An ex-militant leader in the Niger Delta, Asari Dokubo, has alleged that the Nigerian Army, Navy, and cabal are behind 99 percent of oil theft in the country.
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The four tripartite MoUs were signed between the Nigerian National Petroleum Company Limited (NNPC) and the Office National des Hydrocarbures et des Mines (ONHYM) of Morocco on one hand, and the Société Nationale des Opérations Pétrolières of Cote d’Ivoire (PETROCI), the National Oil Company of Liberia (NOCAL), the Société Nationale des Hydrocarbures of Benin (SNH-Benin), and the Société Nationale des Pétroles of the Republic of Guinea (SONAP) on the other hand, Garba Deen Muhammad, the Chief Corporate Communications Officer of the NNPC Limited, said in a statement.
Former President, Nigeria Liquefied Petroleum Gas Association (NLPGA), Mr Nuhu Yakubu, has attributed the decrease in the retail price of cooking gas in the country to the fall in price of the product at the international market.
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Federal Government to institute reforms in the oil and gas sector, to improve Nigeria’s balance of trade.
President Bola Ahmed Tinubu has directed the National Economic Council (NEC) , led by Vice President Kashim Shettima, to begin the process of providing interventions to ameliorate the impact of removal of subsidy on fuel on the people.
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Wednesday in Abuja pledged its support for Federal Government’s removal of fuel subsidy.
Bolts drivers in Calabar have announced a three-day nationwide withdrawal of their services to demand an upward adjustment in both their bonus and fare.
President Bola Tinubu has met with Nigerian major oil marketers over the removal of fuel subsidy.
A political pressure group based in the north, Arewa New Agenda (ANA) yesterday threw its weight behind the recent policy proclamation by President Ahmed Bola Tinubu, which declared an end to the subsidy regime in Nigeria.
The Independent Petroleum Manufacturers Association of Nigeria (IPMAN) has endorsed the use of Compressed Natural Gas (CNG) as an alternative energy source to cushion the effect of subsidy removal.