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The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day ultimatum to Senate President Godswill Akpabio to open the books on a staggering ₦200 trillion investigation. The Senate Public Accounts Committee is currently scrutinising allegations of “missing or unaccounted funds” within the Nigerian National Petroleum Company Limited (NNPCL) covering the period between 2017 and…
ABUJA — Nigeria’s fiscal ambitions faced a sobering reality check this week as the latest OPEC data revealed a significant shortfall in crude oil production. Despite a marginal increase in January, the nation’s output remains stalled at 1.459 million barrels per day (bpd). This figure sits nearly 400,000 barrels below the 1.84 million bpd benchmark…
The Ogun State Government has officially reaffirmed its territorial jurisdiction over Eba Island. This strategic coastal territory, located in Ogun Waterside Local Government Area, recently attracted national attention. President Bola Ahmed Tinubu recently approved the commencement of drilling activities at a revitalized oil well there. However, conflicting claims from certain quarters in Ondo State have…
