Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
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The Petroleum Industry Act 2021 and Nigeria’s Governance Choice: Why a Substantive Minister of…
Professor Omowumi O. Iledare
Introduction: From Personality - Driven Control to Institutional Governance
The Petroleum Industry Act (PIA) 2021 was one of the most consequential reforms in the history of Nigeria’s petroleum sector. It!-->!-->!-->!-->!-->…
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Nigeria Needs a Substantive Petroleum Minister
By Gideon Osaka
Why Nigeria's oil and gas industry needs a full-time Minister of Petroleum Resources to unlock accountability, investor confidence and institutional reform
Nigeria's petroleum industry remains the backbone of its!-->!-->!-->!-->!-->!-->!-->…
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NNPC’s Revenue Drops To N4.34tn, May Profit Falls To N462bn
The Nigerian National Petroleum Company Limited (NNPC) recorded lower revenue and profit in May 2026 despite maintaining stable crude oil and natural gas production during the month.
According to the company’s May 2026 Operational!-->!-->!-->!-->!-->…
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FG Launches Vehicle Tax Collection Effective Today, 1st July 2026
President Bola Ahmed Tinubu
The Federal Government has commenced the nationwide collection of the Green Tax on vehicles as part of efforts to promote environmental sustainability and reduce carbon emissions.
According to reports by!-->!-->!-->!-->!-->…
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Nigeria Must Move Beyond Gas Endowment to Gas Prosperity – Iledare
...Calls for Competitive Markets, Strategic Investment and Good Governance to Unlock Nigeria's Gas Potential
Professor Emeritus of Petroleum Economics, Wumi Iledare
Nigeria's abundant natural gas resources will not automatically!-->!-->!-->!-->!-->…
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BUILDING A NATION OF OWNERS: DEMOCRATIZING WEALTH CREATION FOR SHARED PROSPERITY IN NIGERIA
By Suleyman A. Ndanusa, PhD, OON
Nigeria’s development discourse has traditionally been framed around familiar objectives of economic growth, poverty reduction, employment generation, industrialization, infrastructure development,!-->!-->!-->!-->!-->…
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Compel Fuel Price To Below N700/Litre – MMWG urges FG
The Muslim Media Watch Group of Nigeria, MMWG, has called on the Federal Government to compel petroleum marketers to reduce fuel prices, arguing there is “no basis” to keep petrol above N1,000 per litre now that global oil prices have!-->!-->!-->…
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Nigeria Leads Africa’s Push For Smarter SDG Financing
...Hosts Ethiopian Delegation
The SSA to the President on SDGs, Princess Adejoke Orelope-Adefulire, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele and the UNDP Resident Representative, Ms Elsie Attafuah at!-->!-->!-->…
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FG Strengthens Domestic Revenue Framework To Finance Development – Minister
"The financial architecture that we have built will continue to grow stronger"
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele
The Federal Government has reaffirmed its commitment to strengthening!-->!-->!-->!-->!-->…
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Jonathan, Yar’Adua Never Pressured Me On Monetary Policy As CBN Governor – Emir Sanusi
The Emir of Kano, Muhammadu Sanusi II, has revealed that former Presidents Umaru Musa Yar'Adua and Goodluck Jonathan never pressured him to take any monetary policy decisions during his tenure as Governor of the Central Bank of Nigeria!-->!-->!-->…
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