The federal government has postponed the planned petrol subsidy removal till further notice due to “high inflation and economic hardship”. Subsidy or under-recovery is the underpriced...
There is a provision in the Petroleum Industry Act that gives room for individuals to acquire stakes in the new Nigerian National Petroleum Company Limited, the...
The federal government says the Nigerian National Petroleum Corporation (NNPC) will cease to exist within the next six months as specified by the Petroleum Industry Act...