No plan to hike retail pump price of petrol, says NNPC
MEDIATRACNET There is no immediate plans, or in the near future to hike the retail price of premium motor spirit (PMS), popularly called petrol, the Nigerian National Petroleum Corporation (NNPC)…
Budget: Governors seek ways to achieve fiscal stability from oil revenues
MEDIATRACNET Nigerian governors seeking ways to achieve steady revenue receipts from crude oil to ensure fiscal stability for both the federal and sub-national governments. The Chairman of the Nigerian Governors’ Forum…
No state govt. funded 2018 budget with own revenue, says NEITI
MEDIATRACNET None of the 36 states of the federation could fund their budgets from total revenue received in 2018, the Nigerian Extractive Industries Transparency Initiative (NEITI) has reported. The transparency…
Nigeria will become net exporter of petroleum products by 2023, says New NNPC GMD
MEDIATRACNET The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Monday, explained how he hoped to end petroleum products importation in the country by…
Electricity generating companies say African trade agreement will boost power generation, supply
The electricity generation companies, GENCOs, say they are optimistic the African Continental Free Trade Area (AfCFTA) Agreement signed last Sunday in Niamey, Niger Republic. by all heads of government of the African…
School feeding programme: Nigerian govt. feeds school children with N70 meal daily
MEDIATRACNET The Presidency says the Federal Government spends only N70 per meal daily to feed over 9.7 million pupils in 53,715 government primary schools in 31 States under the National…
DISCOs need N3.07 trn. in 5 years to boost electricity supply in Nigeria – Report
The 11 power distribution companies (DISCOs) in Nigeria will need a minimum of $10 billion (about N3.07trillion) investments to boost their services over the next five years. This was contained…
Nigeria’s NNPC commences oil search in Sokoto Basin
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NNPC’s Baru Says ‘Very Much’ Support Saudi Oil Production Cut
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A regulator tainted by corruption, weakened by immorality
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