The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
The Chief of the Naval Staff (CNS), Vice Admiral Idi Abbas, has directed commanders to prioritize the welfare of their personnel while sustaining the offensive against crude oil theft and other illegalities.
Dangote Group has entered a strategic partnership with Honeywell International Inc to support the next phase of expansion of the Dangote Petroleum Refinery. The company explained that the partnership will provide advanced
The House of Representatives Committee on the South South Development Commission has criticized the federal government’s inability to operationalise two major financial provisions of the Petroleum Industry Act (PIA). The lawmakers revealed
By Abidemi Adebamiwa Nigeria is carrying a load that no nation can move with. The biggest obstacle holding the country back is the high and unnecessary cost of running government. It is
By Sir Folu Olamiti This is a tribute to Segun Awolowo, who has now gone to the world beyond. I am still in a trance, struggling to accept that I will not
By Olabode Opeseitan For decades, Nigerians have lived with a bitter paradox. The very men and women sworn to uphold the law have too often been its most brazen violators. The uniform,
The United Nations World Food Programme (WFP) has warned on Tuesday that the increased instability across northern Nigeria, including a surge in attacks, is driving hunger to levels never seen before The
New Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Musa Sarkin Adar, has pledged to leverage his extensive legislative and oversight experience to strengthen NEITI’s visibility, institutional relevance, and impact.
Troops of the Nigerian Army, 6 Division, have shut down seven illegal refining sites and seized over 109,000 litres of stolen petroleum products in a coordinated operations conducted between 10 and 23
TotalEnergies Exploration and Production Nigeria (TEPNG), a subsidiary of TotalEnergies has completed the divestment of its 12.5% non-operated interest in the OML118 Production Sharing Contract (PSC) to Shell Nigeria Exploration and