerians. While the depot owners insist they do not have any

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Buhari orders security agencies to beef up surveillance against Fuel diversion

Agency reports     President Muhammadu Buhari has ordered security agencies to beef up surveillance and enforce distribution of petroleum products to intended destinations. The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, said this while briefing newsmen on steps the government had taken to ease persistent fuel diversions around the

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Govt to begin $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline

  The Infrastructure Concession Regulatory Commission (ICRC) said that the 2.8 billion dollars Ajaokuta–Kaduna–Kano (AKK) gas pipeline project would soon commence. The acting Director-General, ICRC, Mr Chidi Izuwah, in a statement on Thursday in Abuja, said that the project would be executed through a Public-Private Partnership (PPP), under the supervision of the

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France to quit oil, gas production by 2040,parliament passes law

  The French lower house of parliament has approved a law that provides for the gradual abandonment of the exploration and production of oil, gas and coal by 2040, Vanguard reports. French Ecology Minister, Nicolas Hulot, said in a communique that “this law links the legislation with the obligations taken within the

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