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 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 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…
The Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, has commended the Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC) for its vision, resilience, and consistency, describing the platform as one of Africa’s most respected energy partners. Speaking in a goodwill message at SAIPEC 2026, Ojulari noted that within a decade, the conference has…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has called for stronger collaboration among African nations, governments, and industry stakeholders to advance local content development across the continent’s energy sector. Speaking at the 10th anniversary edition of the Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC 2026),…
The Federal Government has issued commendation letters to nine members of the Inter-Ministerial Committee in recognition of their outstanding contributions to Nigeria’s successful election into Category C of the Council of the International Maritime Organization (IMO) for the 2026–2027 biennium. The election was held on 28 November 2025 in London, where Nigeria secured a seat…
The National Agency for Food and Drug Administration and Control (NAFDAC) has debunked a viral social media video alleging that the agency secretly banned the sale and use of Amoxicillin in Nigeria, describing the claim as false, misleading, and without any factual basis. In a statement released by its Director-General and Chief Executive Officer, Prof….
