Tag: Timipre Sylva
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Minister announces kick off date for NNPC Limited
The Nigerian National Petroleum Corporation (NNPC) will become a commercial company within six months, the Minister of State for Petroleum Resources, Timipre Sylva said on Tuesday. This follows the signing of the Petroleum Industry Bill into law by President Muhammadu Buhari on Monday. Sylva, who was speaking at a press conference in Abuja, said a…
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No set date for removal of fuel subsidy – Minister
The Minister of State for Petroleum, Timipre Sylva, has said that there is currently no set date for petrol subsidy removal. The minister who said this on Thursday on a monitored Channels Television programme added that the government is being considerate of citizens. “I cannot give you a date for now. But the Vice President…
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How we ‘accidentally’ discovered 206trn cubic feet gas reserve – Timipre Sylva
Minister of State for Petroleum, Chief Timipre Sylva, has said that the country accidentally discovered 206 trillion cubic feet of gas reserves while in search of crude oil. Sylva, who disclosed this in Abuja at a News Agency of Nigeria forum, said that the country could discover an additional 600 trillion cubic feet reserve to…
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No fuel price increase in June – FG
There will be no increase in the pump price of Premium Motor Spirit (PMS), popularly known as fuel or petrol, the federal government has said. TheNewsGuru.com (TNG) reports Minister of State for Petroleum, Timipre Sylva made this known in a statement on Friday in Abuja, the nation’s capital. The statement reads: “Once again, it has…
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Financial crisis: How DPR rescued Nigeria in April – Sylva
The Minister of State for Petroleum Resources, Timipre Sylva on Tuesday revealed that the Department of Petroleum Resources (DPR) rescued Nigeria from a financial crisis by remitting funds to the Federation Account Allocation Committee (FAAC) last month. He disclosed this in Abuja during an interactive session with newsmen. The Nigerian National Petroleum Corporation (NNPC) had…
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PIB passage will not go beyond June – Sylva
The Minister of State for Petroleum Resources Chief Timipre Sylva says that efforts to ensure passage of the Petroleum Industry Bill (PIB) before the National Assembly are still on course. Sylva made this known at an interactive session with newsmen in Abuja on Tuesday. “I want to tell you that PIB is fully on course…
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Why Buhari is in love with Ijaw people – Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says President Muhammadu Buhari has an exceptional love for the people of Ogbia, an Ijaw subgroup in Bayelsa State, because of their son, former President Goodluck Jonathan, who peacefully relinquished power to him in 2015. Sylva revealed this on Friday while inspecting the ongoing construction…
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Timipre Sylva hosts Davido, says FG committed to youth empowerment
Chief Timipre Sylva, the Minister of State for Petroleum Resources, has restated the Federal Government’s commitment to youth empowerment. A statement by the Special Assistant on Media and Public Affairs to the minister, Mr Julius Bokoru, on Wednesday said Sylva gave the assurance when he received David Adeleke, also known as Davido. The minister and…
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FG reveals plans to also rehabilitate Warri, Kaduna refineries
The federal government is planning to also rehabilitate the Warri and Kaduna refineries following the approval of the Federal Executive Council to rehabilitate the Port Harcourt Refinery. TheNewsGuru.com (TNG) reports Timipre Sylva, Minister of State for Petroleum Resources made this known on Tuesday after the First Quarter 2021 Ministerial Governance Meeting in Lagos State. “Last…
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$1.5bn P/H refinery rehabilitation: Hold me accountable for every cent spent, Timipre Sylva tells Nigerians
The Minister of State for Petroleum Resources, Timipre Sylva, has promised to ensure that every cent of the $1.5 billion proposed for the rehabilitation of the Port Harcourt refinery is accounted for. The minister asked Nigerians to hold him responsible in the event of anything otherwise. “I can look at the camera; they (Nigerians) can…