Top 5 Stories Of The Day | NCC Orders Airtime Compensation for Users with Poor Networks

Fuel Subsidy: A Dive into Nigeria’s Fuel Prices, Scarcity and Nigerians’ Complaints

‘Fuel subsidy is gone,’ President Bola Ahmed Tinubu announced to Nigerians in his inaugural speech on 29 May 2023. From that moment, fuel became the new gold. Tinubu won the election on the promise to renew the hope of the masses. However, it seems like a fluke. Before subsidy removal (May 2023), fuel per litre... Read More

Deep Dive

crude oil, economy, Fuel, fuel scarcity, fuel subsidy, Hiked prices, nigeria, Pump prices, Tinubu

July 30, 2024

Adeleke declared winner #OsunDecides2022; ASUU: NLC set to embark on nationwide solidarity strike | 5 Things That Should Matter Today

Adeleke declared winner #OsunDecides2022 ASUU: NLC set to embark on nationwide solidarity strike WAFCON2022: Super Falcons set to battle Morocco in Rabat Crude Oil prices climb above $100 again Yakubu Maikyau elected as president of the Nigerian Bar Association Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories... Read More

Rankings

#OsunDecides2022, Ademola Adeleke, asuu strike, crude oil, Morroco, Nigerian Bar Association, nlc, PDP, Super Falcons, WAFCON 2022, Yakubu Maikyu

February 24, 2021

Maybe it’s time to finally address the injustices faced by the Niger Delta

In a viral video posted by AIT on Twitter, a militia group from the Niger Delta known as the Supreme Egbesu Liberation Fighters can be heard highlighting their grievances around the under-development of their region, accusing the federal government of marginalising the Niger Delta and failing to deliver on the amnesty program. They have also... Read More

Counter Culture Blog

crude oil, MEND, Niger Delta, Niger Delta militants

March 12, 2020

As Russia & Saudi Arabia fight over oil prices, a poorly prepared Nigeria will suffer

Over the last few years, Nigerians have lived in fear of fluctuating oil prices. Despite the efforts of successive governments to diversify the Nigerian economy and wean citizens and governments at the federal, state and local government levels off their dependency on revenue gained from the sale of Nigeria’s oil, (including drastic measures like the... Read More

Counter Culture Blog

crude oil, nnpc, Oil

October 4, 2017

“Very soon, Nigeria will drink her crude oil” – Ezekwesili

A former minister of education, Oby Ezekwesili has warned against the continued dependence on oil for revenue. Ezekwesili said this while speaking on Tuesday at the 2017 civil engineering conference organised by the Abuja chapter of the Nigerian Institution of Civil Engineers (NICE). Highlights: Major oil producing countries are already putting in place measures to... Read More

The News Blog

crude oil, diversification, Oby Ezekwesili, oil sector, Okechukwu Eluogu

September 14, 2017

Crude oil “is getting its last years” – Kachikwu

The Minister of State for Petroleum Resources, Ibe Kachikwu says will no longer be an income resource in 10 years’ time – considering the world is moving away from oil. Dr Kachikwu said this in Abuja on Thursday while answering questions on “His Outlook for the Commodity in 2018”, Vanguard reports. According to him, 2018 looks like a... Read More

The News Blog

crude oil, diversification, Ibe Kachikuwu

September 13, 2017

Nigeria’s oil will no longer be profitable in a few years – Osinbajo

Vice-President Yemi Osinbajo on Tuesday said Nigeria’s crude oil will no longer be highly useful in the future. He spoke during the Second National Council on Niger Delta, NCND, meeting held in Akure. He said, “Many countries are getting alternatives to oil, the development which would make the resource unprofitable in a few years.” Osinbajo... Read More

The News Blog

crude oil, nigeria, profitable, Yemi Osinbajo

August 23, 2017

Forged crude oil allocation letters in circulation – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said some fraudsters are circulating forged letters of crude oil allocation with the intent of defrauding unsuspecting buyers or members of the public. NNPC’s Group Managing Director, Dr. Maikanti Baru disclosed this while speaking at the presentation of commendation letters to 12 personnel of the Crude Oil... Read More

