Posts

Nigeria: Nigeria Requires $25bn Investment to Achieve 4m Barrels Daily Oil Production/in /by
[Leadership] A reconstructed energy transition agenda and annual investment of about $25 billion would help address Nigeria's energy woes and support the country's efforts to realise 4 million barrels daily oil production.
Nigeria: Nigeria to Become Net Exporter of Petrol – NNPCL/in /by
[Premium Times] "Today, we export 100 per cent of our productions, no resource-dependent country does this and that is why we must deliver on our mandate," an official noted.
Nigeria: Fuel Subsidy Hasn’t Returned, Says Mele Kyari/in /by
[Daily Trust] Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, on Monday, said the administration of President Bola Tinubu has not reinstated fuel subsidy.
Nigeria: Nigeria Govt Not Paying Subsidy On Petrol – NNPCL/in /by
[Premium Times] "No subsidy whatsoever. We are recovering our full cost from the products that we import. We sell to the market and we understand why the marketers are unable to import," an official said.
Nigeria: Review of Border Towns’ Fuel Supply Ban Underway – Customs CG/in /by
[Daily Trust] The Acting Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi, has said the federal government's subsisting restriction order placed on the supply of petroleum products to border communities may be reviewed "in the next few days."
Nigeria: NNPCL Reacts to Report of Awarding Control of Pipelines to ‘Cabal’/in /by
[Premium Times] NNPCL was reacting to reports alleging that its managing director, Mele Kyari, quietly awarded the control of Nigeria's pipelines to an oil "cabal"
Rwanda: Rwanda Closes All Diesel Power Plants/in /by
[New Times] Rwanda closed all its diesel power plants in June this year, stopping the generation of such electricity as the country's hydroelectricity and methane gas sources expanded to make a significant contribution to the grid.
Nigeria: NNPCL 80% Ready for IPO – Kyari/in /by
[Leadership] The group chief executive officer( GCEO) of the Nigerian National Petroleum Company Limited, (NNPCL), Mele Kyari said, the company is 80 percent ready for an Initial Public Offer(IPO).
Rwanda: Explainer – Rise of Fuel Prices and Impact on Cost of Living/in /by
[New Times] On October 3, the Rwanda Utilities Regulatory Authority (RURA) announced an increase in the prices of petrol and diesel, adding to the already challenging cost of living in the country.
Nigeria: Subsidy Removal – Marketers Demand Emergency Palliative to Ease Petrol Import/in /by
[Leadership] The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on the Federal Government to set up "emergency palliative measure" that would enable oil marketers to import petroleum products into the country for the next three months at an exchange rate of N600 per dollar.