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PIB will make Nigeria an Investment Hub – Minister cpeel-admin Thu, 10/01/2020 - 23:27

The Petroleum Industry Bill (PIB) 2020 will attract large-scale foreign investments to Nigeria, if passed, Timipre Sylva, minister of state for petroleum, has said.

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Siemens Reaffirms Support for Nigeria Industrialisation As it clocks 50 Years

Siemens Energy has reaffirmed its support for Nigeria in achieving its potential in the energy space that would enhance her industrialisation

 

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Shell Reiterates Commitment to Nigeria’s Quest for Energy Sufficiency, Power Generation

Petroleum Development Company (SPDC) has reiterates its commitment to the Assa North Gas Project and to making it an exemplary one, particularly in Nigeria’s quest for energy sufficiency, for power generation and industrialization”, he said.

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Shell-Funded Investor All on Signs $1.5m Plant Expansion Deal with Auxano

All On, a Shell-funded impact investment company has announced a $1.5m investment in Auxano Solar Nigeria Limited, one of the biggest solar panel assembly plants in Nigeria to scale its operations over the next five years.

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Despite Cost-Cutting Plans, Shell will Continue Operations in Nigeria

Royal Dutch Shell has its sights still trained on Nigeria, despite announcing plans to slash as much as 40 percent of its upstream oil and gas operations in a bid to redesign its business toward a greener portfolio.

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How Potential Investors Can Qualify for Nigeria’s 2021 Crude Lifting Contract

Prospective local and international oil companies who desire to lift Nigerian crude next year must provide certificate of Registration/incorporation by Corporate Affairs Commission (CAC), if they are local companies and provide the equivalent of such documents issued by ho

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Gas Pricing, Inadequate Infrastructure Deter Industrialization in Nigeria

Ideally, homes in Nigeria, industries and vehicles could be running on natural gas, and industrialisation could have been well underway. Agriculture would be booming and job creation would happen in millions.

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Nigeria spent N8.9trn on subsidy in 10 years – PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) said that the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006 and 2015.

 

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Electricity Value Chain Infrastructure Demands

The Nigerian electricity value chain infrastructure is in a quandary like that of a butcher trying to cut a piece of meat with a meat tenderiser.

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Big Oil Goes Looking for a Career Change

For most of the past century, Big Oil executives found it pretty easy to explain to investors how their businesses worked.

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