The News Blog

allocations, crude oil, forged letters, fraudsters, nnpc

August 4, 2017

Mini refineries will be legalised, supplied with crude oil – FG

Nigeria will reportedly legalise currently outlawed mini refineries in the Niger Delta oil hub by the end of 2017, and supply them with crude at a reasonable price. The presidency said this on Thursday, fulfilling demands from Niger Delta leaders. “The Federal Government has started the process of replacing illegal refineries in the region with... Read More

The News Blog

crude oil, Ibe Kachikwu, mini refineries, Niger Delta

July 26, 2017

Waziri Adio: The need to stop eating with ten fingers

by Waziri Adio A popular saying admonishes us not to eat with ten fingers. This axiom is not a homily about table manners. It is a metaphor about the virtue of living prudently. A more prosaic rendering will go like this: save a portion of your earnings for the possibility of emergencies in the here... Read More

Opinion

crude oil, ECA, Goodluck Jonathan, NEITI, olusegun obasanjo, Ten fingers, Umaru Yar'Adua, Waziri Adio

June 6, 2017

$15bn worth of crude excluded in NNPC’s report, Reps insist

The House of Assembly on Monday insisted that crude oil worth $15bn was excluded in the report of the Nigerian National Petroleum Corporation for its 2011 to 2014 transactions. The lower chamber had set up a committee to investigate an alleged theft of $17bn crude oil and gas resources. Chairman of the committee, AbdulRazak Namdas... Read More

The News Blog

$15bn, crude oil, missing, NNPC report

June 1, 2017

Opinion: The Niger Delta mentality that must go

by Owutu TamaraKuro Like lots of Nigerians, I read about the arrest and subsequent prosecution of Mr George Turner, a former special adviser to Dan Abia, erstwhile managing director of the Niger Delta Development Commission and also a political ally of Ex-President Goodluck Jonathan. Mr George Turner is facing a 12 count charge bordering on... Read More

Opinion

crude oil, George Turner, Niger Delta, Niger Delta Development Commission, nigeria, opinion

March 16, 2017

IBB university discovers crude oil deposit in Bida basin

by Azeez Adeniyi The Head of Research and Development, Ibrahim Badamasi Babaginda (IBB), Niger State Prof. Nuhu Obaje, on Thursday said the institute has discovered large quantity of crude oil deposit at Bida Basin. Obaje said this at the exhibition of raw materials and local products, held at Landmark Centre, Victoria Island. He said the... Read More

The News Blog

Bida Basin, crude oil, deposit, discover, IBB University

March 9, 2017

Save the Naira by adopting Jonathan’s crude oil swap, Okupe advises Osinbajo

Former media aide to ex-President Goodluck Jonathan, Doyin Okupe has advised acting President Yemi Osinbajo to adopt the crude-oil-swap arrangement to further strengthen the Naira. The arrangement was adopted by former President Jonathan but was allegedly abused with corruption. Okupe in an open letter to Osinbajo on Thursday said the errors made in the past... Read More

The News Blog

crude oil, Crude oil swap, Doyin Okupe, Goodluck Jonatha, Maira, Yemi Osinbajo

February 25, 2017

JTF impounds 1,750 tonnes of illegally refined crude oil

by Azeez Adeniyi The Joint Task Force in the Niger Delta, Operation Delta Safe said it has destroyed three illegal oil refineries in Delta and Rivers states. Spokesman, Joint Media Campaign Centre, ODS, Major Abubakar Abdullahi disclosed this in a statement on Saturday. He said the troops impounded 11 metal tanks, five dug pits with... Read More

The News Blog

1750 tonnes, crude oil, illegal refineries, JTF, Niger Delta

February 20, 2017

Analysis: Just how feasible are Osinbajo’s plans to work with illegal refineries?

by Mark Amaza On the Port-Harcourt leg of his Niger Delta tour, Acting President Yemi Osinbajo disclosed the intentions of the Federal Government to work with illegal refiners of crude oil in the region and enable them to establish modular refineries so they can legally refine the crude oil and be properly engaged in economic... Read More

Thinking Through

crude oil, illegal refineries, Niger Delta, Osinbajo, Refineries

February 16, 2017

Analysis: What is the real significance of Osinbajo’s Niger Delta tour?

