President Bola Tinubu has inaugurated an 11-member committee to drive the establishment of the Grid Asset Management Company Limited (GAMCO), a new initiative aimed at addressing Nigeria’s persistent ...

But the Presidency differed with PENGASSAN and claimed Tinubu’s Executive Order, which directed stoppage of revenue deductions by the Nigerian National Petroleum Company Limited and other agencies, ...

Chairman of the Society of Petroleum Engineers Nigeria Council, Mr. Francis Nwaochei, has called for resilience, strategic ...

The Nation Newspaper Verheijen to lead technical subcommittee as FG moves to enforce direct oil revenue remittances ...

The federal government on Monday, March 2, quietly revised the implementation framework of Executive Order 9 of 2026 on oil revenue remittances. Under the revised framework, royalties and taxes will ...

President Bola Ahmed Tinubu’s sweeping Executive Order on oil and gas revenue remittances is being framed by presidency insiders as a constitutional recalibration aimed at restoring the supremacy of ...

The Liberia Petroleum Refining Company (LPRC) has categorically denied allegations circulating on social media accusing the company of collecting and mismanaging Government of Liberia (GOL) taxes. ...

Energy expert and petroleum economist Professor Emeritus Wumi Iledare has reacted to President Bola Tinubu’s recent Executive Order directing the restructuring of oil and gas revenue remittances to ...

President Bola Tinubu has issued an executive order to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in this critical sector ...

Occidental Petroleum logged lower revenue in its latest quarter, driven by a decline in its oil-and-gas segment. The energy producer on Wednesday posted a loss of $68 million, or 7 cents a share, ...