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Oil and Gas

Dr. Akindele Akintoye: President Tinubu’s Administration Faces First Major Test Over Duport Refinery Saga

The administration of President Bola Tinubu is facing its first major test over the Duport Refinery saga as the All-Africa Students’ Union (AASU) has accused some business opportunists led by Kola Abiola of persecuting Dr. Akindele Akintoye, the owner of…

N2.7trn Subsidy Scam: CNPP Hails Tinubu Government’s Decision to Audit NNPC

The Conference of Nigeria Political Parties (CNPP) has commended the Federal Government for its decision to engage an external auditor to verify the Nigerian National Petroleum Company Limited’s (NNPC Limited) petrol subsidy claim. In a statement signed by its Deputy…

NNPC Limited’s N2.7tn Subsidy Claim Under Scrutiny: External Auditor to Verify Legitimacy

The Federal Government has initiated plans to engage an external auditor to verify the Nigerian National Petroleum Company Limited’s (NNPC) N2.7 trillion fuel subsidy claim. This move aims to determine the actual amount owed by the government, following a previous…

National Gas Expansion Programme Appoints Hon Moses Nomeh as Chairman to Boost Grassroots Development

In a significant move to accelerate grassroots development and capacity building, the National Gas Expansion Programme (NGEP) has inaugurated Hon Moses Nomeh, Deputy National President of the Association of Local Governments of Nigeria (ALGON), as its Chairman. This strategic appointment…

CNPP Tackles NNPC Limited over N4.56 Trillion Subsidy Reimbursement Scandal, Insists on Kyari’s Suspension, Probe

A bombshell has rocked Nigeria’s oil industry as the Nigerian National Petroleum Company Limited (NNPC Limited) demands N4.56 trillion from the Federal Account Allocation Committee (FAAC) for subsidizing petrol between August 2023 and June 2024. This shocking revelation has sparked…

CNPP Wants Tinubu To Probe Subsidy Scam, Bad Petrol Imports, and Refinery Mismanagement

The Conference of Nigeria Political Parties (CNPP) has expressed outrage over the recent controversies surrounding the Nigerian National Petroleum Company Limited (NNPC Limited), including allegations of subsidy scams, importation of substandard petroleum products, and mismanagement of the Port Harcourt Refinery….

Group Challenges NNPC Limited’s Oil Theft Claims in Niger Delta, Sends Strong Message to President Tinubu

The Movement for Sustainable Development of the Niger Delta (MSDND) has voiced concerns over the Nigerian National Petroleum Company Limited (NNPC Limited) and its managing director, Mr. Mele Kyari’s allegations of rampant oil theft in the Niger Delta, sending strong…

NNPCL Declares “War” on Crude Oil Production

The Nigerian National Petroleum Company Limited (NNPCL) has declared that a state of emergency has been announced regarding crude oil production in Nigeria. The company declared war against all factors militating against crude oil production in Nigeria. Mele Kyari, Group…

Nigerians React As Dangote Refinery Contains Minor Fire

The Dangote Refinery has contained a minor fire at its effluent treatment plant, the Nigeria’s privately owned company said. According to a post on its social media platforms, Dangote Industries Limited said, “We have swiftly contained a minor fire incident…

Revealed! Tinubu’s Government To N5.4trn Oil Subsidy in 2024

Despite several denials, President Bola Ahmed Tinubu government has concluded plans to spend up to N5.4 trillion on oil subsidies in 2024. This comes after months of repeated denials by government officials who insisted there were no subsidies. The revelation…