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Nigeria tells oil, gas companies to cut staff in pandemic fight

Nigeria’s Department of Petroleum Resources ordered oil and gas companies on Thursday to reduce their workforce and practice social distancing, tightening measures to stem the spread of the coronavirus. “All operators and their contractors are to ensure strict compliance with relevant government directives and limit the number of personnel at project/construction sites accordingly,” said Sarki […]

Business

COVID-19: Nigerian govt begs Tesla founder, Elon Musk, for ventilators

Nigeria’s Ministry of Finance, Budget and National Planning on Wednesday headed to Twitter to beg the founder of the electronic automobile company, Tesla Inc., Elon Musk, for ventilators. The official handle of the ministry responded to a tweet by the South African-American billionaire to supply ventilators to hospitals worldwide. “We have extra FDA-approved ventilators. Will […]

Business

FG reduces petrol price to N123.50 for April

The federal government, through the Petroleum Products Pricing Regulatory Agency (PPPRA), has announced a reduction in the pump price of petrol. A statement signed by Abdulkadir Saidu, PPPRA executive secretary, said the retail price of petrol would be N123.50 in April. The new price is N1.50 lower than the N125 per litre announced on March […]