Category: Oil & Gas
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Folawiyo Iyanda Wahab; industrialist, known as the Baba Adini of Nigeria and a recipient of the nation’s honour of the Commander of the Federal Republic, CFR, born to a successful Lagos merchant, Pa Tijani on June 16, 1928 in Lagos Island and studied at the Methodist Primary School, Ilesha Grammar School, liesha North Western Polytechnic,…
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Tongeji; Oil rich island village in the Benin Republic border end of Ogun State, Nigeria. To gain access to the treasure Island, the easiest, though not the most time manageable route, is Whekan Topa, that is one has to get to Ipokia then Tube and endure a 45-minute motorcycle ride over rough and unmotorable terrain…
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Stella Oduah; Aviation Minister in President Jonathan’s administration believed to be one of president’s close confidants. In the wake of Oduah’s scandal, opposition believed the president, from the way he handled the issue can be seen as an accomplice[i]. In spite of several counter allegations of corruption in the Aviation Ministry that cost her job,…
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Sustainable energy is a major component in the drive to boost Nigeria’s electricity supply. Sustainable energy which could be obtained through water, sun, wind and bio mass are the best any nation can rely on. Renewable energy refers to energy derived from a source, which can be replenished within a relatively short time or a…
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Extractive Industry; in Nigeria involve different activities that lead to the extraction of raw materials from the earth (such as oil, metals, mineral and aggregates), processing and utilization by consumers as impacted by the Nigerian Content policy. In 2013, Transparency and Anti-Corruption, United Nations (UN) Global Compact said many resource-rich countries like Nigeria were not…
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Vandalism; is the damage to public properties. Bottled resentment due to Niger Delta crisis has been blamed for instances of vandalism of oil and gas pipelines[i]. A total of 2,258 cases of pipeline vandalism were recorded in 2005 while 911 cases were reported in 2004. This culminated in the loss of products amounting to about…
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Theophilus Danjuma; Military general who played crucial roles in the shaping of post-independence Nigeria. Danjuma who made huge fortunes in Nigeria’s extractive industry announced his foundation with the sum of $100 million in 2009[i]. The one-time Chief of Army Staff, COAS, and Minister of Defence is generally regarded as a doyen of military professionalism[ii]. Born…
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National Petroleum Corporation, NNPC; Nigeria’s state oil corporation through which the federal government regulates and participate in the oil industry Nigerian was formed in 1977 was a result of different developments in the country’s oil industry. The evolution of the Corporation, no doubt, was after the first commercial oil find was made in 1956 by…
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Ethanol; is an alcohol derived from grains like corn and tubers of cassava[i]. It is emerging as an important motor fuel in view of the Kyoto Protocol Agreement to which Nigeria is a signatory. Ethanol is easy to use in combustion engines, requiring none to minor modifications, it has a higher octane rating compared to…
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Nigerian Content is defined as the quantum of composite value added or created in the Nigerian economy through the utilisation of Nigerian human and material resources for the provision of goods and services to the petroleum industry within acceptable quality, safety and environment standards in order to stimulate the development of indigenous capabilities. Despite…