Daniel Adugbo
- Lead Brand Development (Branding & Corporate Communication), Ibadan Electricity Distribution Company
Abuja, Nigeria
Journo & public affairs analyst interested in anything ⛽🔥crude, light & sweet💰💱. Proud @IRE_NICAR member, @NRGInstitute🎓 and @TheICIR Féllow.
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Articles by Daniel Adugbo
Senate mulls stiffer sanctions for gas flaring from 2021 – Daily Trust
…As Nigeria loses N217bn annually The Senate on Thursday considered a bill, which proposes stiffer sanctions for any person or corporate entity involved in gas flaring in Nigeria from January 1, 2021. The Gas Flaring (Prohibition and Punishment) Bill, 2020, which scaled second reading during plenary, was sponsored by Senator Albert Bassey Akpan (Akwa-Ibom North East).
‘Government should support young entrepreneurs with capacity’ – Daily Trust
Home News ‘Government should support young entrepreneurs with capacity’ ADVERTISEMENT In this interview, Mr. Salisu Isihak, an energy professional who was recently appointed as chairman of the Future Energy Leaders (FEL-Nigeria), explains the importance of young people in the energy sector. What’s the Future Energy Leaders (FEL-Nigeria) all about and of what relevance is it to Nigerian youths?
Ship owners plan investment in repair facility – Daily Trust
Home Business Ship owners plan investment in repair facility ADVERTISEMENT Minister of State, Petroleum, Timipre Sylva …seek FG’s collaboration The Shipowners Association of Nigeria (SOAN) has announced plans to float a ship repair facility in Nigeria under a Public Private Partnership (PPP) arrangement. President of the association, Dr. Mkgeorge Onyung, gave this hint when he led a team on a courtesy visit to the Minister of State for Petroleum Resources, Chief Timipre Sylva.
Affordable housing: Developers seek subsidy on land, infrastructure, others – Daily Trust
•Say cement cheaper in Ghana than Nigeria Real estate developers have called on the federal and state governments to introduce diverse forms of subsidy as a way of stimulating investment in various aspects of the real sector, saying it was one way to tackle the affordable housing challenge in the country.
NIQS, NAF partner to improve construction projects quality – Daily Trust
Home Property NIQS, NAF partner to improve construction projects quality ADVERTISEMENT The Nigerian Institute of Quantity Surveyors (NIQS) is set to partner with the Nigerian Air Force (NAF) to avail the force the competencies of members of the institute in ensuring that construction projects are well executed in line with international best practices.
Eximia, partner unveil affordable luxury estate in Katampe – Daily Trust
Indigenous estate developer, Eximia Realty Ltd, has partnered Trio Nominees Ltd to launch one of the newest estate projects in the Katampe Extension area of Abuja, called The Mews. The estate which sits on a 3,800 square-metre land comprises eight units of terraces and one flat. Each of the terraces has a four-bedroom flat and a boys-quarter (BQ) with generous green areas and massive car park spaces.
Nigeria lost $750m to oil theft in 2019 – NNPC – Daily Trust
Home Business Nigeria lost $750m to oil theft in 2019 – NNPC ADVERTISEMENT The Nigerian National Petroleum Corporation (NNPC) on Tuesday disclosed that the nation lost about $750 million to oil theft in 2019. NNPC Group Managing Director, Mallam Mele Kyari, made this disclosure in a presentation to members of the Executive Intelligence Management Course 13 of the National Institute for Security Studies (NISS) during their visit to his office in Abuja.
Nigeria Lost N230bn to Oil Theft in 2019 - NNPC
The Nigerian National Petroleum Corporation (NNPC) on Tuesday said the nation lost about $750 million to oil theft in 2019. The amount is about N230 billion at the official CBN exchange rate of N306 to $1. NNPC's Group Managing Director, Mallam Mele Kyari, gave the figure in a presentation to members of the Executive Intelligence Management Course 13 of the National Institute for Security Studies (NISS) who visited the NNPC Towers, Abuja, on a study tour today.
Nigeria lost N230bn to oil theft in 2019 – NNPC – Daily Trust
Home Business Nigeria lost N230bn to oil theft in 2019 – NNPC ADVERTISEMENT NNPC GMD, Mallam Mele Kyari The Nigerian National Petroleum Corporation (NNPC) on Tuesday said the nation lost about $750 million to oil theft in 2019. The amount is about N230 billion at the official CBN exchange rate of N306 to $1.
