THE CABLE Nigeria’s oil production dropped in February to an average of 1.25 million barrels per day (bpd) from 1.39 million the previous month. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its latest crude oil and condensate…
THE GUARDIAN Prevailing economic realities, especially the rising price of crude oil at the international market, and the cost of petrol subsidy, which is threatening the 36 states could worsen the financial crisis facing the states ahead of 2023 election.…
VANGUARD NEWS Nigeria got no revenue from crude oil export in the month of October, despite an average daily oil production of 1.417 million barrels in the month of September, latest report by the Nigeria National Petroleum Corporation, NNPC, has…
VANGUARD NEWS The Senate, Trade Union Congress, TUC, and experts yesterday disagreed with the Federal Government’s plan to remove fuel subsidy next year and replace it with a N5,000 monthly transport grant to 40 million Nigerians. While the Senate said…
PUNCH NIGERIA The sabotage of oil installations and the resultant repairs of pipelines have depleted Nigeria’s income by N898.93bn this year, Okechukwu Nnodim reports Between January and September 2021, Nigeria lost N898.93bn to crude oil losses and repairs of vandalised…
PUNCH NEWS Rivers State Governor, Nyesom Wike, on Wednesday said zoning must be embraced in the country for peace to thrive. He made his position known while delivering a lecture to the participants of the Executive Intelligence Course 14 of…
PUNCH NIGERIA The 36 state governments will today (Thursday) at the Federation Account and Allocation Committee meeting review the Petroleum Industry Bill, which was signed into law on Monday by the President, Major General Muhammadu Buhari (retd.), The PUNCH has…
LEADERSHIP.NG Concerned youths from the five oil and gas producing communities of Ijaw, Itsekiri, Urhobo, Isoko and Ndokwa of Delta State, have urged President Muhammadu Buhari to compel the Delta State government to account for over N2trillion collected as 13%…