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Headlines, Oil Politics
Tuesday, May 23rd, 2023
President Muhammadu Buhari inaugurates the Dangote Petroleum Refinery and Petrochemicals in Lagos State on Monday, May 22, 2023. (Photo: State House) By Oluwatobi Aworinde Thanks to Dangote Petroleum Refinery and Petrochemical, expectations are sky-high that the oil-rich nation is on the verge of ending its incessant bouts of petrol scarcity and price hikes, as well […]
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Africa & World Politics, Headlines, Oil Politics
Sunday, July 24th, 2022
By Maureen Okon The European Union (EU) Delegation to Nigeria and ECOWAS said that it would replace the gas from Russia with Nigerian Gas due to the invasion in Ukraine. Mr Matthew Baldwin, the Deputy Director-General Department for (Energy), European Commission in Brussels, said this at a news conference on Friday in Abuja. Baldwin will […]
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Africa & World Politics, Headlines, Oil Politics
Thursday, May 5th, 2022
By Kingsley Jeremiah, Abuja • India may dump country for discounted Russian crude Nigeria may face fresh hurdles as the geo-political tension in Europe, yesterday, escalated with moves to officially ban Russian crude oil. The European Commission proposed a full ban on Russian crude oil following the continued attack on Ukraine. The proposed ban, which […]
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Headlines, Lagos, Oil Politics, State News
Wednesday, March 30th, 2022
One hoodlum was killed while 19 others escaped when they attacked the Dangote Refinery located in the Lekki Free Trade Zone area of Lagos State. The Lagos State Police Command made this known in a statement on Tuesday. According to Command’s Public Relations Officer, Benjamin Hundeyin, the attack occurred on Monday and police operatives […]
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Headlines, Oil Politics
Friday, January 28th, 2022
From Sola Ojo, Kaduna Erstwhile Secretary of the foremost northern sociocultural group Arewa Consultative Forum (ACF) Anthony N Z Sani on Tuesday disagreed with President Muhammadu Buhari’s back down on earlier planned removal of subsidy on premium motor spirit popularly known as petrol. To him, Nigerians would understand the need for such touch but necessary decision […]
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Economy, Headlines, Oil Politics
Monday, January 17th, 2022
NNPC targets highest capitalisation in Africa, to shed toxic liabilities By Adewale Sanyaolu The Nigerian National Petroleum Company (NNPC) Limited, has unveiled plans to shed some of its toxic liabilities under a new legislation – the Petroleum Industry Act(PIA). This was even as it said it will be the largest and most capitalised company in the whole […]
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Headlines, Imo, Oil Politics, Rivers, State News
Tuesday, November 2nd, 2021
From Tony John, Port Harcourt The Supreme Court order of injunction restraining the Federal Government and its agencies from ceding oil wells in Akri and Mgbede, Rivers State to Imo State, still subsists, the court ruled on Monday. At the resumed hearing of Suit No. SC.1037/2020 filed by Attorney General of Rivers State (plaintiff) vs Attorney […]
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Governors, Headlines, Judiciary, Oil Politics, Rivers, State News
Tuesday, November 2nd, 2021
From Godwin Tsa, Abuja Proceedings in the ongoing suit instituted by Rivers State against Imo State over ownership of 17 oil wells were witnessed by Governor Nyesom Wike, who arrived at the Supreme Court complex on Monday for the hearing of the case. The Court ordered the Federal Government to, within 15 days, file its […]
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Latest Politics, Oil Politics
Monday, September 6th, 2021
I don’t have N9.7bn in my account, Ex-Petroleum Minister, Kachikwu tells Malami By Ikechukwu Nnochiri, Abuja Former Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has denied allegation that he had while in office, received the sum of N9.7billion in his personal account. Kachikwu, in a petition he wrote to the Attorney-General of the […]
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Economy, Headlines, Oil Politics
Wednesday, July 21st, 2021
By Kingsley Jeremiah, Abuja The decision by the Organisation of Oil Exporting Countries (OPEC) to pump 400,000 barrels per day of crude oil into the market on a monthly basis from August, yesterday pushed oil price to a record low of $69 per barrel, but Nigeria’s sweet crude, Bonny Light remains bullish at $75.23. With gradual […]
