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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 […]
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General Politics, Latest Politics, National Politics, Niger Delta, Oil Politics, Top Stories
Tuesday, June 29th, 2021
President Muhammadu Buhari The Presidency has frowned at threats by a group, Niger Delta Avengers, to bomb nation’s oil installations unless their demands including restructuring of the federation were met by the Federal Government within 90 days. Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, condemned the threats in a […]
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Headlines, Kebbi, Oil Politics, State News
Saturday, April 10th, 2021
The Kebbi State Government and Nigerian National Petroleum Corporation (NNPC) are to continue to strengthened collaboration on production of biofuel and renewable energy. Mr Yahaya Sarki, Adviser to Gov. Atiku Bagudu of Kebbi on Media, made this known in a statement made available to Newsmen in Birnin Kebbi on Friday. Sarki said the decision was […]
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Headlines, Oil Politics, Rivers
Friday, April 9th, 2021
The Number one bestselling author and former aide to ex-president Goodluck Jonathan, Pastor Reno Omokri, has lampooned the president Muhammadu Buhari-led government of Nigeria for proposing to use what he described as a whopping sum of $1.5b to renovate “a loss-making Port Harcourt refinery,” when Oil giant, Shell Plc sold her 175,000bpd “profit-making refinery for […]
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Articles, Columnists, NNP Columnists, Oil Politics, Phil Osagie
Wednesday, March 3rd, 2021
Dr. Phil Osagie | Toronto | March 3, 2021 – If you bought just one barrel of oil on April 21 last year, your returns would have now increased by over 60 times. Or if you had traded $1000 in WTI crude oil, you would be worth over $60,000 today. Imagine if in April last […]
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Headlines, Oil Politics
Sunday, February 28th, 2021
Following long fuel queues that have resurfaced in the Federal Capital Territory (FCT) and other states across the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Sunday, said Nigerians were being apprehensive over a likely increase in pump price. This is coming on the heels of increasing queues in filling stations within Abuja, […]
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Headlines, Oil Politics
Saturday, January 30th, 2021
Agency Report A Dutch appeal court in The Hague has ruled that the Nigerian branch of Shell has to pay compensation to some Nigerian farmers who have been litigating against the company for 13 years. The court reached the decision today. The amount of compensation must be determined later, a Dutch newspaper reported. According to the ruling, […]
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Latest Politics, Oil Politics
Monday, December 7th, 2020
Stories by Adewale Sanyaolu The Organisation of Petroleum Exporting Countries (OPEC) after tense discussions at the weekend agreed to increase oil production by 500,000 per day effective January 2021. The meeting which is the 12th OPEC and non-OPEC Ministerial Meeting (ONOMM) was held via videoconference The deal to increase oil production is coming days after President Muhamadu […]
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All Peoples' Congress (APC), Oil Politics, Party Politics, Peoples' Democratic Party (PDP)
Sunday, October 4th, 2020
By Omeiza Ajayi – Abuja The ruling All Progressives Congress (APC) has accused the Peoples Democratic Party PDP of scamming Nigerians through its fuel subsidy regime when it held sway as the nation’s ruling party. APC in a statement by its Deputy National Publicity Secretary, Mr. Yekini Nabena also tackled the PDP spokesman, Mr. Kola […]
