Category Archives: Global Economics

NNPC Says Breaching Pipelines Is Suicidal … Regrets Lifeless Body Found in its Pipeline

The Nigerian National Petroleum Corporation (NNPC) has warned vandals and other miscreants to stay clear of the corporation’s facilities including pipelines.

BUA Cement Completes Construction, Begins Testing Facilities At Okpella

Less than six months after commissioning its 1.5 million mtpa Kalambaina Cement Plant in Sokoto state, BUA Cement, has announced that it has completed construction of its newest Cement Factory – The 3 million MTPA Obu II Cement plant, Okpella in Edo State, Nigeria.

African Development Bank Launches Africa Energy Portal

Building a Knowledge Base to De-Risk the Energy Sector in Africa,” brought together investors, policy makers and government officials for a presentation of the new initiative.

Push For Africa Investments: Finance Institutions Join Forces To ‘Deliver As One For Africa’ … Grab Chance To Fast-Track Development – Adesina

The African Development Bank President Akinwumi Adesina on Tuesday made an impassioned call for investors to join the partnership platform offered by the Africa Investment Forum and “grab the chance to fast track the continent’s investment and development agenda”.

Baru Tasks Engineers On Renewable Energy Development

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has challenged Nigerian engineers to come up with technologies to help deepen the development of renewable energy in the country.

Dangote Refinery To Save Nigeria From Dirty Fuels With Euro V Specification

Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification.

Fresh impetus for the African Air Transport Professions Institute (IAMA) S.A.

Air France, ASECNA SERVICES SA/AG and ASAM S.A. are joining forces to develop an institute at the forefront of aeronautical training in western and central Africa.

Probing The Failure Of FG’s Greenfield Crude Oil Refineries In Nigeria

In the light of NNPC’s proposal to construct two 100,000 bpd greenfield refineries in Delta and Imo States, BudgIT, a civic technology organization at the forefront of raising the standards of transparency, citizen engagement and accountability, has asked the Federal Government to first do a root cause analysis on the abandonment of Nigeria’s greenfield refineries earlier announced for Kogi, Bayelsa, and Lagos States for which feasibility studies had already been fully paid for and completed.

NPDC Achieves 100% Local Content Input In Developing Gas Handling Facility

The Nigerian Petroleum Development Company (NPDC), an Upstream Subsidiary of the Nigerian National Petroleum Corporation (NNPC), has achieved a 100 per cent local content input in the development of Oredo Integrated Gas Handling Facility.

World Bank Must Do More To Eradicate Energy Poverty – African Leaders

The World Bank must do more to eliminate energy poverty that has plaque African continent for too long, African leaders said. An estimated 1.1 billion people, about 14 per cent of the global population do not have access to electricity according to the International Energy Agency (IEA).