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...
Category : OIL AND GAS
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...
Autogas Stalls As NNPC, Marketers Bicker Over N500b Debt, Pro Rated Fuel Cost
Despite the deregulation of the downstream sector and increase in the pump price of Premium Motor Spirit (PMS), an impending showdown, which may obstruct supply...
20 Facts About Dangote Refinery You Should Know As Seven Presidents Commissions Projects
President Muhammadu Buhari will on Monday commission the 650,000 BPD Dangote Petroleum Refinery and Petrochemicals. According to a Twitter statement by the Dangote Group, the...
Petroleum Resources Ministry Disclaims Hon.Collins Nwankwo’s Purported Appointment As Chairman, Special Taskforce On Illegal Bunkering
●Says No Such Committee Has Been Set-up By the Ministry for Such an Appointment; ●Requests Holders of Any Such Appointment Letters to Turn Them in...
Dangote Refinery For Launch May 22, To Refine 103.34m Litres Daily
•Dangote Refinery’s Completion To Make Naira Stronger With the much awaited 650,000 barrels per day Dangote Refinery scheduled for launch by President Muhammadu Buhari on...
Garland To The Reform-Minded Mele Kyari At TUC Award Night
By Erasmus Ikhide IT was a night of pomps; pageantry, glitz and glamours at the Trade Union Congress (TUC) Award Night held at the International...
Fuel Subsidy Removal: FG Begins 40% Pay Rise For Workers April Ending
Barring any last-minute change of plans, the Federal Government will begin payment of the planned increase in civil servants’ pay by the end of this...
Reps Summons Malami, Others Over Illegal Sale Of ‘Missing’ $2.4bn Crude Oil
The House of Representatives has alleged that the Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN) was in receipt of funds...
Just In: NNPCL Discovers Another Oil Well In Northern Part Of Nigeria
Nasarawa State Governor, Abdullahi Sule, has said preliminary findings by the Nigerian National Petroleum Corporation Limited has revealed that there is crude oil in Agwatashi...
2023: Atiku Vows To Invest In Oil Exploration In Northern Nigeria
The presidential candidate of Peoples Democratic Party (PDP), Alhaji Atiku Abubakar has pledged to ensure smooth exploration of petroleum resources discovered in Bauchi and Gombe...
Fuel Scarcity: NNPCL Signs $741M Deal To Rehabilitate Kaduna Refinery
The Nigerian National Petroleum Company Limited has struck a $741 million deal with Daewoo Engineering and Construction Company to rehabilitate an oil refinery in Kaduna...
Breaking: Petrol Scarcity Triggers Protest In Edo, Southwest Nigeria
Hundreds of protesters blocked roads in Benin City, the Edo State Capital, Southwest Nigeria on Monday, over the protracted fuel scarcity and hike in the...
Crude Oil Theft: Military Destroys 39 Illegal Refineries, Arrests 40 Suspects
Defence Headquarters says the troops of the Joint Task Force, Operation Delta Safe, have in the last two weeks destroyed 39 illegal oil refining sites...
Buhari Orders Finance & Petroleum Ministries, DSS, EFCC, Customs, Others To End Petrol Scarcity
The committee will be chaired by the President as the Minister of Petroleum Resources while the Minister of State for Petroleum Resources, Mr Timipre Sylva,...
Report: Nigeria Crude Oil Production Crashes By 83% Amidst Fuel Scarcity
Nigeria’s ability to produce crude oil has crashed by 83 per cent, findings have shown. Data sourced from the Organisation of the Petroleum Exporting Countries...
Jubilation As Crude Oil Flows From Borehole Drilled In Enugu Community
A borehole drilled for the people of Eziama Odume community, Awgu local government area of Enugu State has led to a revelation of a possible...