Posts

Nigeria: Tinubu – Subsidy Is Gone, Can No Longer Justify Ever Increasing Costs
[This Day] President Bola Tinubu, yesterday, took the oath of office in Abuja as Nigeria's 16th president, and immediately swung into action, announcing, in his inaugural speech, an end to the country's controversial petrol subsidy. The subsidy had over the years been an albatross that hindered the economy by stripping it of badly needed development funds.
Nigeria: Subsidy Removal – Nigerians May Pay N700/Litre for Petrol From July
[Leadership] Lagos -- Hard times await motorists as the cost of and other users of Premium Motor Spirit, (PMS), otherwise called petrol as the price may go up to as much as N700 per litre in the days ahead.
Nigeria: Dangote Refinery Will Bring Relief, Address Domestic Demands On Petroleum Products
[This Day] Abuja -- The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday said it welcomed with high expectations the completion and commissioning of the multibillion dollars Dangote Refinery by former President Muhammadu Buhari.
Nigeria: Shell Earmarks $56.13m for Host Community Devt in Bayelsa
[This Day] The Shell Petroleum Development Company (SPDC), operator of the SPDC joint venture, has unveiled eight Host Community Development Trusts (HCDTs) in Bayelsa State, a critical step for unlocking $56.13 million earmarked for the development of the host communities in line with the provisions of the Petroleum Industry Act (PIA) 2021.
Nigeria: Nigeria’s Oil Rigs Count Slumps 13.3%, Aligning With Lower Crude Oil Production in April
[This Day] Abuja -- Nigeria's oil rigs count declined 13.3 per cent in April, in tandem with the country's crude oil underproduction during the month, according to a THISDAY review of the latest data released by the Organisation of Petroleum Exporting Countries (OPEC).
Nigeria: Fuel Queues Resurfaces as President Tinubu Announces Subsidy Removal
[Premium Times] Fuel queues returned to Nigerian cities Monday as many motorists scrambled to get petroleum products hours after President Bola Tinubu announced that the government will put an end to the fuel subsidy regime.
Nigeria: Queues Resurface As Tinubu Announces Fuel Subsidy Removal
[Daily Trust] Petrol stations in Lagos started witnessing queues few hours after President Bola Tinubu announced that "fuel subsidy is gone".
Nigeria: Fuel Subsidy Is Gone, Says Tinubu
[Daily Trust] President Bola Ahmed Tinubu says fuel subsidy is gone under his administration
Ghana: GOIL CEO Wins Petroleum Downstream CEO of the Year
[Ghanaian Times] The Group CEO and Managing Director of GOIL PLC, Mr Kwame Osei-Prempeh, has been crowned as the outstanding CEO in the Petroleum downstream sector at the just ended Ghana CEO Summit in Accra.
Ghana: GOIL CEO Wins Petroleum Downstream CEO of the Year
[Ghanaian Times] The Group CEO and Managing Director of GOIL PLC, Mr Kwame Osei-Prempeh, has been crowned as the outstanding CEO in the Petroleum downstream sector at the just ended Ghana CEO Summit in Accra.