49 h. ago Firm to unveil survey on Nigeria’s oil, gas reforms April 17

A research and advocacy organisation, Good Governance Africa, is set to host a high-level dialogue on Nigeria’s oil and gas sector reforms, as part of its ongoing efforts to promote good governance and sustainable development across Africa’s largest economy. The event, scheduled for April 17 in Lagos, will feature the public presentation of survey findings Read More

Politics

68 h. ago Nigeria’s oil reserves hit 37.28n barrels, gas reserves reach 210.54 TCF – NUPRC

From Adanna Nnamani, Abuja Nigeria’s total proven and probable (2P) crude oil, condensate, and gas reserves as at January 1, 2025, have been pegged at 37.28 billion barrels and 210.54 trillion cubic feet (TCF) respectively. This was according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The figures, contained in a […] The post Nigeria’s oil reserves hit 37.28n barrels, gas reserves reach 210.54 TCF – NUPRC appeared first on The Sun Nigeria.

Politics

2 d. ago “Develop Your Lands In Two Years Or Lose It” – Wike Warns Abuja Landowners

Minister of the Federal Capital Territory, Nyesom Wike, has said that landowners might lose their properties to government over failure to develop it after two years. Speaking on Friday in Abuja, Director of Land Administration in the Federal Capital Territory Administration, Chijioke Nwankwoeze, said that the reforms will become operational from April 21, 2025. He […] The post “Develop Your Lands In Two Years Or Lose It” – Wike Warns Abuja Landowners appeared first on Information Nigeria.

Events

3 d. ago Nigeria’s gas reserves hit record 210.5trn cubic feet, to last 93 years

Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, read more Nigeria’s gas reserves hit record 210.5trn cubic feet, to last 93 years- NUPRC

Politics

3 d. ago Nigeria’s Gas Reserves Hit Record 210.5trn Cubic Feet, To Last 93 Years — NUPRC

Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, according to the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe. The development comes amidst efforts by the commission to raise reserves as encapsulated in the Petroleum Industry Act, […]

Politics

4 d. ago Corruption, political interference, undermining impact of govt policies in oil, gas industry, operators cry out

Experts in Nigeria’s oil and gas industry have decried the impact of political interference, corruption as well as weak institutions read more Corruption, political interference, undermining impact of govt policies in oil, gas industry, operators cry out

Politics

5 d. ago Nigeria posts first balance of payments surplus in three years

Nigeria recorded its first balance of payments surplus in three years as reforms including boosting oil and gas production, removing read more Nigeria posts first balance of payments surplus in three years

Politics

6 d. ago NUPENG, PENGASSAN Fault NNPLC’s External Recruitment Process

Organised labour in the oil and gas sector, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have criticised the Nigerian National Petroleum Corporation Limited’s (NNPCL) plans to fill top management positions with externally recruited people. The two unions have expressed their […]

Politics

1 week ago Ojulari’s appointment will bring positive impact to Nigerian oil & gas sector — NAEC

Tribune Online Ojulari’s appointment will bring positive impact to Nigerian oil & gas sector — NAEC Reacting to the news, NAEC, in a statement signed by its Chairman, Ugo Amadi, welcomed Ojulari's appointment, maintaining that the development will positively impact Nigeria's oil and gas sector Ojulari’s appointment will bring positive impact to Nigerian oil & gas sector — NAEC Tribune Online

Politics

1 week ago Lokpobiri vows strong support for indigenous players in oil and gas

By Seyi Babalola During a facility tour of Caverton’s Maintenance, Repair, and Overhaul (MRO) and Training Centre at Murtala Muhammed International Airport, Lagos, Nigeria’s Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, emphasized the critical role of strong support services in the oil and gas sector, particularly as the industry navigates substantial divestment. This […] The post Lokpobiri vows strong support for indigenous players in oil and gas appeared first on The Sun Nigeria.

Politics

1 week ago FG urges oil industry experts to match efforts with tangible investments

The Federal Government has called on International Oil Companies (IOCs) operating in Nigeria to ramp up investments in the country’s oil and gas sector, emphasizing that the administration of President Bola Ahmed Tinubu has provided every necessary incentive to ensure seamless and profitable operations. This was made known in a statement signed by the SA […] The post FG urges oil industry experts to match efforts with tangible investments appeared first on The Sun Nigeria.

