In Nigeria, people have been forced to come up with creative solutions to cope with the effects of inflation and the economic crisis. These...
The Ajaokuta-Abuja-Kano (AKK) pipeline project in Nigeria has been faced with challenges as the initial financiers, the Infrastructure and Commercial Bank of China (ICBC), Infrastructure...
According to a recent report, Nigeria loses an opportunity to produce and sell about 65,700,000 barrels of oil in the last one year due to...
The Nigerian National Petroleum Company Limited’s Ajaokuta-Kaduna-Kano gas pipeline project is expected to be energised by the third quarter of this year, with $1.1bn already...
The Nigerian National Petroleum Company Limited and its partners are currently undertaking the $2.8bn Ajaokuta-Kaduna-Kano natural gas pipeline project, which is now 43 per cent...
The 13% derivation fund is a special allocation from the federal government to compensate Nigeria’s oil-producing states for the environmental and economic impact caused by...
The Federal Government has stepped up efforts to curb gas flaring in the country with an imposition of fines up to $49 million (N22 billion)...
The huge outlay that the Nigerian Government has been sinking into fuel subsidies has yielded about 81 percent increase in the price of petrol, otherwise...
The issue of fuel subsidy removal is a controversial and complex one, with various arguments for and against it. Late last month, PENGASSAN called...
Modupe Asudo Oil and gas companies desirous to reduce their tax burden and grow profitability should consider increasing investments in research and development (R&D), with a...