The Minister of State for Petroleum Resources, Chief Timipre Sylva declared on Monday that he would be okay as a private citizen to buy a litre of Premium Motor Spirit (PMS), popularly called petrol, at N300 per litre. made the comment While presenting President Muhammadu Buhari’s scorecard in the petroleum sector under the media series organised by the Federal Ministry …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday, issued a seven-day ultimatum for all lease and licence holders operating in Nigeria’s oil and gas sector, to disclose the real owners of their companies. In the directive signed by its Chief Executive, Engr. Gbenga Komolafe, the commission demanded that the information to be disclosed must include the identity (ies) of …