Nigerian National Petroleum Corporation
The governors of southern states have rejected the proposed three percent share to host communities in the Petroleum Industry Bill recently passed by the House of Representatives. A communique issued by the governors at the end of their meeting in Lagos said, the governors, instead, supported five per cent shares to the communities. The governors, […]
The Federal Executive Council ( FEC), on Wednesday approved 1.5 billion dollars for the rehabilitation of Port Harcourt refinery. The 38th virtual meeting of FEC was presided over by President Muhammadu Buhari at the state house Abuja. Briefing State House Correspondents after the meeting, Minister of State for Petroleum, Timipre Sylva, said the rehabilitation will […]
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