Tag Archives: Nigerian Government

  “Despite the planned divestment of its onshore assets to Seplat Energy, ExxonMobil aims to inject $1 billion annually into maintenance operations and an additional $1.5 billion to boost production by 50,000 barrels per day over the next few years” PEGASUS REPORTERS, LAGOS | SEPTEMBER 26, 2024 Vice President Kashim Shettima has welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s ...

  “The approval was secured after the Senate Leader, Senator Ibrahim Gobir moved the motion for the Senate to consider the request of the president and seconded by the Senate Minority Leader” PEGASUS REPORTERS, LAGOS | JUNE 06, 2023 President Bola Ahmed Tinubu has gotten the senate’s approval to appoint new 20 special advisers to enable him to hit the ...

  The fresh tension is coming just as the government is expected to submit executive bills to the parliament to amend the 2022 Appropriation Act and the Petroleum Industry Act, as part of the move to extend the subsidy regime, due to the massive protests that trailed the planned removal. PEGASUS REPORTERS, LAGOS | FEBRUARY I, 2022 The Senate has ...