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Third Quarter Fuel Import Drops To 1.7m Tonnes

The federal government has scaled down the number of companies approved for petroleum product imports for the third quarter of the year.
During the quarter, only 27 companies were given allocation to import 1.7 million tonnes of fuel as against about 40 companies which were licenced to import…

FG Playing Pranks With Actual Subsidy Figures – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said the federal government (FG)’s promises to create jobs through the efforts of the Subsidy Reinvestment Programme (SURE-P) has not yielded much dividends. 12 more words

Senate Committee Says $49.8bn Oil Funds Not Missing

House Chamber
The Senate Joint Committee on Finance has said that contrary to claims by suspended CBN Governor, Sanusi Lamido Sanusi, there is never any unremitted $49.8 billion. 18 more words