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Tag Archives: nigeria

FG removes fuel subsidy, petrol to sell for N145 per litre

The Minister of State for Petroleum Resources, Ibe Kachikwu, on Wednesday, said any Nigerian entity is now free to import petroleum products into the country, subject to existing quality specifications and other guidelines issued by regulatory agencies. Kachikwu pronouncement effectively ended the fuel subsidy regime. The minister said that all Oil marketers will be allowed to import the product on …

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Nigeria can’t afford further destruction of national assets – Dickson

Bayelsa State Governor, Mr. Seriake Dickson, on Monday bemoaned the recent vandalism of pipelines by Niger Delta militants, saying the country could not afford any destruction of national assets. Dickson spoke with State House correspondents at the end of a meeting he attended alongside representatives of oil firms operating in his state at the Presidential Villa, Abuja. The meeting was …

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Amnesty Programme for Niger-Delta Militants to end by 2018 – Lakemfa

The amnesty scheme for former militants in the oil-rich Niger Delta region is set to end within the next two years, a spokesman for the programme, Owei Lakemfa said on Thursday. “Under the programme that we have now, the amnesty scheme should end within two years, that is by 2018, all things being equal,” said Lakemfa. A programme to ensure …

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