NNPC, IOCs commit $360m to Ogoni clean-up project – Daily Trust
Home Business NNPC, IOCs commit $360m to Ogoni clean-up project ADVERTISEMENT The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture (JV) partners have disbursed $360 million towards the Ogoniland Clean-Up project as recommended by the United Nations Environment Programme (UNEP). The JV partners are Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC).
NNPC, Shell, others disburse $360m for Ogoni Clean-up – Daily Trust
Home Business NNPC, Shell, others disburse $360m for Ogoni Clean-up ADVERTISEMENT The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture partners made up of Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC), have disbursed $360million towards the Ogoniland Clean-Up project as recommended by the United Nations Environment Programme (UNEP).
‘Heightening insecurity scaring investors from real estate’ – Daily Trust
Home Property ‘Heightening insecurity scaring investors from real estate’ ADVERTISEMENT The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has expressed concern over the growing insecurity in the country, saying the trend portends danger for the real estate sector.
NNPC recruits 1,050 graduates – Daily Trust
Home News NNPC recruits 1,050 graduates ADVERTISEMENT The Nigerian National Petroleum Corporation (NNPC) has announced the recruitment of 1,050 graduate trainees, signaling the successful completion of its 2019/2020 employment exercise.
DPR transfers revoked OML 98 oil asset to NNPC – Daily Trust
Home News DPR transfers revoked OML 98 oil asset to NNPC ADVERTISEMENT The Department of Petroleum Resources (DPR) yesterday handed over operatorship of Oil Mining Licence (OML) 98 to the Nigerian Petroleum Development Company, the upstream unit of the Nigerian National Petroleum Corporation (NNPC). The transfer of the asset to NPDC was sequel to the revocation of the licence from Pan Ocean Oil Corporation in 2019 over legacy debts.
2019/2020 Recruitment exercise: NNPC hires 1,050 graduates – Daily Trust
Home News 2019/2020 Recruitment exercise: NNPC hires 1,050 graduates ADVERTISEMENT The Nigerian National Petroleum Corporation (NNPC) has announced the recruitment of 1,050 Graduate Trainees, signaling the successful completion of its 2019/2020 employment exercise.
DPR transfers revoked OML 98 oil asset to NNPC – Daily Trust
Home Business DPR transfers revoked OML 98 oil asset to NNPC ADVERTISEMENT The Department of Petroleum Resources (DPR) on Friday handed over operatorship of Oil Mining Licence (OML) 98 to the Nigerian Petroleum Development Company, NPDC, the upstream unit of the Nigeria National Petroleum Corporation (NNPC). The transfer of the asset to the NPDC was sequel to the revocation of the licence from Pan Ocean Oil Corporation in 2019 over legacy debts.
FG, states, others shared N8.15tr in 2019 - NEITI – Daily Trust
Home Business FG, states, others shared N8.15tr in 2019 – NEITI ADVERTISEMENT Nigeria Extractive Industries Transparency Initiative (NEITI) Nigeria Extractive Industries Transparency Initiative NEITI) on Thursday reported that the three tiers of government shared the sum of N8.15 trillion from the Federation Account distributions in 2019. The transparency organisation disclosed this in its latest edition of its industry Quarterly Review report.
Nigeria under-investing in refineries –Experts – Daily Trust
Home Business Nigeria under-investing in refineries –Experts ADVERTISEMENT Stakeholders in the downstream oil sector value chain have called on the federal government to make the operating environment more conducive to businesses in order to attract more investments into refineries as core infrastructure. They made the call at the just concluded 2020 edition of Nigeria International Petroleum Summit (NIPS) in Abuja.
NOGASA in talks with banks over loans for members – Daily Trust
Home Business NOGASA in talks with banks over loans for members ADVERTISEMENT The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) said it is in talks with commercial banks to facilitate the issuance of loans to its members. NOGASA is the premiere organisation of suppliers in the nation’s oil and gas sector distribution service chain.
BPE to support 2020 budget with N266.8bn – Daily Trust
Home News BPE to support 2020 budget with N266.8bn ADVERTISEMENT Bureau of Public Enterprises (BPE) The Bureau of Public Enterprises (BPE) yesterday said it intends to raise N266.8 billion as net revenue from the sale and commercialisation of federal government enterprises to support the funding of the 2020 budget. The Director General (DG) of BPE, Dr. Alex Okoh, disclosed this in Abuja while unveiling the bureau’s 2020 work plan, revenue and expenditure projections.
