No Regrets on Subsidy RemovalPresident Bola Tinubu reaffirmed his decision to remove fuel subsidies, stating it was a critical measure to avert national bankruptcy. Speaking during his first media chat on Monday, Tinubu described the move as unavoidable despite its immediate challenges, em...
Legal Challenge Dangote Petroleum Refinery and Petrochemicals FZE has filed a lawsuit in the Federal High Court in Abuja, demanding the annulment of import licenses granted to the Nigerian National Petroleum Corporation Limited (NNPC), Matrix Petroleum Services Limited, A. A. Rano Limited,...
Current production at 1.7 million barrels daily, with hopes of expansion The Nigerian National Petroleum Company Limited (NNPCL) has expressed confidence that the country can achieve a daily crude oil production of three million barrels. Nigeria’s current output stands at 1.7 million...