Author: uzo.nzeogu

NNPC begins process to attract investors through planned asset stake sales

The Nigerian National Petroleum Company Limited (NNPC) has commenced moves to sell stakes in some of its oil and gas assets, according to a report by Reuters. The state-owned energy firm is seeking to optimise its portfolio and attract fresh The post NNPC begins process to attract investors through planned asset stake sales appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Tinubu approves $1.42b, N5.57tr debt write-off for NNPCL

President Bola Tinubu has approved the cancellation of a substantial portion of the Nigerian National Petroleum Company Limited (NNPC Ltd)’s outstanding debts owed to the Federation Account. The decision was detailed in a document by the Nigerian Upstream Petroleum Regulatory The post Tinubu approves $1.42b, N5.57tr debt write-off for NNPCL appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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FG signs MoU with Chinese firm to localise CNG, EV infrastructure manufacturing

The Federal Government has signed a Memorandum of Understanding (MoU) with Chinese infrastructure and Internet of Things (IoT) solutions provider, You Jie Te Environment Technology Ltd (YJT), to localise the manufacturing and assembly of Compressed Natural Gas (CNG) and electric The post FG signs MoU with Chinese firm to localise CNG, EV infrastructure manufacturing appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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FG, RSE Energy partner on embedded power solutions for industries

The Federal Government has entered into a Memorandum of Understanding (MoU) with RSE Energy to deploy off-grid and embedded power solutions for industrial clusters nationwide. The agreement is aimed at addressing persistent energy constraints that have continued to undermine industrial The post FG, RSE Energy partner on embedded power solutions for industries appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Nigeria anticipates resumed oil production in Ogoniland

Nigeria is intensifying efforts to resume crude oil production in Ogoniland, signaling a potentially consequential shift in one of the The post Nigeria anticipates resumed oil production in Ogoniland appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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PANDEF endorses Tinubu’s oil sector reforms

The Pan-Niger Delta Forum (PANDEF) has formally endorsed the ongoing reforms in Nigeria’s oil and gas sector under President Bola Ahmed Tinubu, describing recent developments as a decisive break from years of policy drift and regulatory uncertainty in the industry. The post PANDEF endorses Tinubu’s oil sector reforms appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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FG urged to review oil sector divestment policies

An environmental justice advocacy group, the MIIDEEKOR Environmental Development Initiative (MEDI), has urged the incoming leadership of Nigeria’s petroleum regulatory agencies to urgently review and reform oil sector divestment policies. The organisation warned that existing practices are worsening environmental injustice The post FG urged to review oil sector divestment policies appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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