BREAKING: Protect The Poor From Impact Of Petrol Price Hike – IMF Tells FG
Amid ongoing pricing and supply crises in the downstream sector of the Nigerian oil industry, the International Monetary Fund, IMF, has tasked the Federal Government to prioritize building and accelerating a social safety net that!-->!-->!-->…
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African Energy Week 2024 to Examine LPG, Clean Cooking as Catalyst for Ending Energy Poverty
NJ Ayuk
By Patience Chat Moses
Ahead of the 2024 African Energy Week (AEW), the African Energy Chambers (AEC) will host a session on Liquified Petroleum Gas (LPG) value chains, focusing on expanding access and promoting sustainable!-->!-->!-->!-->!-->…
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Subsidy: How Nigerian Governors spent $50bn Excess Crude Savings – NESG
The Nigerian Economic Summit Group has explained how state governors spent the country’s $50 billion Excess Crude Account in 2010, which would have served as a buffer for petrol subsidy challenges.
The Chief Executive Officer of!-->!-->!-->!-->!-->…
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Petrol price hike fails to stimulate supply, as shortages bite harder
There are indications that the Federal Government is still battling to restore normalcy in the supply chain of the Premium Motor Spirit (PMS) otherwise known as petrol as long queues and black market remain visible despite!-->!-->!-->…
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Group drums support for FG’s plan to privatise refineries
The Independent Media and Policy Initiative (IMPI) has expressed support on plans by the Federal Government to engage private firms to operate Warri and Kaduna refineries when they come on stream.
Mr Niyi Akinsiju,!-->!-->!-->!-->!-->…
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Customs blame fuel smuggling on forex crisis
Nigeria Customs Service
The Nigeria Customs Service, Operation Whirlwind Taskforce Team, has blamed the foreign exchange for the rising rate of fuel smuggling in the country.
The Coordinator of the team, Husseini Ejibunnu, disclosed!-->!-->!-->!-->!-->…
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Nigeria’s Oil Money Is Finished, NNPC Failed To Remit One Kobo Into Govt Purse From Feb To…
Governor Soludo, in a viral video where he spoke in Igbo while addressing people during an event at the Dora Akunyili Women Development Centre, Awka, the Anambra State capital, said NNPC Limited did not remit even one kobo into the!-->…
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Fuel: NMDPRA seals 4 filling stations for hoarding, under- dispensing
NMDPRA official sealing an erring filling station in Uvwie Local Government Area of Delta.
The News Agency of Nigeria (NAN) reports that the regulatory body on Wednesday sealed the stations after carrying out surveilance of filling!-->!-->!-->…
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Transparency Lacking in Oil Sector, Determining Appropriate Petrol Price Difficult, Says Prof…
It will forever remain a puzzle determining the appropriate price Nigerians should pay for a litre of petrol in Nigeria, owing to the fact that almost everything regarding its operation is shrouded in darkness, an industry expert, Prof!-->!-->!-->…
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50% of commercial banks in Liberia owned by Nigerians – Vice President Koung
The Vice President of Liberia, Jeremiah Koung has revealed that out of eight licensed commercial banks in his country, four are owned by Nigerians.
The Vice President disclosed in his remarks at the opening ceremony of the 17th!-->!-->!-->!-->!-->…
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