NUPRC Raises Oil Production to 1.84 Million Barrels, Eyes Two Million Target
The Nigerian Upstream Petroleum Regulatory Commission has raised daily oil production to 1.84 million barrels, a development that aligns fully ...
Tag: Petroleum Industry Act
Nigeria Tightens Grip on Oil Revenues, Reviews PIA Rules
The federal government has initiated a sweeping overhaul of petroleum revenue management, with Finance Minister Wale Edun signaling a potential ...
Technical Team to Finalize Oil Remittance Rules
The Federal Government has officially approved a strategic transition period for the implementation of direct petroleum revenue payments into the ...
Federal Revenue Centralization: Executive Order Targets NNPC’s Fiscal Autonomy
In a decisive move to consolidate Nigeria’s oil and gas earnings, President Bola Tinubu has signed a new executive order ...
Petroleum Industry Act Slashes Risk Premium for Upstream Investors
Nigeria’s landmark Petroleum Industry Act (PIA) has fundamentally altered the continent’s energy landscape by significantly reducing the risk premium demanded ...
Oil Shortfalls Force Nigeria To Borrow More
For decades, Nigeria’s economic narrative has been inextricably linked to the fortunes of crude oil. As the nation’s primary source ...
₦12.25 Trillion Generated: Southwest Group Praises Tinubu’s Oil and Gas Overhaul
A citizens' advocacy group operating under the banner of the Citizens Connect Conference has publicly applauded President Bola Ahmed Tinubu's ...
