TheFact Daily

The Nigeria Extractive Industries Transparency Initiative (NEITI) has applauded the political will, courage and sincerity of purpose demonstrated by President Bola Ahmed Tinubu to remove fuel subsidy right from his inaugural speech. NEITI's Deputy Director/Head Communications & Stakeholders Management, Obiageli Onuorah in a statement on Tuesday, described the move as a positive statement by the administration to decisively implement the findings and recommendations contained in the NEITI reports....

Subsidy Removal: NEITI Applauds FG, Offers Eight Strategic Considerations - TheFact Daily The Nigeria Extractive Industries Transparency Initiative (NEITI) has applauded the political will, courage and sincerity of purpose demonstrated by President

Shots have reportedly been fired within the barricaded premises of No. 15 Awolowo Road, Ikoyi, Lagos, taken over from the Economic and Financial Crimes Commission (EFCC), by the Department of State Services, (DSS). Police officers attached to the EFCC and other members of staff expressed shock at the development on Tuesday. The shots which appeared to have been fired in the air as a warning came just as journalists approached the locked gate of the premises to get close-up video shots....

DSS, EFCC Face-off: Shots Fired At Anti-graft Agency's Building - TheFact Daily Shots have reportedly been fired within the barricaded premises of No. 15 Awolowo Road, Ikoyi, Lagos, taken over from the Economic and Financial Crimes

TotalEnergies, operator of OML130 in Nigeria, announces the renewal of the production license on this block for 20 years. Located 150 kilometers off the Nigerian coast, the OML130 block contains the prolific Akpo and Egina fields which came into production in 2009 and 2018 respectively. In 2022, production amounted to 282,000 boe/d: nearly 30% was gas sent to the Nigeria LNG plant, notably contributing to Europe’s energy security....

TotalEnergies Nigeria Renews OML130 Deep Offshore License - TheFact Daily TotalEnergies, operator of OML130 in Nigeria, announces the renewal of the production license on this block for 20 years.