Author: Emmanuel Udoye

Dangote Refinery presents Africa with new partnership opportunities – NCDMB Boss

Business

Nigerian Content Development and Monitoring Board, NCDMB, has said the Dangote 650,000-barrel-per-day Integrated Refinery and Petrochemical Company afford Nigeria and other African countries partnership opportunities for sourcing petroleum products and fertiliser. The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, said this at the 9th Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC), in Lagos. Ogbe, in his address, said similar projects capable of leveraging collaborations included Kenya’s Konza Technology City, Grand Ethiopian Dam, Lekki Free Trade Zone (Lagos), and facilities like the SHI-MCI FPSO Fabrication/Integration Yard, in Lagos. He also said the NCDMB’s Nigerian Oil and Gas Parks Scheme, NOGAPS,…

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Trump’s Unfolding Policies May Disrupt Nigeria’s 2025 Growth Plans

Uncategorized

United States president, Donald Trump’s unfolding policies are forcing leaders of many nations to go back to the drawing board and rejig their national plans. As Nigeria steps up efforts to implement its N54.9 trillion 2025 budget, experts have expressed fears that President Trump’s energy policy, targeted at increasing oil output will negatively impact the $75 per barrel target on which Nigeria’s budget is based, inflation and Diaspora remittances, among others. With his ”Drill Baby Drill” energy policy, President Trump said America would invest in fossil energy resources, and boost oil and gas output in order to meet its domestic…

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