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Oil and Gas

Imo bunkering explosion: Buhari orders security agencies to clampdown on illegal refineries

PRESIDENT Muhammadu Buhari has ordered Nigerian security agencies to intensify the clampdown on operators of illegal refineries in Nigeria. The president gave the directive on...

Cooking gas price rises by 83.62% in one year – NBS

A report by the National Bureau of Statistics (NBS) shows that the average price of liquefied petroleum gas (LPG), otherwise known as cooking gas,...

One dead from Lagos tanker explosion

ONE person is feared dead following the spillage of premium motor spirit (petrol) from a tanker at Ajegunle bus stop, Lagos, near the old...
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Despite 70 million litres of PMS discharged daily in 2 weeks, scarcity persists — Report

A REPORT by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that about N71.03 million litres of premium motor spirit (PMS)...

Amid neglected reforms, rise in global oil prices fails to benefit Nigerian economy

NIGERIA is currently paying the price for neglecting reforms in its oil and gas sector as the rise in global oil prices means the...

Women make up just 18% of employees in Nigeria’s oil and gas sector, men constitute 82%

ANALYSIS of employment data in Nigeria’s oil and gas sector has shown an uneven gender distribution as women make up just 18 per cent...
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Auditor-General queries NNPC GMD over failure to remit N663.89 billion to Federation Account

THE Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) Limited Mele Kyari has been asked to explain the company's failure to...

Recurring fuel scarcity cripples businesses, endangers lives

TIME, they say, is money. But in Nigeria, where over 70 million of the population live below the poverty line, citizens are devoting more...

Nigerians groan as fuel scarcity continues in sixth week

NIGERIANS are currently groaning under the biting fuel scarcity, which has continued in the sixth week. The Nigerian National Petroleum Company Limited (NNPC) appears to...
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Why VAT can’t work in states – FIRS

THE Federal Inland Revenue Service (FIRS) has said that...