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

nnpc, Oil Exports, petroleum industry bill

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

The Petroleum Industry Bill (PIB) is supposed to clean up Nigerian oil, but will it?

Global news platform, Al-Jazeera recently put out a micro-documentary that caught our interest. At 7 minutes long, the explainer manages to break down in simple terms; the perennial problems that have crippled Nigeria’s petroleum industry and kept it from becoming a truly valuable resource to the nation. Nigeria is Africa’s biggest economy – but over... Read More

Counter Culture Blog

July 9, 2019

The YNaija Cover – the 9th of July

Follow the links to read our latest stories on YNaija: The Big 5: Customs officer Nura Dalhatu promotes self to DCG, says it’s a directive from Buhari; I’ll fix refineries, end fuel import by 2023 – Kyari | Other top stories Hilda Dokubo makes a return to the big screen with ‘Locked’ The... Read More

Abike Dabiri-Erewa, FG, Mele Kolo Kyari, Nigeria Diaspora Commission, nnpc, Senator Elisha Abbo, YCover

July 9, 2019

The Big 5: Customs officer Nura Dalhatu promotes self to DCG, says it’s a directive from Buhari; I’ll fix refineries, end fuel import by 2023 – Kyari | Other top stories

Here are the stories you should be monitoring today: Appeal Court reserves judgement in suit challenging Buhari’s academic qualifications The Court of Appeal in Abuja on Monday reserved judgment in the appeal filed against President Muhammadu Buhari’s academic qualification for the 2019 presidential election. A three-member panel of the court, led by Atinuke Akomolafe-Wilson, after... Read More

Customs officer, Femi Gbajabiamila, Hameed Ali, INEC server, Mele Kyari, Ndudi Elumelu, nnpc, Nura Dalhatu, PDP, The Big 5

June 20, 2019

Adeyemi Adetunji, Farouk Garba Said, Lawrencia Nwadiabuwa Ndupu, Mele Kolo Kyari, Muhammadu Buhari, Mustapha Yinusa Yakubu, Ndu Ughamadu, nnpc, Organisation of the Petroleum Exporting Countries (OPEC), Roland Onoriode Ewubare, Umar Isa Ajiya, Yusuf Usman

Meet Mele Kolo Kyari, NNPC’s new boss appointed alongside 7 new C.O.O.s

President Muhammadu Buhari has appointed Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), replacing Dr. Maikanti Baru who was appointed in July 2016. Kyari, a geologist, who would be coming into office as the 19th Group Managing Director of the National Oil Company was until his new appointment,... Read More

The News Blog

April 12, 2019

The YNaija Cover – the 12th of April

Follow the link to read story on YNaija: The Late 5: Buhari heads to Chad for regional meeting; We have over 1bn litres of petrol – NNPC debunks rumour of impending fuel scarcity | Other stories

Google, Ifa, nnpc, Ooni of Ife, Pope Francis, South Sudan, YCover

April 12, 2019

The Late 5: Buhari heads to Chad for regional meeting; We have over 1bn litres of petrol – NNPC debunks rumour of impending fuel scarcity | Other stories

Here are the stories that drove conversation today: Buhari heads to Chad for regional meeting On Saturday, President Muhammadu Buhari will depart Abuja for N’Djamena, Chad, to participate in the Extraordinary Session of the Conference of Heads of State and Government of the Community of Sahel-Saharan States (CEN-SAD). Garba Shehu, the president’s senior special assistant... Read More

The News Blog

Buhari, Chad, nnpc, The Late 5

April 5, 2019

The YNaija Cover – the 5th of April

Follow the link to read the story on YNaija: The Late 5: Suspected killers of LUTH doctor, Stephen Urueye, arrested by Lagos Police; Embattled CJN Onnoghen resigns | Other stories

Dr. Stephen, Kaduna Governor, Kaduna-Abuja road, Luth, Nasir el-Rufai, nnpc, YCover

March 13, 2019

The YNaija Cover – the 13th of March

Follow the link to read the stories on YNaija: The Late 5: Children feared dead, others trapped in Lagos building collapse; Nigeria bans Boeing 737 Max 8 over Ethiopian Airlines crash | Other stories

Boeing 737 Max 8, Ethiopian Airlines, lagos island, nnpc

February 21, 2019

The YNaija Cover – the 21st of February

Follow the link to read the story on YNaija: Osinbajo speaks on reports of his alleged resignation from Buhari’s government

Cover Stories, Featured

APC, atiku abubakar, Jussie Smollet, nnpc, PDP, Yemi Osinbajo

January 17, 2019

The Big 5: Boko Haram sponsored by forces outside Nigeria – Buhari; NNPC is a mafia organisation, I’ll privatise it – Atiku | Other top stories

Here are the top stories you should be monitoring today: NNPC is a mafia organisation, I’ll privatise it – Atiku The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, said on Wednesday that he would privatise the Nigerian National Petroleum Corporation if elected, describing the state-owned oil firm as a “mafia organisation.” Atiku was... Read More

