The South Africa-based Metallon Corporation’s bid to take control of LEKOIL Cayman has suffered a major setback ahead of the Executive General Meeting (EGM) slated for today in Lagos Nigeria.
To print this article, all you need is to be registered or login on Mondaq.com.
The Oil and Gas sector serves as a major source of revenue in
Nigeria. Any person intending to start an oil and gas business in
Nigeria must comply with the certain legal requirements. This
write-up will give a breakdown of the step by step procedure
necessary to set up oil and gas business in Nigeria.
The following steps must be followed to start an oil and gas
company in Nigeria:
Registration of Company
Registration at Corporate Affairs Commission
This applies to all businesses owned by nationals, foreigners or
Fuel subsidy: Let’s shift to Autogas, FG tells MOMAN, IPMAN, others
On
Kindly Share This Story:
By Udeme Akpan
AS an immediate response to the rising price of petrol, and by extension, the return of fuel subsidy, the Federal Government has urged operators in Nigeria’s downstream sector of the petroleum industry to shift to Autogas.
The call becomes necessary as Autogas is cheaper, about 60 per cent of the current price of petrol, which price could have hit the roofs at about N181.53 per litre, without government intervention through the Nigerian National Petroleum Corporation, NNPC.
The breakdown provided by the Petroleum Products Pricing Regulatory Agency, PPPRA, showed that the landing cost of petrol rose from an average of N143.60 in December to N158.53 per litre on January 7, 2021.
Welcome to Morningstar.co.uk!
You have been redirected here from Hemscott.com as we are merging our websites to provide you with a one-stop shop for all your investment research needs.
Get Started: To search for a security, type the name or ticker in the search box at the top of the page and select from the dropdown results.
Registered Hemscott users can log in to Morningstar using the same login details. Similarly, if you are a Hemscott Premium user, you now have a Morningstar Premium account which you can access using the same login details.