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Nigeria: Troops Destroy 38 Illegal Refining Sites in Niger Delta/in /by
[This Day] The Defence Headquarters (DHQ) yesterday said troops destroyed 38 Illegal refining sites in the Niger Delta region.
Nigeria: Wabote Seeks Double-Digit Oil Contribution to GDP, NNPC to Supply 300,000 Bpd to Dangote Refinery/in /by
[This Day] The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, yesterday argued that the oil and gas industry could return to contributing double-digit to the country's Gross Domestic Product (GDP), given the right decisions and clement environment.
Nigeria: Dangote Refinery Will Provide Succour, Turbo-Charge Nigeria’s Economy – NECA/in /by
[This Day] The Nigeria Employers' Consultative Forum (NECA) has declared that the Dangote Refinery would turbo-charge the engine of the Nigerian economy, unstrap the strings holding its growth and bring succor to a country that is in dire need of industrial renaissance.
Angola: Oil Tax Revenue Drops in First Quarter This Year/in /by
[ANGOP] Luanda -- The oil tax revenue stood at 1.3 billion kwanzas in the first quarter of this year, Kz 800 billion less compared to the same period of 2022, during which the sector collected Kz 2.1 billion.
Nigeria: Why and How Petrol Subsidy Must Go/in /by
[Premium Times] For Nigeria to exit from its national fiscal crisis, create prosperity for its citizens and fulfill its obligations to those citizens, we must end the decades-old drainpipe of petrol subsidy. There is no good time to do it. Postponing the evil day (as we have done for too long) beyond the next three months - and even then, only to prepare well for how to do it and the aftermath - would be unwise.
Nigeria: Bayelsa Oil Spills Cleanup to Cost U.S.$12 Billion – Report/in /by
[Premium Times] A similar cleanup in the neighbouring Rivers State has suffered several years of delay.
Nigeria: NNPC Acquired 30 Percent of Petrol Retail Market to Protect Nigerians – Kyari/in /by
[Daily Trust] The Group Chief Executive Officer, Nigeria National Petroleum Company (NNPC) Ltd, Mele Kyari, has stated that its current share of 30 per cent of the petrol stations nationwide is to afford Nigerians competitive price of petroleum products and avoid being held ransom by private owners.
Nigeria: NNPC Acquired 30 Percent of Petrol Retail Market to Protect Nigerians – Kyari/in /by
[Daily Trust] The Group Chief Executive Officer, Nigeria National Petroleum Company (NNPC) Ltd, Mele Kyari, has stated that its current share of 30 per cent of the petrol stations nationwide is to afford Nigerians competitive price of petroleum products and avoid being held ransom by private owners.
Nigeria: NNPC Acquired 30 Percent of Petrol Retail Market to Protect Nigerians – Kyari/in /by
[Daily Trust] The Group Chief Executive Officer, Nigeria National Petroleum Company (NNPC) Ltd, Mele Kyari, has stated that its current share of 30 per cent of the petrol stations nationwide is to afford Nigerians competitive price of petroleum products and avoid being held ransom by private owners.
Nigeria: $12bn Required to Clean Oil Pollution in Nigeria – Report/in /by
[Leadership] Restoration of and clean up of decades-long oil pollution in crude producing states will cost at least $12 billion, investigators said yesterday.