Petroleum

The former Emir of Kano, Muhammadu Sanusi II, yesterday identified corruption, poor leadership and wrong-headed policies as the bane of Nigeria, citing the regime of paying subsidy on petroleum products as part of the corrupt practice that may bring the country to its knees.

Muhammad Sanusi: Why NNPC, marketers inflated imported petrol figures under Buhari, Jonathan

1 hour ago

The Independent Petroleum Marketers Association of Nigeria, IPMAN has appealed to the Federal Government to stay action on the implementation of the new ex-depot price.

IPMAN allays marketers’ fears about PIA, says claims in PEF intact

4 days ago

Mohammed Abdullahi, minister for State, Federal Ministry of Science, Technology and Innovation (FMSTI) said that the Executive Order 5 will help the development of indigenous financial technology (FINTECH) services

Minister: Nigerian government set to revamp rubber industry

4 days ago

Nigeria Liquefied Petroleum Gas Association, NLPGA, has kicked against moves by the Petroleum Products Pricing Regulatory Agency, PPPRA, to impose administrative levy, despite the deregulation of the LPG sector.

Retailers: Over 50% of cooking gas users have switched to firewood, charcoal

5 days ago

A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Police arrest bandits ‘fuel suppliers’ in Katsina

1 week ago

President Muhammadu Buhari has congratulated the Prime Minister of Canada, Justin Trudeau, on his re-election after a hard fought snap election.

APC group thumbs up President Buhari on oil and gas sector reforms

1 week ago

NNPC mulls rebuilding roads under tax credit scheme

1 week ago

6. The House of Representatives yesterday, approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 (USD) and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan.

2022 budget: House members express worry over fresh loans

2 weeks ago

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says the country needs to formulate the right policies in order to unlock its huge economic potential.

NNPC boss engages PTD, NARTO, FIRS, others on plans to rebuild roads

2 weeks ago

Vice President Yemi Osinbajo has said the Federal Government spent N8.9 trillion on infrastructure in 2020.

VP Osinbajo: Defunding gas projects unhelpful to developing countries

2 weeks ago

Governor Douye Diri has expressed worry over the development, following the lifting of the ban on interstate travel.

Bayelsa governor seeks investors for OPL 240

3 weeks ago

Nigeria battles to revive ailing oil palm sector

3 weeks ago

Senator Chukwuka Utazi (PDP-Enugu) has appealed to the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to declare Enugu as an oil-producing state, due to the oil wells located in the state.

Senator Utazi urges RMAFC to designate Enugu as oil-producing state

September 26, 2021

President Muhammadu Buhari has told striking doctors and other health workers to return to their duty posts, saying embarking on industrial action when Nigerians need them the most is not the best action.

President Buhari constitutes board of two petroleum institutions, seeks amendments of industry act

September 21, 2021

Nigerian National Petroleum Corporation (NNPC)

NNPC shed light on 2020 audited report

September 19, 2021