Nigeria’s Oil Export Earnings Decline to $12.1bn   Nigeria’s crude oil export earnings slumped to $12.1 billion in Q2, 2024 as against $12.4 billion in the preceding Q1, reflecting the decline in domestic crude oil production to 1.27 million barrels per day in Q2, 2024 from...

Affordable Fuel is Possible at Zero Subsidy By Aliyu U. Tilde I listened attentively to a panel of experts and stakeholders on the BBC program Ra’ayi Riga, anchored by Umaima Sani Abdulmumin. The program ended with a big doubt in my mind regarding a matter purported...

Oil Producers Not to Blame for Fuel Price Hike in Nigeria - OPEC The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has said that oil producers are not responsible for the hike in fuel prices in Nigeria. According to OPEC,...

New Production of Low-sulphur Crude Rises 996,070 barrels, Says FG The Federal Government has revealed that daily average production of Utapate, Nigeria’s new low-sulphur crude oil grade, has risen to 32,000 barrels per day. It disclosed this in a report obtained on Wednesday from the Nigerian...

Cabinet Reshuffle: Time for Tinubu to Sack Himself By Lawal Dahiru Mamman “The primary responsibility of leadership is catering for and promoting its people to the end so that they may live a full and happy life." That was vintage late sage, Chief Obafemi Awolowo, in his...

OPEC Clocks 64, Lauds Nigeria, Tinubu’s Support The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has expressed deep gratitude to Nigeria and President Bola Tinubu for their unwavering support of the organization since Nigeria joined in 1971. In a message...