Dangote: ‘The Buhari Govt Has Pre-Sold Our Oil To The Smaller Refineries On Loan’ – Kachikwu
Dumebi Kachikwu, a former African Democratic Congress presidential candidate, claims that Nigeria’s present oil production has been effectively mortgaged by the Buhari government’s pre-sale of crude oil to smaller refineries as a!-->!-->!-->…
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You’re plunging Nigeria’s economy into worst crisis – Afenifere to Tinubu
The pan-Yoruba socio-political group, Afenifere, says President Bola Ahmed Tinubu’s administration is plunging Nigeria into an economic crisis that is worse than the Great Depression of 1929.The group stressed that Nigeria’s!-->!-->!-->!-->!-->…
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Petrol Scarcity Lingers Despite NNPC’s Assurances of Increased Output, Supply
Fuel queues linger in Abuja, the Federal Capital Territory of Nigeria as residents search for petrol to power their businesses.BusinessDay’s visit to some filling stations showed that the price of PMS ranges from N617 to N980 per!-->!-->!-->!-->!-->…
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NCDMB, NLNG Commission Galvanizing Plant for Train 7 Project, Reaffirm Commitment to Nigerian…
LR: General Manager, External Relations and Sustainable Development, Nigeria LNG Limited, Mr. Andy Odeh; Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe; General Manager,!-->…
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NNPC Yet To Meter Pipelines 1 Month After Presidential Directive – DHQ
The Defense Headquarters (DHQ) has said despite presidential directive, the Nigerian National Petroleum Company Limited (NNPC) is yet to meter pipelines one month after.The Day, Defence Media Operations, Major General Edward Buba!-->!-->!-->!-->!-->…
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REVEALED: Tinubu’s Economic Council member behind petrol imports from Malta, Russia
Aliu
Nigeria was awash with news recently about the quantum leap in the quantity of fuel imports from Malta after revelations by Aliko Dangote, chairman of Dangote Petroleum Refinery.In 2023, Nigeria’s petroleum importation from!-->!-->!-->!-->!-->…
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NMDPRA Bans Sale Of Fuel In Jerrycans, Threatens Withdrawal Of Defaulters License
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has directed gas stations across the country to halt selling of petrol, in jerrycans.INFORMATION NIGERIA reports that NMDPRA’s directive is coming, amid ongoing!-->!-->!-->!-->!-->…
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NASS allocation of N344.85bn could fund over 27 federal universities’ budgets
Godswill Akpabio, Senate President
While millions of Nigerians battling economic hardships, their 469-member National Assembly indulged in a staggering N344.85 billion spending spree for 2024.Data obtained by BusinessDay showed!-->!-->!-->!-->!-->!-->!-->…
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Retirees die of hunger three decades after serving Nigeria
…FG owes N250bn pensions as at May 2024Yomi Gbadamosi regrets spending his whole adult life working in the federal civil service and retiring after 30 years. He feels he wasted his life for Nigeria. After retiring from service, he!-->!-->!-->!-->!-->…
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How Kyari rescued Nigeria, increased oil production by 60,000bpd
Despite the harsh criticisms of the Nigerian National Petroleum Company Limited (NNPC), the national oil company under Mele Kyari as Group CEO, has in recent times worked very hard to improve Nigeria’s daily crude production by as much!-->!-->!-->…
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