BPE to raise N266.8bn from asset sales in 2020 – Daily Trust
Home Business BPE to raise N266.8bn from asset sales in 2020 ADVERTISEMENT BPE, Mr. Alex A. Okoh The Bureau of Public Enterprises (BPE) on Wednesday said it intends to raise N266.8 billion as net revenue from the sale and commercialisation of federal government assets to support the funding of the 2020 budget. Director General of the BPE, Mr. Alex Okoh disclosed this in Abuja while unveiling the Bureau’s 2020 Work Plan, Revenue and Expenditure Projections.
NNPC, US agency sign $1.1m deal for Abuja power plant – Daily Trust
Home Business NNPC, US agency sign $1.1m deal for Abuja power plant ADVERTISEMENT NNPC GMD, Mallam Mele Kyari The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have signed a $1.1 million grant as part funding for the NNPC-Abuja Independent Power Project (IPP) On completion, the plant is designed to generate 1,350 megawatts (MW) of electricity into the national grid.
Nigeria: NNPC, U.S. Agency Sign $1.16 Million Grant for New Abuja Power Plant
The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have signed a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project (IPP) modelled to generate 1,350 megawatts of electricity to alleviate the power challenge in the country. The signing between the NNPC, the U.S. Trade and Development Agency and General Electric took place Tuesday morning at the ongoing Nigeria International Petroleum Summit (NIPS) in Abuja.
Nigeria: Gas Transportation Network Code Key to Growing Gas Market - Govt
The Federal Government yesterday launched a new National Gas Transportation Network Code (NGTNC) as part of efforts to stimulate the domestic gas market, drive gas-powered industrialisation nationwide. The Minister of State for Petroleum Resources, Chief Timipre Sylva, who announced the formal commencement of the NGTNC implementation at the Nigeria International Petroleum Summit (NIPS) in Abuja, said the launch was sequel to the declaration of 2020 as the year of gas for Nigeria.
Gas Transportation Network Code key to growing gas market — FG – Daily Trust
Home Business Gas Transportation Network Code key to growing gas market — FG ADVERTISEMENT Timipre Sylva The Federal Government yesterday launched a new National Gas Transportation Network Code (NGTNC) as part of efforts to stimulate the domestic gas market, drive gas-powered industrialisation nationwide.
Your investments safe in Nigeria, Buhari assures IOCs – Daily Trust
Home News Your investments safe in Nigeria, Buhari assures IOCs ADVERTISEMENT President Muhammadu Buhari yesterday assured foreign oil companies operating in the country of the security of their investments. Buhari, who declared open, the third edition of the Nigeria International Petroleum Summit in Abuja, said Nigeria, as a major oil producing nation, remained ready and accessible for legitimate investments from interested countries, individuals and partners.
DPR plans safety training scheme for downstream operators – Daily Trust
Home Business DPR plans safety training scheme for downstream operators ADVERTISEMENT The Department Petroleum Resources (DPR) said it will soon launch an initiative called Minimum Industry Safety Training for Downstream Operators (MISTDO) as part of initiatives to improve the safety of lives and property in the downstream operations in the oil and gas industry. The DPR Abuja Zonal Operations Controller, Engr.
‘Mini-grids promise viable solution to energy access for Africans’ – Daily Trust
Home Business ‘Mini-grids promise viable solution to energy access for Africans’ ADVERTISEMENT Renewable and self-sustaining mini-grid solutions present a viable solution to achieve universal energy-access goals for remote African communities, the Africa Energy Indaba, has said.
Salisu Isihak emerges FEL-Nigeria chair – Daily Trust
Home Jobs and career Salisu Isihak emerges FEL-Nigeria chair ADVERTISEMENT Mr. Salisu Isihak Mr. Salisu Isihak has been appointed as chairman of the executive members of the Future Energy Leaders (FEL-Nigeria), an initiative of the World Energy Council (WEC). The appointment which takes effect from 1st January 2020 is for a period of two years. Also appointed in the executive team are: Mrs.
$70/barrel good for Nigeria’s fiscal planning - Sylva – Daily Trust
Home Business $70/barrel good for Nigeria’s fiscal planning – Sylva ADVERTISEMENT Timipre Sylva Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, said if oil prices remain within the$60 and $70 per barrel, it will be good for the country’s fiscal planning and budget implementation in the current year.
Every section of Nigeria represented in NNPC — Kyari – Daily Trust
Home News Every section of Nigeria represented in NNPC — Kyari ADVERTISEMENT The Nigerian National Petroleum Corporation says it complies with the provisions of the law as well as the Federal Government policy and regulations to include every segment of the country in its recruitment policy. NNPC Group Managing Director Mele Kyari said this in Abuja yesterday while receiving the Acting Executive Chairman of the Federal Character Commission, Abdullahi Shinkafi.
