Entries by AllAfrica News: Petroleum

Nigeria: Reps to Probe Petition Seeking Sack of NNPCL Executive /in /by

[Vanguard] The House of Representatives has received and approved a petition from a socio-cultural group, Ezi Umuada Igbo, calling for the removal of Sophia Mbakwe, the Executive Vice President (Business Services) of the Nigerian National Petroleum Com...

Nigeria: Project 1m Barrels Initiative Aims to Revive Abandoned Oil Wells – NUPRC /in /by

[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that Project One Million Barrels Initiative, launched in 2024, is to actively ramp up crude oil production by reactivating dormant fields, fast-tracking regulatory a...

Nigeria: Marketers Welcome Suspension of 15% Fuel Import Levy /in /by

[Daily Trust] Marketers and some stakeholders in the downstream sector of the oil and gas industry yesterday welcomed the suspension of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), also kno...

Nigeria: Mixed Reactions As Federal Govt Suspends 15% Fuel Import Tax /in /by

[Leadership] The suspension of the planned implementation of a 15 per cent ad-valorem import duty on petrol and diesel imports has generated mixed reactions across the industry and economic stakeholders.

Nigeria: The 15 Percent Fuel Import Levy /in /by

[Daily Trust] The recently introduced 15 per cent ad valorem levy on petrol and diesel imports, as approved by President Bola Tinubu, may be well-intentioned in its aim to protect local refineries and promote self-reliance in fuel production. However, ...

Nigeria: CSOs Asks FG to Suspend 15 Percent Fuel Import Tariff /in /by

[Daily Trust] The Peering Advocacy and Advancement Centre in Africa (PAACA) yesterday urged the Federal Government to delay the planned introduction of a 15 per cent import tariff on petrol and diesel.

Nigeria: Decade of Gas – FG Restates Investment in 215 Projects Exceeded $8bn in 18 Months /in /by

[This Day] The federal government has reiterated that Nigeria's 'Decade of Gas' programme spanning 2021-2030 has so far unlocked about 215 strategic upstream and midstream gas projects worth over $8 billion investments in the last 18 months, with addit...

Malawi: 2025-26 Farm Inputs Subsidy Programme – a Defining Test for the DPP Government /in /by

[Nyasa Times] The Ministry of Agriculture has rolled out the 2025/26 Farm Inputs Subsidy Programme (FISP), setting the stage for what could be one of the most critical tests of the Democratic Progressive Party (DPP) administration's commitment to food ...

Nigeria: NUPRC Pushes Alternative Dispute Resolution to End Prolonged Oil Sector Litigation /in /by

[This Day] Abuja -- In a bid to release billions of dollars in potential investments that are trapped in prolonged litigation, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said it is promoting the use of its Alternative Dispu...