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Sanusi: Why Tinubu shouldn’t be petroleum minister

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A former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has called for the appointment of a Minister for Petroleum Resources,...

Senate: We’ll make solid minerals next Nigeria’s petrol

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The Senate has affirmed the imperative of increasing budgetary allocations to the Solid Minerals Development Ministry to enable the mining sector lead the way...

NUPENG, petrol tanker drivers debunk nationwide strike

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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum Tanker Drivers (PTD) have dismissed reports of plans to embark on...

EFCC arraigns man for illegal dealings in petroleum products

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The Economic and Financial Crimes Commission (EFCC) has arraigned one Morris Gbiki Karinane before the Federal High Court sitting in Port Harcourt, the Rivers...

Reps to probe petrol subsidy regime

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The House of Representatives Committee on Petroleum Resources (Downstream) has announced plans to conduct a comprehensive audit of the subsidy regime of the Premium...

Subsidy removal and Tinubu’s $1trn economy, By UCHE NNADOZIE

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By UCHE NNADOZIE The removal of petrol and forex subsidies has indeed been a significant economic policy change, and it has stirred various opinions and...

Nigeria’s petrol daily consumption drops from 66.7m to 44.3m litres

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Nigeria’s domestic consumption for petrol has significantly dropped from 66.7 million litres, before the deregulation, to 44.3 million litres per day. Chief Executive of the...

PENGASSAN: Why Tinubu’s govt paying subsidy for petrol

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The Bola Tinubu-led Federal Government has resumed payment of subsidy payment on petroleum products. President of the Trade Union Congress (TUC), Festus Osifo, made the...

Police arrest 4 for stealing NNPCL petrol, nab 42 others

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The operatives of the Edo State Police Command have arrested four suspects for allegedly stealing Premium Motor Spirit (PMS), otherwise known as petrol, from...

Customs intercepts N1.76bn foreign rice, petrol, used clothes

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The officers of the Nigeria Customs Service (NCS), the Federal Operations Unit, Zone A, Ikeja in Lagos State, have intercepted eight trailer loads of...
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