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Oil and Gas

Subsidy Removal: Over 17 Niger Delta Groups Attack NLC Over Systematic Deception Of Citizens

Over 17 Niger Delta Groups, including the Niger Delta Youth Congress (NDYC), South-South Movement for Good Governance (SMG), the Urhobo Progressive Vanguard (UPV), Niger Delta Women for Change (NDWC), Cross River Youth Democratic Front (CRYDF), and 13 other groups, have…

Petrol Subsidy Removal: CNPP Says APC Worsening Masses’ Suffering, Calls for Caution

Conference Of Nigeria Parties (CNPP) has urged the Federal Government to exercise caution in implementation of the its petrol subsidy removal, saying that the policy is worsening the suffering of the masses. In a statement signed by its Deputy National…

Marketers Sell At N540 Litre In FCT, Nassarawa As NNPCL Confirms Increase In Fuel Pump Price

As marketers in the Federal Capital Territory (FCT) and Nassarawa State sell petrol at N540 litre, Nigerian National Petroleum Company Limited (NNPCL), has confirmed the full deregulation of the downstream sector of the Nigerian petroleum industry with petrol now selling…

Tinubu Meets Emefiele, Kyari Over Fuel Scarcity

President Bola Tinubu on Tuesday met with the governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele and the Group Chief Executive Officer, of the Nigeria National Petroleum Company Limited, NNPCL, Mr. Mele Kyari at the Presidential Villa,…

HURIWA To Sylva: Oil Thieves Are Within The Government

Civil rights advocacy group, Human Rights Writers Association of Nigeria, (HURIWA), on Tuesday, slammed the Minister of State for Petroleum, Timipre Sylva for blaming external oil thieves for the loss in crude oil output and the money that is supposed…

Buhari Heads 14-Man Committee In A Move To End Fuel Scarcity

A 14-man Steering Committee has been constituted to find lasting solutions to the problems surrounding the supply and distribution chain of petroleum products in the country. The committee which was set up by President Muhammadu Buhari would be chaired by…

NNPC Announces Oil Discovery In Nasarawa As Drilling Begins March

The Group Chief Executive Officer, Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has confirmed the discovery of oil in Nasarawa State. NNPC disclosed this in a series of tweets on Friday, after a visit to Kyari by the Governor…

Itsekiri Leaders Vs Buhari: Court Set To Sack Lauretta Onochie, Other NDDC Board Members

The motion for interlocutory injunction filed on December 12, 2022, by Itsekiri leaders is scheduled for hearing on Thursday, January 11, 2023, in Abuja. A Federal High Court on December 15, 2022, ordered parties in suit NO FHC/ABJ/CS/2294/2022: Chief Edward Ekpoko & 2 ORS v. The…

As Fuel Scarcity Bites, Air Fares Jump 97%, Bus Prices Rise 45% in One Year

With petrol scarcity biting hard and aviation fuel prices skyrocketing, Nigerians paid as much as 97 per cent more to fly locally, while the fare paid by citizens for bus transport increased by as much as 45 per cent between…

SDP Presidential Candidate Prince Adewole Adebayo Reveals How Nigeria’s Crude Oil Are Stolen, His Kind of Leadership

The presidential candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo has alleged that it is the same vessels that take legitimate crude oil from Nigeria that are used to steal Nigeria’s oil, insisting that by now, Nigeria would…