NLNG: New report reveals how Nigeria lost N650billion in dubious tax exemption
The report says there is no record the the NLNG paid a deferred $1.15 billion corporate tax for 2012 to the Nigerian government
Crude oil price nears 17-year low as Senators, Reps prepare to discuss budget
Crude oil price drops further to $25.69.
INTERVIEW: We’re anxiously waiting for removal of fuel subsidy — PPPRA workers’ union leader
“The personnel are currently restricted with the subsidy regime.”
INTERVIEW: No single case of corruption in NERC under my leadership – ex-NERC boss, Amadi
Mr. Amadi says Nigeria’s independent power producers can generate 32,000 megawatts.
Buhari announces plans to raise panel on NNPC reforms
The president spoke when he received the CEO of the International Finance Corporation
NNPC filling stations to sell petrol at N86 per litre from Jan. 1, says PPPRA
“If there is no major shift, the price would continue from January to March 2016.”
NNPC adopts fresh measures to guarantee nationwide fuel supply
NNPC is working to ensure full efficiency of the country’s refineries.
INTERVIEW: Oil workers will resist fuel subsidy removal – PENGASSAN President
Oil workers say they don’t oppose the deregulation of the sector, but they want a holistic implementation of the policy.
Nigeria scraps fuel subsidy, cuts petrol price to N85 per litre
An attempt by the government to cut fuel subsidy in 2012 led to what came to be known as the #OccupyNigeria protest.
Kaduna Refinery boosts local fuel supply with 3.2 million litres of petrol, says NNPC
Fuel production in Kaduna Refinery increased from 1.5 million litres per day to 3.2 million litres of petrol daily
Finance minister revokes oil, gas pre-shipment tender process
The ministry is to come up with fresh bidding process.
2016 Budget Speech: “The Budget of Change”, By Muhammadu Buhari
The Nigerian economy needs to move away from dependency on oil. Our growth must be inclusive.
Redrafted PIB stirs fresh anxiety among oil workers
Three groups petition PENGASSAN, demand urgent meeting with Minister Ibe Kachikwu
NNPC awards new crude oil lifting contracts to 21 firms
Nigerian firms were awarded contract to lift 41 per cent of total crude allocation.
Two refineries to restart production before 2016 – Minister
The government is considering engaging private investors to build new refineries.
Dutch court set to rule on case seeking to hold Shell liable for Niger Delta degradation
The United Nations says it would cost $1 billion in five years to clean Ogoni land alone, which is just one area of Shell’s operation.
Nigeria to revert petrol price to N97 per litre in gradual phase-out of subsidy
Mr. Kachikwu says total subsidy figure for 2015 is in excess of N1trillion
Folawiyo Energy dissociates self from fuel scarcity controversy
“FEL’s Apapa depot has not held commercial stock since 20 September 2015.”
Oando Plc to raise N80bn from existing shareholders
The company posted a loss of N48 billion in the first nine months of 2015.
Nigeria opts for private investors for 2016 joint venture funding
NNPC to launch “Clean Nigeria After Oil Initiative”
OPEC fails to stabilise crude oil market as price drops further
Kachikwu presides over meeting as OPEC President.
2013 NEITI audit: Oil firms get extension to review, reconcile draft report to avoid conflict
NEITI Companies’ Forum has now been inaugurated