Stakeholders Push for Boost in Local Oil Output Amid Global Turmoil There is renewed demand from stakeholders to ramp up domestic production capacity, as rising global oil prices triggered by the Middle East conflict, mounting public debt, and increased government spending have intensified pressure on...

Global Oil Surge Pushes Daily Petrol Subsidy To N8.28bn   The rapid rise in global oil prices to record highs has pushed the subsidy cost being incurred by the Federal Government to N8.28bn daily, an analysis of data collated by our correspondent has shown. The data also...