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Economy

FG Hasn’t Removed Fuel Subsidy – Osinbajo Clarifies On 70% Petrol Price Increase

Vice President Yemi Osinbajo, on Friday, May 13, 2016, said the fuel price increase by the federal government will have worse effects on the...

Militants Blow Up Another Chevron Pipeline In The Niger Delta

Militants operating in the oil rich Niger Delta area of Nigeria, blew up a major oil pipeline in Mabaraka community in Gbaramatu Kingdom in...

Fuel Price Hike Is Buhari’s Wickedness Taken Too Far – Fayose

Ekiti State Governor, Ayo Fayose has said that the decision by President Muhammadu Buhari to increase the pump price of fuel from N86.50 to...

We Did Not Threaten Kachikwu – Niger-Delta Avengers Respond To Minister’s Allegations

Against the claim by the minister of state for petroleum resources, Dr. Ibe Kachikwu, that a militant called to threaten him on phone, the...

‘The pain is necessary’ – Tinubu Backs Buhari On Fuel Price Hike

Two-time Governor of Lagos State, Bola Ahmed Tinubu has thrown his weight behind the decision of the President Muhammadu Buhari-led Federal Government to stop...

‘Illegal, Immoral And Insensitive’: Femi Falana Blasts Buhari Over Fuel Price Hike

Popular human rights lawyer and activist, Femi Falana (SAN) has lampooned President Muhammadu Buhari for the recent increase in the price of fuel, describing...

A Fifth Of Nigeria’s Oil Production Shut Down Over Leak At Shell’s Pipeline

At least a fifth of Nigerian oil production, equivalent to almost 400,000 barrels a day, has been shut down as a pipeline closure added...

Militant Threatened Me On Phone – Kachikwu

The Minister of State for Foreign Affairs, Ibe Kachikwu has revealed that he recently received a threat from an unknown Niger Delta militant. According to...

Nigeria’s Oil Production Crumbles As Niger Delta Avengers’ ‘Red Economy’ Takes Toll

A series of attacks on Nigeria’s oil infrastructure has pushed its output of crude close to a 22-year low, putting intense pressure on the...

Nigeria Is Broke: Buhari Resorts To Exchanging Crude Oil For Refined Petrol (DETAILS)

Ahead of President Buhari’s planned official announcement of fuel subsidy removal, investigations by SIGNAL have revealed that Nigeria has been secretly exchanging its crude...

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