May 9, 2021
  • May 9, 2021

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Nigeria can achieve sugar self-sufficiency if…

by on April 22, 2021 0
Nigeria’s sugar industry dates back to the 1960s. Domestic production, however, only supplied about c.2.8 percent of national sugar consumption in 2019, according to the National Sugar Development Council (NSDC). In order to limit unrestricted importation and facilitate domestic production, the Nigerian Sugar Master Plan (NSMP) was approved in 2012. Despite the fact that... Read More

DPR debunks NEITI claim on lack of accurate data on oil production

by on April 16, 2021 0
The Department of Petroleum Resources (DPR) has debunked the claim by the Nigeria Extractive Industries Transparency Initiative (NEITI) that the country’s daily crude oil production remains unknown despite over 60 years of exploratory activities. In a statement in Abuja by the DPR’s Head of Public Affairs, Paul Osu, the regulatory agency for the oil... Read More

OPEC+ indecisive on crude oil production output for April

by on March 4, 2021 0
The Organization of Petroleum Exporting Countries  (OPEC) and its allies kept oil-watchers guessing about their next move, after a day of preliminary talks offered few clues as to whether the market will get the April supply increase it’s been expecting. Saudi Arabia and Russia, leaders of group, held bilateral talks on Wednesday, seeking common... Read More