Mele Kyari, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), says Nigerians should be paying at least N256 per litre for petrol. Mr Kyari disclosed this at a stakeholders meeting organised by the NNPC to stop fuel smuggling. Commenting on the current PMS and subsidy payment, Mr Kyari[Read More…]
Tag: national
I will never restructure Nigeria, you’re naive, ignorant of war – Buhari tells agitators
President Muhammadu Buhari has vowed that his administration will not restructure the country. Buhari warned that those agitating for separation and canvassing for restructuring are naive and ignorant of war. The President stated this on Saturday when he spoke as a Special Guest of Honour during the Launch of Kudirat[Read More…]
NDLEA intercepts over N2bn worth of illicit drugs at Lagos airport
Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted illicit drugs worth over N2billion at the Murtala Mohammed International Airport, MMIA, Ikeja, Lagos and three suspected traffickers arrested. One of the suspects, Aniede Chimezie Bright was arrested on Sunday 28th March 2021, during the outward clearance of passengers[Read More…]
NNPC, IDSL Chart Path to Achieving $10 Production Cost by 2021
The Nigerian National Petroleum Corporation (NNPC) and its subsidiary, the Integrated Data Services Limited (IDSL) said they are continuing the search towards attaining a $10 per barrel production cost with the deployment of several cost-cutting measures. The Chief Operating Officer, Upstream, NNPC, Mr Adokiye Tombomieye and the Managing Director of[Read More…]
NERC adjourns TCN presentation on spinning reserve
The Nigerian Electricity Regulatory Commission (NERC) Wednesday adjourned its session on the Transmission Company of Nigeria (TCN) to next Monday because the Market Operator (MO), Engr. Edmund Eje, who made the presentation, was not detailed. The session was to deliberate on the tariff for the spinning reserve for the national[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]