Category : Search result: Nigeria oil output 2026


Zulum Presents 2026 Borno Budget to State Assembly

Borno Governor Babagana Zulum presents the 2026 budget proposals to the State Assembly, setting fiscal priorities with a focus on education and healthcare. Stakeholders urged to attend.

Nigeria ships 33.2m barrels of crude to U.S. in eight months

Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.

Niger State's N1.073 Trillion 2026 Budget Signed

Governor Umaru Bago has signed Niger State's 2026 budget of over N1.073 trillion into law, with capital expenditure exceeding N783 billion. The governor praised the Assembly for swift passage.

Dangote Sells Fuel at N739 via MRS Stations

Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.

PETROAN: N58.18tr 2026 Budget Achievable with 1.84mbpd

PETROAN endorses Nigeria's 2026 budget, citing realistic oil targets. It urges transparent privatisation of state refineries by Q1 2026 and highlights security, host communities, and regulatory funding as key to success.

PDP Criticises Tinubu's 2026 'Sufferings' Budget

The Peoples Democratic Party has strongly criticised President Bola Tinubu's ₦58.18 trillion 2026 budget, labelling it a plan that deepens hardship for ordinary Nigerians. Read the full analysis.

Tinubu Presents N58.18 Trillion 2026 Budget to NASS

President Bola Tinubu presents the 2026 'Budget of Consolidation' to the National Assembly, targeting N58.18 trillion in spending with priorities on security, human capital, and infrastructure. Read the full details.

Reps, Senate Differ on 2026 Oil Benchmark in MTEF

The House of Representatives has approved a $64.85 per barrel oil price benchmark for 2026, diverging from the Senate's $60. Get the full details on the MTEF/FSP projections and budget implications.

Trump Announces Naval Blockade Against Venezuela

US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

NAHCON's 15 New Directives for 2026 Hajj Unveiled

NAHCON has released 15 new operational rules for the 2026 Hajj, affecting flights, group movement, and medical screening. Intending pilgrims must note these changes to avoid penalties.

PENGASSAN warns of oil sector brain drain over low pay

PENGASSAN warns Nigeria's oil sector faces a severe brain drain due to low wages and economic hardship. Union President Festus Osifo urges immediate action to close the wage gap and retain skilled workers.

FG Sets 2026 Budget Exchange Rate at N1,512/$1

The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.

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