Nigeria Signs MoU On Gas Supply To Equatorial Guinea   Nigeria and Equatorial Guinea on Tuesday signed a Memorandum of Understanding for the supply of gas from Nigerian offshore fields to Equatorial Guinea gas processing facility at Punta Europa. Speaking at the MoU signing ceremony in Abuja,...

W/Bank Upgrades Nigeria’s Economic Growth Forecast To 1.8%       The World Bank yesterday upgraded its economic growth forecast for Nigeria in 2021 to 1.8 per cent, citing higher oil prices, structural oil sector reforms, and market-based flexible exchange rate management. This represents a 0.7 percentage point increase...

Nigeria Parleys Equatorial Guinea On Gas Export       Officials of Nigeria’s Federal Ministry of Petroleum Resources have held a meeting with officials of the Ministry of Mines and Hydrocarbons of Equatorial Guinea partly to expedite action on the supply of gas from Nigeria. According to a statement,...

Supply Of Nigeria’s LPG Rises By 34.7% In 11 Months         The supply of Liquefied Petroleum Gas, LPG, also known as cooking gas, has increased to 793,000 metric tonnes, MT in the first 11 months of 2020. Information available to Energy Vanguard showed that domestic supply stood...

Oil Exploration Activities Decline, Threaten 40bn Reserves Target           Nigeria has recorded a significant 19.3 per cent decline in the level of oil exploration in the first 10 months of this year, a development which may be threatening the Federal Government’s plan to restore growth in...

On Africa's Policy for Agricultural Transformation By Saliu Bashiru     The Comprehensive Africa Agricultural Development Program (CAADP) is Africa's Policy Framework for Agricultural Transformation, Wealth Creation, Food- Security and Nutrition, economic growth and prosperity for all. In 2003, the African Union (AU) assembly of head of States and...