Petroleum sector Archives - African Gazette

Experts task petroleum minister on overhaul of downstream sector

August 29, 2023 AfricanGazette Comments Off

Some stakeholders in the oil and gas industry have called on the Minster of State, Petroleum Resources, Mr Heineken Lokpobiri, on the need for overhauling of the downstream sector for effective performance. They made the […]

FG, states, LGAs share N1.424tri revenue for December

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The Federal Government, state governments, and Local Government Areas (LGAs) have shared a total revenue of N1.424 trillion generated in December 2024, according to the Office of the Accountant General of the Federation (OAGF). This […]

EFCC raids Yahoo academy in Benin, arrests 25 suspected internet fraudsters

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The Economic and Financial Crimes Commission (EFCC) has apprehended 25 suspected internet fraudsters during a raid on a cybercrime training center, popularly known as a “Yahoo Academy,” in Benin City, Edo State. According to a […]

Works Minister, Umahi, orders removal of speed bumps on federal highways

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In a move to enhance traffic flow and reduce congestion, the Minister of Works, David Umahi, has directed the removal of speed bumps on federal highways across Nigeria. Umahi issued this directive during a two-day […]

PSC appoints Banji Lawal as Deputy Inspector-General of police for South-West

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The Police Service Commission (PSC) has named Mr. Banji Lawal as the new Deputy Inspector-General of Police (DIG), representing the South-West geopolitical zone in the Force Management Team. In a statement issued on Friday in […]

President Tinubu applauds governors for supporting tax reform bills

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President Bola Tinubu has commended Nigerian governors for their unanimous endorsement of the four Tax Reform Bills currently under review by the National Assembly. In a statement issued by Bayo Onanuga, Special Adviser to the […]

Power outage hits parts of Abuja following fresh attack on TCN infrastructure

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The Transmission Company of Nigeria (TCN) has announced another incident of vandalism on its power infrastructure, resulting in a blackout across parts of Abuja. According to a statement released by TCN’s Public Affairs Manager, Ndidi […]

PDP crisis deepens as feud between governor Fubara, Nyesom Wike escalates

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The internal crisis within the Peoples Democratic Party (PDP) has intensified, with the National Working Committee (NWC) now divided over the ongoing rift between Rivers State Governor Siminalayi Fubara and the Minister of the Federal […]

General Hydrocarbons Limited seeks court order to unfreeze assets in $225.8M loan dispute

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General Hydrocarbons Limited (GHL) has approached the Federal High Court in Lagos, requesting the discharge of an order freezing its assets and accounts. The freezing order, initially granted to recover an alleged $225.8 million loan, […]

Lagos Assembly elects new principal officers amid leadership shake-Up

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The Lagos State House of Assembly has experienced a major leadership overhaul, with the Speaker, Rt. Hon. Lasbat Mojisola, announcing the election of new principal officers. This significant development comes in the wake of the […]