Entries by AllAfrica News: Petroleum

Nigeria: Subsidy Removal – Stabilise Economy Before New Minimum Wage, NECA Tells Govt /in /by

[Vanguard] The Nigeria Employers' Consultative Association, NECA, has given the Federal Government a hint on how to make the planned new minimum wage meaningful.

Nigeria: Tinubu’s Advisory Council Recommends Selling of Refineries, Other Assets /in /by

[Daily Trust] Following the removal of subsidy on petrol and the harmonisation of the exchange rate, the federal government will continue to announce bold economic reform initiatives in its push to fast-track the recovery of the Nigerian economy and ac...

Nigeria: Military, Asari Dokubo On Warpath Over Allegations of Oil Theft /in /by

[Leadership] It appeared yesterday that the Nigerian military may be lurching towards an angry showdown with former Niger Delta militant leader, Asari Dokubo, over his allegations that 99 percent of oil theft and bunkering in the Niger Delta region are...

Liberia: Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea Sign MOUs On Nigeria-Morocco Gas Pipeline /in /by

[FrontPageAfrica] Abuja -- June 16, 2023 Today, another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS) as four significant Memoranda of Understanding related to the Nigeria Morocco Gas Pip...

Nigeria: Edo Modular Refineries Hit 300,000 Barrels Crude Order /in /by

[Vanguard] Benin -- DUPORT Midstream Company Limited, DMCL, which operates the 2,500 barrels per day (bpd) modular refinery in Egbokor, Orhionmwon Local Government Area of Edo State, has placed an order for 100,000 barrels of crude (bbls) from Oza Oil ...

Nigeria: We’re No Longer Sole Supplier of Petrol – NNPCL /in /by

[Premium Times] President Bola Tinubu had, in his inaugural address on 29 May, announced the removal of fuel subsidy.

Nigeria: Oil Marketers Demand Full Payment for Outstanding Petrol Equalisation Arrears /in /by

[This Day] Petrol marketers, under the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), have demanded full payment of arrears owed by the federal government under the now defunct Petroleum Equalisation Fund (PEF) arrangement.

Nigeria: Will Dangote’s Refinery Turn Nigeria’s Expensive Oil Habit Into a Blessing? /in /by

[African Arguments] The opening of the Refinery is the biggest good news story in decades. Is there reason to be nervous about another Dangote monopoly?

Nigeria: Subsidy Removal – Petroleum Marketers to Begin Fuel Importation in July – NMDPRA /in /by

[Premium Times] The NMDPRA boss did not reveal the identity of the three marketers expected to begin importing petrol into the country.

Nigeria: Subsidy Removal – NLC Proposes Wage Award – Chris Ajaero /in /by

[Premium Times] Mr Ajaero said the proposal was part of the agreement reached with the government during the negotiation on the removal of fuel subsidy.