NNPC Ltd/Chevron JV concludes assets conversion into PIA terms, targets 165,000by Dec 2024
Omeiza Bilal In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax...
Nigeria Economy
No directive to NNPCL to increase petrol price to N1,000 – Lokpobiri
Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), has said that no directive was issued to the Nigerian National...
Our petrol to hit filling stations in petrol in 48hrs – Dangote
Aliko Dangote, the owner of the Lagos-based Dangote Refinery, has announced that petrol produced at his 650,000 barrels-per-day facility could...
Nigerians to witness tougher times amid rising cost of living
Nigerians expected to experienced increasing economic hardship as cost of living continues to rise, despite federal government’s economic reforms, according to...
NNPC Ltd says financial strain threatens fuel supply
Omeiza Bilal The Nigeria National Petroleum Company Limited (NNPC Ltd) has said the high cost of premium motor spirit supply,...
Stop arbitrary price increase or face sanctions
Omeiza Bilal The Federal Competition and Consumer Protection Commission (FCCPC), has given one month final warning to traders and other...
Tinubu calls for strengthened Nigeria, Brazil collaboration on aviation
Omeiza Bilal President Bola Tinubu on Thursday in Abuja urged the newly appointed Brazilian Ambassador to Nigeria, Carlos Jose Areias,...
Nigeria, Egypt sign defence cooperation pact
Omeiza Bilal The Government of the Federal Republic of Nigeria and Arab Republic of Egypt have signed a Memorandum of...
3% statutory fee: Host communities demand upward review
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), have urged upward review of the three per cent statutory...
REA spends N28.7bn on electrification projects in 2023- MD
Agency Report The Rural Electrification Agency (REA) has announced that it spent more than N28.7 billion out of the N31.7...
