Oshiomhole: Akpabio sees me as devil, Senate leadership to c
The Senator representing Edo North, Adams Oshiomhole, has said that the Senate President, Godswill Akpabio, is suspicious of him. Oshiomhole made the remarks on the Sunday edition of MIC ON PODCAST, amid growing tensions within the Senate following the controversy generated by his recent comments on the Nigerian National Petroleum Company Limited. The former Edo […]
Nigeria Reps Tackle Rising Aviation Fuel Costs for Airlines
The House of Representatives has called on the Federal Government to urgently intervene in the rising cost of aviation fuel, warning that domestic airlines are under severe financial pressure. The resolution followed the adoption of a motion of urgent public importance moved on Tuesday during plenary by Paschal Agbodike, who represents Ihiala Federal Constituency of […]
NNPC Revenue Hits N2.68tn Amid Production Decline
The Nigerian National Petroleum Company Limited has announced a revenue collection of N2.68tn from its economic activities in February 2026, even as crude oil production declined to 1.51 million barrels per day amid pipeline outages and operational setbacks. It reported a 4.2 per cent increase in revenue for its February 2026 operations, rising to N2.68tn […]
Pipeline Security Boosts Nigeria Oil Production to 1.84mbpd
The Nigerian National Petroleum Company Limited has said Nigeria’s crude oil production rose from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day, with a peak of 1.84 million barrels per day in 2025, following intensified pipeline security measures in the Niger Delta. The Group […]
Dangote & Marketers Collaborate on Nigeria’s Fuel Supply
The Dangote Petroleum Refinery partnered with major fuel marketers to safeguard nationwide supply and reduce risks associated with a single-source system, the Major Energies Marketers Association of Nigeria has said. Speaking during a MEMAN webinar on Tuesday, the association’s Chairman, Hubb Stokman, said the supply arrangement with marketers was designed to improve efficiency and address […]
Nigeria Ends OPL 245 Dispute, Splits Block for Shell & Eni
The Federal Government has broken up the controversial OPL 245 oil block into four new assets to be operated by Eni and Shell, in a move that could finally unlock one of Nigeria’s largest untapped deepwater reserves after nearly three decades of legal and political disputes. A source familiar with the development told Reuters on […]
S’South Govs Back Tinubu on Direct Oil Revenue Remittance
The South-South Governors Forum has described President Bola Tinubu’s Executive Order mandating the direct remittance of all oil and gas revenues to the Federation Account as a historic and landmark decision. The SSGF Chairman and Governor of Bayelsa State, Senator Douye Diri, in a statement on Wednesday, said the region’s governors welcomed the decision as […]