Nigeria: Shell – Nigerian Govt Develops Divestment Framework
[Premium Times] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the framework, which consists of seven cardinal pillars, would also guide other similar investments in the country.
Nigeria: How We Are Cutting 38-Mth Timeline for Oil, Gas Contracts in Nigeria – Olu Verheijen, Tinubu’s Special Adviser,
[Vanguard] ·'In a year or two, most of what we are
Namibia: Fuel Hike On Cards As Oil Prices On Upward Trend
[New Era] The petrol price will go up by 70 cents per litre, while both grades of diesel will increase by 40 cents a litre this Thursday. This means the price at port of import will be N$23 per litre for petrol, N$22.17 per litre for diesel 50ppm and N$22.37 per litre for diesel 10ppm.
Nigeria: Tinubu At WEF, Says Subsidy Removal, Forex Reform Saved Nigeria From Bankruptcy
[This Day] President Bola Tinubu, yesterday, said last year's removal of fuel subsidy and current efforts by his administration to manage Nigeria's foreign exchange market were necessary steps that prevented the country from going into bankruptcy.
Nigeria: Fuel Subsidy Removal Necessary for Nigeria’s Economy – Tinubu
[Leadership] President Bola Ahmed Tinubu has again defended his administration's decision to remove fuel subsidy in Nigeria, describing it as a necessary action to prevent the country from going bankrupt and to reset the economy on the path to growth.
Namibia: Vivo Awards Shell Service Stations for Performance, Customer Service and Safety
[Namibia Economist] Operators and owners of Shell Service Station were recently rewarded when the local distributor, Vivo Energy Namibia awarded Omega Service Station as the best station of the year. Among the other accolades, Omuthiya Service Station received the award for health, safety, security, environment and quality, East End for Convenience and Retail under the Alliance banner and Omega Service Station under the Select banner.
Nigeria: Concerns As Fuel Queues Worsen in Abuja, Lagos, Others
[Daily Trust] From Abdullateef Aliyu and Dotun Omisakin (Lagos), Seun Adeuyi (Abuja), Ahmad Datti (Kano), Maryam Ahmadu-Suka (Kaduna) & Mumini Abdulkareem (Ilorin)
Nigeria: 11 Months After Subsidy Removal – Nigerians Still Face Fuel Scarcity, Long Queues
[Leadership] Eleven months after the federal government removed fuel subsidy and opened up the market for competition, Nigerians are still grappling with the harsh realities of fuel scarcity and long queues at petrol stations across the country.
Nigeria: Navy Arrests Over 14 Crude Oil Vessels in Four Months – Official
[Premium Times] The naval official informed Rivers State Governor Fubara that the Nigerian Navy has moved its training headquarters from Lagos to Port Harcourt.
Nigeria: FG Urges Oil & Gas Operators to Leverage Capital Market for Funding
[Vanguard] The Federal Government (FG) has urged the oil and gas operators to create ingenious ways of raising capital especially leveraging the nation's capital market to expand their investment and tackle myriads of problems facing the sector.