The Centre for Anti-Corruption and Open Leadership (CACOL) has strongly opposed the Federal Government’s proposed plan to introduce a 5% tax on petrol. CACOL warned that such a move would deepen the economic suffering of Nigerians. In a statement signed…
The Economic and Financial Crimes Commission (EFCC) has directed the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, to report at its Abuja headquarters daily as part of ongoing investigations into the…
Barely 48 hours after suspending its nationwide strike, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused Sayyu Aliu Dantata of breaching an agreement reached with government officials on workers’ right to unionise. In a statement jointly…
The Speaker of the House of Representatives, Abbas Tajudeen, has described the solid minerals sector as a critical driver of Nigeria’s economic diversification, insisting that developing the sector is an imperative, not an option. Speaking at a public hearing on…
The Federal Government has scrapped the 5% excise duty previously imposed on telecommunications voice and data services. The National Orientation Agency (NOA) announced the revocation in a statement on Thursday, saying the decision is aimed at easing cost pressures on…
The Economic and Financial Crimes Commission (EFCC) is currently interrogating former Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, over allegations of financial misconduct linked to a $7.2 billion refinery turnaround maintenance project. Sources within…
The Nigerian National Petroleum Company Limited (NNPC) has renewed its call to international investors to explore the vast opportunities in Nigeria’s energy sector. Group Chief Executive Officer of NNPC, Bayo Ojulari, made the appeal during an interview with NBC’s Hala…
The national electricity grid suffered another collapse on Wednesday, plunging parts of the country into blackout. In a notice issued on September 10, 2025, the Abuja Electricity Distribution Company (AEDC) confirmed the incident via its official X handle. According to…
The Federal Ministry of Works has rolled out a funding prioritisation framework to safeguard the completion of strategic road projects earlier financed by the Nigerian National Petroleum Company Limited (NNPCL) under the Road Infrastructure Development and Refurbishment Investment Tax Credit…
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have deepened their collaboration to enforce tax compliance and protect national revenue. FIRS Executive Chairman, Dr. Zacch Adedeji, led a team to the EFCC headquarters in…
KBL Insurance Limited has reiterated its commitment to expanding compulsory insurance coverage in Nigeria, following President Bola Ahmed Tinubu’s assent to the Nigeria Insurance Industry Reform Act (NIIRA) 2025. The landmark law, regarded as a cornerstone of the Federal Government’s…
Minister of Information and National Orientation, Mohammed Idris, has described President Bola Ahmed Tinubu’s suspension of raw shea exports as a visionary step designed to transform Nigeria into a global leader in value-added shea products. Speaking at the 20th Northern…
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has called off its two-day strike after reaching an agreement with the Dangote Group on Tuesday. NUPENG’s National President, Williams Akporeha, confirmed the development, disclosing that the Dangote refinery management,…
Former Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has disclosed that the late President Muhammadu Buhari once threatened to relieve him of his duties if his push to end petrol subsidy turned out unsuccessful. Kachikwu, who served as…
Efforts to resolve the escalating conflict between Dangote Refinery and oil workers’ unions collapsed yesterday, deepening concerns of a nationwide fuel supply disruption. Talks involving the refinery management, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), and…