Author: uzo.nzeogu

Spokesperson for the Peoples Democratic Party (PDP) Presidential Campaign Council in 2019, Umar Sanni, has accused billionaire businessman Femi Otedola of hypocrisy in his recent claims that over N2 trillion was lost to fraudulent fuel subsidy payments during the administration The post Ex-PDP campaign spokesman, Sanni, rebukes Otedola over subsidy fraud claims appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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The escalating row between Dangote Petroleum Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has reignited old tensions in the downstream sector, exposing deep-seated fears about market dominance, policy inconsistency and the future of deregulation. The post As downstream tensions test Nigeria’s energy reforms, market concerns appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has withdrawn approval for French oil major TotalEnergies’ proposed sale of a 10 per cent stake in Shell Petroleum Development Company of Nigeria Limited (SPDC) to Mauritius-based Chappal Energies, citing unmet financial obligations The post NUPRC withdraws approval for TotalEnergies’ $860m SPDC stake sale appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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