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    Kapital FM 92.9 The Station that Rocks!

Oil

14 Results / Page 2 of 2
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Economy

Senate Investigates Crude Oil Thefts In Niger-Delta 

By James Itodo   The Senate has mandated its Committees on Petroleum Resources, (Upstream, downstream,) Gas, Host communities and Niger Delta to conduct investigation on oil thefts in the country. The red chamber specifically mandated the committees to investigate the actions of security forces, militia groups, local populace,all company employees, and any individuals or entities suspected to be using sophisticated methods to pilfer from oil facilities within the country. Senate […]

todayOctober 10, 2023

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National

FG To Shift From Oil To Solid Minerals Sector 

By Georgina Humphrey The Federal Government has reaffirmed its commitment to shift from oil to Solid Minerals to boost the gross domestic product and GDP. Dr. Alake stated this when he received a delegation of the Miners Association of Nigeria, led by the National President, Mr Dele Ayanleke in Abuja. Dr Alake explained that the minerals sector contributes significantly to the nation's economy hence the need to boost the sector […]

todayOctober 9, 2023

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National

Nigeria Lost About N16tr To Oil Theft Between 2009-2020

The Speaker of the House of Representatives, Dr Tajudeen Abbas says the country lost about N16tr to crude oil theft between 2009 and 2020. The Speaker who spoke while inaugurating the adhoc committee to investigate crude oil theft and loss of revenue said the menace of crude oil theft has drastically hampered the growth of the country’s oil production, with Nigeria losing between 5 to 30 percent of daily crude […]

todaySeptember 8, 2023

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National

NEPC Restates Commitment To Growth Of Non-oil Export

The Nigerian Export Promotion Council, NEPC, has restated its commitment to the growth of Non-oil exports. The Executive Director/CEO of NEPC, Dr. Ezra Yakusak stated this during a Hiking organized by the Council at the Katampe Hill in Abuja. Dr. Yakusak said the hiking was organized to further sensitize Nigerians on the Export for Survival Campaign of NEPC towards fast-tracking the diversification and Development of the nation's economy. He stated […]

todayAugust 5, 2023

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Featured

OGFZA Secures $15.97b Investment Commitment For Nigeria

The Oil and Gas Free Zones Authority, OGFZA, says it has attracted $15.97b investment commitment between 2021 and 2025 . The Managing Director of OGFZA, Senator Tijjani Kaura made this known in Abuja while addressing newsmen on some landmark achievements and contributions of the Authority to the growth of Nigeria*s economy. Senator Kaura said the investment commitment were from the existing investors in five of the Oil and Gas Free […]

todayAugust 2, 2023