Valuechain - Nigeria's foremost Online Energy News Platform

The Senate Tuesday through its committee on Public Accounts , rejected records of volume of Petroleum importation presented to it by Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for 2022 and 2023 on account…
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ObasanjoFormer President Olusegun Obasanjo has criticised President Bola Tinubu’s economic reforms, arguing that the sharp devaluation of the naira has impoverished Nigerians and contributed to the country’s position as the world’s…
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According to a report by DAILY POST on Wednesday 21 October 2026, the landing cost of imported petrol in Nigeria has decreased to ₦1,283.81 per litre, even as depot prices and pump prices remain relatively high across the country.…
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Africa’s richest man, Aliko Dangote, has acquired a 25 per cent stake in Kenya Pipeline Company (KPC) for approximately $327.4 million as he expands his energy investments across the continent.According to reports by Reuters,…
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The federal ministry of finance says Nigeria’s $12.4 billion negative balance of payments residual in the first half of 2026 does not mean money is missing or oil earnings have been withheld.In a statement issued on Tuesday and…
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Taiwo Oyedele, Nigeria’s Minister of Finance and Coordinating Minister of the Economy has dismissed political promises of returning fuel subsidies.Oyedele disclosed this at the opening ceremony of the 56th Annual Conference of the…
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*Regulator targets 250,000bpd from new awards in five years, threatens to reclaim idle blocks EyesanThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set an 18-month target for the holders of 22 petroleum prospecting…
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meters Two years after the Federal Accounts Allocation Committee (FAAC) disbursed funds for the N700bn Presidential Metering Initiative (PMI), the government has said it would begin distribution in 2027.Daily Trust reports that the…
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If you are in Nigeria, you know what it means and where it pinches to pay house rent yearly. You hustle every month, only to hand over your money to a landlord at the end of the year, and still maintain the property on top of it like…
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Prof. Emeritus Wumi Iledare (PEWI) By Saidu AbubakarAlthough Prof. Emeritus Wumi Iledare (PEWI) remains convinced that the old petroleum subsidy regime presented serious fiscal and governance problems, acknowledging those problems…
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