Oil and gas industry operators say Nigeria should not be stampeded into adopting Western countries’ energy transition plans that could hurt its development, but to transit to clean energy at its own pace, using its most available resource- gas. On account of economic shutdowns to halt the pelting march of a pathogen, the world recorded […] Read Full Story
By Michael Eboh Eight oil-producing states received N6.589 trillion from the Federation Account under the 13 per cent derivation principle, between 2009 and 2019, with little or no impact on the lives of citizens of the states, according to a report published by ACIOE Associates. The report, obtained, following its release, at a webinar in
The post 13% Derivation: Eight states receive N6trn in 11 years — Report appeared first on Vanguard News.
National Public Relations Officer, for the Independent Petroleum Marketers Association of Nigeria, IPMAN, Alhaji Yakubu Suleiman has described the sudden increase in the pump price of premium motor spirit, PMS, and the scarcity that is creeping on Nigerians as a clear reaction to market forces which was beyond the control of both Major and Independent Marketers in the country.
The post Petroleum products reacting to market forces — IPMAN Spokesman appeared first on Vanguard News.