After a decade of agonising struggle and heartache, a long-awaited moment of reckoning is finally on the horizon for the communities of Ogale and Bille in ...
The story of environmental devastation in the oil rich Niger Delta, corporate greed, and a web of international intrigue have continued to rob Nigeria of its rightful resources.
The federal government’s directive that all Public-Private Partnership (PPP) agreements must strictly adhere to the dictates of the Infrastructure Concession Regulatory Commission (ICRC) Act partly ex ...
Economic experts have decried that poor policies and infrastructures are stalling Nigeria’s diversification agenda.Despite decades of pledges to reduce reliance on oil revenues, the country remains ...
Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations ...
The Punch on MSN12h
Oil-producing states battle N1.3tn despite N2.8tn derivation allocationOil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH.The findings are based on analysis of data ...
Chevron’s reserves fell to 9.8 billion barrels in 2024, raising concerns about sustaining long-term production amid acquisition challenges ...
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