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Monopoly war: Dangote declares supply ban on major marketers
After losing its war against government’s policy on deregulation and liberalization of the domestic petroleum industry, Dangote Refinery is working to cut off its key competitors from supply of its fuel products. The move which would likely exacerbate fuel imports…
Seplat expands STEP programme, trains 500 Edo teachers
Nigeria’s leading indigenous independent energy company, Seplat Energy Plc, has reaffirmed its commitment to strengthening the quality of education through sustained investment in teacher development, announcing plans to train 500 teachers across Edo State under its 2026 Seplat Teachers Empowerment…
Oil firms register 172 Host Community Trusts, record improved stability
NUPRC to probe SEEPCO-Anambra Dispute The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that 172 Host Communities Development Trusts (HCDTs) have been established and registered by oil and gas operators across the country under the Petroleum Industry Act (PIA)….
Multiple taxation: FG stokes concerns with $300 Helicopter Levy on petroleum operators
Despite persistent concerns in Nigeria’s petroleum industry over the growing burden of taxes, levies, fees and other statutory charges imposed on operators, the Federal Government has approved a fresh $300 levy on helicopter operations, raising new questions about the cost…
