Posts

South Africa: Stop Them! Why I Am Occupying a Shell Oil Platform Overseas/in /by
[Daily Maverick] Nonhle Mbuthuma is from Sigidi village on the Wild Coast. She is one of the Greenpeace International activists taking action against Shell as it heads for a major oil and gas field in the North Sea.
Nigeria: UN Raises Concerns Over Fuel, Naira Scarcity, Violence On Nigerian Elections/in /by
[Leadership] The United Nations (UN) System in Nigeria has expressed concerns over possible adverse effects of the lingering fuel scarcity, the difficulties imposed on Nigerians by the Naira swap policy and violence on the forthcoming 2023 general election.
Nigeria: Troops Destroy 40 Illegal Refinery Sites, 136 Storage Facilities in Niger Delta/in /by
[Vanguard] ... Arrest 53 suspected oil thieves, deny then stolen products worth N128.26m
Nigeria: Petrol Price Hike – Govt Orders NMDPRA to Sanction Filling Stations/in /by
[Daily Trust] The federal government has linked the increasing rise in the price of petrol in the country to the action of petroleum marketers who are in a hurry to make illicit profits from the hardship of Nigerians.
Nigeria: How Accurate Are Kwankwaso’s Claims About Nigeria’s Oil Production?/in /by
[Premium Times] Mr Kwankwaso, a former minister of defence, expressed concern about how crude oil theft in Nigeria is undermining production and consequently affecting the country's revenue generation.
Nigeria: Ways and Means – IMF Urges CBN to Stop Full Financing of Govt’s Fiscal Deficits/in /by
[This Day] The International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to go beyond recent increases in the policy rate to implement additional actions, including fully sterilising the apex bank's financing of fiscal deficits under its Ways and Means window as well as phasing out other credit intervention programmes.
Nigeria: Govt Blames Profiteers for Hike in Fuel Price/in /by
[This Day] The federal government yesterday formally reacted to the increase in the price of petroleum products across the country and heaped the blame on the rush by petroleum marketers to make illicit profits from the hardship of Nigerians.
Nigeria: Fuel Smuggling Won’t Stop Until Nigeria Deals With Arbitrage – Kyari/in /by
[This Day] Group Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, on Tuesday maintained that the massive smuggling of petrol outside Nigeria's shores would not stop until the government dealt with the current arbitrage situation.