Tag: Oil Revenue

The Nigerian National Petroleum Company has reported a significant 60 percent increase in remittances to the Federation Account, reaching N2.88 ...

Nigeria remains one of the Organisation of Petroleum Exporting Countries’ most resource-rich members, but new data from the group’s 2026 ...

Nigeria is expected to earn an additional N6.8 trillion in oil revenue in 2026, driven by rising global crude oil ...

Despite being major beneficiaries of the oil revenue windfall, all six south-south states failed to meet the 26 per cent ...

The Senate, through its committee on Public Accounts, has set April 29, 2026, as the deadline for the management of ...

Nigeria's oil revenue inflows rose sharply in February following the implementation of Executive Order 9 signed by President Bola Tinubu, ...

The Nigerian Economic Summit Group (NESG) has projected that rising geopolitical tensions in the Middle East could deliver a major ...

The federal government has initiated a sweeping overhaul of petroleum revenue management, with Finance Minister Wale Edun signaling a potential ...

The Federal Government has officially approved a strategic transition period for the implementation of direct petroleum revenue payments into the ...

The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has criticised the Federal ...