BUSINESS

Makinde pleads for tax compliance

Daily Dispatch August 18, 2019

In order to be able to fulfill his promises on provision of social amenities, enduring infrastructure, regular payment of government obligations and other amenities, Governor Seyi Makinde of Oyo state has pleaded for the support of different stakeholders operating in the state on adequate

BUSINESS

NNPC awards 2019/2020 DSDP contract to 15 firms

Daily Dispatch August 18, 2019

The Nigerian National Petroleum Coeporation (NNPC) says 15 companies have emerged winners of the Direct Sales and Direct Purchase (DSDP) of Crude oil contract for 2019/2020. The corporation disclosed this in a statement issued by its spokesman, Mr Ndu Ughamadu, in Abuja, on Sunday. He said that the announcement was in line with the corporation’s […]

BUSINESS

Nigeria reaffirms commitment to OPEC production agreement

Daily Dispatch August 14, 2019

Nigeria has reaffirmed its commitment to production adjustments agreement under the Declaration of Cooperation (DoC) reached between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and Non-OPEC Countries. Nigeria’s Representatives on the OPEC Economic Commission Board and Group Managing Director, Nigerian National Petroleum Corporation,

BUSINESS

Edo modular refinery to commence operation soon, DPR to inspect 6,000 bp/d facility

Daily Dispatch August 14, 2019

By ABIODUN JIMOH The Edo Refinery and Petrochemicals Limited, a project partly sponsored by the Governor Godwin Obaseki-led administration in Edo State and being developed by AIPCC Energy Limited at Ologbo, Ikpoba Okha Local Government Area of Edo State, will commence operation before the end of the year. The fabrication of 6,000 barrels per day […]

BUSINESS

Power: Implementation of FG, Siemens agreement will commence end of 2019- BPE DG

Daily Dispatch August 9, 2019

The Director General, Bureau of Public Enterprises, Mr. Alex A. Okoh has confirmed that the implementation of the agreement signed between the Federal Government of Nigeria and Siemens on the roadmap geared towards resolving existing challenges in the power sector and expanding capacity for future power needs in Nigeria will commence by the end of […]

BUSINESS

Dangote Refinery suffers supply hiccups: Completion shifted till 2020

Daily Dispatch August 9, 2019

Africa’s largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote, which is building the facility in Lagos said. “We will be able to complete the (refinery) project by the end of next year – mechanical completion,” said Dangote Group Executive Director […]