Tag: Minister of State for Petroleum Resources

‘Fuel subsidy will stay because government is being considerate’ Minister

Aminu Imam

The Minister of State for Petroleum, Timipre Sylva, has said that the fuel subsidy regime will stay for the time being because the government is being considerate of citizens. The Minister who spoke in an interview with Channels Television yesterday, noted that the government has not set any date yet for subsidy removal. I cannot give you a date for now; but the Vice-President is actually leading the efforts and very soon, we will tell Nigerians what date the removal of subsidy will kick in, he said. Sylva explained that…

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“How Nigeria accidentally discovered 206tr cubic feet gas reserve” Sylva

Aminu Imam

Says gas is Nigerias hope for economic development The Minister of State for Petroleum, Chief Timipre Sylva, has said the country accidentally discovered 206 trillion cubic feet of gas, (tcf), reserves while searching for crude oil. Sylva, who revealed this in Abuja at a Nigeria News Agency, (NAN) forumto highlight the achievements in the oil and gas sector since taking office, said the country could uncover an additional 600tcfof reserve to enable it to achieve development. desired from a gas nation. We were actually going to look for crude oil and…

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FG refutes increase in petrol pump price, apologises

Aminu Imam

Urges Nigerians not to panic The Minister of State for Petroleum Resources, Timipre Sylva, has dismissed claim of increase in fuel price to N212. The Minister, who made the assertion during the ground-breaking ceremony for a composite cylinder manufacturing plant in Alaro City, FZE, Epe, on Friday, also apologised to Nigerians over any inconveniences they might be experiencing. According to him, the Federal Government does not have any plan to increase petro price now. Sylvas statement came on the heel of Petroleum Products Pricing Regulatory Agency (PPPRA) increasing PMS to…

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‘Nigerians should be proud we are importing petrol from Niger Republic’ Sylva

Aminu Imam

Says FG hasn’t completely removed subsidy  The Minister of State for Petroleum Resources, Timipre Sylva, has said that Nigerians should be proud of the decision by the Federal government to import refined petrol from Niger Republic.  The Federal government, through the Ministry of Petroleum Resources, signed a Memorandum of Understanding, (MoU) with the government of Niger Republic for the importation of petroleum products. The decision triggered a lot of backlash from many Nigerians, who described it as an act of retrogression for the country. However, Sylva, clarified the governments actions…

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