Tag: Timipre Sylva
Focus on profitability, transparency – Buhari charges NNPC Board
Jan. 7, 2022 President Muhammadu Buhari Friday urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with Corporate Governance principles that place premium on doing business with the highest ethical standards, integrity, and transparency. Inaugurating the Board chaired by Sen. Margery Chuba Okadigbo, the president charged them ...Fishermen applaud Buhari’s empathy on Aiteo oil spill
November 27, 2021 Rev. Samuel Ayadi, Coordinator, Niger Delta Artisan Fishermen Association of Nigeria, has commended President Muhammadu Buhari for his concern and response to ongoing Aiteo oil leak at Nembe in Bayelsa. Ayadi said that the President’s prompt dispatch of Timipre Sylva, Minister of State for Petroleum to the spill site had sent signal ...Wabote at Realnews Lecture, says Africa’s industrialization agenda is at the heart of AfCFTA
November 18, 2021 THE Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, Simbi Wabote, has said that Africa’s industrialization agenda is at the heart of the African Continental Free Trade Area (AfCFTA) and that fossil fuels remains a significant part of the energy mix required for industrializing the continent. Delivering the keynote ...President Buhari arrives Riyadh for Future Investment Summit
Oct. 26, 2021 President Muhammadu Buhari has arrived Riyadh, Saudi Arabia for the investment conference organised by the Future Investment Initiative Institute. According to a statement by Malam Garba Shehu, spokesman of the president, the presidential aircraft carrying the president and some members of his entourage landed at the King Khalid International Airport Riyadh at ...Alleged Perjury: Group Petitions FBI, Buhari; Demands Sylva, Wabote’s Probe
October 11, 2021 A civil society group named New Nigeria Global Initiative (NNGI) has petitioned the Federal Bureau of Investigation (FBI) to probe the Nigeria Minister of State for Petroleum Resources Timipre Sylva for allegedly deposing to claims under penalty of perjury in a United States Federal Court in the Eastern District of Pennsylvania. The ...Jonathan, Aisha Buhari, Atiku, others bag West Africa regional awards
Oct. 10, 2021 Former President Goodluck Jonathan, First Lady Aisha Buhari and ex-Vice President Atiku Abubakar are to be honoured with the West Africa Knowledge Economic Organisation (WAKEOrg) awards for making Nigeria and Africa proud. Also penciled down for the prestigious West African regional awards for their service to the nation and humanity are Chairman ...Nigeria rejects single pathway to energy transition, says Energy transition major concern for African, developed nations
Oct. 8, 2021 The Minister of State for Petroleum Resources, Chief Timipre Sylva, says Nigeria will not support any concept that promotes a single pathway to energy transition. Sylva said this at a one-day Seplat Energy Summit in Abuja, with the theme: “Global Trends in Energy Transition – the African Perspective”. He said “energy transition ...Done and Dusted! CAC completes incorporation of NNPC Ltd
September 29, 2021 It’s now officially NNPC Limited as the Corporate Affairs Commission, CAC, has completed the incorporation of Nigerian National Petroleum Company Limited in accordance with the provisions of the Petroleum Industry Act (PIA), 2021. The PIA was signed into law by President Muhammadu Buhari on Aug. 16. Specifically, Section 53(1) of the Petroleum ...As OPEC reopens the taps, Nigeria, Angola losing race to pump more, struggling to raise output
Sept. 27, 2021 Top African oil exporters, Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least next year as underinvestment and nagging maintenance problems continue to hobble output, sources at their respective oil firms warn. Their battle mirrors that of several other members of the OPEC+ group who ...How NNPC achieved N287bn profit, the first in 44 years: Facts and Figures
August 29, 2021 The Nigerian National Petroleum Corporation (NNPC) has made the country proud in the week with the release of its 2020 audited report and the posting of ₦287 billion profit after tax in the 2020 financial year. This achievement was the first of its kind since its 44 years existence. The Group Managing ...
