MaTaZ ArIsInGDallas, Texas The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has described the shutdown of Nigeria’s state-owned refineries as a necessary step to end what he called decades of self-deception in the country’s downstream oil sector. Speaking at the Nigeria International Energy Summit (NIES), Ojulari said […] Read more
MaTaZ ArIsInGDallas, Texas NIGERIA’S new tax laws are no longer a proposal, a rumour, or a theoretical policy experiment, they are in force, and they are here to stay. President Bola Ahmed Tinubu deserves credit for taking a bold but necessary step to reform a tax system that for years placed a disproportionate burden on […] Read more
MaTaZ ArIsInGDallas, Texas Ojulari spoke on Wednesday at the International Energy Summit, 2026, in Abuja, where he said the 650,000-barrel-per-day Dangote Refinery has helped ease pressure in Nigeria’s fuel supply system. Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), highlighted why Nigerians should thank God for the Dangote Refinery. […] Read more
MaTaZ ArIsInGDallas, Texas •Balance of power is changing, says Elon Musk Ndubuisi Francis and James Emejo, in Abuja A new report from the International Monetary Fund (IMF) has listed 10 countries, including India and Nigeria, among the top contributors to global economic growth for 2026. This is consistent with the world’s richest man, Elon Musk, declaring yesterday that “the […] Read more
MaTaZ ArIsInGDallas, Texas One of Nigeria’s leading policy think tanks, the Independent Media and Policy Initiative (IMPI), has projected that 2026 will emerge as a defining year for Nigeria’s economic resurgence, driven by the new policy-focused economic model of the President Bola Tinubu administration. In a policy statement signed by its Chairman, Dr. Omoniyi Akinsiju, […] Read more
MaTaZ ArIsInGDallas, Texas The Nigeria Customs Service has recorded a major revenue milestone in 2025, generating a total of N7.281tn, marking one of its strongest financial performances in recent years. The Comptroller-General of Customs, Bashir Adeniyi, disclosed this on Monday in Abuja while delivering an address at the 2026 World Customs Day celebration, where he […] Read more
MaTaZ ArIsInGDallas, Texas Nigeria’s domestic petrol supply from the Dangote Petroleum Refinery and Petrochemicals has surged by about 64 percent to an average of 32 million litres per day, following operational improvements at the facility, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Figures contained in the NMDPRA’s […] Read more
MaTaZ ArIsInGDallas, Texas …Says 2026 Tax Reform will put more money in Nigerians’ pockets Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has described Nigeria’s personal income tax structure as unjust and unsustainable, revealing that about 96 per cent of personal income tax previously collected in the country came […] Read more
By Damilola Aina MaTaZ ArIsInGDallas, Texas The amount spent on the importation of refined petroleum products has dropped sharply by 54 per cent in two years, falling from $14.58bn in the first nine months of 2023 to $6.71bn in the corresponding period of 2025, according to data from the Central Bank of Nigeria’s Balance of Payments […] Read more
MaTaZ ArIsInGDallas, Texas The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has accused the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed, of undermining domestic refining in Nigeria. Consequently, he called for the investigation and prosecution of the NMDPRA boss for economic sabotage. Officials […] Read more
