[Premium Times] OML 102 is operated by TotalEnergies EP Nigeria with a 40 per cent interest, alongside partner NNPC Ltd with the remaining 60 per cent
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[The Conversation Africa] Africa's growing population desperately needs clean, modern energy in the home. Currently, more than 900 million people, 85% of the region's population, still rely on solid biomass fuel (like wood and charcoal) and kerosene for cooking. These energy sources are highly polluting, inefficient and unsafe.
[VOA] Nigeria's new president has officially ended the country's fuel subsidy to its citizens. Bola Tinubu said Monday the cut was needed for Nigeria's economic stability.
[Vanguard] Following the removal of subsidy on petrol, the marketers are struggling to raise the required capital to purchase the product at the depots, a check by Vanguard has shown.
[VOA] Yaounde, Cameroon -- In parts of Cameroon, the price of gasoline has doubled since Nigeria's new President Bola Tinubu scrapped a government fuel subsidy in the oil rich nation. Nigeria is one of Africa's leading oil producers and subsidized petroleum products are routinely smuggled into Cameroon and sold by the roadside. Now, with the subsidy in place, business people in Cameroon say they are struggling to cope as fuel prices rise.
[DW] Nigeria's President Bola Tinubu has told the country that ending a long-standing fuel subsidy was a painful necessity. But the knock-on effects of the move are having a great impact on Nigerians' everyday lives.
[Capital FM] Nakuru -- Oil Marketing Companies from in Nairobi and other parts of the country are preferring filling their tankers at the Nakuru Kenya Pipeline Company (KPC) Depot after the installation of an ultra-modern bottom loading facility.
[Premium Times] "My response to your inquiry is that all operations of the NNPC/MPN Joint entire are carried out in full compliance with the law," a spokesperson for ExxonMobil said.
[Vanguard] A chieftain of the All Progressive Congress, APC, Senator Rilwan Akanbi, has said that the removal of subsidy by the Federal Government has crashed the daily figure of petrol consumption, saying government should increase wages as one of the ways of cushioning the effect of the stoppage of subsidy.
[Vanguard] Fuel station owners and pump attendants in Kano are lamenting low patronage as patrons have reduced volume of purchases following pump price increases.
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