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Nigeria Needs $2B Monthly For Fiscal Sustainability, As FG Build Oil Reserves
The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to remain sustainable as a nation.
The Director, DPR, Sarki Auwalu, warned that without this monthly income, the…
FG To Commence New Marginal Oil Field By 2022
The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year.
The Director/Chief Executive Officer,…
Lagos Attracts $8.32b Investemnt In Two Years
The Lagos State Government has attracted $8.32billion in investments within the last two years, just as it reiterated its ability to bring in, retain and leverage inclusive and sustainable economic growth.
The Special Adviser…
DPR Charges Stakeholders On Harnessing Oil,Gas Resources For Africa Development
The Department of Petroleum Resources (DPR) has charged stakeholders in the African oil and gas industry to rise to the challenge of harnessing the over 125 billion barrels oil reserve and 625 trillion cubit feet (tcf) of natural gas…
Lagos, Ogun Establish Joint Development Commission, Sign MoU
Governor Dapo Abiodun of Ogun State and his Lagos State counterpart, Babajide Sanwo-Olu, on Monday, signed a Memorandum of Understanding (MoU) on the Lagos Ogun Joint Development Commission.
The signing of the MoU which took…
ONE-WAY TRAFFIC: Lagos Taskforce Impounds 10 Vehicles
Lagos State Environmental and Special Offences Unit (Taskforce) over the weekend, impounded 10 vehicles on Muritala Mohammed International Airport Road for driving against traffic, just as it vowed to commence the arrest and prosecution of…
Field Ready, LADOL Upskilling Academy To Build Flexible Workforce
Field Ready and the Lagos Deep Offshore Logistics Base (LADOL) Upskilling Academy is set to build a flexible workforce readily fit for industry demand especially in construction sector.
To achieve this, the companies has…
Lagos Will Continue To Partner With EU On Investment,Says Sanwo Olu
Lagos State Governor, Mr. Babajide Sanwo-Olu on Friday said the State Government will continue to partner with the European Union on business opportunities, investments and other developmental issues.
The Governor also…
OYO STATE: Gov. Makinde Woos Investors For Sustainable Growth
Oyo State Governor, ‘Seyi Makinde, has declared that his administration has raised the bar of good governance in Oyo State, while providing enabling environment for businesses to thrive.
The governor, while speaking at the…
A’ Ibom Govt Signs MOU With OGFZA , As Free Trade Zone Project Commences
The Akwa Ibom State Government has signed a Memorandum of Understanding (MoU) with the country’s Oil and Gas Free Zone Authority, (OGFZA), to signal the take off of the Liberty Oil and Gas Free Trade Zone in Ikot Abasi Local Government Area…