by Mark Amaza For the past few weeks, Acting President Yemi Osinbajo has been on a fact-finding tour of the Niger Delta region with the objective of obtaining first-hand information from the people on why the region is in constant conflict with the government. He started with Oporoza, the hometown of ex-militant leader, Government Ekpemupolo... Read More

Thinking Through

crude oil, Niger Delta, Osinbajo, Tompolo

February 14, 2017

[The Presidential Blog]: VP Osinbajo embraces Okorocha in Imo (PHOTOS)

As part of his ongoing tour of the oil producing communities in the Niger Delta, the Vice President has just arrived in Imo State and is currently meeting with the Governor of Imo State, Rochas Okorocha and the Elders Council, led by the traditional ruler of … HRH Eze Ohiri in the Eze imo Palace.... Read More

More, The Presidential Blog

crude oil, economy, Niger Delta, nigeria, the Presidential Blog, Yemi Osinbajo

January 31, 2017

Militancy preventing Nigeria from producing 3 million barrels of crude per day – Kachikwu

Minister of State for Petroleum Resources, Ibe Kachikwu has stated that the Niger Delta region can produce three million barrel of crude oil per day. Kachikwu stated this at a stakeholders’ meeting organised by the Ministry of Niger Delta Affairs on Tuesday in Abuja. He said the capacity has however been limited by insurgency in... Read More

The News Blog

3 million barrels, crude oil, Ibe Kachikwu

December 16, 2016

FG confirms discovery of oil in Borno

The federal government says it has discovered crude oil in Borno. Permanent secretary, Ministry of Petroleum Resources, Dr. Jamila Shua’ra, made the disclosure on Thursday during her welcome address at the presentation of the 2016 petroleum sector scorecard held at the auditorium of the Petroleum Technology Development Fund (PDF) in Abuja yesterday. According to her,... Read More

The News Blog

Borno, crude oil, Dr. Jamila Shua’ra, FG, Ministry of Petroleum Resources

November 28, 2016

FG to build 1,000km oil transport pipeline from Niger Republic

The Federal Government is planning to construct a 1000-kilometer crude oil pipeline in Kaduna State to import oil from the Niger Republic. This was revealed by Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) at a Town hall in Kaduna. He said the decision was made following difficulties to transport crude... Read More

The News Blog

1000km, crude oil, FG, Oil transport, pipeline

November 24, 2016

Opinion: Reactions to Trump’s Presidency – focus on Nigeria

by Ebuka Emebinah The election of Donald J. Trump on 9th November 2016 sent shock waves around the world. I like most Nigerians supported and rooted for Hillary instead of Trump who I felt was not prepared to lead and ran a negative campaign. The Donald lost all three debates, which I stayed awake to watch,... Read More

crude oil, Donald J. Trump, nigeria, president buhari, President Obama, pro Biafra protestors

November 2, 2016

Cheta Nwanze: Dear Niger Delta, you have no leaders

by Cheta Nwanze So many watched the meeting between President Buhari and the “leaders” of the Niger Delta yesterday with keen interest. Like many, I was gobsmacked by the outcome. One of the demands by the stakeholders, including traditional rulers, is inclusive participation of the region in oil industry. Then they demanded for oil blocs.... Read More

Avarice, Cheta Nwanze, crude oil, nddc, Niger Delta, nigeria, Oil wealth

October 30, 2016

BLOOD MONEY X : The gift is a curse

Last month, YNaija.com launched its Monthly Citizenship Dispatches, which explores in detail, the lives and realities of Nigerian citizens across the country. This month, the dispatches come from the Niger Delta, where our reporters have spent weeks digging deep into a part of the country oft reported about and sadly still mis-understood. These are the... Read More

Citizenship, Featured

blood money, citizenship, crude oil, Magazine, Niger Delta, Oil spill, Shell, sticky, UNEP, ynaija citizenship stories

September 30, 2016

Chevron, others have a case to answer over $12.7bn undeclared crude

A Federal High Court sitting in Lagos today, September 30, 2016 struck out the preliminary objection filed by Chevron Nigeria Limited seeking to have the suit by the Federal Government of Nigeria stopped. The Legal team of Chevron Nigeria Limited led by Mrs Mianaya Aja Essien, SAN and Babatunde Fagboluhun, SAN had filed a preliminary... Read More

