NASS Steps into Dangote, NMDPRA Face-Off
The House of Representatives committee has summoned Aliko Dangote and NMDPRA leaders to halt public feuding and resolve sector tensions. Read the full details.
Category : Search result: downstream petroleum sector
Reps Panel Pushes for Fuel Supply Sufficiency, Downstream Efficiency
The House Committee on Petroleum (Downstream) outlines a legislative push to strengthen local refining and stabilise Nigeria's fuel sector ahead of 2026. Read the full plan.
House of Reps Intervenes in Dangote, NMDPRA Dispute
The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.
Komolafe Elected Chairman of African Petroleum Regulators Forum
Gbenga Komolafe, NUPRC CEO, elected AFRIPERF chairman. Nigeria chosen as headquarters, marking a major step for Africa's energy governance and regulatory cooperation.
NCS Seizes N181.6m Petroleum Products in Adamawa
Nigeria Customs Service intercepts smuggled fuel worth N181.6 million near Cameroon border in eight weeks. ACG Kolapo Oladeji warns smugglers face life imprisonment. NNPCL also announces another petrol price cut.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
Nigeria's Economy Grows 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.
Over 200 Players Line Up for Obaseki @ 80 Golf Tourney
More than 200 golfers will compete in the Dr. Jackson Gaius Obaseki @ 80 Golf Tournament in Benin City from December 3-6, 2025. A grand tribute to the former NNPC GMD.
Nigeria's GDP Hits 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.
Nigeria's GDP grows 3.98% in Q3 2025, NBS reports
Nigeria's economy expanded by 3.98% year-on-year in Q3 2025, driven by services and agriculture. Get the full breakdown of sectoral performance from the NBS data.
FG Opens 50 Oil, Gas Blocks for Sale, Announces Date
Nigeria launches ambitious 50-block oil and gas licensing round starting December 1. International roadshows planned to attract global investors and boost energy sector growth.
Watchdog Defends PIA Implementation Against ₦1 Trillion Claim
Niger Delta accountability network refutes House Committee claims, says Petroleum Industry Act implementation is on track and bringing stability to oil sector. Read full details.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.
Komolafe's Energy Reforms Win Top Commendation
NUPRC's Gbenga Komolafe receives high praise for transforming Nigeria's oil sector through transparency and regulatory reforms that boosted investor confidence.
N1.6trn Niger Delta cleanup funds lost - Reps
House Committee reveals Nigeria lost N1.6 trillion in Niger Delta cleanup funds due to PIA non-implementation. Environmental crisis worsens as communities suffer.
Dangote Refinery Expansion Targets 1.4mbpd by 2028
Dangote Group partners with Honeywell International to expand refinery capacity to 1.4 million barrels daily by 2028, boosting Nigeria's energy security and economic growth.
N850bn PIA Environmental Funds Not Implemented - Reps
House Committee warns of deepening ecological devastation in Niger Delta as Petroleum Industry Act environmental funds remain unimplemented four years after passage. Urgent action needed.
N1.65trn PIA Funds Denied to Niger Delta
House Committee exposes how Niger Delta lost N1.65 trillion in environmental cleanup funds due to PIA implementation failures. Lawmakers demand immediate action.
Reps query non-implementation of PIA environmental funds
House of Representatives committee warns of deepening ecological crisis in Niger Delta as ₦1.65 trillion environmental funds remain unimplemented four years after PIA enactment. Urgent action needed.
Petrol Workers Applaud NNPCL Health Insurance Scheme
NNPC filling station workers commend new health insurance scheme covering 7,000 employees. Workers urge NUPENG to conduct elections and private marketers to follow NNPCL's example.
SERAP: DSS unlawfully invaded our Abuja office
SERAP reaffirms DSS unlawfully invaded its Abuja office in September 2024. The organization provides evidence of false identities and unmarked vehicles used during the intrusion.
Scientific Research Guides Nigeria's Oil Production
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
Army recovers 109,000 litres of stolen petroleum products
Nigerian Army's 6 Division deactivates 7 illegal refining sites, recovers stolen crude oil and AGO worth over N150 million in Niger Delta operations. Support the fight against oil theft.
Dangote Refinery to Fine Marketers Over Leaking Trucks
Dangote Petroleum Refinery warns marketers against leaking fuel tankers, threatening fines and suspension. Safety concerns rise amid Nigeria's tanker explosion crisis claiming hundreds of lives.
Nigeria's Petroleum Reforms Earn Continental Recognition
Pan African Parliament commends Nigeria's petroleum sector reforms and PIA implementation. Nigeria's oil production rebounds to 1.7 million barrels daily, becoming Africa's benchmark for oil governance.
Gas explosion kills many in Ibadan
A tragic gas explosion in Ibadan's Bioku-Alaadun area has claimed multiple lives and damaged properties. Emergency services are on site. Learn more about the incident and crucial safety measures.
Reps Probe 17 Years of Power Sector Investments
Nigerian House of Representatives launches a full-scale investigation into all power sector investments and reforms from 2007 to 2024, vowing to correct 17 years of failure.
IPMAN Warns of Fuel Crisis Over NMDPRA Debt Delays
IPMAN alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
Tinubu suspends 15% tariff, breaks 26-year monopoly pattern
President Tinubu's suspension of 15% tariff on petrol and diesel marks historic shift from monopoly control. Nigerians celebrate people-centered leadership after 26 years of economic dominance.
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