Dangote Petroleum Refinery has announced a significant operational milestone following the full restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, a development that reinforces steady output at Africa’s largest oil refining complex. The company confirmed that both units, which recently underwent scheduled maintenance, are now operating at peak efficiency. To…
The Group Chief Executive Officer (GCEO) of Solewant Group, Solomon Ewanehi has issued a compelling call for African nations to prioritize local content as the cornerstone of energy security and industrialization. Speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2026 in Lagos, Ewanehi argued that a nation’s development is inextricably linked to…
Nigeria failed to meet its assigned crude oil production quota for the sixth month in a row, according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC). The OPEC monthly report, released on Wednesday, showed that Nigeria’s crude oil output fell to 1.478 million barrels per day (bpd) in January 2026,…
By Adeyemi David Passengers aboard an Arik Air Boeing 737-7GL flight from Lagos to Port Harcourt experienced a tense moment on Wednesday after the aircraft reported an in-flight engine anomaly and was forced to divert to Benin Airport, according to the Nigerian Safety Investigation Bureau (NSIB). The NSIB, in a statement signed by its Director…
By Adeyemi David The National Agency for Food and Drug Administration and Control (NAFDAC) has dismissed reports claiming that the Federal Government directed it to suspend enforcement actions on sachet alcohol and 200ml PET bottle alcoholic products, describing the publication as false and misleading. In a statement signed by its Director General, Prof. Mojisola Adeyeye,…
The Honourable Minister of Marine and Blue Economy, His Excellency Dr Adegboyega Oyetola, CON, has congratulated Engr. Greg Ogbeifun, pioneer President of the Shipowners Association of Nigeria (SOAN) and Chairman of Starzs Investments Company Limited, on the occasion of his 75th birthday, describing him as a towering figure in Nigeria’s maritime industry. In a press…
The Nigerian Maritime Administration and Safety Agency NIMASA has reiterated its commitment to strengthening Nigeria’s shipbuilding and shipyard development as part of efforts to deepen the blue economy and curb capital flight. This assurance was given at a stakeholders’ breakfast meeting organised by the Agency with the theme “Dissecting the Issues, Challenges, and Prospects in…
The immediate past Managing Director of the National Inland Waterways Authority (NIWA), Asiwaju Munirudeen Bola Oyebamiji (AMBO), has been honoured with the “Most Media Friendly Maritime CEO” Award, as the Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, highlighted key safety, revenue, and regulatory reforms achieved under his leadership. The award, organised by the…
Nigeria has been ranked the 36th most corrupt country in the world in the 2025 Corruption Perceptions Index (CPI) released by Transparency International (TI). According to the global anti-corruption watchdog, Nigeria dropped from 140th position in 2024 to 142nd out of 182 countries assessed in 2025, where number 1 represents the cleanest country and 182…
The Minister of Marine and Blue Economy, His Excellency Dr. Adegboyega Oyetola, CON, on Tuesday presented a ₦10,499,984,667.10 budget proposal for the Federal Ministry of Marine and Blue Economy for the 2026 fiscal year, lamenting that the allocation was grossly insufficient to effectively execute the ministry’s wide-ranging mandate critical to Nigeria’s trade, transport efficiency and…
