Nigeria Authorized US Strike, Says Foreign Minister Tuggar
Foreign Affairs Minister Yusuf Tuggar confirms Nigeria provided intelligence and authorized the recent US airstrike on terrorist targets. Read the full details of the security cooperation.
Category : Search result: Tinubu administration oil policy
Nigeria ships 33.2m barrels of crude to U.S. in eight months
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
FIRS Hits ₦22.59tn Revenue, New Tax Laws Reshape System
Nigeria's FIRS closes 2025 with a record ₦22.59tn collection, driven by landmark tax reforms and technology. Discover how new laws and digital systems are redefining revenue generation for 2026.
Indigenous Firms Control 50% of Nigeria's Oil, Gas Output
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Dangote, Others Honoured in Downstream Petroleum Awards
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
Prophet Forecasts 'Nemesis Protests' Against Tinubu in 2026
Primate Babatunde Elijah Ayodele unveils his 2026 prophecies, predicting major protests against the Tinubu administration and global security concerns. Read the full details here.
Clerics Release 2026 Prophecy for Nigeria
Prophets Daniel Cyril and Elijah Kofi King foresee 2026 as a year of exposure for secret alliances and corrupt systems in Nigeria, with significant protests and divine judgment. Read the full revelations.
Civil Society Commends NNPC's Ojulari for Oil Sector Turnaround
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
Nigeria's 2026 Budget: N58.47tr Approved, Lower Exchange Rate Set
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
ADC Chieftain Calls Umahi 'Efulefu' Over Igbo Marginalisation
A top ADC stakeholder in Enugu, Comrade Adolphus Ude, has strongly criticised Works Minister Dave Umahi for claiming Igbos are satisfied with Tinubu's government. Ude insists marginalisation has worsened, citing exclusion from major projects. Read the ful
ADC's Ude Criticises Umahi Over Southeast Marginalisation Claims
ADC leader Adolphus Ude counters Works Minister Dave Umahi's claim that Igbos are content with Tinubu's governance, citing exclusion from major projects and appointments. Read the full analysis.
Venezuela Faces Deep Crisis as US Tightens Oil Blockade
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
Trump Announces Naval Blockade Against Venezuela
US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
Trump Orders Naval Blockade of Venezuela Oil Tankers
US President Donald Trump announces a total blockade of sanctioned Venezuelan oil vessels, escalating tensions. Learn the details and potential impact on the global oil market.
CSMR Demands Probe into Kwara Arms Allegations
Rights group CSMR calls for immediate federal investigation into claims linking Kwara State Government to arming bandits, demands Governor AbdulRazaq's suspension. Full details.
Shettima: Tinubu Committed to NIPSS Course 47 Report
Vice President Kashim Shettima reaffirms President Tinubu's commitment to implement the NIPSS SEC 47 report on Blue Economy. Read the full details from the graduation ceremony in Kuru.
Golden Terra Oil Voted Nigeria's Top Healthy Cooking Oil
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
Odumeje Sings Fela's Song to Criticize Nigerian Government
Controversial cleric Prophet Odumeje sparks reactions by performing Fela's protest song 'Palava' during a church service, targeting Tinubu's administration and other leaders. Watch the viral video.
Ogoni Youths Demand Oil Block, Halt to License Bids
Ogoni youths demand an oil block and halt to ongoing bids, insisting on equity and inclusion before resuming oil production in Ogoniland after 30 years.
MASSOB Decries Igbo Politicians' Silence on Kanu
MASSOB condemns Igbo political appointees for not pushing for Nnamdi Kanu's release. The group urges action, citing examples of other freed activists. Read more.
PENGASSAN warns of oil sector brain drain over low pay
PENGASSAN warns Nigeria's oil sector faces a severe brain drain due to low wages and economic hardship. Union President Festus Osifo urges immediate action to close the wage gap and retain skilled workers.
US Firm Withdraws Nigeria's Presidential Jet from Sale
The planned sale of Nigeria's presidential jet hits a snag as the US marketing firm, JetHQ, delists the aircraft. Get the latest details on this developing story.
Group Defends Defence Minister Matawalle Over Old Video
A civic coalition has defended Minister Bello Matawalle against criticism from an old video, citing recent security successes. They urge focus on current performance. Read more.
Presidential Boeing 737-700 Withdrawn from Sales Platform
The Tinubu administration's plan to sell a presidential jet hits a snag as US firm JetHQ delists the aircraft. Get the full story on the government's cost-cutting move.
NNPC's ₦5.4trn Profit Shows Impact of Reforms
NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK Group GETI Praises NUPRC's $10bn Licensing Round
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
NUPRC's $10bn Licensing Round Hailed as Global Transparency Model
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
Shettima Reaffirms Tinubu's Commitment to Press Freedom
Vice President Shettima declares press freedom a non-negotiable pillar of Tinubu's administration at IPI Nigeria conference. He warns a silenced press leads to lost citizen voice.
Pacific Island Office Aids Sanctions-Busting Oil Smuggling
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
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