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NIGERIA'S OIL AND GAS INDUSTRY
A new legal research paper has raised alarm over the increasing exposure of Nigeria’s oil and gas industry to data breaches and cybersecurity threats, warning that poor data governance could jeopardize the country’s most strategic economic sector.
The Dangote Refinery holds the potential to transform Nigeria's energy landscape, attract investments, and stimulate economic growth.
According to the report, the oil and gas industry will remain active in the foreseeable future and will keep contributing to job growth.
About $9 billion has been retained from the average $20 billion being spent in the oil and gas industry yearly due to the implementation of the NOGICD Act.
Latest figures obtained from the NNPC has shown that it spent over 1,174 percent in subsidizing Premium Motor Spirit
The GMD of Nigerian National Petroleum Corporation (@NNPCgroup), @DrMKBaru, has revealed that the NNPC intends to export natural gas to European countries through the proposed Nigeria-Morocco gas pipeline.