Local News
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113FG, Tanker Drivers Split Over 60,000 Truck Ban Enforcement
Despite a public announcement that trucks transporting more than 60,000 litres of hydrocarbon products would be prohibited from loading at depots and...
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82NCDMB Acquires 20% Equity in 100bpd Refinery
The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per...
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127FEC Approves ₦660b for 14 Road Projects Across Nigeria
The Federal Executive Council (FEC) has approved the rehabilitation and construction of 14 road projects across Nigeria worth N660.26 billion. David Umahi,...
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154REA Boosts Off-Grid Power Supply, Inaugurates 440kWp Mini-grid in C’River
The Rural Electrification Agency (REA) yesterday commissioned a 440kWp interconnected mini-grid in Etomi, Agbokim, Abia, and Bendeghe communities, Etung Local Government Area,...
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96
Gencos Lament ₦4.7tr Debt as Power Generation Hits 5,713MW
As Nigeria’s power sector witnessed a rise in electricity generation, the companies behind power production have condemned the Federal Government’s failure to...
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119FG, NNPCL Work Out ₦7.7tr Fuel Subsidy Debt Payment
The Federal Government’s indebtedness to the Nigerian National Petroleum Company Limited as exchange rate differential (subsidy) for the importation of Premium Motor...
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115House C’ttee Gives 72-hour Ultimatum to Eight Oil Companies Over ₦9.4tr Unremitted Royalties
The House of Representatives Committee on Public Accounts has given a 72-hour ultimatum to eight oil companies to appear before it and...
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116
NNPCL, Dangote’s Price Reduction Excites Retailers
The Petroleum Retailers Outlet Owners Association of Nigeria, PETROAN, yesterday commended NNPC Retail Ltd for reducing the price of Premium Motor Spirit...
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108
Reps Begin Probe of Oil Coys Over ₦9.4tr Debts
The House of Representatives has launched a probe into outstanding debts totaling N9.4 trillion owed the Federation Accounts by several oil companies....
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86
Dangote to Refund Customers Who Purchase PMS Above Advertised Rates
Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit (PMS) at rates higher than...
