Interviews
INTERVIEW: How e-Naira digital currency will work – Emefiele
Excerpts: Update on activities of BDCs The only exchange rate the CBN recognizes today in the Nigerian foreign exchange market, which is the dominant market, is the investors and exporters (I&E) FX window. It is for everybody who want to procure or sell foreign exchange to import or export. They…
Read More »New petroleum industry law will drive NNPC, subsidiaries into profitability – Kyari
Excerpts: Reaction to Petroleum Industry Act (PIA) We are happy to have a petroleum industry that is today not governed by laws and regulations enacted in 1969, which were very stale, and did not move with the times, or recognized the fact that the oil industry has changed monumentally. The…
Read More »PIA: Why 3% allocation to Host Oil Communities Fund is adequate for Niger Delta – Sylva
Second year performance review The PIB has been signed into law. But we are not here to speak about PIB. We are here to discuss our stewardship in the Ministry of Petroleum Resources in the last two years. When we started in August 2019, the President handed down nine mandate…
Read More »INTERVIEW: BDCs turned themselves into agents, facilitators of graft, corruption with FOREX, says CBN
MEDIATRACNET EXCERPTS: QUES: Does the political authority support the CBN’s decision on BDCs and the FOREX allocation? EMEFIELE: It is important to know that the CBN, in line with the CBN Act, has a mandate to monitor the market and ensure financial systems stability. Other than price and monitoring of…
Read More »NNPC remains committed towards energy sufficiency, wealth creation for Nigerians, says GMD
MEDIATRACNET To guarantee energy security and drive towards wealth creation for all Nigerians, the Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to effective stewardship of the nation’s hydrocarbon resources to realize set targets. Nigeria’s aspirations in the oil and gas industry are to grow crude oil production capacity…
Read More »I’ll be a WTO DG for all, says Okonjo-Iweala
Shortly after her confirmation as the Director-General Designate of the World Trade Organization (WTO), Ngozi Okonjo-Iweala held her maiden virtual media briefing during which she fielded questions on issues bordering on her priorities and agenda as she prepares to assume office come March 1, 2021. BASSEY UDO, Team Lead, MEDIATRACNET…
Read More »How CBN is generating extra revenue to fast-track Nigeria’s economic recovery – Emefiele
If the government cannot finance all its obligations, I think it will be irresponsible on the part of the CBN as a lender of last resort not to support the Federal Government.
Read More »COVID-19 crisis is Nigeria’s opportunity to produce more oil – KYARI
What Nigeria is seeing today in the industry in the COVID-19 situation is an opportunity she must take advantage of and produce more of her oil .
Read More »How FCCPC is changing consumer complaints resolution – DG
MEDIATRACNET Until recently, the Federal Competition and Consumer Protection Commission (FCCPC) was largely unknown to many. But today, the Director-General of the Commission, Babatunde Irukera, in this interview, says the agency has achieved a lot and looks forward to ensuring robust enforcement and wider consumer education in 2020. Excerpts: QUES:…
Read More »Why NLNG Train 7 is no longer ambitious for Nigeria – MD
After a week’s delay, partners to the Nigeria Liquefied Natural Gas (NLNG) Limited last Friday finally sealed the final investment decision (FID) to construct Train 7 of the project initiated to raise its production capacity from the current 22 million metric tonnes per annum to 30 million MTPA by 2024.…
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