Energy

NUPRC probes oil theft, sets up panel of experts

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set up a team of experts to carry out thorough auditing of…

3 years ago

CBN: We’ve disbursed N1.3trn to power sector in 5 years

The Central Bank of Nigeria (CBN) said has disbursed over N1.3 trillion to support the provision of power supply to…

3 years ago

Grid collapse: CBN earmarks N104bn to stabilise electricity supply

The Minister of Power, Abubakar Aliyu, has said that the Central Bank of Nigeria (CBN) has provided N104 billion ($250…

3 years ago

Reps demand evidence of N2.6trn taxes, royalty from oil firms

The House of Representatives ad-hoc Committee on the recovery of outstanding N2.6 trillion debt owed the Federal Government by Oil…

3 years ago

N800 per litre: Deji Adeyanju mocks APC for diesel price hike

Popular political activist and convener of Concerned Nigerians, Deji Adeyanju Deji, has mocked the All Progressives Congress (APC) controlled Federal Government…

3 years ago

FG targets $2.2bn Eurobond cash, local funds for fuel subsidy

In a bid to fund subsidy on petrol in the face of rising oil prices, the Federal Government of Nigeria…

3 years ago

Nigeria’s crude oil daily production drops by 10,000 barrels – OPEC

Nigeria’s crude oil production has declined to an average of 1.417 million barrels per day in February 2022, the Organisation…

3 years ago

Sylva: Nigeria has 1.9bn litres of petrol, to last 32 days

Minister of State for Petroleum Resources, Mr. Timipre Sylva, on Wednesday said the country has 1.9 billion litres of petrol.…

3 years ago

NUPRC to Marginal field awardees: Work with regulator to resolve issues

The Nigerian Upstream Regulatory Commission (NUPRC) has appealed to the winners of the 2021 marginal field bids to work in…

3 years ago

Oil, gas coys owe federation accounts N1.32trn in 2020 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that oil and gas companies liabilities to the Federation Accounts as…

3 years ago

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