abubakar saidu

Nigeria’s Federation Account Allocation Committee (FAAC) reported a record-breaking revenue inflow of N3.143 trillion for November 2024, marking the highest figure in recent years. According to The Nation, the sharp rise…
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The 650,000-barrel Dangote Refinery and Petrochemicals has confirmed exports of premium motor spirit (pms) to no fewer than four African countries including Cameroon, Ghana, Angola, and South Africa. Vice President of Oil and Gas,…
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*First Oil Expected in July 2025 The Nigerian independent, Oriental Energy Resources (OER) will commission the Okwok Field’s Floating Production Storage and Offloading (FPSO) vessel in Dubai, today, December 14, 2024. The…
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The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N1.727 trillion, being November 2024 Federation Accounts Revenue to the Federal, States and the Local Governments. The revenue was shared at the December…
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nnpc Not a few Nigerians have noticed the recent price war of sorts between imported fuel and locally refined variety, which has ensued with the new dispensation of increase in local refining capability by Nigeria. The war formally…
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The Central Bank of Nigeria (CBN) has said that the subsisting Supreme Court ruling granted on November 29, 2023, permits the concurrent circulation of all versions of the N1,000, N500, and N200 denominations of the Naira indefinitely.…
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A coalition of civil society (CSO) groups has given amplification to the question raised by human rights lawyer, Mr. Femi Falana (SAN), over the $2.9 billion released for the rehabilitation of three local refineries in Nigeria. The…
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The House of Representatives Committees on Finance and National Planning questions the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) over its financial practices, particularly the high personnel costs and a significant drop…
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By Saidu Abubakar The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday executed the engineering, procurement, and construction contract with Julius Berger PLC for the development of Oloibiri Museum and Research…
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Nigeria added 150,000 barrels per day to its crude production in November 2024 as it continues to pursue an ambitious 2 million barrels per day target. According to the Organisation of the Petroleum Exporting Countries (OPEC),…
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