More than three decades after oil production ground to a halt in Ogoniland, the Nigerian government is once again pressing to restart drilling in the region. But the effort, championed by President Bola Ahmed Tinubu and framed by Abuja as part of a broader push for reconciliation and economic revival,...
President Bola Ahmed Tinubu has conferred posthumous national honour of Commander of the Order of the Niger (CON) on four members of Ogoniland who died in the struggle to ensure environmental protection of their land.
They are: Chief Edward Kobani, Chief Albert Bade, Chief Samuel Orage, and Chief Theophilus Orage.
In June,...
Nigeria has lived with a cruel irony. Beneath our soil lies an ocean of crude oil, yet on our roads and in our factories, we rely on imported petrol and diesel. Every year, billions of dollars leave our shores to buy back what we could have produced at home. In...
Branch stakeholders of the Petroleum Tanker Drivers (PTD) are now calling for the resignation of President and General Secretary of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Comrades Williams Akporeha and Afolabi Olawale,
Theywant their immediate resignation in order to give room for fresh air and stability in the...
Dangote Petroleum Refinery has revealed that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) requested it to increase the price of petrol and diesel by N75 per litre, in order to allow its members to match the refinery’s gantry prices at their respective depots. If implemented, this would...
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has given the Dangote Petroleum Refinery a seven-day ultimatum to either withdraw its allegations of fuel smuggling or provide concrete evidence to back the claims.
In a statement released on September 15, the association described Dangote’s accusations as “misleading, factually incorrect,...
Nigeria is taking new steps towards modernizing and expanding her gas sector, with a particular focus on bankable projects that can drive sustainable growth and industrialisation.
This is being facilitated after the African Export-Import Bank (Afreximbank) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) signed a landmark memorandum of understanding...
The Nigerian National Petroleum Company Limited (NNPCL) has assured African countries that funding challenges that is being experienced in the attempt to develop new oil and gas fields should not be a major concern to resources based countries.
The Company advised that Africa must take ownership of its resources and policies,...
President/Chief Executive, Dangote Petroleum Refinery, Aliko Dangote, has declared that since the refinery began producing petrol a year ago, Nigeria’s five-decade-long struggle with fuel queues has finally come to an end.
Speaking at a conference to mark the first anniversary of the launch of petrol from the 650,000 barrels-per-day refinery, Dangote...
Dangote Refinery has fixed its gentry price at N820 per litre as it is set to begin the direct petrol distribution initiative on Monday, September 15, 2025
The refinery made the announcement in a notice issued via its Twitter handle on Thursday, September 11, 2025.
According to a statement,...
There are serious concerns being raised that India’s retreat from Russian oil could create global trade shockwaves.
The US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide.
With India holding the key to two-thirds of Russian...
With global oil price instability and economic uncertainty, inexpensive gasoline remains a critical component of economic stability, social welfare, and sustainable development across the continent.
It's no secret that low fuel prices help firms reduce operational expenses, especially in areas such as manufacturing, logistics, and agriculture.
This decrease not only enhances profit...