Sylva lauded the company for investing in youth development and skill acquisition as opposed to other sectors of the economy that would probably yield higher return on investments.
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The Minister of State Petroleum Resources, Chief Timipire Sylva, made the submission in Abuja while playing host to the executive members of Women in Energy Oil and Gas.
Lumumba Okugbawa, General-Secretary of Petroleum and Natural Gas Senior Staff Association of Nigeria, said this in a telephone conversation with the News Agency of Nigeria on Wednesday in Yenagoa, Bayelsa State.
The Minister made the disclosure at the fifth edition of the Special Ministerial Briefings coordinated by the Presidential Communication Team, held at the Presidential Villa, Abuja on Thursday.
The Minister gave the assurance while addressing newsmen on Friday in Lagos.
In a statement by his special Adviser on Media, Alhaji Garba Deen Muhammad, on Friday in Abuja, the countries include Equatorial Guinea, Gabon, Congo Brazzaville and South Sudan.
The Minister of State for Petroleum Resources, Timipre Sylva, said this in a statement by his media aide, Garba Deen Muhammad.
The Office of the Auditor General of Federation in its report issued a query to the Ministry of Petroleum Resources about the purchases.
Justice Ijeoma Ojukwu fixed the date after counsel to the EFCC, Farouk Abdullah, prayed the court for more time to enable the anti-graft agency ensure full compliance with the court orders.
Sylva disclosed this in a statement by the Petroleum Products Pricing Regulatory Agency in Abuja on Thursday.
Sylva said the move had the potential for enormous multiplier and development outcomes for Nigeria, adding that it would create jobs and help curb environmental pollution.
Sylva made this known while briefing newsmen on the increase in the pump price of Premium Motor Spirt, also known as petrol.
Alison-Madueke said this while delivering a lecture at a virtual event organised by the Ijaw National Development Group on Friday.
Sylva made this known on the Twitter account of the Nigerian National Petroleum Corporation on Friday while inaugurating the Rainoil Limited Liquefied Petroleum Gas facility with a tank capacity of 8,000MT in Ijegun, Lagos.
The Nigerian Content Development and Monitoring Board says it has recorded significant decrease in the number of expatriates working in oil and gas industries in the country.
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the review of the Petroleum Industry Bill is at an advanced stage and its full passage expected mid-2020.
Minister of State for Petroleum Resources, Chief Timipre Sylva, says that Nigeria will cut down on its crude oil production to comply with the targets set by the Organisation of Petroleum Exporting Countries.
A former Minister of Petroleum Resources, Dr. Edmund Daukoru, on Wednesday spoke in glowing terms about the newly-appointed Executive Director, Finance and Administration of the Niger Delta Development Commission, Maxwell Oko, saying he can vouch for his capacity and integrity to deliver on his new job.
Minister of State for Petroleum Resources, Ibe Kachikwu and Justice Ibrahim Muhammad, the Acting Chief Justice of Nigeria on Monday advocated constant training of judicial officers on oil and gas matters for effective adjudication and development of the sector.
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said on Thursday that the Federal Government was working assiduously to ensure installation of gas filling plants in each of the 774 Local Government Areas in the country.