The disclosure highlights the substantial financial obligations associated with protecting oil and gas infrastructure against crude oil theft, pipeline vandalism and other disruptions, even as NNPC reported higher production and a 33 percent increase in profit after tax.
President Bola Tinubu has declared that the era of economic stabilisation is over and promised a new phase of cheaper food, jobs, industrial growth and wider opportunities, saying his administration must now turn economic reforms into tangible improvements in the lives of Nigerians.
When this Administration assumed office, we resolved to do things differently. We chose to excise the cancer. The reforms that followed were difficult. The side effects were real. Yet, we must never confuse the medicine with the disease.
President Bola Tinubu has declared that Nigeria has crossed its own “Red Sea” after three years of painful economic reforms, ruling out a return to petrol subsidy and announcing what he described as the beginning of an “age of prosperity” for the country.
Nigerian billionaire and President of Dangote Group, Aliko Dangote, has blamed local petroleum marketers and international oil companies (IOCs) for protests surrounding his proposed $16 billion refinery in Lamu, Kenya.
The Nigeria Labour Congress (NLC) has rattled the Federal Government over what it described as a worsening survival crisis in the country, demanding an immediate reduction in petrol prices, a nationwide wage award and the commencement of negotiations for a new national minimum wage.
President Bola Tinubu has signed the amended 2025 Appropriation Bill into law, extending the implementation period of the budget from September 30 to December 31, 2026.
Amaechi gave the warning on Wednesday while addressing the ADC National Women League Conference in Abuja, where he charged party members to intensify grassroots mobilisation ahead of the 2027 general election.
Ronaldo confirmed the decision on Wednesday, saying he had left the national team camp following Jesus' press conference and a conversation with Proença. The announcement comes just hours before Portugal's Nations League meeting with Denmark and marks a dramatic escalation in the situation surrounding the veteran forward.
