The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Kacalla Baru has said plans are ongoing to stop importation of Premium Motor Spirit (PMS) to the country.
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The Asset Management Company of Nigeria (AMCON) has injected N1.5 billion in Arik Airline Ltd to safeguard its operations since its takeover.
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The Nigerian National Petroleum Corporation (NNPC) has disclosed that the first batch of the three new gas fired power plants it plans to build in Abuja, Kaduna and Kano with its joint venture partners will be completed by 2019, to boost power generation in the country.
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Nigeria LNG Limited (NLNG) on Monday reached another major milestone with the exportation of its 4000th cargo of Liquefied Natural Gas (LNG) from its Bonny Island Terminal in Rivers State to Mamara LNG Terminal in Turkey, which also received the company’s historic 3000th cargo, three years ago.
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–Throughputs fall below minimum benchmark –Operators, survey seek friendly policies Cargo handling operations at the nation’s ports are at a low ebb, as cargo throughputs have fallen below the Guaranteed Minimum Tonnage (GMT). The benchmark was captured in the agreement entered by the Federal Government and the concessionaires 10 years ago.
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The Nigerian Civil Aviation Authority has suspended a crew member for testing positive for marijuana during random alcohol and drug tests on licensed aviation personnel.
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