Nigeria: Analysts React As NNPCL Gets Presidential Approval for $3bn Loan
[Leadership] The $3 billion emergency crude repayment loan taken by the Nigerian National Petroleum Company Limited (NNPCL) from the African Export-Import (Afrexim) bank would create only a temporary respite in the foreign exchange market unless fundamental issues are addressed in the county, analysts have said.
Nigeria: Subsidy Removal – Makinde Approves Additional 16 Buses to Oyo, Saki, Ogbomoso, Others
[Leadership] Oyo State governor, Seyi Makinde has approved additional 16 new luxury buses to Saki, Iseyin, Ogbomoso, Oyo and Ibarapa areas of the state to cushion the effects of fuel subsidy removal on the citizens.
Niger: Dangote Refinery Says Reports of Exclusion of Nigerian Locals Are Malicious
[Africa Check] IN SHORT: Nigeria's first privately owned refinery was commissioned in May 2023, but the company denies claims that skilled locals were excluded.
Ghana: Be Relentless in Advocacy for Prudent Management, Use of Petroleum Revenue …Deputy Minister to PIAC
[Ghanaian Times] A Deputy Minister of Finance, John Kumah, has urged the Public Interest and Accountability Committee (PIAC) to be relentless in its advocacy for prudent management and use of Ghana's petroleum revenue.
Nigeria: Subsidy Removal – No Instant Solutions to Nigeria’s Problems -Tinubu
[Vanguard] ·Launches Clark's book Brutally Frank ·Says he's iroko of South-South, eagle of Nigeria·Gowon, Jonathan, governors, others honour Clark·Clark was my confidant, voice of government --GOWON
Mozambique: Fuel to Malawi Transported By Rail From Nacala
[AIM] Maputo -- The company Nacala Logistics, which operates the northern Mozambican port of Nacala and the rail corridors from the port, has just started sending liquid fuels from Nacala to Malawi, by rail.
Sudan: Fuel Crisis Deepens Healthcare Woes in Port Sudan
[Dabanga] Port Sudan -- Port Sudan's faltering healthcare system confronted a crisis earlier this week with the death of a 36-year-old kidney failure patient, a result of a power outage due to insufficient fuel for the generator providing electricity to the dialysis centre.
Nigeria: Coup – America, France May Fuel Crisis Between Nigeria, Niger – El – Zakzaky
[Daily Trust] Leader of the Islamic Movement of Nigeria (IMN), Sheikh Ibraheem El-Zakzaky, has said America and France may trigger a crisis between Nigeria and the Republic of Niger.
Nigeria: Oil Theft Triggered $10.7m Daily Loss From 2009 to 2020 – NEITI
[Leadership] The Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday said, Nigeria lost over 619.7 million barrels of crude oil valued at $46.16 billion or N16.25 trillion from 2009 to 2020 from theft and sabotage, amounting to losing over 140,000 barrels of crude valued at $10.7 million daily.
Nigeria: Subsidy Removal – Nigerian Govt Approves N5bn for Each State, FCT
[Premium Times] The governor of Borno State, Babagana Zulum, made the announcement in Abuja on Thursday.