[Leadership] The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed that the Nigerian Oil and Gas Park Scheme (NOGaPS), in Ogbia Local Government Area of Bayelsa State, will become operational by the fourth quarter of 2026.
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[Vanguard] Nigeria lost an estimated $839.22 million in oil revenue in the first four months of 2026 after failing to meet its 1.5 million barrels per day (mbpd) crude oil production quota set by the Organisation of Petroleum Exporting Countries (OPEC), findings by Financial Vanguard have shown.
[Vanguard] The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) "over its failure to account for approximately ₦5.9 billion reportedly spent on the incorporation, transition, and rebranding of NNPC into NNPCL."
[This Day] The leader of the United Kingdom's Conservative Party, Kemi Badenoch, has said Nigeria's status as an oil-producing country has not translated into reliable electricity for its citizens.
[Leadership] The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Nigerian National Petroleum Company Limited (NNPCL) to court for allegedly failing to account for about N5.8 billion spent on the incorporation, transition and rebranding of the former Nigerian National Petroleum Corporation (NNPC) into NNPCL.
[Capital FM] Nairobi -- The Motorists Association of Kenya (MAK) has criticised the latest fuel price review, accusing the Energy and Petroleum Regulatory Authority (EPRA) of allowing politics to influence fuel prices.
[SNA] PORT SUDAN -- Member of the Transitional Sovereignty Council (TSC), Lieutenant General Engineer Ibrahim Jabir, chaired a meeting in Port Sudan on Wednesday with the Undersecretary of the Ministry of Energy, the Director of Supply, and a representative of the General Intelligence Service at the ministry, as part of government directives to ensure the availability of petroleum products for citizens and curb the depreciation of the Sudanese pound against foreign currencies.
[Vanguard] President Bola Tinubu has announced the renaming and revitalisation of the Institute of Petroleum Studies, Kaduna, in honour of the late General Shehu Musa Yar'Adua, describing him as one of the architects of modern democratic Nigeria.
[Independent (Kampala)] Kampala -- Henry Musasizi delivered his first budget speech as Minister of Finance, Planning, and Economic Development on Thursday.
[Independent (Kampala)] Kampala -- Uganda's oil journey has been defined less by extraction than by expectation -- a revolving door of ministers, shifting deadlines, and a promise of "first oil" that has survived nearly two decades of political optimism and policy delays. In 2013, Irene Muloni, then Minister for Energy and Mineral Development, was upbeat at a high-level dialogue, confidently assuring the country that oil would soon be extracted from the ground to power Uganda's growth and development.
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