[Daily Trust] Sale of crude oil to local refiners in naira has commenced, the federal government has confirmed, raising expectations of lower fuel costs from Nigerians.
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[Premium Times] This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.
[Premium Times] The NNPC had on September 3 increased the price of petrol at its pumps from from N617 per litre to between N855 and N897.
[Leadership] Efforts by President Bola Tinubu to maximise the benefits of the oil industry for Nigeria's economic growth will remain a mirage until competent managers are appointed to drive the president's vision.
[Daily News] Retail prices for petrol and diesel in Tanzania have dropped for October 2024, following a decline in global market prices.
[Premium Times] The NBS said this shows a decrease of 13.77 per cent from 23.54 billion litres imported in 2022.
[Ghanaian Times] The Western Regional House of Chiefs has expressed its disappointment about the behaviour of some operators on Ghana's oil fields for failing to deal with chiefs in the region.
[Vanguard] ...as petrol import falls 12% to 20.29bn litres
[Leadership] There is widespread uncertainty over the take-off of the Naira-for-Crude Policy, which was scheduled to begin yesterday, October 1, 2024.
[Daily Trust] Shell has appointed Ronald Adams, as the new Managing Director for its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited (SNEPCo.)
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