Oil & Gas - Page 20

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Nigeria’s crude oil output dropped by 33,000 barrels in September Nigeria’s crude oil production in September fell by 33,000 barrels to an average of 1.405 million barrels per day (bpd), according to

Emmanuel Ochayi

October 15, 2024

Fuel Price Hike: Nigeria’s Economic Reforms At The Cost Of The Masses’ Daily Struggles

Business·FEATURES·News·Oil & Gas

Fuel Price Hike: Economic Reforms At The Masses Expense

The surge in fuel prices in Nigeria, following the removal of fuel subsidies by the Nigerian National Petroleum Corporation Limited (NNPCL), has stirred widespread concern. With fuel prices climbing from N885 to

Emmanuel Ochayi

October 15, 2024

Chidoka Faults Nigeria's Quota System In School Admissions

Business·News·Oil & Gas

Fuel Cost: Nigerian Workers’ Income Too Low To Sustain Consumption – Chidoka

Former Minister of Aviation, Osita Chidoka, has observed that fuel prices in Nigeria may not be high when compared to global standard prices, but the problem is that the income of the

Victor Ezeja

October 15, 2024

Business·News·Oil & Gas

Petrol Smugglers Profited N17 Million per Truck Under Subsidy Regime – NNPCL

NNPCL’s Group Chief Executive Officer Reveals Major Losses from Smuggling The Nigerian National Petroleum Corporation Limited (NNPCL) has revealed that during the fuel subsidy regime, petrol smugglers were making enormous profits, with

Emmanuel Ochayi

October 14, 2024

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Business·News·Oil & Gas

NNPCL Under Fire To Remove ‘Hidden Levies’ On Dangote Fuel Prices

The Nigeria National Petroleum Company Limited (NNPCL) has been urged to remove unnecessary charges that are inflating the cost of fuel supplied by Dangote Refinery in the country. A group known as

Victor Ezeja

October 14, 2024

Business·FEATURES·News·Oil & Gas

Trekking Through Inflation: Nigerians Struggle With Rising Petrol Prices

Since the fuel subsidy removal on May 29, 2023, Nigerians have faced soaring petrol prices disrupting daily life and pushing many into financial hardship. With fuel costs climbing, inflation has surged, making

Emmanuel Ochayi

October 14, 2024

SERAP Urges Tinubu To Reverse Second Petrol Price Hike By NNPC Amid Ongoing Court Case

Business·News·Oil & Gas

SERAP Urges Tinubu To Reverse Second Petrol Price Hike By NNPC Pending Court Verdict

SERAP Challenges Petrol Price Hike in Court The Socio-Economic Rights and Accountability Project (SERAP) has expressed deep concerns over the recent increase in petrol prices by the Nigerian National Petroleum Company (NNPC)

Emmanuel Ochayi

October 14, 2024

Business·FEATURES·News·Oil & Gas

Crude Oil: Nigeria’s Blessing or Curse?

Blessed with one of the most coveted resources on the planet, crude oil, Nigeria should be swimming in wealth. However, the reality on the ground paints a different picture, where the nation’s

Emmanuel Ochayi

October 13, 2024

Dangote Refinery To Begin Crude Oil Production By End Of 2024, Seeks Local Oil Supply Solutions

Business·News·Oil & Gas

Dangote Refinery To Begin Crude Oil Production Soon

Dangote Refinery to Start Oil Production in Q4 2024 The Dangote Refinery, West Africa’s largest, is set to begin crude oil production by the fourth quarter of 2024, according to a recent

Emmanuel Ochayi

October 12, 2024

Business·News·Oil & Gas

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

Human rights lawyer, Femi Falana, has criticised the Nigerian National Petroleum Company Limited (NNPCL) for setting petroleum prices, arguing that the practice is illegal according to the law that governs the company.

Emmanuel Ochayi

October 11, 2024

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Oil & Gas - Page 20

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Fuel Price Hike: Economic Reforms At The Masses Expense

Fuel Cost: Nigerian Workers’ Income Too Low To Sustain Consumption – Chidoka

Petrol Smugglers Profited N17 Million per Truck Under Subsidy Regime – NNPCL

NNPCL Under Fire To Remove ‘Hidden Levies’ On Dangote Fuel Prices

Trekking Through Inflation: Nigerians Struggle With Rising Petrol Prices

SERAP Urges Tinubu To Reverse Second Petrol Price Hike By NNPC Pending Court Verdict

Crude Oil: Nigeria’s Blessing or Curse?

Dangote Refinery To Begin Crude Oil Production Soon

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

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