Tag: oil, Reps
Shut downs and job loss imminent as diesel prices jumps to N950 – Marketers
Our ReporterAug 15, 2023
Major Oil marketers have expressed the fear that the foreign exchange crisis in Nigeria and the recent implementation of a 7.5 per cent Value Added Tax on...
Dangote oil products to hit market July
Our ReporterMay 22, 2023
Aliko Dangote says the first product of the Dangote Petroleum Refinery and Petrochemicals “will be in the market before the end of July, beginning of August this...
Nigerian oil magnate company linked to $1.1bn theft in oil well
Our ReporterMar 15, 2023
An illegal oil bunkering facility that led to the loss of about $1.1bn from – Oil Mining License 17, has been linked to a company belonging to a billionaire...
We’ve discovered oil in Nasarawa-NNPC
Our ReporterJan 14, 2023
The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first foot of an oil...
Youth, not oil,engine of national development and growth -AbiodunÂ
Our ReporterDec 23, 2022
The Ogun State governor, Dapo Abiodun has said that Nigeria’s huge population of youth and not oil is the nation’s economic mainstay. He...
Oil in North: Buhari makes history
Our ReporterNov 23, 2022
By Aliyu U Tilde Providence Providence has always joined Bauchi and Gombe Emirates. The first was the Sokoto Caliphates when the two Emirates were founded by two...
Security beefed up as Buhari flags off oil exporation in north East
Our ReporterNov 22, 2022
Security measures have been beefed up at the Kolmani River II Oil Field located at a border community between Bauchi and Gombe States for Presidential flag-off of...
How Nigeria’s oil production deficit hits 184.1m barrels in nine months
Our ReporterNov 08, 2022
As against projected oil production of 468.8 million barrels in the first three quarters of 2022, the country was only able to drill 284.70 million barrels at the...
Angola, Libya beats Nigeria in oil production
Our ReporterOct 12, 2022
Angola and Libya have for the second consecutive month maintained their lead over Nigeria as Africa’s highest crude oil producers, according to a report by the...