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)!-->!-->!-->!-->!-->…
Read More...
Read More...
Prof. Iledare Commends Tinubu on PDTF TCN Appointments
Prof. Wumi Iledare, Petroleum Economics Expert
By Saidu Abubakar
The recent appointment of Professor Shu’aibu Shehu Aliyu as Executive Secretary of the Petroleum Technology Development Fund (PTDF), alongside the renewal of Engr.!-->!-->!-->!-->!-->…
Read More...
Read More...
Tinubu Appoints New PTDF Executive Secretary, Renews Tenure Of TCN MD/CEO
Professor Shu’aibu Shehu Aliyu, Executive Secretary, PTDF
President Bola Ahmed Tinubu, GCFR, has appointed Professor Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). He replaces Ahmed!-->!-->!-->…
Read More...
Read More...
NCDMB leads NCCF overhaul, sets path for high-impact delivery
The Nigerian Content Development and Monitoring Board (NCDMB) has commenced a strategic reset of the Nigerian Content Consultative Forum (NCCF), a key platform for facilitating information sharing and collaboration among key industry!-->!-->!-->…
Read More...
Read More...
NCDMB Lauds ESSO On $23m New Logistics Base At LADOL
The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base, describing the project as a major!-->!-->!-->…
Read More...
Read More...
Why Foreign Reserves Can’t Secure Nigeria’s Economy
Nigeria’s foreign reserves have climbed to approximately $46–47 billion, but relying on reserve accumulation alone cannot drive the economic development Nigeria desperately needs.
While the headline figure suggests progress,!-->!-->!-->!-->!-->…
Read More...
Read More...
“Tinubu, bring back fuel subsidy” — Man cries out after buying N100k petrol
A Nigerian man has sparked reactions online after a video of him lamenting the rising cost of fuel went viral on X, formerly known as Twitter.
In the emotional clip, the man complained bitterly about how ₦100,000 worth of fuel could!-->!-->!-->!-->!-->…
Read More...
Read More...
NUPRC, SeaSeis Seal Landmark PEL5 Agreement
By Danlami Nasir Isah
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence (PEL) No. 5 agreement with SeaSeisGeophysical Limited (SeaSeis), authorising the company, in partnership!-->!-->!-->!-->!-->…
Read More...
Read More...
Power supply to rebound soon as gas pressure restores — Olowoniyi
Nigeria’s power supply is expected to improve in the coming weeks as gas pressure is restored to key infrastructure supporting electricity generation, according to industry officials.
Speaking on the development, Adebayo Olowoniyi!-->!-->!-->!-->!-->…
Read More...
Read More...
$20bn Bonga Southwest Deal Signals New Era Of Targeted Incentives – Ojulari
Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari
The Group Chief Executive Officer of NNPC Limited, Mr. Bayo Ojulari, has said Nigeria’s $20 billion Bonga Southwest Aparo deepwater project marks a decisive shift in the!-->!-->!-->…
Read More...
Read More...
Africa: Why Africa Remains Dependent On Hydrocarbons – NNPC
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has stated that Africa remains dependent on hydrocarbons for revenue and foreign exchange, making sustained upstream production non-negotiable.
Speaking!-->!-->!-->!-->!-->…
Read More...
Read More...

