petroleum industry
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Nigeria Rainoil CEO Exposes Government's N600 Billion Monthly Fuel Subsidy
During the Stanbic IBTC Energy and Infrastructure Breakfast Session in Lagos, Gabriel Ogbechie, CEO of Rainoil Limited, disclosed that the federal government has covertly resumed paying the contentious fuel subsidy. Ogbechie highlighted the impact of the Naira's devaluation on the foreign... -
Nigeria Nigeria Takes Lead in Refined Petrol Imports Amid Europe-Africa Trade Surge
Nigeria has emerged as Africa's leading importer of refined petrol, with shipments from Europe on the rise due to increased crude oil deliveries from the Middle East to Europe following the E.U.'s ban on Russian oil. Analysts at S&P Global Commodity Insights highlighted this trend, noting that... -
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Senator Saraki: PIB’ll be ready before end of 8th National Assembly – TODAY.NG
Senate President, Bukola Saraki, has assured Nigerians that the Petroleum Industry Bill law will be ready before the end of the Eighth National Assembly. Giving the status of the bill, which has passed through various readings in both chambers of the National Assembly, the senate president...- siteadmin
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