JUST IN: Nigeria’s oil production drops by 1.7% in September, amid economic hardship
Politics

JUST IN: Nigeria’s oil production drops by 1.7% in September, amid economic hardship

Politics tamfitronics Nigeria’s oil production, including condensates, fell to 1.544 million barrels per day (bpd) in September 2024, down from 1.570 million bpd in August 2024.The 1.7% decline marks a continued fluctuation in the nation’s oil output, adding further pressure on the country’s economic recovery efforts.The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed these figures in its latest October 2024 Crude Oil and Condensate Production report.The month-on-month reduction raises concerns about Nigeria’s ability to meet both domestic energy needs and international export targets, particularly as global oil prices remain volatile.Nigeria, which heavily relies on crude oil exports to generate foreign exchange and revenue, has faced persistent challenges that affect its production levels.These include infrastructure decay, pipeline vandalism, oil theft, and the complex security situation in the oil-rich Niger Delta.Already, there are fears that the production...
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Bolaji wins Nigeria’s first medal at the paralympic games
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Bolaji wins Nigeria’s first medal at the paralympic games

Top Stories Tamfitronics Eniola Bolaji has secured Nigeria’s inaugural medal at the 2024 Paris Paralympic Games.In a commanding performance, Bolaji triumphed over Ukraine’s Kozyna Oksana with a decisive 2-0 victory (21-9, 21-9) to claim the bronze medal in the Women’s Singles SL3 category of para badminton.Her exceptional display on the court earned her a historic milestone as the first African to win an Olympic medal.However, Bolaji faced a setback in the semi-finals, where she was defeated by the world number 2 seed with a score of 2-0.Following the match, Bolaji shared that the loss in the semi-finals was due to the intense pressure she felt.“I lost the semi-final match yesterday because I was overwhelmed by the pressure I placed on myself. I was very eager to win, especially since I had defeated my opponent twice...
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Nigeria’s Tinubu Heads for France in Newly Acquired Aircraft | Company Business News
Business News

Nigeria’s Tinubu Heads for France in Newly Acquired Aircraft | Company Business News

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VIDEO: Nigeria’s problems beyond LG autonomy, says Makinde
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VIDEO: Nigeria’s problems beyond LG autonomy, says Makinde

Top Stories Tamfitronics The Oyo State Governor, Seyi Makinde, has described the Supreme Court’s judgment on local government autonomy as a distraction from the more pressing issues facing the country.In a video released on Saturday, Makinde emphasized the need to address the underlying problems of productivity, hunger, and anger in Nigeria.He said in part, “So the judgment of the Supreme Court, there is local government autonomy, financial autonomy, and all of that, and I will still say it, I think it’s just a distraction. We must face...
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