Nigeria Offers 40 Oil Blocks to Foreign Investors as NUPRC Opens Bid
The Federal Government will open its bidding portal for 40 oil and gas blocks on November 20, 2026, as part of a fresh push to attract global capital into the country’s upstream sector. Nigeria is presenting itself as a more secure and competitive…
Kenya Tribunal Clears Legal Hurdle For Dangote’s $16bn Lamu Refinery
Kenya’s Public Private Partnerships Petition Committee has dismissed a challenge to Nigerian billionaire Aliko Dangote’s planned $16 billion oil refinery in Lamu County, according to a report by CEOWORLD Magazine. The committee ruled that the Consumers…
NNPC Raises Petrol Price to ₦1,405 Per Litre as Transporters Hike Fares Nationwide
The Nigerian National Petroleum Company Limited, the state-owned oil company. has raised its pump price for petrol to ₦1,405 per litre at its retail stations nationwide, deepening frustration among commuters and transport workers who had briefly…
Why we shut down our petrol stations in Kebbi – IPMAN descries
By Kabir Dan-Katsina, Birnin Kebbi The Kebbi State Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has debunked the narrative of closing some of its filling stations due to the current reduction of pump price by the Federal…
Valuechain 9th Annual Lecture is 47 Days Away
AEW2026: African Energy Leaders Call for Action on South-South Oil & Gas Partnerships African and Caribbean energy leaders called for stronger cross-border investment, technology transfer and enforceable local-content requirements to ensure emerging…
Its Margin Discount, Not Subsidy – FG Explains
By Saidu Abubakar According to the Federal Government, the Nigerian National Petroleum Company’s 30-day reduction in the price of petrol is NOT subsidy but margin discount, explained Finance Minister, Taiwo Oyedele. What happened: October 1, 2026,…
Motorists Lament Accessibility To Petrol Discount At NNPC Filling Stations
Many motorists say they are yet to get the discount in pump price of petrol at the Nigerian National Petroleum Company (NNPC) Limited filling stations. The motorists attributed the reason to not having the NNPC Limited mobile application, saying the oil…
Petrol Subsidy Won’t Return – Presidency Declares, Knocks ADC, NDC
The Presidency has ruled out the possibility of restoring petrol subsidy, insisting that the Federal Government’s 30-day petrol discount at Nigerian National Petroleum Company Limited (NNPC) retail stations is a temporary relief measure and not a return…
Petrol Subsidy: The Tinubu Government Now Clutching On Straws
By Uche Diala After weeks of shopping for and cooking a response to the master stroke Atiku production subsidy plan, today, we heard what the Tinubu administration has managed to come up with after nearly 4 years and it is an insult. Read your Minister…
Hardship: FG proposes N1,350 ceiling for petrol ex-gantry price
The Federal Government is planning to negotiate a ceiling of N1,350 per litre on the ex-gantry cost of petrol in a move aimed at shielding pump prices from fluctuations in global crude oil prices and exchange rates. Taiwo Oyedele, Minister of Finance and…