Court dismisses $19.6m lawsuit against NNPC
The Federal Capital Territory High Court in Abuja has dismissed a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited (NNPC Ltd), ruling that the claim was without…
Agbakoba SAN knocks FG over borrowing money it already earned
Raises alarm over federation account crisis A former President of the Nigerian Bar Association, Olisa Agbakoba, has raised concerns over what he described as a deepening financial crisis in Nigeria’s…
NNPC Ltd and the future of Nigeria
By Dan D Kunle As usual, I am an ordinary citizen, and like many Nigerians, I remain naturally optimistic and hopeful about the possibilities of a better tomorrow, even if…
How Naira-for-crude policy guarantees supply security
By Temitope Ajayi President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC…
Need for strategic oil reserves
By Lekan Sote If Nigeria has strategic reserves of petroleum products, it is not evident, though Google says that in 2025, Nigerian petroleum reserves, second in Africa after Libya, and…
Iran war and the economics of fuel costs
By Etim Etim We are now in the third week of the war in the Middle East, and the Nigerian economy is in trouble once again. Petrol prices are up…
Probe ₦5.9bn NNPC purported rebranding cost, SERAP urges Tinubu
The Socio-Economic Rights and Accountability Project has urged Bola Tinubu to order an investigation into the alleged spending of about ₦5.9 billion on the rebranding of the Nigerian National Petroleum…
Legal essence of Executive Order 9 on oil and gas revenues
By Tope Adebayo The decision by President Bola Tinubu to sign Executive Order 9, 2026, pursuant to Section 5 of the Constitution of the Federal Republic of Nigeria 1999 (as…
1,300 petrol: A multiplier of hardship
By Olalekan Adetayo The book of lamentation has been opened again in Nigeria. Commercial drivers are reading from it loudly. They are joined by private vehicle owners, some of whom…
Tinubu’s executive order will aid fiscal sovereignty – Agbakoba SAN
The Oil and Gas Governance Practice Group of Olisa Agbakoba Legal (OAL) has hailed President Bola Ahmed Tinubu for signing an Executive Order mandating the direct remittance of oil and…