
The Federal Government’s decision to fully remove subsidy from petrol will save the country ₦1trillon annually and create massive jobs, Mr Timipre Sylva, the Minister of...

OBINNA EZUGWU Nigeria’s Federal Government has said it is in talks with some investors to give up majority stakes in its four refineries. Group Managing Director...

OBINNA EZUGWU The Nigerian National Petroleum Corporation (NNPC), says it has obtained a repayment funding of circa $1billion to support the upstream operations of its subsidiary,...

OBINNA EZUGWU Nigeria National Petroleum Corporation (NNPC) has accumulated deficit of N257.34 billion from 2015 to 2020, data from BudgIT Nigeria have shown. This means that...

The tax revenue accruing to the Federal Government from Production Sharing Contracts with international oil companies operating in the country fell by $45.72m (N16.46bn) in May....

Nigerian National Petroleum Corporation (NNPC) spent N5.34 billion in under-recovery in June this year, signalling return of fuel subsidy regime. Under-recovery is the losses incurred by...

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI) supporting company....

By RICHARD MAMMAH (Guest columnist) After a long season out in the cold, the Buhari administration was finally forced to eat humble pie and put together...

Recent revelations coming from different departments of government have become so alarmingly overwhelming that one can only resign to fate by abandoning any hope of salvaging...