Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in 2018, translating to a 9 per cent increment, compared with the 2017 average daily production of 1.86million barrels. Pitched against the…
“The management of oil companies Eni and Shell … were fully aware of the fact that part of the $1.092 billion paid would have been used to compensate Nigerian public officials who had a role…
Governor Okowa of Delta state has decried moves by those who want to take over oil surveillance contract to create civil unrest to desist from and avert the negative economic consequence that their action will…
By Yunus Yusuf Oil marketers on today, Sunday, 18/11/2018 appealed to the Federal Government to effect quick payment of its outstanding N800 billion subsidy debts. The marketers, under the aegis of Major Oil Marketers Association…
The Urhobo Progress Union (UPU) has called for a review of the quantum production of oil in Delta State, as a measure to end the shortchanging of the Urhobo nation as an oil producing area.…
A Court in London will deliver judgment on Friday in a case filed by lawyers for the Bodo community in Nigeria’s oil-producing Niger Delta. The lawyers, went to court in London to fend off what…
The Peoples Democratic Party (PDP) has accused President Muhammadu Buhari of corruption over the fuel subsidy regime of his government. PDP in a statement by its National Publicity Secretary, Kola Ologbondiyan challenged President Buhari to…
By Ismaila Chafe The National Economic Council (NEC) has confirmed that the N526 billion and 21 billion dollars was under-paid to the federation account by some Federal Government revenue generating agencies between 2010 and 2015…
A Senior Advocate of Nigeria (SAN) and human rights activist, Mr. Femi Falana has faulted the Nigerian National Petroleum Corporation (NNPC), for rejecting a Freedom of Information request on its operations and finances. The lawyer…
A modular refinery designed by Chimex, a US firm. (NAN Photo) By Donald Ugwu The Federal Government is making progress on the establishment of modular refineries with the arrival of one set of package shipment…
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