Nigeria’s Crude Oil Production Crashes To 900,000 Per Day
Nigeria’s crude oil revenue has continued to slump as the Organization of the Petroleum Exporting Countries (OPEC) newly released Monthly Oil Market Report for September revealed that the country’s crude oil output fell to 900, 000...
Nigeria, Morocco Commence 5,600km Gas Pipeline Project
The Nigerian National Petroleum Company Limited and the Office National des Hydrocarbures et des Mines of Morocco, on Thursday, signed the Memorandum of Understanding for the commencement of construction of the 5,600km Nigeria-Morocco gas pipeline.
NNPC said the much-awaited...
Libya, Angola Overtake Nigeria In Crude Production – OPEC
Nigeria’s oil production plunged to 972,000 barrels per day in August 2022, as Angola and Libya overtook Nigeria by producing higher volumes of crude during the review month, the Organisation of Petroleum Exporting Countries (OPEC) has...
Organisation Seeks Partnership to Accelerate SDGs Action-plan, Policies in Nigeria
The Global Compact Network Nigeria, has called for private sector partnership to accelerate the action-plan and policies for the Sustainable Development Goal (SDG) in the country.
This is contained in a statement by Mrs Soromidayo George,...
Osinbajo Says Debt-for-climate Initiative Will Reduce Nigeria’s Debt Burden
The Vice President of Nigeria, Prof. Yemi Osinbajo, has said the Federal Government will reap a huge debt relief from some creditors in dollars if Nigeria’s idea for a Debt-for-Climate swap deal is widely accepted.
A statement...
Nigeria's Non-Oil Export As The Country's New Lifewire, by Musa Ilallah
Even though Nigeria is well diversified in terms of people, culture, resources, and government revenue expectations, for many years now Nigeria has become almost totally dependent on the oil sector for its domestic and...