Politics

1 week ago Oil & gas stakeholders laud Tinubu on new NNPCL Board, call marching orders for Musa, Ojulari unprecedented

From Taiwo Oluwadare, Ibadan   The Pan Nigerian Oil and Gas Stakeholders on Wednesday commended President Bola Tinubu for taking a significant step toward reforming the Nigerian National Petroleum Company (NNPC) Limited by reconstituting its board and appointing new leadership.   In a press statement issued in Port Harcourt, Rivers State, Engr. Raphael Ajuri, speaking […] The post Oil & gas stakeholders laud Tinubu on new NNPCL Board, call marching orders for Musa, Ojulari unprecedented appeared first on The Sun Nigeria.

Politics

1 week ago BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO

• Targets attracting $30bn in investments by 2027, $60bn by 2030   From Juliana Taiwo-Obalonye, Abuja President Bola Tinubu, in a bold move to reshape Nigeria’s oil and gas sector and restore investor confidence in a more commercially viable entity, has dissolved the board of the Nigerian National Petroleum Company (NNPC) Limited, removing its chairman, […] The post BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO appeared first on The Sun Nigeria.

Politics

1 week ago BREAKING: Tinubu desolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non

• Targets attracting $30bn investments by 2027, $60bn by 2030.   From Juliana Taiwo-Obalonye, Abuja     President Bola Tinubu in a bold move to reshape Nigeria’s oil and gas sector as well as restore investor confidence in a more commercially viable entity, President Tinubu also set ambitious targets for the oil sector under his […] The post BREAKING: Tinubu desolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non-executive chairman appeared first on The Sun Nigeria.

Politics

1 week ago BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non

• Targets attracting $30bn investments by 2027, $60bn by 2030.   From Juliana Taiwo-Obalonye, Abuja     President Bola Tinubu in a bold move to reshape Nigeria’s oil and gas sector as well as restore investor confidence in a more commercially viable entity, President Tinubu also set ambitious targets for the oil sector under his […] The post BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non-executive chairman appeared first on The Sun Nigeria.

Politics

2 w. ago Oil, gas host communities urge Tinubu to intervene in political impasse

From Adesuwa Tsan, Abuja Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have called on President Bola Tinubu to urgently intervene in the ongoing political crisis in Rivers State, citing concerns over its potential impact on the state’s stability and economic contributions to the nation. The political turmoil arising from a power tussle between […] The post Oil, gas host communities urge Tinubu to intervene in political impasse appeared first on The Sun Nigeria.

Politics

2 w. ago Oil and gas host communities urge President Tinubu to intervene in Rivers political crisis

….declares support for reelection of Tinubu in 2027   From Adesuwa Tsan, Abuja   Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have called on President Bola Ahmed Tinubu to urgently intervene in the ongoing political crisis in Rivers State, citing concerns over its potential impact on the state’s stability and economic contributions to […] The post Oil and gas host communities urge President Tinubu to intervene in Rivers political crisis appeared first on The Sun Nigeria.

Politics

2 w. ago NEITI recovers $4.85n from oil and gas industry liabilities 

From Adanna Nnamani, Abuja     The Nigeria Extractive Industries Transparency Initiative (NEITI) said $4.85 billion has been recovered from outstanding payments owed by oil and gas companies, following its industry-wide financial disclosures.      He mentioned however, that while significant progress has been made in recovering funds, unresolved financial liabilities remain a major concern. […] The post NEITI recovers $4.85n from oil and gas industry liabilities  appeared first on The Sun Nigeria.

Politics

2 w. ago Senate to consider Tinubu’s tax reform bills after resumption

The Senate is set to prioritise the consideration and passage of President Bola Tinubu’s tax reform bills upon resumption from its recess on April 29. The four bills, Nigerian Tax Bill, Tax Administration Bill, Revenue Tax Board Bill, and Nigerian Revenue Service Establishment Bill were forwarded by the President as part of efforts to reform Read More

Economics

3 w. ago 10,000 Indians doing Nigerians’ jobs: Why we’ll embark on nationwide strike —PENGASSAN

Tribune Online 10,000 Indians doing Nigerians’ jobs: Why we’ll embark on nationwide strike —PENGASSAN The President of the Trade Union Congress of Nigeria (TUC), who also serves as the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Festus Osifo, sounded a strong warning of a looming strike in the oil and gas industry to both the Nigerian government and Sterling Oil Energy […] 10,000 Indians doing Nigerians’ jobs: Why we’ll embark on nationwide strike —PENGASSAN Tribune Online

Politics