Month: February 2023

Peter Obi promises to move Nigeria beyond oil, end petrol subsidy and scarcity

Peter Obi promises to move Nigeria beyond oil, end petrol subsidy and scarcity

Posted by | Feb 22, 2023 | , , |

Peter Obi promises to move Nigeria beyond oil, end petrol subsidy and scarcity Peter Obi, the most popular and likely winner of the 25th February presidential election, says the country must look for ways to run beyond oil. Obi, the most experienced, transparent and competent amongst the contending candidates disclosed to Petroleum Newspapers that Nigeria must stop fuel subsidy and end scarcity as soon as Labour Party assumes office in May, 2023. “From where I stand, I dare to proclaim that Nigeria’s democracy must survive. The new alliance that we seek is between Nigerian youths, the Labour Party, which...

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Shell Pledges Support as Federal Govt’s moves to Preserve Oloibiri Heritage.

Shell Pledges Support as Federal Govt’s moves to Preserve Oloibiri Heritage.

Posted by | Feb 22, 2023 | , , |

Shell Pledges Support as Federal Govt’s moves to Preserve Oloibiri Heritage. Oloibiri is where Shell first struck oil in commercial quantity in 1958. The Shell Petroleum Development Company of Nigeria Limited (SPDC) has restated its commitment to support the federal government’s efforts to preserve the heritage of Oloibiri in Bayelsa State.Oloibiri is where SPDC first struck oil in commercial quantity in 1958.   Managing Director, SPDC, Osajie Okunbor, made the pledge at the historic site of Oloibiri Oil Well No.1 during the groundbreaking ceremony for Oloibiri Museum and Research Centre (OMRC) in Ogbia Local Government Area of Bayelsa. The Oloibiri oil...

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Those Managing Nigeria’s Oil Must Account for Crude Oil Theft, VP Osinbaja

Those Managing Nigeria’s Oil Must Account for Crude Oil Theft, VP Osinbaja

Posted by | Feb 22, 2023 | , |

  Those Managing Nigeria’s Oil Must Account for Crude Oil Theft Says addressing crude oil theft, sabotage major concern of govt Deji Elumoye in Abuja Vice President Yemi Osinbajo has declared that tackling crude oil theft and sabotage remains a major concern of the Federal Government saying  those in charge must be accountable because, besides economic consequences, institutional and personal reputations are at stake. Speaking Tuesday in Abuja as a Special Guest at a Stakeholders Conference on Oil Theft and Losses in Nigeria, Osinbajo stressed that so grievous a crime cannot simply be a subject of summitry; “people must do...

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