[Premium Times] Policy Alert says terminating the direct purchase contract alone was not enough and would amount to half-measure if the 'corrupt system underpinning the swaps was not investigated, lost recovered, culprits punished and safeguard instituted.'
Posts
[State Department] Today, State Department Sanctions Coordinator Ambassador James O'Brien and Bureau of African Affairs Deputy Assistant Secretary Peter Lord convened a discussion with companies and associations operating in or providing services to companies in South Sudan's oil sector. They were joined by UK and Norwegian Special Envoys to Sudan and South Sudan, Robert Fairweather and Jon Anton Johnson.
[Ghanaian Times] Tema -- The Ghana National Petroleum Drivers Union and the Gas Tanker Drivers Union declared an indefinite sit down industrial action nationwide yesterday.
[Nile Post] Introduction
[Premium Times] NNPC says it acquired OVH Energy, however, it now appears to workers of NNPC Retail that it was OVH Energy that did the acquisition.
[Daily Trust] The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed off over 50 filling stations in Kogi state over alleged illegal operations.
[Premium Times] Mr Tinubu announced the removal of the subsidy on petrol during his inaugural speech on 29 May, leading to the increase in petrol prices by almost 200 per cent.
[Vanguard] Barely a month after deregulation, operators in the downstream sector have not been able to import petrol into Nigeria, due mainly to a lack of license and foreign exchange.
[New Times] While the African Continental Free Trade Agreement (AfCFTA) is expected to boost the automotive industry in Africa, experts argue that poor fuel quality and lack of auto policies remain an impediment to the ambitious goal.
[Vanguard] The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, declared yesterday, that the Petroleum Industry Act 2021 established a clear distinction between upstream and midstream operations in the oil and gas sector in the country.
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