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India’s new envoy meets Tinubu, vows deeper Nigeria–India ties

India’s newly appointed High Commissioner to Nigeria, Ambassador Abhishek Singh, has formally presented his Letter of Credence to President Bola Tinubu in Abuja, marking the official start of his mission in the country.​ In a statement from the Indian Embassy, Tinubu was said to have warmly received Singh, congratulated him on his appointment and wished him success throughout his tour of duty.​ Singh reaffirmed India’s commitment to strengthening its long standing strategic partnership with Nigeria and expressed confidence that cooperation between both countries will continue to expand in key sectors such as trade, technology, energy and development.​ The envoy added that he is committed to deepening Indo Nigerian bilateral relations and advancing shared priorities in the years ahead.​

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Dangote, Depots Cut Petrol Gantry Price to N840

Dangote Petroleum Refinery and several major depot operators have reduced the average gantry price of Premium Motor Spirit to N840 per litre, from N843 per litre. The adjustment follows a drop in global crude prices, with Brent crude trading at about 62 dollars per barrel over the weekend, easing refining and supply costs.​ Market data show that Dangote Refinery, AIPEC and NIPCO have all pegged their depot selling price at N840 per litre. Some others are slightly higher, with Rainoil at N844, Sigmund and Master Energy at N858 and Northwest at N850 per litre.​ Meanwhile, eight OPEC plus countries, including Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman, met virtually on 30 November 2025 to review market conditions and the outlook for early 2026. They confirmed an earlier decision to pause planned production increases in January, February […]

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Lessons from Poland’s Industrial Agenda for Nigeria’s $1 Trillion Economy Goal

Poland’s economic rise—from post-communist instability in 1989 to the world’s 20th largest, $1 trillion economy—offers valuable lessons for Nigeria’s development aspirations. Despite an initial period of recession, unemployment, and inequality, Poland pursued rapid market reforms, increased transparency, and focused on local resources and innovation. Key drivers included: Strong investment in technology and private sector-led industrial growth Policy reforms supporting local content, manufacturing, and energy independence Gradual integration with major world economies, including the EU and NATO Emphasis on solving domestic problems, decarbonising power, and building human capital Poland’s energy transformation blends coal, gas, and renewables—offering Nigeria ideas for maximising its gas and coal reserves, improving electricity, and attracting foreign investment. The partnership potential is highlighted by ongoing Polish-Nigerian economic cooperation, especially in energy and trade. Major Polish companies and public-private initiatives in logistics, alternative fuels, and industrial technology demonstrate the […]

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Total Faces War Crimes Claims Over Mozambique Massacre

French energy company TotalEnergies is facing accusations of complicity in war crimes related to a 2021 massacre near its gas project in northern Mozambique. A human rights group has filed a complaint in France, alleging Total enabled or supported actions by local security forces who tortured and killed dozens of civilians at its facility. The events happened in Cabo Delgado, a region troubled by violent Islamist militants. In March 2021, after insurgents attacked the town of Palma near Total’s gas plant, Mozambican soldiers reportedly detained and executed civilians in shipping containers at the site. Some victims were accused of helping the militants, but the actual number killed remains unclear. One investigative journalist estimates at least 97 deaths, possibly more. Total has denied any involvement, saying it cannot be held responsible for actions of troops guarding its gas works. The company’s […]

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Ghana’s PAC urges EPA to shut down petrol and gas stations in residential areas over safety concerns

The Public Accounts Committee (PAC) of Ghana’s Parliament has called on the Ministry of Environment, Science, Technology and Innovation and the Environmental Protection Agency (EPA) to take decisive action against individuals and companies operating petrol and gas stations within residential communities. The Committee warned that these practices pose severe safety hazards and could have catastrophic consequences in the event of a fire or explosion. During a recent committee session, Acting Chair Samuel Atta Mills described the situation as both “alarming and unacceptable,” urging the EPA to strengthen enforcement and protect lives and property. “The dangers in siting petrol and gas stations within residential communities are real and deadly in times of emergencies. Such actions must not be entertained,” Atta Mills stated. He further called on the EPA to tighten its licensing procedures, noting that some operators exploit loopholes and allegedly […]

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Isoko communities threaten to stop oil operations over unpaid development funds

Communities in Isoko land, Delta State, have threatened to shut down oil operations in their area over the failure of oil companies to release funds meant for community development as required by the Petroleum Industry Act (PIA) 2021. In a statement jointly signed by Erere Okpako and Angela Akpofa for the Isoko Grassroot Mobilizers, the stakeholders expressed deep disappointment over what they described as “decades of neglect” despite their contribution to the nation’s oil wealth. They noted that nearly two years after the inauguration of the AIO Host Community Development Trust (AIO HCDT) — the body set up under the PIA to manage development projects — no meaningful action has been taken. Under the PIA, oil companies are mandated to allocate three percent of their annual operating expenditure (OPEX) to host communities through the HCDTs. Of this fund, 75 percent […]

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Dangote Refinery to expand capacity from 650,000 to 1.4 million barrels daily

The Dangote Petroleum Refinery has unveiled plans to expand its production capacity from 650,000 barrels per day (bpd) to 1.4 million bpd, a move that will make it the largest refinery in the world once completed. President of the Dangote Group, Alhaji Aliko Dangote, announced the development during a press briefing in Lagos on Sunday, stating that the expansion work will commence immediately. According to Dangote, the project will position the refinery ahead of India’s Jamnagar Refinery, which currently holds the title of the world’s largest. “We are expanding the Dangote Petroleum Refinery from 650,000 barrels per day to 1.4 million barrels per day. Upon completion, this will make it the largest refinery in the world, surpassing the Jamnagar Refinery in India,” Dangote said. He explained that the expansion project will create about 65,000 jobs, with 85 percent reserved for […]

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LPG Retailers Not to Blame for Gas Price Hike, Says LPGAR

The Liquefied Petroleum Gas Retailers Association of Nigeria (LPGAR) has said that gas retailers are not responsible for the current increase in the price and scarcity of Liquefied Petroleum Gas (LPG), also known as cooking gas. In a statement issued on Saturday in Lagos, the Chairman of LPGAR under the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Mr. Ayobami Olarinoye, said the rising cost of LPG is caused by supply challenges, not manipulation by retailers. “The recent scarcity and price spike have brought hardship to many Nigerian homes and businesses. We understand this pain, but retailers should not be blamed,” Olarinoye said. His statement followed claims by the president of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), who accused retailers of contributing to the price surge. Olarinoye described the allegation as “unfair and misleading,” explaining that […]

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Western Region Launches “Ghana Energy Week” as a Benchmark for Sector Development.

The Western Regional Coordinating Council has introduced "Ghana Energy Week," a groundbreaking initiative aimed at setting a benchmark for progress in Ghana’s energy sector. This event will serve as a platform for stakeholders to review energy policies, explore new technologies, and foster partnerships. It is expected to address critical issues such as energy access, sustainability, and efficiency, positioning Ghana as a key player in the regional energy landscape.

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