Nigerian Federation Owes NNPC N4.207trn, Says Spokesman
The Federation owes the Nigerian National Petroleum Company Limited, NNPC Ltd, N4.207 trillion resulting from months of unpaid petrol subsidies, the company’s Spokesman, Mr. Olufemi...
Category : OIL AND GAS
Remove Abia, Imo, Others From NDDC – Edwin Clark Tells Tinubu
Chief Edwin Clark, the Leader of Pan Niger Delta Forum (PANDEF) has called on President Bola Tinubu to remove Abia, Imo, and Ondo states from...
Dangote Refinery Fails To Meet August Production Deadline Of 650,000 Barrels Per Day
The 650,000 barrels per day Dangote Refinery is yet to begin production after the August commencement date, earlier announced by the President, Dangote Group, Aliko...
Relief For The Naira: NNPC Ltd Secures $3billion Emergency Crude Repayment Afrexim Bank Loan To Stabilise FX Rates
The loan is also expected to help stabilise the foreign exchange market, enable authorities to meet forex demand, and improve the value of the Nigerian...
Ministry Of Petroleum Resources Unveils New Staff Buses For Enhanced Mobility
In a bid to facilitate convenient staff commuting and official engagements, the Ministry of Petroleum Resources has inaugurated two state-of-the-art 32-seater Coaster buses. The commissioning...
Petroleum Ministry Celebrates Year 2022 Retirees.
•••Aduda Makes Case for Strengthening of Indigenous Capacities in the Oil Industry As part of efforts aimed at boosting the morale of workers, both...
Navy Boat Escorting Vessel With Stolen Crude Intercepted In Delta
Operatives of a private firm, Tanita Security Services on Wednesday intercepted a Nigerian Navy boat escorting a vessel loaded with crude oil suspected to be...
Just In: NNPCL Increases Fuel Price To N617 Per Litre
A visit to a Nigerian National Petroleum Company Limited (NNPCL) mega filling station in the Central area of Abuja on Tuesday confirmed that the fuel...
Revealed: How Vessel Stealing Nigerian Crude For 10 Years Was Nabbed
⁹The surveillance company, TANTITA Security Services Limited, owned by former militant leader Government Ekpemupolo, also known as Tompolo, has apprehended another significant vessel suspected of...
Fuel Subsidy Removal: Gov Zulum Releases 80 Vehicles For Farmers
Governor Babagana Zulum of Borno on Tuesday released 80 vehicles to ease the high cost of transportation for farmers caused by the withdrawal of subsidy....
Time For Military To Vacate Pipe Lines Protection, For NSCDC To Assume Its Constitutional Role – Erasmus Ikhide
ONE of the Niger Delta former Governors, in a chat told me late last year, how he accused the nation’s current Service Chiefs at a...
OPEC AT 63: Amb. Aduda Congratulates Global Oil Giant On New Milestone, Prays For Greater Prosperity, Success
Permanent Secretary in the Ministry of Petroleum Resources,Amb.Gabriel Tanimu Aduda has congratulated the Organisation of the Petroleum Exporting Countries (OPEC) on what he called “the...
Nigerian Govt Presents Crude Export License To Jack-Rich’s Belema Sweet Export
he Federal Government of Nigeria on Tuesday in Abuja, presented a licence to Jack-Rich for the establishment of Belema Sweet Export Terminal, the first of...
Navigating The Complexity Of Fuel Subsidy Removal In Nigeria – NESG
Before the subsidy is removed, the government must analyse its impact on businesses and households. There is a need to clarify who will be the...
Subsidy Removal: NNPCL To Cut Fuel Import From August
The Nigerian National Petroleum Company has confirmed that once the Dangote Refinery starts pumping out refined petroleum products from late July or early August, the...
Full List: ‘Identity’ Of Those Reaping The Gain Of Fuel Subsidy Revealed
The sudden increase in the price of petrol in Benin, Togo and other countries within the Nigerian borders, following the removal of subsidy by the...
How I Would Have Removed Fuel Subsidy – Peter Obi Breaks Silence
The former Anambra State governor maintained that subsidy should be removed because it is an “organised crime” but not without “relieving policies” in place. One...
Subsidy Removal: Detail Of 7 Agreements Reached Between The NLC, TUC And FG
ØThe Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Monday suspended their planned strike action over the fuel subsidy removal by the...
Subsidy Removal: NNPC To Discontinue Crude Swap, Targets Cash Payments For Petrol Imports
With the removal of subsidy on petrol in the country, the Nigerian National Petroleum Company Limited (NNPC) is set to discontinue crude oil swap in...
Subsidy Removal: Election Tribunals To Stop As Judiciary Announce Industrial Action
JUSUN, with over 120,000 members, is the latest union from a critical sector to join the budding industrial action led by the NLC. Election petition...