PRESIDENT TINUBU RECEIVES REPORT FROM COMMITTEE By Flowerbudnews Abuja (Flowerbudnews,): President Bola Tinubu has received the report of the High Powered Presidential Committee (HPPC) on Nigeria’s Extended Continental Shelf Project with a commendation to the team of experts who worked hard over the years to advance the project,Continue Reading
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has directed petrol stations in the country to install Compressed Natural Gas (CNG) sale points on their premises. Farouk Ahmed, Chief Executive, NMDPRA, gave the order on Tuesday in Abuja after a meeting with high-volume suppliers of petroleum products. Continue Reading
By Flowerbudnews HIGHLIGHTS OF THE FEDERAL EXECUTIVE COUNCIL MEETINGS HELD ON 13TH AND 14TH MAY, 2024 The Federal Executive Council concluded its meeting that started yesterday today, Tuesday May 14, 2024. After exhaustive deliberations, the council approved a number of policies and projects that will further boost theContinue Reading
Flowerbudnews The Nigerian government has been advised by the International Monetary Fund to eliminate what it has described as hidden subsidies on fuel and electricity. In a recent report from the IMF, Nigeria was informed that subsidies are expected to consume three percent of the country’s Gross Domestic ProductContinue Reading
By Biola Lawal Flowerbudnews: NNPC Exploration and Production Limited (NNPC E&P Ltd.), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO), have announced the successful commencement of oil production at Oil Mining Lease (OML)Continue Reading
By Flowerbudnews An Enugu North Magistrate Court, on Friday, executed a Warrant for Possession of Premises occupied by Aqua Rapha Investment Company Ltd for a wholesale business in Enugu. The company used the rented apartment at No. 4 Savage Crescent, GRA, Enugu as depot for distribution of her productsContinue Reading
Flowerbudnews Lagos: The Maritime stakeholders had said that the country was losing $1tn annually to the non disbursement of the Cabotage Vessels Financing Fund (CVFF). The stakeholders in the Marine and Blue Economy disclosed this on Thursday in Lagos at the Maritime Stakeholders Group Meeting with the newContinue Reading
By Biola Lawal Ede (Osun State) Flowerbudnews: Osun state-based business Mongul, Alh. Rahman Tunde Olayiwola has advised President Bola Ahmed Tinubu to revolutionalise agriculture in Nigeria with grant-to-farmer option and not loan. Speaking in an exclusive interview with Flowerbudnews in Ede, Alh. Olayiwola popularly known as RTO, explainedContinue Reading
By Danladi Ahmed Flowerbudnews: Nigeria has prioritised and moving closer to completing the first phase of the Presidential Power initiative (PPI), mostly powered by Siemen of Germany which will add 2,000 megawatts to the power grid and set the country on the path to efficient power supply. The TinubuContinue Reading