GEIL targets 20,000 barrels/day oil from Otakikpo Phase 2 field – Daily Trust
Home Business GEIL targets 20,000 barrels/day oil from Otakikpo Phase 2 field ADVERTISEMENT Green Energy International Limited (GEIL) Green Energy International Limited, (GEIL), the operator of the Otakikpo marginal field in Oil Mining Lease (OML) 11 with operational base at Ikuru town, Rivers State has commenced the execution of the second phase of its field development.
Nigeria: PIB, Cheap Fuel - Inside Buhari's Plans for Oil Sector
On the back of the feats recorded in the oil and gas sector last year, such as the amendment of the Deep Offshore (and Inland Basin Production Sharing Contact) Act, signing of the Final Investment Decision (FID) on the Nigeria LNG Train 7 project as well as the discovery of crude oil in the North, President Muhammadu Buhari, who doubles as the Minister of Petroleum Resources, has set the tone for the development of the industry in 2020 and beyond.
PIB, cheap fuel: Inside Buhari’s plans for oil sector – Daily Trust
On the back of the feats recorded in the oil and gas sector last year, such as the amendment of the Deep Offshore (and Inland Basin Production Sharing Contact) Act, signing of the Final Investment Decision (FID) on the Nigeria LNG Train 7 project as well as the discovery of crude oil in the North, President Muhammadu Buhari, who doubles as the Minister of Petroleum Resources, has set the tone for the development of the industry in 2020 and beyond.
NCDMB, Waltersmith to support E/Guinea on modular refinery – Daily Trust
Home Business NCDMB, Waltersmith to support E/Guinea on modular refinery ADVERTISEMENT The Nigerian Content Development and Monitoring Board (NCDMB) and Waltersmith Petroleum Oil Limited will assist Equatorial Guinea to develop modular refineries in the Central African nation. The bi-lateral cooperation was confirmed at the weekend after the Executive Secretary of NCDMB, Engr.
Construction booms at Nigeria’s big cities amid challenges – Daily Trust
…developers turn to smaller, affordable projects Movement of excavators on site, dumpers, cranes, builders laying concrete and artisans doing diverse jobs are now common scenes once again at various sites in four of Nigeria’s mega cities. Nigeria’s real estate sector was significantly impacted by the economic recession, with growth dropping in 2015 and 2016, and remaining subdued in 2017 and early 2018.
Ministry to facilitate registration of expatriate builders – Daily Trust
Home Property Ministry to facilitate registration of expatriate builders ADVERTISEMENT Minister of Interior, Ogbeni Rauf Aregbesola The Minister of Interior, Rauf Aregbesola, has promised that the immigration section of his ministry would ensure that building expatriates coming into the country would be duly registered with the Nigerian Institute of Building (NIOB) and licensed by the appropriate regulatory body, the Council of Registered Builders of Nigeria (CORBON).
‘NIQS to witness changes – Daily Trust
Home Property ‘NIQS to witness changes ADVERTISEMENT The president of Nigerian Institute of Quantity Surveyors (NIQS), Mohammed Abba Tor The president of Nigerian Institute of Quantity Surveyors (NIQS), Mohammed Abba Tor, has called on quantity surveyors to imbibe team spirit and collaborative culture in discharging their responsibilities.
PIB will be passed in May — FG – Daily Trust
Home News PIB will be passed in May — FG ADVERTISEMENT Timipre Sylva The Minister of State for Petroleum Resources, Timipre Sylva, says counting on the current harmony between the executive and the legislature, the government is optimistic that the Petroleum Industry Bill will be passed by May this year. He reiterated the present administration’s commitment to developing the petroleum industry and improving the relationship between the industry and the ordinary citizens.
I won't mind being part of the cabals - Shettima – Daily Trust
Home News I won’t mind being part of the cabals – Shettima ADVERTISEMENT Despite its negative connotation and the fact that some people may harbour the illusion that there is nothing like cabal, there is a cabal in every administration, says former Governor of Borno State, Senator Kassim Shettima.
DPR set to grant 11,000 barrels/day NDPR refinery operational license – Daily Trust
Home Business DPR set to grant 11,000 barrels/day NDPR refinery operational license ADVERTISEMENT The Department of Petroleum Resources (DPR) is set to grant the Niger Delta Petroleum Resources Limited (NDPR) a ‘Licence to Operate’ (LTO) its upgraded 11,000 barrels per day (bpd) refinery expected to be commissioned soon. The Director/CEO of the DPR Engr.