Aisha buhari, Atiku, Buhari, Daniel Nwafor, Independent National Electoral Commission, nnpc, Oshiomole

January 11, 2019

The Late 5: NNPC to reduce price of cooking gas; MC Oluomo may be flown abroad for further treatment | Other top stories

Here are the stories that drove conversations today. NNPC to reduce price of cooking gas The Nigerian National Petroleum Corporation (NNPC) has revealed that it will put measures in place to reduce the price of cooking gas. The corporation said it was ready to implement an effective commercial framework that would halt the export of... Read More

APC rally, Baga, boko haram, frsc, JAMB, MC Oluomo, NAN, nnpc

December 25, 2018

The Late 5: Edo Governor labels BEDC enemy of progress, wants license revoked; Buhari slams wife again over allegations of cabal frustrating his government | Other top stories

These are the stories that drove the conversation today: The Nigerian National Petroleum Corporation (NNPC) says it spent a total of N623.16 billion on subsidy from January to November, 2018. This was contained in its report dated 19th December, 2018 which was presented to the Federation Account Allocation Committee (FAAC) at its last meeting in... Read More

Benin Electricity Distribution Company (BEDC), dino melaye, fuel subsidy, Godwin Obaseki, Jimoh Moshood, Late 5, Muhammadu Buhari, nnpc

December 9, 2018

The Big 5: FG promises to pay marketers N236b subsidy claims; APC reacts to calls for sanctions on Okorocha, Amosun | Other top stories

The Federal Government has said that oil marketers should expect a payment of N236 billion as the first tranche of the outstanding N348 billion subsidy claims by the Major Oil Marketers Association of Nigeria (MOMAN) and the Depot and Petroleum Products Marketers Association (DAPPMA). Chief Operating officer, Downstream of the Nigerian National Petroleum Corporation (NNPC) Henry... Read More

APC, big 5, EFCC, Henry Nkem-Obih, Ibikunle Amosun, Kola Ologbondiyan, Lanre Issa-Onilu, nnpc, PDP, Rochas Okorocha, Tony Orilade

November 26, 2018

The Big 5: Atiku will not disappoint – Obasanjo; Buhari rejected intelligence warnings on Boko Haram – Security consultant | Other top stories

These are the stories you should be monitoring today: Former President Olusegun Obasanjo on Sunday said the People’s Democratic Party (PDP), presidential candidate, Atiku Abubakar will bring honour and dignity to his office if elected by Nigerians at the February 16 presidential election. Speaking at the Lamido Fombina Palace, Yola, during the turbaning ceremony of Atiku... Read More

APC, Atiku Abubabakar, atiku abubakar, big 5, nnpc, olusegun obasanjo, PDP, Yekini Nabena

October 30, 2018

The Late 5: As bloody Shi’ites protest continues for 3rd straight day; Buhari meets Wike, 3 other PDP governors behind closed doors | More stories

These are the stories that drove the conversation today: The clash between members of the Islamic Movement of Nigeria (IMN) and soldiers in Abuja, on Tuesday entered the third day with at least five persons feared dead, a spokesperson for the group, Abdullahi Musa, has said. Musa explained that the killings occurred “after they repeatedly tried... Read More

Afenifere, APC, Ifeanyi Okowa, Islamic Movement of Nigeria (IMN), Iyiola Omisore, Muhammadu Buhari, nnpc, Nyesom Wike, SDP, seriake dickson, Udom Emmanuel

October 19, 2018

Abubakar Malami, Mansur Dan-Ali, Muhammadu Buhari, National Economic Council (NEC), nnpc, Phillip Shaibu

The Big 5: Security chiefs raise alarm over stockpiled arms by politicians ahead of 2019; Nigeria’s population now 195.9 million – UNFPA | More stories

These are the stories you should be monitoring today: The National Economic Council (NEC) on Thursday urged the Governors of the 36 States of the federation to declare a state of emergency in the education sector of their respective states to curb the rot in the sector. Deputy Governor of Edo, Philip Shaibu who briefed... Read More

The News Blog

October 17, 2018

The Big 5: Senate to probe NNPC $3.5b Subsidy Recovery Fund; We have nothing against Obi’s competence as VP candidate – Gov Umahi | More stories

These are the stories you should be monitoring today: The Governorship candidate of the People’s Democratic Party in the recently concluded Osun gubernatorial election, Senator Ademola Adeleke, on Tuesday filed a petition at the Election Petitions Tribunal sitting in Osogbo, challenging the outcome of the poll, which gave victory to the candidate of the All... Read More

Ademola Adeleke, APC, David Umahi, Gboyega Oyetola, nnpc, PDP, peter obi

September 23, 2018

The Late 5: PDP kicks as INEC declares #OsunDecides inconclusive; INEC fixes re-run election for Thursday | More stories

These are the stories that drove the conversation today: The Independent National Electoral Commission (INEC), has declared Saturday’s governorship election in Osun inconclusive. Meanwhile. the electoral says the rerun of the Osun governorship election which it declared “inconclusive” will now hold on Thursday, September 27, 2018. The People’s Democratic Party (PDP) has rejected INEC’s declaration of... Read More

