Abuja March 18th 2025. The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to the Federal, State, and Local Governments in 2024, The disbursements represent a historic high in revenue distribution and a 43% increase compared to previous years. The NEITI FAAC Quarterly Review, released today in Abuja by the Nigeria Extractive Industries […]Read More
The Nigerian Content Development and Monitoring Board (NCDMB) has noted the comments made by the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, during the union’s recent protest at the headquarters of Sterling Oil Exploration and Energy Production Company (SEEPCO), at Victoria Island, Lagos, over alleged anti-labour […]Read More
Asharami Energy, a Sahara Group Upstream company, has joined the United Nations Environmental Program (UNEP)-led Oil and Gas Methane Partnership (OGMP) 2.0, in its bid to contribute to the global efforts geared towards methane abatement and reduction of fugitive emissions. The development, which makes Asharami Energy the first indigenous Nigerian Oil and Gas operator, and […]Read More
Back to Ground Zero: Babafemi asked who advised President Bola Ahmed Tinubu to do this? Babafemi’s reaction According to Babafemi, he just picked his phone after breaking fast to find multiple missed calls and countless messages about an alarming development: President Bola Ahmed Tinubu has reportedly declared a state of emergency in Rivers State. If […]Read More
The Minister of the Federal Capital Territory (FCT) Nyesom Wike has revoked the land titles of four thousand, seven hundred and ninety-four (4794) property owners in ten districts of the nation’s capital over non-payment of ground rents for over ten years. The Senior Special Assistant to the FCT Minister on Public Communications and Social Media […]Read More
Rivers State has debunked and advised the public to disregard the malicious post circulating on social media, claiming that a delegation of the Pan-Niger Delta Forum (PANDEF) paid a Solidarity Visit on Rivers State Governor, Sir Siminalayi Fubara, in Government House on Sunday, March 16, 2025. Also denounced another planted new by some people bent […]Read More
The President, Dangote Group, Alhaji Aliko Dangote, has said that his company decided to go back and invest in Ogun State because of the Prince Dapo Abiodun administration’s vision and deliberate policies that focus on attracting investors as well as the investor-friendly climate that exists in the state. Dangote, who stated this on Monday during […]Read More
The Economic and Financial Crimes (EFCC) on Monday, dragged a Nigerian, two Chinese, and their company, before a Federal High Court Lagos, over alleged 3.4bn fraud and conspiracy to destabilise Nigeria’s Economic structure. The defendants are: Huang Haoyu, Friday Audu, An Hongxu and a company Gentting International Ltd. The defendants are standing trial before Justice […]Read More
Lagos, Nigeria – March 17, 2025 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs is set to announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025. The Foundation’s 2025 announcement comes at a critical time, as Africa’s entrepreneurship ecosystem faces funding constraints and global economic headwinds. TEF […]Read More
A federal High Court sitting in Lagos on Monday have ordered that the former chairman of of First Bank of Nigeria plc Oba Otudeko and its ex managing director Bisi Oredanya be arraigned on alleged 12.3b fraud. Delivering ruling on Monday, Justice Aneke, held that it is now a settled principle of law , that […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.