Almost six weeks after the Senate Committee on Finance submitted its report on the allegation made by the former Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, on the non-remittance of oil revenue to the Federation Account by the Nigerian National Petroleum Corporation (NNPC), the Senate yesterday deliberated on the report […]
Tag Archives: Fuel
09
Jul
Jul
Photo: Petrol station Cameroon has raised the base salary for government workers and the military, entering negotiations with transport workers in an effort to stop potential social unrest, according to . The fuel subsidies on petrol, diesel and cooking gas were reportedly cancelled last week in an attempt to cut costs – pushing up the […]
27
Jun
Jun
There are some ominous signs that we are beginning to reach a point where it is less economic to look for and develop new supplies of oil, as costs rise, return on investment becomes less certain, and alternate opportunities exist for the funds that promise a better return with a lower initial investment. The problem, […]
Accra — GHANA’S President, John Dramani Mahama, has directed the Finance Minister, Seth Tekper, to release $ 60 million to the Bulk Oil Distribution Companies (BDCs) to ensure sufficient fuel supplies. This comes amid the BDCs reportedly withholding supplies resulting in shortages in some cities across the country, including Accra, Tema, Cape Coast and Kumasi. […]
