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Ghana: Upstream Petroleum Sector – Deputy Speaker Slams Low Local Input …After 10 Years of Local Content Law Passage
[Ghanaian Times] The First Deputy Speaker of Parliament, Joseph Osei-Owusu, has charged the Petroleum Commission (PC) to ensure that many Ghanaians are trained to actively participate in Ghana's upstream petroleum sector.
Nigeria: Oil Theft – 149 Incidents Recorded Across Niger Delta in One Week – NNPCL
[Premium Times] "In some areas of the Niger Delta, it's become a warfare of sorts," the NNPCL said.
Nigeria: Senate Investigates N11.35trn Spent On Moribund Refineries
[Leadership] The Senate has commenced investigation of all the contracts awarded for the rehabilitation of Worri, Port Harcourt and Kaduna refineries where N11.35 trillion was spent in 13 years.
Nigeria: Nigerian Govt Seeks Home-Grown Solutions to Address Petroleum Industry Challenges
[Premium Times] "My expectation is for us to come up with our home-grown solution to address our problem in the petroleum industry," an official said.
Nigeria: Senate Probes N11.35 Trn Spent On Rehabilitation of Refineries
[Premium Times] The Senate noted that despite the moribund state of the nation's four refineries, their operating costs between 2010 and 2020 were estimated at N4.8 trillion Naira.
Nigeria: Tanker Accidents Must Be Checked
[Daily Trust] On the night of October 13, 2023, an accident occurred on the Iganmu Bridge in Lagos. It was not the first time an accident would be occurring on that very spot, but the most recent one is significant, albeit for the reason that made it a tragedy. In this particular accident, where a petro-laden tanker exploded on the bridge, 11 vehicles - two tankers, one tipper truck, three trailers, three cars and two mini buses known locally as korope - were involved.
Nigeria: Subsidy Removal, Exchange Rate Unification Have Achieved Desired Objectives – Tinubu
[Vanguard] Amidst the inflationary impact of the removal of petrol subsidy, President Bola Tinubu has indicated that the measure has achieved desired objectives.
Nigeria: Consider Ondo Ex-Militants for Pipeline Contracts – Niger Delta Group
[Vanguard] Former militants in Ondo State, under the aegis of Niger Delta Coastline Vanguard, NDCV, yesterday, called for the review of the policy on the decentralisation of the pipeline surveillance project in the Niger Delta region.
Nigeria: Fuel Price Rises 226.75% to N626.21 Per Litre – Report
[Vanguard] The price of Premium Motor Spirit, otherwise known as petrol increased year-on-year, YoY, by 226.75 per cent to N626.21 per litre in September 2023, from N191.65 per litre, recorded in the corresponding period of 2022.
Nigeria: Nigeria Records 33.58% Reduction in Fuel Consumption, Says NMDPRA Boss
[Vanguard] The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, yesterday, said that industry deregulation has actually seen a 33.58 percent reduction in fuel consumption of Nigerians. Ahmed who stated this at the ongoing Oil Trading and Logistics, OTL, Africa Week, 2023, in Lagos, explained: "Our data reveal that after the announcement of deregulation, an average volume of 44.3 million litres per day was evacuated for distribution nationwide which