NLNG, NMDPRA partner on domestic gas supply
The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Engr. Farouk Ahmed, said the Authority was ready…
Subsidy: NNPC may deduct over N1tn from FAAC in six months
The Nigerian National Petroleum Company Limited (NNPC) may deduct over N1tn in the next six months from the Federation Accounts…
FG seeks 18 months extension for PIA implementation
The Federal Government says it will propose 18 months extension to the National Assembly for the implementation of the Petroleum…
Autogas: FG to convert 200,000 vehicles, plans 580 refueling centre
The Federal Government on Monday met with oil marketers in the downstream sector to perfect plans for the full deployment…
BREAKING: FG Proposes Extension Of Fuel Subsidy Removal By 18 Months
The Federal Government on Tuesday proposed the extension of fuel subsidy removal for 18 months and is planning to seek…
Nigeria lost N74.51bn oil revenue in December, says OPEC
A new monthly report of the Organization of the Petroleum Exporting Countries has shown a plunge in Nigeria’s crude oil…
Fuel price hike will push more Nigerians into poverty – Abdulsalami
General Abdulsalami Abubakar, former Head of State, says an increase in the price of petrol will push more Nigerians into…
Fuel subsidy: Nigerian governors to dialogue with labour to avert strike
The Nigerian Governors’ Forum (NGF) has resolved to engage organised labour unions on the removal of fuel subsidy in the…
I’ll consult to confirm if the President didn’t authorize fuel subsidy removal – Lai Mohammed
The Minister of Information and Culture, Lai Mohammed, has promised to consult with relevant departments and ministries for clarity on…
Nigeria’s daily oil production falls below 1.2 million barrels
Crude oil production in Nigeria fell below 1.2 million barrels per day in December 2021 from 1.28 million bpd in…