eFOMA

Today President Muhammadu Buhari virtually inaugurated the National Oil and Gas Excellence Centre (NOGEC) at the Department of Petroleum Resources headquarters, Lagos; an integrated resource complex to drive safety, value and cost efficiency in the industry. The new Integrated National Oil and Gas Excellence Centre (NOGEC) encompasses five units, as follows:    —Search, Rescue and Surveillance, Command and Control Centre (SERAS) —National Improved Oil Recovery Centre —Oil and Gas Alternative Dispute Resolution Centre —Oil and Gas Competence Development Centre  —Integrated Data Mining and Analytics Centre “The creation of the National Oil and Gas Excellence Centre at this time is further demonstration that the Nigeria Oil and Gas Industry has come of age, even against the odds.” — President Muhammadu Buhari “The Centre will serve as oil & gas industry cost-reduction centre and hub for industry best practices, technical support and competence.”  ...

FG RELEASES N6.45 BILLION FOR NEW OXYGEN PLANTS IN 38 LOCATIONS NATIONWIDE TO FACILITATE COVID-19 TREATMENT *Another N255 million approved for repairs of oxygen plants in 5 hospitals  President Muhammadu Buhari has approved N6.45 billion for the setting up of gas plants in 38 locations nationwide in a bid to enhance the treatment of Covid-19 patients who need oxygen.  This disclosure emerged at the first National Economic Council meeting of the year presided over by Vice President Yemi Osinbajo, SAN, with State Governors, Federal Capital Territory Minister, Central Bank Governor and other senior government officials in attendance.  While briefing the NEC on the release of the funds, the Minister of Finance, Budget and National Planning, Zainab Ahmed said the President approved the release of the funds for the production of oxygen, necessitated by the increased number of patients who need oxygen due to the surge in Covid-19 infections in the country.  Simi...