Tag: Crude Oil
Over $30bn expected from non-oil exports in next 10 years –...
The Nigerian Export Promotion Council (NEPC) has said that Nigeria will do away with dependence on crude oil revenue in the next 10 years...
Minister promises Nigerians hard times as crude oil crosses $60 per...
As crude oil price climbs above $60 per barrel in the international market, the minister of state for petroleum resources, Mr. Timipre Sylva has...
Fuel price slash: Nigerians shortchanged N3.3bn daily – Report
For pegging the pump price of petrol at N125 per litre, the federal government would be shortchanging Nigerians to the tune of N3.3 billion...
Nigeria produced 692m barrels of crude oil in 2017 ― NEITI
The Nigeria Extractive Industries Transparency Initiative
(NEITI) has said in its latest report that the country produced 692 million
barrels of crude oil in 2017.
NEITI...
Crude oil discovered in commercial quantity in Uruan
Ime Akpan
The governor of Akwa Ibom State, Mr. Udom Emmanuel has said
that crude oil had been discovered in commercial quantity in Uruan local
government area...
Over N230.4b made from crude oil sales in October 2018 –NNPC
The federal government earned more than N230, 400, 000, 000
($640.35m) from the export of crude oil and gas in October 2018.
The Nigerian National Petroleum...
$12.7bn worth of crude oil stolen in three years–Falana
Lagos lawyer and human rights advocate, Mr. Femi Falana has alleged that Nigeria lost $12.7bn to crude oil thieves between 2011 and 2014.
Falana who...
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