Tag: gas
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NNPC Targets Aggressive Growth in Domestic Gas Utilization for Balanced Economic Growth
In keeping with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord, the Nigerian National Petroleum Corporation (NNPC) is focusing on growing the nation’s domestic gas utilization for balanced economic growth. Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this Tuesday at the BusinessDay Energy Series Summit…
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NNPC earns $378.42m from crude oil & gas export in June – Report
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export earnings of $378.42 million in June, as against $133.16 million it posted in May 2020. The corporation disclosed this in its June Monthly Financial and Operations Report (MFOR) released on Sunday in Abuja. It said that the amount signalled a…
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Two feared dead, five wounded in another Lagos gas explosion
Two persons, including an artisan were on Monday murdered and at least five others injured after another gas explosion occurred in Orile-Iganmu, a Lagos slum community. The artisan identified as Ajibola Olaoye died on the spot where he was welding an articulated vehicle around 5pm at Wema Bank Bus Stop, off Coker in Ajeromi…
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Lagos gas fire: Residents relocate to different destinations
Some Abule Ado residents in Lagos State, who were affected by Sunday gas fire outbreak, have started packing their belongings to different destinations. Some of the victims told News Agency of Nigeria that the move was to avoid further destructions as the fire fighters were still battling to put off the blaze. Mrs Bisi Lateef,…
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FIRS targets trillions in tax from oil, gas companies
The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year. The FIRS made this known in a statement issued by Abdullahi Ahmad, Director, Communications and Liaison Department in the service in Abuja on Tuesday. The…
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Explosions: FG begins clampdown on illegal gas plants, roadside LPG retailers
The Federal Government has begun clampdown on illegal gas plants and roadside retailers of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, an official said. Mr Bassey Nkanga, DPR’s Operations Controller, Port Harcourt Zone, disclosed this in an interview with News Agency of Nigeria (NAN) on Monday on the sideline of the department’s ongoing…
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Kerosene price increases, as Petrol price averages N147 across Nigeria
Data released by the National Bureau of Statistics (NBS) on Friday showed that N147.20 was the average price paid by consumers of premium motor spirit (petrol) across Nigeria in the month of October. TheNewsGuru (TNG) reports the average price of petrol increased by 0.8% year-on-year and decreased by -0.1% month-on-month to N147.20 in October 2018…
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Price of cooking gas increased in September –NBS
The National Bureau of Statistics (NBS), said the average cost of refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) increased to N2,107 from N2,054 recorded in August. The bureau disclosed this in its “Liquefied Petroleum Gas (Cooking Gas) Price Watch’’ (September 2018) report on Tuesday in Abuja. It said the price…
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11 burnt in Abuja restaurant gas explosion
Eleven people on Wednesday in Abuja suffered varying degrees of burns from a gas explosion that occurred at Rosy Restaurant Area 11. The News Agency of Nigeria (NAN) reports that the victims who were immediately taken to Asokoro general hospital suffered some 40 to 50 degree of burns. A pregnant woman, who simply identified herself…