sylva

Sylva: Nigeria Flared Gas Worth $1bn, 3000MW In 2017

The Minister of State for Petroleum Resources, Mr. Timipre Sylva has disclosed that Nigeria flared about 324 billion cubic feet (bcf) of natural gas in 2017.

Sylva, who said this at the recent 9th annual gas summit of the Nigeria Liquefied Petroleum Gas Association (NLPGA), added that the volume of gas flared by the country in that year was worth $1 billion, and could as well produce for her 3000 megawatts (MW) of electricity daily.

He spoke through the Programme Coordinator for the Nigerian Gas Flare Commercalisation Programme (NGFCP), Mr. Justice Derefaka, and explained that in addition, the country failed …

Sylva

The Rise Of Sylva And The Fall Of Dickson

In every religious teaching, there is a firm belief that in the lives of men, an unseen hand called fate directs their affairs. Success or failure is also largely dependent on the choices we make whether in our daily interactions, in business or in the complex game of politics with all the intrigues and strange alliances that come with it. It is for this reason that it is critical to situate and review the changing political dynamics in Bayelsa State with the defeat of Governor Seriake Dickson’s candidate, Senator Douye Diri, in the just-concluded governorship election in the state.…

Timipre Sylva: Petrol Price Should Be ₦181 Per Litre

Sylva: How Dickson Made APC Victory In Bayelsa Much Easier

The Minister of State for Petroleum Resources, Mr Timipreye Sylva has `thanked’ Gov. Seriake Dickson of Bayelsa for making it much easier for the governorship candidate of the All Progressives Congress (APC), David Lyon, to win the Nov. 16 election.

He disclosed this after presenting the Bayelsa Governor-elect, David Lyon, to President Muhammadu Buhari at the Presidential Villa, Abuja on Monday.

Sylva attributed the electoral victory of the APC candidate to what he described as “poor performance by the Bayelsa State government”.
He said: “It’s been a very hectic week but I will like to bring in this Eritrean proverb, …

Nembe Killings: PDP Plotting Mayhem For APC – Sylva

Minister of State Petroleum and Director-General of Bayelsa APC governorship campaign council, Chief Timipre Sylva has accused the Peoples Democratic Party (PDP) of causing mayhem in Nembe which is APC stronghold to weaken the resolve of the people to vote out the party on Saturday.

Sylva who addressed a press conference while expressing sadness over the deaths recorded in Nembe called on security agencies to act on the intelligence report over the activities of certain PDP chieftains.

He described the Nembe people as peace loving and wondered why violence had not broken out in the area since campaigns started.

Sylva …

Nigeria Can’t Recover $62bn From Oil Majors, Says Sylva

Nigeria Can’t Recover $62bn From Oil Majors, Says Sylva

The Minister of State for Petroleum, Mr. Timipre Sylva has said that Nigeria knows that it cannot recover $62 billion from oil majors despite ongoing cases against the companies for money the government believes it is owed.

“Nobody can bring out that kind of money,” Sylva told reporters after a weekly cabinet meeting in Abuja. “I mean, we can’t get $62 billion. We can maybe get something from them but not $62 billion. It’s an opportunity we have lost.”

The federal government has been fighting for the cash under a 1990s law that states it can revisit the Production …