General Oil and Gas

Five Rivers Oil Communities Protest Lack of Transparency in Host Development Trust

Five oil producing communities in Ogba/Egbema/Ndoni Local Government Area of Rivers State have accused the Board of Trustees of the Egi Igburu Host Community Development Trust of failing to ensure transparency and accountability in the management of funds meant for community development. The affected communities, Egita, Akafta, Ohiuaga, Ikiri and Obite, alleged that despite benefiting

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General Oil and Gas

Activist Raises Alarm Over Alleged Resumption of Oil Activities in Ogoniland

An activist and Convener of the Ogoni Development Drive, ODD, Solomon Lenu, has raised concerns over what he described as the illegal resumption of oil exploration activities by the Federal Government in Ogoniland. Lenu, who spoke to Today FM’s Preye Izogu, alleged that there are indications that Renaissance Oil Company, which acquired Shell’s onshore assets,

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Judiciary General Oil and Gas

SERAP Sues NNPCL Over Alleged Failure to Account for ₦211 Trillion

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over its alleged failure to explain and account for more than ₦211 trillion recorded in the company’s 2023 audited financial statements. The suit, marked FHC/ABJ/CS/1427/2026, was filed last week before a Federal High Court in Abuja.

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Environment General Oil and Gas

Niger Delta Communities Demand Urgent Ecological Restoration of Polluted Environment

By Olawale Sanusi Communities across the Niger Delta have called for urgent ecological restoration of polluted lands and water bodies, urging governments and stakeholders to move beyond documenting environmental degradation and focus on rebuilding livelihoods and restoring damaged ecosystems. The call was made at a one-day Community Assembly organised by Oilwatch International in Port Harcourt

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Oil and Gas General

Dangote Refinery Resumes Petrol Sales in Naira, Raises Ex-Depot Price

Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS), also known as petrol, in naira after a week-long suspension, ending uncertainty in the downstream petroleum sector over its temporary shift to dollar-denominated sales. Checks indicate that the refinery has increased its ex-depot (gantry) price to ₦1,215 per litre, up from the previous

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Oil and Gas General

Expert Warns Against Dangote Refinery’s Planned Dollar Pricing

An energy expert, Dr. Joseph Obele, has warned that Nigeria’s inflation could worsen if the Dangote Refinery begins selling petroleum products in United States dollars. Dr. Obele said pricing locally refined petroleum products in foreign currency would increase the cost of doing business, weaken the naira and deepen poverty across the country. He urged the

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General Oil and Gas

Conscience of Ogoni People Rejects Fresh Conditions for Oil Resumption

The leadership of the Conscience of Ogoni People has criticised fresh conditions reportedly set by a faction of the Movement for the Survival of the Ogoni People (MOSOP) ahead of the planned resumption of oil exploration in Ogoniland. The factional President of MOSOP, Andah Wai-Ogosu, had called on the Federal Government to fully fund the

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Community General Oil and Gas

MOSOP Lists Conditions for Oil Production Resumption in Ogoniland

The Movement for the Survival of the Ogoni People (MOSOP) has outlined conditions it says must be met before oil production can resume in Ogoniland. MOSOP President, Andah Wai-Ogosu, called on the Federal Government to unbundle OML 11 to enable Ogoni people to form cooperatives and participate directly in oil exploration in line with the

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Economy General Oil and Gas

Dangote Refinery Begins Free Petrol Delivery to Six States, FCT

Dangote Petroleum Refinery has commenced free delivery of Premium Motor Spirit (PMS), popularly known as petrol, to six states across Nigeria and the Federal Capital Territory, Abuja. The refinery said the initiative is aimed at improving fuel distribution and ensuring easier access to petrol in the affected locations. Despite the free delivery service, the refinery

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Oil and Gas General

FG Meets Dangote Refinery, Marketers to Push for Lower Petrol Prices

The Federal Government has convened a closed-door meeting with the management of the Dangote Petroleum Refinery, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), and other key downstream stakeholders as part of efforts to reduce the pump price of petrol nationwide. The meeting, held at the Abuja headquarters of the Nigerian Midstream and

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