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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
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Savannah joins Extractive Industries for growth

Savannah  joins Extractive Industries for growth 

  




By Akinola Ajibade

Savannah Energy Plc has joined the Extractive Industries Transparency Initiative (EITI) with a view to help promote management of resources in the energy sector. 

EITI is EITI a global standard for the good governance of oil, gas and mineral resourcesand the aim is to address the key governance issues in the extractive sectors.

The firm's Chief Executive officer, Andrew Knott, in a statement made available to News Mirror, recently, said the organisation is delighted to join the Extractive industries Transparency Initiative, as well as welcoming  engagement with EITI in order to offer additional support to us to its operations and further improve its activities greatly.

He noted that the company has since 2015 aligned with the EITI principles in Nigeria, stressing that  Savannah is  partnerng  with governments and regulators to build and sustain growth in the industry.

The firm is a British independent energy company focused around the delivery of Projects that Matter in Africa. 

 Knott in the statement, further said that his company is: " restrengthening collaborative efforts towards driving and improving transparency, governance and anti-corruption efforts in the countries in which we operate. 

  

  

  

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