Buhari also reiterated the determination of his administration to get to the root of the persistent petrol scarcity, and ensure that whichever groups were behind this manipulated blackmail would be prevented from doing so again.
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02 January 2018, Sweetcrude, Houston — The local and international financial market products and services update. NIGERIA: The Lagos Chamber of Commerce and Industry, LCCI, has projected the country’s GDP growth to rise by three percent in 2018, given the prevailing economic fundamentals and government commitment to sustain economic reforms. The Chamber made this projection …
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02 January 2018, Sweetcrude, Lagos — The First day of trading activities for the year 2018 on the floor of Nigerian Stock Exchange for energy companies on Tuesday, January 2 ended with two gainers. Top Gainers Eterna top the chat of gainers of equities price for energy companies with 102,969 volume valued at 437,262.09, up …
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02 January 2017, Sweetcrude, Abuja- The Miners Association of Nigeria, MAN, has criticised the plan by the Federal Government to commence the gold purchase scheme, noting that although the scheme appeared laudable, it might not last if critical stakeholders like the association were not carried along. MAN’s President, Alhaji Sani Shehu, disclosed this while briefing journalists …
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Details of the transactions contained in the October 2017 edition of the Monthly NNPC Operations and Financial Report also indicated that 252.83 billion cubic feet of gas was supplied in the country within the period.
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According to him, this situation has hampered the industry from meeting the statutory obligations of providing cheap, clean and efficient source of energy to the electrical loads, and as a result of this, national development has been seriously slowed down.
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“I have directed all members of this committee to go back to their constituencies to investigate the problem at the grassroots so that we take approximate measures to address the scarcity."
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