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The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has declared that the country is firmly on course to ramp up crude oil output to 2.5 million barrels per day by 2026, following its strategy to…
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The three tiers of Nigerian government, federal, state, and local government councils, have shared the total of N2.001 trillion, being the July 2025 Federation Account Revenue.The revenue was shared at the August 2025 Federation…
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Dangote depot owners slash petrol and diesel prices Nigeria’s petroleum market has entered another wave of price cuts as Dangote Petroleum Refinery and private depot operators slash petrol and diesel prices across key supply hub.…
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The price of petrol has gone up in the latest figures (Image: Getty) Anyone who drives a petrol car is being stung by rising fuel prices at the pumps, according to the latest inflation figures released on Thursday.The Office for…
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The frequent amendments to the key Petroleum Industrial Act could hamper investment in the nation’s oil and gas sector, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned.President of PENGASSAN,…
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Corruption has been identified as the main factor militating against the rehabilitation and operation of Port Harcourt Refinery.The secretary of Alesa Stakeholders’ Forum, Comrade Timothy Mbere, made this known in an interview with…
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Bashir Bayo Ojulari, GCEO, NNPCLIn just four months as Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bayo Ojulari has initiated wide-reaching changes aimed at stabilising the…
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NNPC Limited has launched a new business model aimed at boosting value creation, efficiency, and competitiveness in Nigeria’s oil and gas sector.The announcement was made by the Group CEO, Bashir Bayo Ojulari, during the PENGASSAN…
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Ahmed Galadima AminuThe Executive Secretary of the Petroleum Technology Development Fund (PTDF), Ahmed Galadima Aminu has called for stronger collaboration among government, industry, academia, and labour unions to prepare Nigeria’s…
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Former lawmaker Dr. Usman Bugaje has expressed distrust in World Trade Organization Director-General Dr. Ngozi Okonjo-Iweala's economic assessments of Nigeria, characterizing her as aligned with Western financial institutions.…
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