Mr Komolafe stated, ” We want to track every barrel of crude loaded in a tanker.”
The expert stated that in 2024, the African energy sector attracted over $120 billion in investments, with $75 billion directed towards oil and gas development.
Slovak Deputy Prime Minister and Minister of Economy Denisa Saková criticised the plan for lacking a proper impact assessment.
In an open letter on Wednesday, the 111 groups said the search for fossil fuels in the seabed threatened marine ecosystems.
NEITI has announced a review of divestments involving 26 oil blocks worth $6.03 billion by five IOCs.
“In general, the data indicate that price hikes on essential goods are a major concern for households nationwide,” NBS said.
The European Union is building capacity among stakeholders and negotiators in Nigeria’s climate sector to address methane emissions.
Oil and gas stakeholders have called for a clear roadmap, synergy and pipeline infrastructure replacement to spur oil production.
“The timely and equitable resolution of disputes in this critical sector is paramount,” said NUPRC chief.