Ademola Adeleke, APC, Chevron, Gboyega Oyetola, INEC, Muhammadu Badaru, nnpc, NUPENG, PDP, stella oduah

September 7, 2018

The Late 5: Shekarau finally re-joins the APC, Authorities quell fears of earthquake in Abuja | More stories

These are the stories that drove the conversation today: Authorities of the FCT Emergency Management Agency and the Nigerian Geological Survey Agency (NGSA) have on Friday, allayed the fears of Abuja residents over speculations of an imminent earthquake in the Federal Capital Territory. The development followed several reports by residents of the city about persistent earth shakings in parts of... Read More

Adams Oshiomhole, FCT Emergency Management Agency, Festus Keyamo, Ibrahim Shekarau, INEC, Muhammadu Buhari, National Population Commission, Nigerian Geological Survey Agency, nnpc, NUPENG, Okoi Obono-Obla, PDP

August 7, 2018

The Big 5: We evacuated football fans in Russia with $1 million- FG; Akpabio rounds off consultations, meets Tinubu I More stories

These are the stories you should be monitoring today: The Federal Government says the evacuation of 355 stranded Nigerian football fans in Russia after the 2018 World Cup cost $1 million, and has urged Nigerians to travel out of the country in a regular and legal manner. Minister of Foreign Affairs Minister, Geoffrey Onyeama, who made... Read More

Ahmed Lawan, APC, bola tinubu, Godswill Akpabio, Ita Enang, Kola Ologbondiyan, Muhammadu Buhari, nnpc, PDP, Rotimi Ogunleye, Yemi Osinbajo

July 9, 2018

The Late 5: PDP merges with 30 other parties ahead of 2019 elections, NYSC confirms Adeosun’s exemption letter application and other stories

The Peoples Democratic Party (PDP) has on Monday entered into a new alliance with more than 30 other political parties in the country. The parties who announced a new name – Coalition of United Political Parties (CUPP) at a meeting which held at the Musa Yar’Adua Centre in Abuja, signed a Memorandum of Understanding (MoU) to... Read More

APC, Borno, Dr. Maikanti Baru, kemi Adeosun, nnpc, nysc, PDP

July 4, 2018

The Late 5: Court orders NASS to commence impeachment process against Buhari, House of Reps mandates committee to review employment age for MDAs and other stories

These are the stories that drove the conversation today: A Federal High Court in Osogbo on Wednesday, granted an order of mandamus to compel the National Assembly to begin impeachment process against President Muhammadu Buhari, based on alleged constitutional breaches. Justice Maureen Onyetenu gave the ex parte order, following a motion filed before her by some activists... Read More

Aminu Tambuwal, Departments and Agencies (MDAs), Federal High Court, House of Representatives, Ike Ekweremadu, ministries, nnpc, Sokoto

July 1, 2018

The Big 5: Nigerian Students in the UK protest against Plateau killings, NNPC accused of shortchanging Federation account of N20b and other stories

These are the stories you should be monitoring today: Nigerian students at the Cambridge University in England have protested the recent killings in parts of the country as a result of the herdsmen-farmers crisis. At the demonstration held on Saturday, the students bearing placards with different inscriptions decried government’s indecisiveness in resolving the insecurity challenges... Read More

Budgit, Federation Account Allocation Committee, INEC, Kayode Fayemi, nnpc, Yemi Osinbajo

June 28, 2018

The Big 5: Violent protest rocks Jos over killings by herdsmen, FAAC meeting ends in deadlock and other stories

These are the stories you should be monitoring today: A violent protest took place in Jos, the Plateau capital on Wednesday as residents protested the killings in three local government areas of the state. The protest, which started peacefully turned violent when youths and women damaged some cars parked at the New Government House in... Read More

APC, Federation Accounts and Allocation Committee, Imo, Jigawa, jos, Mohammed Badaru, nnpc, plateau, Rochas Okorocha, Sule Lamido

June 11, 2018

The Late 5: MURIC says Nigerians begged it not to sue Falz, Nigeria and Morocco signs 3 agreements and other stories

These are the stories that drove the conversation today: Nigeria and the Kingdom of Morocco on Monday signed agreements on a 5,660 km long Nigeria-Morocco Gas Pipeline (NMGP), a chemical plant and agricultural training as part of activities marking President Muhammadu Buhari’s two-day visit to the country. A statement by the Senior Special Assistant to the... Read More

#ThisIsNigeria, APC, Ekiti, falz, Kayode Fayemi, Morocco, MURIC, nigeria, nnpc

April 26, 2018

The Late 5: Senate asks NNPC to refund N216bn subsidy fund, Trump to visit UK in July, and other top stories

These are the top five Nigerian stories that drove conversation today. The Senate has declared the current payments by the Nigerian National Petroleum Corporation for subsidy of premium motor spirit (petrol) illegal. It asked the corporation to refund the sum of N216bn spent for the purpose in 2017 under the guise of “operational costs” into... Read More

Featured

donald trump, nnpc, senate, The Late 5

March 4, 2018