Pipelines
Nigerian government set to tackle oil, gas infrastructure vandalism with skills acquisition
The Federal Government has expressed plans to create a reorientation programme aimed at engaging the youth in skills acquisition to address oil and gas infrastructure vandalism. The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, stated this at a Town Hall Meeting on “Protecting Oil and Gas Infrastructure” on Monday in Abuja. Newsmen report that the town hall meeting was organised by the Federal Ministry of Information and Culture. Akpabio said that the programme would be targeted at the pupils and students of primary and secondary school across the nine states in Niger Delta. He explained that the Federal Government was currently meeting with stakeholders, traditional rulers, youth groups and all others from one state to the other. “We are setting up skills acquisition centres, we...
Joe Biden pointedly asks Vladimir Putin about cyberattacks at summit
U.S. President Joe Biden asked Russian President Vladimir Putin on Wednesday how he would feel if someone carried out a ransomware attack on Russian oil pipelines, a pointed question during their summit that illustrated the breadth of their disagreements. The query referred to a cyberattack that closed the Colonial Pipeline Co system for several days in May, preventing millions of barrels of gasoline, diesel and jet fuel from flowing to the U.S. East Coast from the Gulf Coast. Both leaders described their first summit in a lakeside Swiss villa as professional, rather than friendly, and said they agreed to hold lower-level talks on cybersecurity and arms control and to send their ambassadors back to their capitals. But there was no hiding their differences on issues such as human rights, wh...
Marketers call for appropriate legislation on fuel subsidy removal
AHA Taxis Marketers are calling for appropriate legislation that will enforce the new fuel subsidy removal policy of the Federal Government. Speaking during a webinar on the downstream sector at the weekend, the Managing Director of 11 Plc, and Chairman of Major Oil Marketers Association of Nigeria (MOMAN), Adetunji Oyebanji, stated that there are some misconceptions that government has given permission to marketers to import premium motor spirit (PMS) otherwise called petrol. “There was never a time government stopped marketers from importing. It was the economics of it that made marketers stopped because it didn’t make sense to import products at a price that is higher than the government fixed price for the product at the pump. Gradually, all the players involved in importation stopped,...