Building collapse incidents rose by 122% in 2019 – Daily Trust
66 die, 174 injured in 40 collapse cases More buildings may collapse in 2020-expert The number of building collapse incidents in Nigeria more than doubled last year compared to 2018, just as more people died and a greater number sustained injuries, findings by Daily Trust have shown.
Why we want to build youth hostels, car parks in Abuja – APDC MD – Daily Trust
Home Property Why we want to build youth hostels, car parks in Abuja – APDC MD ADVERTISEMENT The Acting Managing Director of Abuja Property Development Company (APDC) Bldr. Lawal Aliyu Magaji The Acting Managing Director of Abuja Property Development Company (APDC) Bldr.
Nigeria: NNPC Imported 18bn Litres of PMs in 2019 - PPPRA
Latest report by the Petroleum Products Pricing Regulatory Agency (PPPRA) shows that over 18 billion litres of Premium Motor Spirit (PMS), also called petrol, were supplied in Nigeria in 2019. According to the Executive Secretary of the agency, Abdulkadir Saidu, in a report yesterday, the total quantity of PMS supplied across the nation as at November 2019 was 18,623,992,092 litres. Saidu, in the report said 1,612 vessels laden with different petroleum products docked in Nigerian waters in 2019.
NNPC imported 18bn litres of PMS in 2019 - PPPRA – Daily Trust
Home Business NNPC imported 18bn litres of PMS in 2019 – PPPRA ADVERTISEMENT Latest report by the Petroleum Products Pricing Regulatory Agency (PPPRA) shows that over 18 billion litres of Premium Motor Spirit (PMS), also called petrol, were supplied in Nigeria in 2019. According to the Executive Secretary of the agency, Abdulkadir Saidu, in a report yesterday, the total quantity of PMS supplied across the nation as at November 2019 was 18,623,992,092 litres.
Nigeria imported over 18bn litres of PMS in 2019 - PPPRA – Daily Trust
Home Business Nigeria imported over 18bn litres of PMS in 2019 – PPPRA ADVERTISEMENT Latest report by the Petroleum Products Pricing Regulatory Agency (PPPRA) shows that over 18 billion litres of Premium Motor Spirit (PMS), also called petrol, was supplied into Nigeria in 2019. According to the Executive Secretary of the agency, Abdulkadir Saidu in a report on Wednesday, the total quantity of PMS supplied across the nation, as at November 2019, was 18,623,992,092 litres.
Nigeria: Oil Price - Govt Revenue Shrinks As Petrol Subsidy Rises
Lower amounts of revenue might be available for sharing by the three tiers of government through the Federation Accounts Allocation Committee (FAAC) in the coming months as the cost borne by the Nigerian National Petroleum Corporation (NNPC) to subsidise petrol has increased by about N17 per litre, Daily Trust reports.
Oil price: FG revenue shrinks as petrol subsidy rises – Daily Trust
Home Business Oil price: FG revenue shrinks as petrol subsidy rises ADVERTISEMENT NNPC GMD, Mallam Mele Kyari …workers, contractors risk delayed pay Lower amounts of revenue might be available for sharing by the three tiers of government through the Federation Accounts Allocation Committee (FAAC) in the coming months as the cost borne by the Nigerian National Petroleum Corporation (NNPC) to subsidise petrol has increased by about N17 per litre, Daily Trust reports.
Estate firm secures N6bn materials for housing projects – Daily Trust
Home Property Estate firm secures N6bn materials for housing projects ADVERTISEMENT Wisdom Kwati City has secured materials worth N6 billion for the construction of its pilot projects in Abuja and Adamawa State, its Chief Executive Officer (CEO), Mr. Wisdom Kwati, has said. In a statement he issued in Abuja, Kati revealed that the firm will commence the construction in September this year. ADVERTISEMENT “We are taking off with Adamawa and Abuja simultaneously.
IOM, stakeholders campaign on youth migration – Daily Trust
Home News IOM, stakeholders campaign on youth migration ADVERTISEMENT Worried by the challenges faced by illegal migrants seeking better future abroad, the International Organization for Migration (IOM) and other stakeholders in Edo State have launched a multimedia campaign to help youths make informed migration-related decisions. The project calked WAKA Well (WAKA is a pidgin word meaning move) was recently launched in Oredo and Ikpoba Okha, two LGAs of the state.
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