The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva will on Tuesday perform the groundbreaking of the Oloibiri Museum and Research Center (OMRC), in Ogbia Local Government of Bayelsa State on behalf of President Muhammadu Buhari, GCFR. The Minister would also perform
The Minister of State for Petroleum Resources, Chief Timipre Sylva, said that the philosophy behind the Petroleum Industry Bill (PIB) signed into law by the President was to attract investors. The minister disclosed this while responding to questions on the three per cent allocation to host communities in the PIB in Abuja on Tuesday. Sylva […]
The Minister of State for Petroleum Resources, Timipre Sylva, has tasked the people of Niger Delta on effective utilisation of the three percent equity provided for development of host communities in the Petroleum Industry Bill (PIB). Sylva stated this when he played host to some leaders and elders of an Ijaw group who visited him […]
According to Chief Timipre Sylva, Minister of State for Petroleum Resources, President Muhammadu Buhari has the political will to ensure that Nigeria, with its vast gas reserves, becomes a gas country. On Monday, Sylva announced this at the Decade of Gas Pre-summit Conference in Abuja. READ ALSO: PIB will guarantee robust upstream fiscal framework — […]
The Nigerian government has apologised for the jump in petrol prices announced by the Petroleum Products Pricing Pricing Authority (PPPRA) on Friday, claiming that the hike was false. Timipre Sylva, the minister of state for petroleum, said in a statement on Friday that the decision did not receive his or President Muhammadu Buhari’s approval. He […]
…Says there is no provision for subsidy in 2021 budget Doosuur Iwambe, Abuja The Federal Government on Tuesday admonished Nigerians to brace up for an increase in petrol pump price. The Minister of State, Petroleum Resources, Chief Timipre Sylva who gave this charge during the official launch of the Nigerian Upstream Cost Optimisation Program in […]
BY DOOSUUR IWAMBE Minister of State for Petroleum Resources, Timipre Sylva, has announced June 6 as new date for the 2021 Nigerian International Petroleum Summit (NIPS). He made the announcement during a special video broadcast on a national television station. Accordibg to the broadcast which was also shared by the Petroleum Ministry’s official social media […]
The Federal Government has stated that car owners will pay up to N250,000 to have their vehicles converted to run on gas, Daily Times gathered. Justice Derefaka, Technical Adviser on Gas Business and Policy Implementation to Minister of State for Petroleum, Timipre Sylva, made this known on Wednesday, December 2. According to him, conversion of […]
The Minister of State for Petroleum Resources, Timipre Sylva, has assured Nigerians that the deregulation of the pump price petrol will soon begin to yield fruitful results. The minister who was reacting to the latest pump price increase and the fact that it was no longer possible for government to subsidize, It is unfortunate we […]
By Rotimi Fadeyi Minister of State for Petroleum, Timipre Sylva on Monday said that the increase in the price of petrol was as a result of the announcement of a vaccine for COVID-19 by pharmaceutical company, Prizer. According to him, the announcement made the price of crude oil to go up and therefore affected the […]
The federal government has said that Nigerians will pay about N183 per litre for petrol if there was full deregulation of the petroleum sector. The Minister of State for Petroleum, Timipre Sylva, said this at a meeting in Abuja on Tuesday, September 15. He said, “Why have we kept it at N161? Frankly speaking, let […]
The Minister of State for Petroleum Resources, Timipre Sylva, says the Federal Government will from October begin converting the cars and generators of Nigerians to run on gas. READ ALSO: Labour, FG hold decisive talks over petrol… Daily Times Nigeria gathered that Sylva said it will be done free of charge for all Nigerians to […]
The Minister of State for Petroleum Resources, Timipre Sylva, has ordered the chief executive officers and their lieutenants in agencies under the Federal Ministry of Petroleum Resources to convert all their official vehicles to run on autogas. Sylva made this known in his address on Tuesday, August 25 at the Ministerial Mandate Performance Scorecard Review […]
The Minister of State for Petroleum Resources, Timipre Sylva, has said that sustaining subsidy of premium motor spirit also known as Petrol is unrealistic. Sylvia stated this while debunking the news of permanently reducing the pump price. In a statement on Thursday, he noted that the Federal government did not at any time promise to […]
The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention (NCI) Fund from 200 million dollars to 350 million dollars. Chief Timipre Sylva, Minister of State for Petroleum and Chairman of the NCDMB Governing Council, announced this in a statement posted on the NCDMB’s […]
Bayelsa State Governor, Senator Douye Diri, has described the Minister of State for Petroleum, Chief Timipre Sylva, and the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, as illustrious sons of the state. Governor Diri, who was reacting to a recent online publication, which tended to cast aspersion on Chief Sylva […]
Leader of the All Progressives Congress (APC) in Bayelsa state and Minister of State for Petroleum Resources, Chief Timipre Sylva on Monday advised members of the party in the state to remain strong and steadfast. Sylva gave the advice in a statement in Yenagoa, issued by the APC state Publicity Secretary, Mr. Doifie Buokoribo. “Despite […]
Following the reduction of pump price to 125 Naira by the Federal government, the Minister of State for Petroleum Resources, Timipre Sylva, has called on commercial drivers to also follow the steps taken by the government to slash cost of transportation fares. Sylva said this on Thursday at the Leadership Newspapers Conference and Awards for 2019 in […]
Minister of State for Petroleum and former Governor of Bayelsa state, Chief Timipre Sylva, has admonished party members and supporters of the All Progressives Congress (APC) in the state to keep calm and shun all acts of violence and lawlessness following the Supreme Court judgement. Sylva, who described as provocative and regrettable the events in […]
Minister of State for Petroleum Resources, Chief Timipre Sylva, says review of the Petroleum Industry Bill (PIB) is at an advanced stage and full passage of the bill is expected mid 2020. Sylva made the announcement on Wednesday in a statement to mark the New Year which was made available to the News Agency of […]