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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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Natural Gas Drives Economic Growth- Says Kyari


Representative of the GCEO NNPC Ltd and Head of the Company’s Relationship and Stakeholder Management, Mrs. Oluwakemi Olumuyiwa exchange pleasantries with Engr. Charles Osezua, author of “The Rise of Gas: From Gaslink to the Decade of Gas” during the public presentation of the book in Lagos, yesterday.


By Favour Ifeoluwa & Akinola Ajibade


The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.) Mr. Mele Kyari, has  re-emphasised rthe crucial role of natural gas in the development of Nigeria. 

Kyari, who was spoke at the public presentation of the book “The Rise of Gas: From Gaslink to the Decade of Gas” authored by Engr. Charles A. Osezua, said gas is a crucial energy source, whichs in sustaining economic growth and drives industrial activities.

Represented by NNPC Ltd’s Head of Relationship and Stakeholder Management, Mrs. Oluwakemi Olumuyiwa, the GCEO said the role  emphasized the roles played by gas in the nation's economic growth cannot be under-emphasised. 

He underscored the significance of prioritizing natural gas production and supply, particularly in the context of geopolitical dynamics and energy security in the global economy.

With Nigeria boasting substantial gas reserves exceeding 200 trillion cubic feet (Tcf) and a potential to reach 600 Tcf, the GCEO said it is pertinent Nigeria leverages the gas resource for sustainable development, energy security, and job creation.

He noted that the book aligns with the Federal Government’s “Decade of Gas” initiative, aimed at optimizing Nigeria’s abundant gas reserves for both domestic consumption and international export.

Kyari added that as a key stakeholder, the NNPC Ltd has played a leading role in advancing the “Decade of Gas” agenda through strategic investments in critical gas infrastructure such as pipelines and processing facilities.

In his remarks, the author, Engr. Charles Osezua, who described the unveiling of “The Rise of Gas” as his significant contribution to Nigeria’s energy literature, expressed gratitude to the NNPC Ltd for its support towards the book launch.

Osezua said NNPC Ltd’s participation at the occasion underscores the Company’s commitment to fostering knowledge sharing and innovation within the gas industry.

Also speaking, Chairman of the Impact Investors Foundation and former Group Executive Director of NNPC, Engr. Afolabi Oladele, lauded the book for its comprehensive insights into the gas value chain, adding  that it will be relevant to policymakers amid the global energy transition.

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