Federal Gov’t Begins Review Of Revenue Allocation Formula
The Federal Government has officially commenced the process of reviewing the nation’s revenue allocation formula to meet current realities.
Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed!-->!-->!-->!-->!-->…
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FG meets two demands of Nigerian workers amid economic shutdown threat
The Nigerian government has reportedly met two key demands of the Nigerian Labour Congress amid a strike ultimatum.
The demands are the reversal of the 40 per cent deduction from the Nigeria Social Insurance Trust Fund into the!-->!-->!-->!-->!-->…
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NAPE honours Komolafe at Energy Policy Reform award
Gbenga Komolafe
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has been honoured with the Corporate Partner in Energy Policy Reform Award by the Nigerian Association of Petroleum!-->!-->!-->…
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X-raying Okonjo Iweala’s comment on President Tinubu’s economic reform
Ngozi Okonjo-Iweala, director-general of World Trade Organisation (WTO)
Recently, Dr Okonjo Iweala, a famous regional economist, two-term finance minister during President Olusegun Obasanjo’s regime and currently Director-General of the!-->!-->!-->…
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Uncertainty over crude supply stalls modular refinery investments
…FIDs on hold as investors reassess risks
Nigeria’s effort to achieve self-sufficiency in petroleum refining is facing fresh hurdles, with multiple modular refinery projects delayed.
Daily Sun’s findings reveal that more than!-->!-->!-->!-->!-->!-->!-->…
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FG Approves N13bn For Power Infrastructure Upgrade In Lagos, Ogun
The Federal Government has taken a significant step towards improving the country’s power infrastructure by approving billions of naira for various projects.
Minister of Power, Adebayo Adelabu, said out of the projects, the Federal!-->!-->!-->!-->!-->…
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Ojulari Commits To NLNG’s Growth And Sustainability Agenda
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bayo Ojulari, on Thursday, expressed support for NLNG’s growth and long-term sustainability agenda, during a visit to the NLNG!-->!-->!-->…
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Again, NNPC reduces fuel price after Dangote’s slash
NNPCLtd official logo
THE pricing competition among petroleum marketers continued this week as the Nigerian National Petroleum Company Limited (NNPC) reduced its petrol prices across its retail outlets to N865 per litre in Lagos and!-->!-->!-->…
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Project One Million Barrels Gains Momentum, Pushes Crude Production To 1.83mbp
… Licensing Reforms, Fiscal Incentives Drive Surge In Upstream Investor Interest
…37 New Evacuation Routes Significantly Curtailed crude theft
Nigeria’s crude oil production has reached 1.83 million barrels per day (mbpd) as of!-->!-->!-->!-->!-->!-->!-->…
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NCDMB, PETAN Share Local Content Insights at Namibia Conference
Officials of the Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) shared insights on Nigeria’s local content implementation and lessons for other African nations on!-->!-->!-->…
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