Posts

Nigeria: Tinubu Reiterates Fuel Subsidy Removal Was to Free Up Resources for Critical Investments/in /by
[This Day] President Bola Tinubu yesterday, reiterated that though painful in the short term, the removal of fuel subsidy was designed to free up budgetary resources for critical investments in infrastructure and social services.
Nigeria: Petrol Price Hike Fails to Stimulate Supply, Shortages Bite Harder/in /by
[Vanguard] There are indications that the Federal Government is still battling to restore normalcy in the supply chain of the Premium Motor Spirit (PMS) otherwise known as petrol as long queues and black market remain visible despite last week's upward price adjustment.
Nigeria: Governor Expresses Shock Over Demise of Journalist/in /by
[Premium Times] The governor said the news of the journalist's "unexpected passing is not only hurting but devastating."
Nigeria: Dangote Refinery Begins Polypropylene Production in October, Curbing Nigeria’s $268m Import/in /by
[Leadership] The Dangote Refinery is set to begin polypropylene production by the end of October 2024, effectively curbing Nigeria's imports of the product which is a crucial raw material in various industries, including packaging, textiles, and automotive parts.
Nigeria: Nigeria’s Oil Output Nears 1.7m BPD 2024 Budget Benchmark/in /by
[Vanguard] There were indications that Nigeria has gotten close to meeting its 1.7 million barrels per day, bpd, 2024 budget target, yesterday, as oil output rose month-on-month, MoM, to 1.4 million barrels per day, bpd, excluding condensate, in August 2024, from 1.3 million bpd in July 2024, indicating an increase of 3.4 per cent.
Nigeria: Petrol Price Hike – Nigerians At Breaking Point, NLC, Atiku Warn/in /by
[Vanguard] Lagos -- The Nigeria Labour Congress, NLC, and former Vice President, Abubakar Atiku, weekend, warned that the increase in petrol price by the federal government has put most Nigerians at a breaking point.
Nigeria: NSCDC Arrests 7 Robbers During Fuel Hike Protest in Kwara/in /by
[Daily Trust] The Nigeria Security and Civil Defense Corps (NSCDC), Kwara State, arrested seven suspected hoodlums during last Thursday's fuel hike protest by commercial vehicle operators in Ilorin.
Mauritius: Seychelles and Mauritius Agree to Petroleum Exploration in JMA of Mascarene Plateau/in /by
[Seychelles News Agency] Seychelles and Mauritius have agreed to have petroleum exploration within the Joint Management Area (JMA) of the Mascarene Plateau at a recent meeting of the Technical Committee of the Joint Commission of the extended continental shelf.
Kenya: EPRA Eyes Tracking Devices On LPG Cylinders to Combat Theft/in /by
[Capital FM] Nairobi -- The Energy and Petroleum Regulatory Authority (EPRA) plans to introduce tracking devises on LPG cylinders to combat theft.
South Sudan: South Sudan, China Mull Alternative Oil Pipeline to Boost Exports/in /by
[Daba Finance] TLDR