President Tinubu Orders NNPC to Supply Dangote with Crude in Local Currency

President Bola Ahmed Tinubu has made a significant move to stabilize Nigeria’s economy by directing the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to the Dangote Refinery in Naira. This directive aims to bolster the local currency and mitigate the volatility in the pump price of refined fuel and the Dollar-Naira... Read More

Oil Theft Probe Launched by Reps: Determined to Uncover Root Causes

House of Representatives Launches Probe into Oil Theft in Nigeria On Thursday, the House of Representatives Special Committee on Oil Theft and Losses commenced an investigation into the illegal lifting of crude oil in Nigeria to address the root causes of the challenges facing the sector. The Special Committee, chaired by Alhassan Ado-Doguwa, representing... Read More