Human rights lawyer, Femi Falana, says it is illegal for the Nigeria National Petroleum Company Limited…
Category: OIL&GAS
PETROAN Says Landing Cost Possible Cause Of Fuel Price Increase In Nigeria
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the hike in the pump…
CNG Conversion: FG Finally Unveils Payment Plan Portal
The Federal Government has opened a payment plan application portal for Nigerians intending to convert their…
Lokpobiri Denies Report Directing NNPCL To Stop Running Own Refineries
● Says govt does not control or run national oil company The Federal Government on Tuesday,…
Nigeria Officially Commences Crude Oil Sales In Naira
Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the…
FULL LIST: FG Exempts Gas Generators, CNG/LPG Dual Fuel Vehicles, 61 Others From VAT
The Federal Government says 63 items have been exempted from Value-Added Tax (VAT). Taiwo Oyedele, the…
Biden Warns Israel Against Striking Iran’s Oil Facilities
The President of the United States (US), Joe Biden has advised Israel to avoid targeting Iran’s…
Naira-for-Crude Deal Fails To Materialize As October 1 Deadline Lapses
There are indications that the supply of crude oil in naira by the Nigerian National Petroleum…
Nigeria to conform to OPEC’s 1.5mbpd production quota
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said Nigeria would conform to…
FG Suspends VAT On Cooking Gas, Diesel
The Federal Government has announced the provision of new tax reliefs for deep offshore oil and…