Nigeria is stepping up efforts to attract foreign investment into its oil and gas sector, with the government pledging competitive incentives and policy stability to win back companies that had previously withdrawn from the market. Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), made the remarks in Abuja on Friday during talks with…
Nigeria’s leading oil and gas workers’ union has urged the federal government to adopt a private-sector-led model for the nation’s moribund refineries, warning that political interference continues to undermine efficiency. Speaking in Abuja at the 4th PENGASSAN and Labour Summit, union president Festus Osifo said the government should mirror the Nigeria Liquefied Natural Gas (NLNG)…
President Bola Tinubu says Nigeria’s participation in the Tokyo International Conference on African Development (TICAD9) is anchored on a bold $1 billion trade and investment goal. Leading Nigeria’s high-powered delegation to the conference in Yokohama, Japan, Tinubu said the visit seeks to drive green innovation, foster industrial growth, and reinforce Nigeria as West Africa’s gateway….
President Bola Tinubu has arrived in Tokyo, Japan, to participate in the Ninth Tokyo International Conference on African Development (TICAD9). Presidential spokesperson, Mr. Bayo Onanuga, said the President’s aircraft touched down at the Haneda International Airport at 12:50 a.m. local time on Tuesday. Tinubu was received at the Presidential Wing of the airport by Amb….
Nigeria has taken another step toward strengthening its gas supply chain with the commissioning of a new 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel in Ulsan, South Korea. President Bola Tinubu, represented by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, inaugurated the carrier on Monday, affirming his administration’s resolve to…
The minister of finance and coordinating minister of the economy, Wale Edun, says the Nigerian economy is experiencing consistent growth within the context of global developments and ongoing domestic reform programmes. Mr Edun said this at a news conference to provide an update on the economy in Abuja on Thursday. He said that Nigeria’s…
President Bola Tinubu will depart Abuja on Thursday, August 14, for a two-nation trip to Japan and Brazil, with a brief stopover in Dubai, United Arab Emirates. Presidential spokesman Bayo Onanuga said Tinubu will attend the Ninth Tokyo International Conference on African Development (TICAD9) in Yokohama, Japan, from August 20 to 22. Themed “Co-create Innovative…
President Bola Tinubu’s strategic decisions are reshaping Nigeria’s economy and the maritime sector is emerging as one of the biggest beneficiaries, says the Executive Secretary of the Nigerian Shippers Council, Mr Pius Akutah. Akutah stated this on Tuesday in Abuja during an interaction with journalists from Benue under the aegis of the Conference of Benue…
Minister of Information and National Orientation, Alhaji Mohammed Idris, says Nigeria’s economy has continued to receive positive recognition from global rating agencies, reflecting growing confidence in the country’s economic direction. Idris stated this after a meeting with Governor of Imo and Chairman of Progressive Governors’ Forum, Hope Uzodimma, on Tuesday in Abuja. According to him,…
The Federal Inland Revenue Service (FIRS) has launched a new electronic invoicing solution to transform how businesses pay taxes in Nigeria, a move that will make tax compliance faster, easier, and more transparent. The Executive-Chairman, FIRS, Dr Zacch Adedeji, disclosed this in a statement by Dare Adekanmbi, his Special Adviser on Media in Abuja on…
