CATEGORY
Energy
Fuel Subsidy Removal: Electricity Workers To Shut Down Power Grid
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The National Union of Electricity Employees (NUEE) has issued a directive for its members to withdraw their services in response to the abrupt removal...
Be Patient With Tinubu Over Fuel Subsidy Removal, APC Chieftain Tells Nigerians
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By Abdulwaheed Olayinka Adubi, Kaduna.
Chieftain of the All Progressives Congress (APC), Kailani Muhammad has called on Nigerians to be more patient with President Bola...
Oil Surges After Saudis Make Additional 1 Million Bpd Voluntary Production Cut
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OPEC+ members in Vienna have agreed to extend crude production cuts into 2024. In a statement, the cartel said that it was acting “ to achieve...
Nigeria Spent N22.88 Trillion on Fuel Subsidy in 18 years
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According to the Nigeria Extractive Industries Transparency Initiative (NEITI), the country spent N22.88 trillion on fuel subsidies in 18 years.
The above is contained in...
Tinubu Signals End Of Petrol Subsidy
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President Bola Ahmed Tinubu has announced that the regime of fuel subsidy is gone. Tinubu made the pronouncement during his inauguration speech at the...
Seplat’s Investors Set for Jump in Returns as Debt Ratio Shrinks
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Seplat Energy Plc is not susceptible to default risk and its ability to effectively manage debt indicates the downstream oil and gas firm will...
Edo Refineries Lauded for Innovative Supply Model to Boost Africa’s Crude Refining Output
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In the wake of Nigeria’s hydrocarbon industry bottlenecks, two modular refineries in Edo State devised innovative supply channels to break ground and boost productivity,...
Dangote Pays Back 70% of Loans Used to Construct Refinery
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The Dangote Group has paid back about 70% of the loans it took to construct its mega 650,000 bpd Refinery in Lagos.
This was disclosed...
Buhari Inaugurates Dangote Petroleum Refinery, Petrochemical Plant
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…Emefiele Says Refinery Epitomizes Nigerian Can-Do Spirit.
…Dangote hails Emefiele’s Courage, Support.
A week to the end of his eight-year tenure, President Muhammadu Buhari, on Monday,...
Buhari, Five African Presidents to Commission Dangote Petroleum Refinery on Monday
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In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will Monday commission Dangote Petroleum Refinery &...