NNPC has denied inflating petrol subsidy claims by N3.3 trillion, asserting it will resist being drawn into fuel subsidy politics.
Paul Alaje says ending the Niger Delta oil theft will boost Nigeria’s foreign reserve and lead to revenue increment.
“Some of the policy somersaults of the past have also led to what has put us where we are today."
Referring to Peter Obi, Tinubu's running mate Kashim Shettima said leadership goes beyond spewing dubious statistics or showcasing a mediocre…
They said stopping the policy in June will create crisis for the incoming government.
In August, Nigeria produced its least amount of crude oil in decades, at about 972, 000 barrels per day.
He vowed to encourage more private refineries locally and supply them crude oil in naira for Nigeria’s domestic consumption.
Nigeria is facing a severe revenue crisis as it continues to underperform in terms of crude oil production.
The amount spent on petrol subsidy in July exceeded the total oil sold for the month by roughly N48 billion.
Nigeria's federal government, on Monday, maintained that removing petrol subsidy would result in unintended consequences, insisting that this is a…
The inability of the Nigerian National Petroleum Company Limited (NNPC) to carry out its statutory obligations to the federation continued…
As the month of March highlights gender inequality and the celebration of women’s achievements google’s doodle today, celebrates the life…
The federal government says it will use $2.2 billion of the fund raised via eurobond to cater for petrol under-recovery…
Nigeria's National Economic Council (NEC) on Thursday allayed fears of Nigerians about the possible removal of fuel subsidy early in…
Oil prices continued their surge on Wednesday, hitting a two-month high amid projections that lack of production capacity and limited…
Nigeria’s federal government has said it will not immediately end its current subsidy of petrol, saying it intends to manage…