[This Day] The federal government has set up a new team to fix key problems in Nigeria's petroleum sector. President Bola Tinubu has appointed Fola Adeola, a co-founder of Guaranty Trust Bank, to lead this effort.
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[Namibian] The government has dismissed circulating reports of a fuel shortage in Namibia, assuring the public that the country has sufficient supply to meet demand in the short, medium and long term.
[Vanguard] Benchmark US oil contract WTI was up Monday after US President Donald Trump gave Iran a 48-hour ultimatum to open the Strait of Hormuz or face decimation of its energy infrastructure and Israel warned the war would continue for several more weeks.
[Leadership] The Nigerian Navy troops operating under Operation DELTA SENTINEL have intercepted a large consignment of illegally refined petroleum products and arrested eight suspected oil thieves in the Degema/Ogbogoro/Ogbologo general areas of Rivers State.
[Leadership] Chika Izuora, Bukola Idowu, Olushola Bello, Andrew -- With the pump price of petrol nearing N1,500 per litre amid Middle East tensions, labour unions, economists, manufacturers, and civil society groups have called for urgent government palliatives to lessen the economic burden on families and businesses.
[Leadership] The Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President Godswill Akpabio to instruct the Public Accounts Committee to disclose the names and titles of all officials linked to the alleged missing N200 trillion from Nigerian National Petroleum Company Limited (NNPCL), regardless of their social or political status.
[Daily Trust] The Dangote Petroleum Refinery has strengthened Nigeria's presence in the regional energy market with the sale of 12 cargoes, totalling 456,000 tonnes (456KT) of refined petroleum products.
[Daily Trust] Stakeholders under the Niger Delta Roundtable have called on President Bola Ahmed Tinubu to decentralise pipeline surveillance contracts, warning that the current centralised model is failing to curb oil theft and is costing Nigeria billions in lost revenue.
[New Zimbabwe] A member of the Senate has blasted authorities for increasing fuel prices twice in less than two weeks.
[Daily Trust] The steady rise in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, has intensified economic hardship across Nigeria, with prices climbing to nearly N1,400 per litre in several parts of the country, triggering widespread anxiety among transporters, commuters, and businesses.
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