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Nigeria needs $12bn yearly to hit 2030 oil, gas

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Lagos reduces truck parking fee on Lekki-Epe axis

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FG commits ₦200bn to strengthen food production nationwide 

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European retailers urge EU to tackle high Visa, Mastercard fees

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Tag: production

Aviation

US aviation allows Boeing 737 Max 9 flights, imposes production limits

The United States Federal Aviation Administration has announced a conditional pathway for the resumption of Boeing 737 Max 9 flights, but a crucial restriction prevents Boeing from expanding production of its Max jets, including the 737-9 Max variant. The Times reported that this decision follows a previous incident in which a part of an Alaska Airlines […]

Tackle revenue crisis with gas production, Accountants urge FG
Oil and Gas

Tackle revenue crisis with gas production, Accountants urge FG

The Association of National Accountants of Nigeria urged the Federal Government on Friday to enhance investments in the production of liquefied natural gas, since gas revenues will aid Nigeria’s present income issue. According to The Punch, ANAN stated that this was critical due to the increased global demand for petrol, emphasizing that Nigeria had more […]

Crude hits $83 as Nigeria's export passes 1.4mbpd
Oil and Gas

Nigeria’s crude oil production hits 1.4mbd – OPEC

A report published by the Organization of Petroleum Exporting Countries, has revealed that Nigeria’s crude oil production will increase to 1.418 million barrels per day in December 2023. The PUNCH reported that Nigeria’s crude oil output grew by 100mb/d from 1.319mbpd in November, according to secondary sources cited by OPEC in its Monthly Oil Market Report for […]

Dangote refinery investors gain N1.2tn in two days
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Dangote to begin production as crude supply hits 6 million barrels

The Dangote Petroleum Refinery stated on Monday that it is ready to begin producing refined petroleum products after receiving the 6th batch of one million barrels of crude oil needed for the plant’s starting operations. According to The PUNCH, “Dangote refinery appears set to commence production of refined petroleum products with the receipt of the […]

Dry season farming to create 10m jobs - FG
Agribusiness

FG to combat growing food prices with rice production

The Minister of Agriculture and Food Security, Abubakar Kyari, announced on Friday that the Federal Government had begun mass production of food crops in order to reduce food prices across the country. According to The PUNCH, he stated that the government’s goal was to lower food inflation, citing it as the primary cause of Nigeria’s […]

Jigawa targets two million tonnes wheat production 2024
Business

Jigawa targets two million tonnes wheat production 2024

Jigawa State Governor, Umar Namadi has announced that his state planned to produce two million tonnes of wheat to help Nigeria achieve food sufficiency. Arise News reported that according to Namadi, Jigawa’s output target will be met by the National and State Wheat Development Programs. The governor revealed this to reporters on Thursday after meeting with President […]

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