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Oil & Gas

NNPCL: Tinubu Still Needs Mele Kyari’s Midas Touch – Muhammad Saleh Hassan, Chairman Skymark Energy & Power Ltd

As the Federal Government, under the administration of President Bola Ahmed Tinubu, mulls sale of the NNPCL’s shares to further deregulate the nation’s oil giant and reposition it as a full blast private sector-driven entity to maximise more profits and…

CNG, Northern Stakeholders Release Position Paper On Fuel Subsidy Removal, NLC Strike, Others

The Coalition of Northern Groups (CNG) has disclosed the organisation’s position after taking stock of developments in the country since the announcement of the withdrawal of oil subsidy on May 29th by President Bola Ahmed Tinubu in his inaugural speech….

Dangote Refinery A Blessing on all Sides – AASU Counters HURIWA

The All-Africa Students’ Union (AASU) has described, for the umpteenth time – the just commissioned Dangote Refineries & Petrochemicals Complex as “a blessing on all sides” to Nigeria and Africa. This was said by the union in firm disagreement with…

What Exactly Is Wrong With Our Own Subsidies?

I’ve been racking my head for some time now to really decipher what exactly is wrong with the Nigerian subsidy on fuel that it should be removed. I have also seen people who together, we vehemently rejected and protested against…

Niger Delta Groups Carpet Independent Marketers Over Pomp Price Increment, Urge FG To Review Petrol Price

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 expressed deep…

Fuel Subsidy: Don’t Dare Nigerians — NLC Warns Tinubu, Demands Immediate Reversal Of Subsidy Removal

The Nigeria Labour Congress (NLC) Tuesday, expressed displeasure over the pronouncement by President Bola Tinubu that the subsidy is gone without consulting relevant stakeholders and putting in place adequate measures to cushion its effect on workers. NLC in a statement…

Niger Delta: Concerned Bonga Oil Spill Communities/Victims Demand $3.6bn Compensatiion

The Concerned Bonga Oil Spill lmpacted Communities and Victims of the illfated December 20, 2011 Oil Spill incident in the troubled Niger Delta region, last Thursday, issued a 14 Days Ultimatum to Shell Nigeria Exploration And Production Company (SNEPCO) with…

Gas Utilisation To Diversify Nigeria’s Energy Mix – Perm Sec

The Federal Government says the utilisation of gas can help to diversify Nigeria’s energy mix and reduce the country’s dependence on oil. It said in line with this President Muhammadu Buhari in 2021 declared 2021 to 2030 as “Nigeria’s Decade…

Oil Theft: EFCC Task Oil Chiefs to Dis-incentivize Stealing of Nigerian Crude

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, on Thursday, March 30, 2023 called major oil producing companies in Nigeria to consider the introduction of advance cargo declaration on crude export as a measure to…

New Naira Notes Racketeering: ICPC Nabs Accountant Of Oando Filling Station

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accountant of Oando Filling Station, Dutse Alhaji, Abuja over alleged racketeering of the new Naira notes. This latest arrest followed the continued onslaught by the Commission on…

$104 Bitcoin: Internet Fraudster Convicted In Makurdi

The Economic and Financial Crimes Commission (EFCC) Makurdi Zonal Command has secured the conviction of one Emmanuel Innocent Ochogwu on one-count charge of fraud. He was on February 15, 2023 arraigned before Justice James Kolawole Omotosho of the Federal High…