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2027: NUJ-NAN Press Week to examine politics, petroleum and Nigeria’s economic future

The Nigeria Union of Journalists (NUJ), News Agency of Nigeria (NAN) Chapel, Lagos, is set to use its 2026 Press Week to examine the impact of politics on Nigeria’s oil and gas industry and the wider economy ahead of the…

Nigeria’s refining contradiction: Local fuel, global exposure

Why world-class refining capacity has not yet delivered stable supply, reduced currency risk or a coherent downstream market [By Sola Adebawo] Nigeria now hosts one of the world’s largest single-train refineries, yet it continues to depend on petrol imports whenever…

Insecurity, fiscal chaos threaten Tinubu’s reform gains

Nigeria’s struggle to contain insecurity is emerging as a threat not only to President Bola Tinubu’s political survival ahead of the 2027 presidential election, but also to the economic rationale underpinning his administration’s painful reform programme. The central question increasingly…

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…

FG, NLNG strike new partnership to deepen Nigeria’s gas economy, drive Train 7 completion

The Federal Government and the Nigeria Liquefied Natural Gas (NLNG) Limited have declared a strengthened partnership to accelerate the development of Nigeria’s gas industry, with a specific commitment to propel the company’s ongoing Train 7 expansion project to completion. The…

PETROAN urges Rivers to copy Lagos’ CNG roadmap, cut transport costs

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Rivers State Government to urgently develop a comprehensive Compressed Natural Gas (CNG) programme to reduce transportation costs, attract investment and unlock the economic value of the state’s…

Seplat urges firms to morph sustainability from CSR to core business strategy

Africa-focused energy independent Seplat Energy Plc has credited the prioritisation of sustainability as a core business strategy with strengthening its ability to manage risks, improve decision-making and create long-term value across its operations. Seplat also urged other businesses to move…