The statutory framework of oil and gas cuts across the ownership, control, operation of oil and gas in Nigeria. Various legislations govern oil and gas investment in Nigeria. Section 44(3) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), the Land Use Act and Petroleum Act vests the exclusive control, ownership, and management of oil and gas in ...

Organization: PSI  Posted: 5 Oct 2020  Closing date: 16 Oct 2020 PSI Department: Sexual and Reproductive HealthProject Overview PSI’s Sexual and Reproductive Health (SRH) Department supports programs in 37 countries (and counting) to deliver high-quality family planning and safe abortion services to women and girls. Among the department’s current projects is Delivering Innovation in Self-Care (DISC)—a five-year intervention that is funded ...

Nigerian National Petroleum Corp. (NNPC) has launched a tender for the purchase of Nigerian crudes. The tender requires bidders to register by September 16 at noon. This first stage requires companies to declare an interest in the offering. Following this, companies are required to provide bids by October 15 at noon. NNPC invited all participating bidders and external observers to attend a ...

The federal government of the Republic of Nigeria through the state Ministry of Power has launched a tender for off-grid solar inviting bids for the construction of several off-grid solar systems and other electrical infrastructure projects across the country in an effort to improve access to energy, especially in the underserved areas. According to the tender for off-grid solar notice the federal government ...

The federal government of Nigeria has recently issued a call for proposals for the selection of several companies to build off-grid solar power plants in the country. The Nigerian authorities intend to rely on solar off-grid as part of their electrification policy, as indicated by the call for expressions of interest that has recently been issued by the Federal Ministry ...

As  the Federal Government prepares  to reflate the Nigerian economy badly battered by the coronavirus pandemic with the flag-off and release of guidelines for the 2020 marginal oil field bid round, key industry stakeholders have expressed  concern about the timing of the programme. Although the last exercise took place in 2003, there is growing anxiety at the moment that the best ...

So-called M5-RFP coalition, for the third time, rejects ECOWAS plan intended to defuse weeks-long political crisis, raising spectre of new unrest and concerns that poor Sahel country may slide into chaos. Nigeria’s President Muhammadu Buhari (L) and the Imam Mahmoud Dicko, influential leader of the opposition coalition, greet each other after a meeting in capital Bamako on July 23, 2020. ...

USA NIAGARA: Board determines pandemic has dampened demand for facility. Andrea Todaro prepares for a job fair at the Conference Center Niagara Falls in this 2011 photo. The novel coronavirus pandemic will lead to the extension of a contract to manage the Conference Center Niagara Falls. The board of USA Niagara agreed Monday to extend the contract of Global Spectrum to ...

Marginal fields in Nigeria. • Sets 24 months target for oil delivery after bidsThe Federal Government, yesterday, said about 600 companies have applied to be pre-qualified for the ongoing bid rounds of 57 marginal oil fields.The Director/CEO, Department of Petroleum Resources (DPR), Sarki Auwalu, during the fourth Webinar series organised by the Nigerian Association of Petroleum Explorationists (NAPE), themed; “Nigerian ...

The CBN still continues to warn against currency speculators who patronize the black market. The exchange rate between the naira and dollar at the I&E remained stable on Friday, closing at N386 to a dollar. This was the same rate that was recorded on Thursday as traders mulled over reports that the CBN had adjusted the exchange rate at the SMIS window. There was also stability with the opening indicative rate as it recorded ...

Dr. Wale Babalakin Chairman of Resort International Limited, parent company of Bi-Courtney Limited, Bi-Courtney Aviation Services and Stabillini Visinoni, Dr Wale Babalakin SAN, has said neither he nor his companies enjoyed any preferential treatment from the regime of former president Olusegun Obasanjo and the successive governments. He stated this in an interview with The Punch newspapers, published on Sunday, July ...

The Ijaws in Gbaramatu Kingdom, Warri South-West Local Government Area of Delta have urged the Federal Government to give them ‘right of first refusal’ in marginal oil fields located in the kingdom. Godspower Gbenekama, Spokesman of Gbaramatu Traditional Council of Chiefs, made the call on Sunday at a news conference held at Oporoza, the administrative headquarters of the Gbaramatu kingdom. ...

Nigeria’s Department of Petroleum Resources (“DPR”) announced on 1 June 2020 the launch of a new marginal field bid round. Fifty-seven marginal fields have been made available, being a mix of onshore, swamp and shallow-offshore fields. The DPR also released new guidelines covering the bid process, the award and farm-out of marginal fields and their operation (“Guidelines”). We consider the ...

Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round Despite the restraining order by the Federal High court in Lagos against the federal government on the revocation of 2 oil field licenses, the Department of Petroleum Resources (DPR), has gone ahead to announce ...

Solar panels. Author: David Goehring. License: Creative Commons, Attribution 2.0 Generic May 18 (Renewables Now) – The Nigeria Sovereign Investment Authority (NSIA) launched the Expressions of Interest (EOI) stage of a competitive process through which it will award the construction of a 10-MWp solar park in Kano State. Both local and international parties that are interested in participating can submit ...

We’re bringing back only businessmen and women — Minister Adelani Adepegba, Abuja Airlines in the country are bidding for the evacuation of Nigerians stranded in the United States, United Kingdom, China and other countries, following the ban on flights by the respective nations on account of the coronavirus pandemic.  The Federal Government explained that it was in the process of ...