Host Communities Of Nigeria Producing Oil And Gas
Femi Gbajabiamila says Nigeria loses 400,000 barrels of crude daily. The lawmaker made the disclosure during a public hearing on oil theft on Tuesday, March 10.
The collapse of a long-time alliance between two of the world's oil-rich nations, Saudi Arabia and Russia has lead to a crash in oil prices. Since 2016, both countries have worked together to control output and support prices.
Nigerian business guru and philanthropist Femi Otedola on Wednesday, February 19, gave a situation report on Aliko Dangote’s multi-billion-dollar refinery and petrochemical unit after visiting the site.
Gwamnatin Tarayya ta yi babbar rashi a mugun hadarin da aka yi a Kaduna. Idan ba ku manta ba a jawabin da gwamnatin Kaduna ta fitar ta bakin Kwamishinan tsaro da harkokin gida, an yi hadarin gas a Sabon Tasha.
Lai Mohammed, the minister of information and culture, has said that for the first time under the amended law, 200 million Nigerians would start to receive a fair return on the surfeit of resources of the nation’s lands.
Some communities hosting oil and gas in Rivers have written a letter to President Muhammadu Buhari demanding that the 13% derivation accruing to them should henceforth be paid to them directly rather than to the state government.