The News Blog

Agip, Babatunde Fagboluhun, Brasoil, Chevron, crude oil, exchange rate, Fabian Ajogwu, FG, IOC, Mianaya Aja Essien, nigeria, nnpc, Oil

September 28, 2016

Waziri Adio: Recession as opportunity for reversing resource curse

And, sadly, it came to pass. It is well predicted that most countries blessed with natural resources, even in the best of times, perform worse economically than countries not so endowed; and that, when times are tough, countries that are dependent on natural resources come to an assured grief. There is a popular name for... Read More

Botswana, CBN, crude oil, economy, Forex, GDP, malaysia, NEITI, nigeria, Nigeria Extractive Industries Transparency Initiative, Norway, Rahm's Rule, recession, UAE, Waziri Adio

August 16, 2016

We can overtake South Africa as the continent’s largest ICT market – SystemSpecs

The Executive Director of SystemSpecs, Deremi Atanda, has urged the Federal Government to refocus its attention on Information Communication Technology (ICT) for speedy economic growth. Atanda who was a guest on CNBC Africa’s mid-belt programme Power Lunch recently, observed that there was a gap between ICT and government’s fiscal policies which the current administration’s implementation... Read More

CBN, CNBC, crude oil, Deremi Atanda, Finance, IT, nigeria, Oil, Politics, Remita, SystemSpects, technology, TSA

May 24, 2016

Opinion: Agricultural revolution – Time to make a bold move

By Adekunle Smart Renowned physicist and Nobel Laureate, Albert Einstein once quipped, “In the middle of difficulty, lies opportunity.” A careful consideration of Nigeria’s current economic meltdown reveals the truth behind this aphorism and why serious attention must be paid towards diversifying the economy. In recent times, the country’s forex reserves have dropped below $30... Read More

agriculture, crude oil, Forex, GDP, government, nigeria

Top 5 Stories Of The Day | NCC Orders Airtime Compensation for Users with Poor Networks

Fuel Subsidy: A Dive into Nigeria’s Fuel Prices, Scarcity and Nigerians’ Complaints

Top 5 Stories Of The Day | Tinubu Orders NNPC to Sell Crude Oil to Dangote Refinery in Naira

Adeleke declared winner #OsunDecides2022; ASUU: NLC set to embark on nationwide solidarity strike | 5 Things That Should Matter Today

Maybe it’s time to finally address the injustices faced by the Niger Delta

As Russia & Saudi Arabia fight over oil prices, a poorly prepared Nigeria will suffer

“Very soon, Nigeria will drink her crude oil” – Ezekwesili

Crude oil “is getting its last years” – Kachikwu

Nigeria’s oil will no longer be profitable in a few years – Osinbajo

Forged crude oil allocation letters in circulation – NNPC

Mini refineries will be legalised, supplied with crude oil – FG

Waziri Adio: The need to stop eating with ten fingers

$15bn worth of crude excluded in NNPC’s report, Reps insist

Opinion: The Niger Delta mentality that must go

IBB university discovers crude oil deposit in Bida basin

Save the Naira by adopting Jonathan’s crude oil swap, Okupe advises Osinbajo

JTF impounds 1,750 tonnes of illegally refined crude oil

Analysis: Just how feasible are Osinbajo’s plans to work with illegal refineries?

Analysis: What is the real significance of Osinbajo’s Niger Delta tour?

[The Presidential Blog]: VP Osinbajo embraces Okorocha in Imo (PHOTOS)

Militancy preventing Nigeria from producing 3 million barrels of crude per day – Kachikwu

FG confirms discovery of oil in Borno

FG to build 1,000km oil transport pipeline from Niger Republic

Opinion: Reactions to Trump’s Presidency – focus on Nigeria

Cheta Nwanze: Dear Niger Delta, you have no leaders

BLOOD MONEY X : The gift is a curse

Chevron, others have a case to answer over $12.7bn undeclared crude

Waziri Adio: Recession as opportunity for reversing resource curse

We can overtake South Africa as the continent’s largest ICT market – SystemSpecs

Opinion: Agricultural revolution – Time to make a bold move

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