Entries by AllAfrica News: Petroleum

Nigeria: NMDPRA’s CEO Disowns ‘Response’ to Dangote Allegations, Clarifies Position

[Premium Times] "Thankfully, the person behind the allegations has taken it to a formal investigative institution. I believe that would provide an opportunity to dispassionately distill the issues and to clear my name," Mr Ahmed said.

Nigeria: Buhari Deferred Fuel Subsidy Removal Over Riot, Coup Fears – Book

[Leadership] Former President Muhammadu Buhari deferred the removal of fuel subsidy in the final months of his administration after security concerns were raised over the potential consequences of such a move.

Nigeria: Senate Slashes Oil Benchmark to $60, Backs N54.46trn 2026 Spending Plan

[Leadership] The Senate on Tuesday adopted far-reaching recommendations of its Committee on Finance, approving a downward review of Nigeria's crude oil benchmark to $60 per barrel for 2026 and endorsing a N54.46 trillion federal spending framework aime...

Nigeria: Dangote Seeks Arrest, Trial of Downstream Authority CEO in Petition to Anti-Graft Commission

[Leadership] The chairman of Dangote Group, Aliko Dangote, has formally submitted his petition against the managing director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, to the Independent Corrupt Prac...

Nigeria: ICPC Acknowledges Dangote’s Petition Against NMDPRA Boss, Promises to Probe

[Vanguard] The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed receipt of a petition filed by industrialist Aliko Dangote against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulato...

Nigeria: ICPC Acknowledges Dangote’s Petition Against NMDPRA Boss, Promises to Probe

[Vanguard] The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed receipt of a petition filed by industrialist Aliko Dangote against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulato...

Nigeria: MTEF/FSP – Senate Backs Lower Oil Benchmark, Approves N54.46trn 2026 Spending Plan to Steady Economy

[This Day] The Senate on Tuesday approved far-reaching recommendations of its Committee on Finance on the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), backing a lower crude oil benchmark and endorsing a N54.46 tri...

Nigeria: MTEF/FSP – Senate Backs Lower Oil Benchmark, Approves N54.46trn 2026 Spending Plan to Steady Economy

[This Day] The Senate on Tuesday approved far-reaching recommendations of its Committee on Finance on the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), backing a lower crude oil benchmark and endorsing a N54.46 tri...

Nigeria: Alleged Corruption – Dangote Drags NMDPRA CEO Farouk to ICPC

[This Day] Abuja -- The Chairman of Dangote Group, Aliko Dangote, on Tuesday dragged the Managing Director (MD) and Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, before the...

Nigeria: Alleged Corruption – Dangote Drags NMDPRA CEO Farouk to ICPC

[This Day] Abuja -- The Chairman of Dangote Group, Aliko Dangote, on Tuesday dragged the Managing Director (MD) and Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, before the...