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Timipre Sylva

Government

Nigeria Lost $50 Billion In 10 Years Due To Uncertainty In Petroleum Industry – Buhari

Wires Editor | The Trent -
President Muhammadu Buhari on Wednesday, August 18, 2021, in Abuja said Nigeria lost an estimated $50billion worth of investments in 10 years. This, according to...
Government

PIB: Why Host Communities Can’t Have More Than 3 Percent – Nigerian Gov’t

Wires Editor | The Trent -
Timipre Sylva, the minister of state for Petroleum Resources, has said the National Assembly and other stakeholders settled for three percent for Host Communities...
Government

FEC Approves $1.4 Billion To Fix Warri, Kaduna Refineries

Inah Emmanuel | News Reporter -
The Federal Executive Council, FEC, has approved contracts for the rehabilitation of Warri and Kaduna refineries at a cost of $1.4 billion. The breakdown shows...
News

APC Stops Ward Congresses In Bayelsa

Wires Editor | The Trent -
The Bayelsa State chapter of All Progressives Congress, APC, has postponed its ward congress scheduled for Saturday, July 31, 2021, over the injunction by...
Government

Nigerian Gov’t Reduces Gas To Power Price From $2.50 To $2.18

Wires Editor | The Trent -
The Federal Government has on Thursday, July 29, 2021, reduced gas to power prices from $2.50 to $2.18 with immediate effect. President Muhammadu Buhari disclosed...
Business

Nigerias Equity In Dangote, Other Refineries Will Guarantee Security – Presidency

News Agency of Nigeria -
Timipre Sylva, the minister of state for Petroleum Resources, says the Federal Government decision to acquire a 20 percent equity stake in all private...
Government

Senate Passes Petroleum Industry Bill, Approves 3% For Host Communities

Wires Editor | The Trent -
The Nigerian Senate has passed the Petroleum Industry Bill, PIB, and approved 3 percent for the host communities The bill was passed on Thursday, July...
Government

Petrol Subsidy Killed Refineries – Nigerian Gov’t

News Agency of Nigeria -
Sustenance of the petrol subsidy regime is one of the reason that killed the refineries, Minister of State Petroleum Timipre Sylva said on Sunday,...
Government

How Nigeria Accidentally Discovered 206 Trillion Cubic Feet Gas Reserve

News Agency of Nigeria -
Timipre Sylva, the minister of State for Petroleum has said that Nigeria accidentally discovered 206 trillion cubic feet of gas reserves while in search...
Government

House Of Reps Summons NNPC, Others In Oil Sector

Wires Editor | The Trent -
The House of Representatives Committees on Petroleum Upstream, has given the Nigerian National Petroleum Corporation, NNPC, two weeks ultimatum to appear and explain alleged...
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