The Cheer News

Tag : #PetroleumIndustry

ECONOMY

Nigeria Earns Only 5% Revenue From Crude Oil Exports, Expert Reveals

EDITOR
By DAYO ADESULU Despite being Africa’s largest crude oil producer, Nigeria captures only 5% of the total revenue generated from its crude oil exports, according...
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ECONOMY

Port Harcourt Refinery Allegedly Operates on Old Stock: Alesa Stakeholder Speaks Out

EDITOR
By DAYO ADESULU Claims of Old Stock and Limited Operations Raise Eyebrows Timothy Mgbere, Secretary of the Alesa community stakeholders in Rivers State, has alleged...
Oil and Gas

Nigeria’s Oil Production Hits 1.8 Million Barrels per Day, Federal Revenue Set to Reach N6.99 Trillion Monthly

EDITOR
By DAYO ADESULU Federal Government to Earn N6.99 Trillion Monthly as Oil Output Reaches New High Nigeria’s Federal Government stands to gain approximately N6.99 trillion...
Oil and Gas

Pastor Adeboye Calls for Prayers Against Sabotage of Dangote Refinery

EDITOR
By DAYO ADESULU Clergyman Highlights Challenges Facing Nigeria’s Only Functional Refinery Amidst Oil Cabal Interference Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian...