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Time to stop overdependence on...

Time to stop overdependence on crude oil,...

Niger courts Dangote group’s partnership...

Niger courts Dangote group's partnership to unlock...

Time to stop overdependence on crude oil, by Naomi Minda

Time to stop overdependence on crude oil, by Naomi Minda Nigeria's overdependence on crude oil as the major source of revenue has consistently crippled its economic activities. The country's failure to revive its untapped resources has hindered its ability to generate revenue, leading to economic instability. Nigeria must diversify its economy by tapping into the abundant natural resources scattered across the 36 states and the Federal Capital Territory (FCT). The Federal Government's failure to boost agricultural practice by providing necessary aid to local farmers has hindered the growth of the agricultural...

FG approves $21...

FG approves $21 million project to install metres in Niger Delta crude oil flow stations The Federal Government has greenlit a $21 million initiative to...

Marketers warn of...

Oil marketers have expressed concerns that the rising cost of crude oil, along with the depreciation of the Nigerian Naira against the United States Dollar, may lead to an increase in the pump price of Premium Motor Spirit (PMS), commonly known as petrol.

Tompolo’s Tanita Security...

In a surprising turn of events, the Tanita Security Services, owned by Government Ekpemupolo, popularly known as Tompolo, a former Niger Delta agitator, intercepted a vessel named MT Praisel in the Koko area of Delta State.

Tompolo’s security firm...

Tompolo's security firm intercepts vessel transporting 800,000 litres of stolen crude oil A private security contractor engaged by the Nigerian National Petroleum Company Ltd. (NNPC...

Tinubu orders Navy...

Tinubu orders Navy to destroy massive ship caught with 800,000 liters of stolen crude oil President Bola Tinubu has taken a strong stance against crude...

Finally, Petroleum Subsidy...

Finally, Petroleum Subsidy is Gone: The Implications, by Ahmed Adamu PhD The final removal of petroleum subsidies in Nigeria is a welcome development. It means...

Rising crude oil...

Rising crude oil prices great opportunity for Nigeria - Buhari As crude oil prices continue to rise above $100 per barrel, President Muhammadu Buhari has...

NNPC records $224.29...

The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against...

Crude oil prices...

Story from Abah ADAH, Abuja The crude oil companies have recovered all that it lost during the Covid-19 pandemic of 2020 as demand for petroleum products...
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