December 16, 2017

APC’s manifesto on Infrastructure and Oil & Gas

Buhari Election

Buhari secures historic election victory in Nigeria Infrastructure and Oil and Gas On Infrastructure we will: Review the Public Private Partnership (PPP) enabling environment with a view to addressing the legal, regulatory and operational bottlenecks, challenging the effective administration of the system, by introducing enabling legislation. In addition, We will create a National Infrastructural Development Bank to provide loans at nominal interest rates, exclusively for this sector; Generate, transmit and distribute electricity on a 24/7 basis whilst simultaneously ensuring the development of sustainable/renewable energy, by 2019. Embark on a National Infrastructural Development Programme as a Public Private Partnership that will…

Woodmac Sees a Goodluck Jonathan Win as Least Disruptive for the Oil Industry

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AfricaOilGasReport Woodmac sees a Goodluck Jonathan win as least disruptive for the oil industry, an APC victory would be ‘most uncertain scenario’, but could rein in oil theft and corruption. Wood McKenzie, the global firm of oil industry analysts, says that a victory by Goodluck Jonathan, the Nigerian president, “ would be the least disruptive for the oil sector”.  In a report that is as much about the impending Nigerian elections (scheduled for kick off March 28, 2015), as it is about post -election oil industry policy, the company says the elections are too close to call, and that a…

Nigerian Economy Resilient Despite Falling Oil Prices – Emefiele

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The governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said the Nigerian economy is resilient despite the falling crude oil prices in the international market and uncertainty surrounding the coming elections. Leadership He stated this on the trading floor of the Nigerian Stock Exchange (NSE) yesterday while ringing the closing bell, remarking that there is no need to panic. Emefiele pointed out that some economies in world, including Nigeria, are faced with a drop in the commodity market, saying that “the price of crude oil dropped from $130 per barrel to as low as $50 per barrel…

Achievements in the Oil & Gas Sector Higlighted in Presidential Campaign

Presidential Campaign

  It’s not just the amount of oil and gas we produce. It’s about producing it cleaner and more efficiently.   Since taking office in 2010, President Goodluck Ebele Jonathan and Honourable Minister of Petroleum Resources, Diezani Alison-Madueke (Mrs.), CON have completely transformed Nigeria’s oil and Gas industry as part of the Transformation Agenda. The results have seen a transformation in Nigeria’s economy, and a transformation in the lives of all Nigerians. We take a closer look at what has been achieved by making the industry more efficient and how the changes are benefiting Nigerians and the country as a…