Connect with us

NEWS

Nigeria Oil Production Increases To 2.1mbpd.

Published

on

Nigeria’s oil production is nearly back to normal following a sharp drop earlier this year due to rebels attacking pipelines, the oil minister said Tuesday.

“The reality is that as of today and this morning, we are at 2.1 million barrels production. That’s substantial,” Minister of State for Petroleum Emmanuel Kachikwu said in the nation’s capital of Abuja.

Nigeria normally produces around 2.2 million barrels per day (bpd), but output dropped to a low of 1.4 bpd this year due to rebels attacks.

Addressing the press after a meeting between Nigerian President Muhammadu Buhari and representatives from the oil-producing Niger delta region, Kachikwu said “a lot of behind the scene engagements” were paying off.

“Part of the expectations by 2017 is to target zero shutdowns as a result of militancy,” Kachikwu said, describing the talks as “fairly good, fairly civilised dialogue”.

The meeting was attended by Edwin Clark, a veteran leader who spoke on behalf of some of the militant groups in the country’s restive southern swamplands, including the Niger Delta Avengers.

Clark made 16 demands to the Nigerian government, including revamping an amnesty programme for ex-militants, reducing the military presence in the region and cleaning up pollution.

The demands borrow heavily from the Avengers, who demand a greater share of oil revenue and also want the government to finish construction of a university.

Without peace in the Niger delta, which produces the bulk of Nigeria’s oil, Buhari will struggle get the funds needed to kick-start the Nigerian economy out of its worst slowdown in years.

But analysts point out that his government can only meet so many of the demands.

“I think it’s the beginning of the discussion,” Dolapo Oni, energy analyst at Ecobank, told AFP.

“We’ve seen the demands and we know not all of them can be granted, but as much that can be done I think Buhari will do,” Oni said.

Then there is the issue of rival militant groups threatening any agreement.

On Sunday, the Niger Delta Greenland Justice Mandate group claimed an attack on a gas pipeline, saying it will “never support” the talks and declaring “this is not ending soon.”

Continue Reading

NEWS

Ayra Starr Launches Doll Collection

Published

on

Ayra Starr is a famous singer from Nigeria. She has become very popular in the music world. Many people like her special way of singing and her unique style. Ayra Starr has launched a doll collection. She is making dolls that look like her. These dolls are special because only a small number of them will be made. This is called a “limited edition.”

On Thursday, Ayra Starr told her fans about these new dolls. She shared this information on her social media accounts. These are websites and apps where she can talk directly to her fans.

The News Agency of Nigeria, also called NAN, reported this story. NAN is a company that collects and shares news in Nigeria.

Continue Reading

ENTERTAINMENT

Musician Khaid Returns To Social Media After Protracted Illness; Unfollows All But Olamide

Published

on

Musician Khaid returns to social media after illness | fab.bg

Khaid, a rising Nigerian music star, has recently returned to social media after a period of absence due to a serious health issue. He had been hospitalized for a month due to internal bleeding, which caused significant concern among his fans and fellow artists.

The young artist, whose real name is Sulaimon Shekoni Abiola, had been away from the public eye for several months. His health condition was initially revealed by his manager and record label boss, Sydney Talker. Videos showing Khaid in distress circulated online.

Upon his return to social media, Khaid made some dramatic changes to his online presence.

Most notably, he has unfollowed everyone on his Instagram account except for one person: the well-known musician Olamide. This unexpected action has sparked curiosity and speculation among his followers and industry insiders about potential changes in Khaid’s professional relationships.

 

View this post on Instagram

 

A post shared by Little snow ☃️ 444 (@khaidxr)

The only hints about Khaid’s current state of mind come from a series of cryptic posts he has shared. These posts appear to address his critics and suggest that he may be experiencing both personal and professional conflicts.

Continue Reading

NEWS

Netflix Subscription Prices Increases In Nigeria For The 2nd Time This Year

Published

on

Netflix increases subscription prices in Nigeria 2nd time | fab.ng

Netflix has significantly increased its subscription fees for Nigerian users. This marks the second time the popular streaming platform has raised prices in just three months. The substantial hike, impacting all subscription tiers, has drawn criticism from subscribers already burdened by the rising cost of living.

With this latest adjustment, Netflix joins a growing list of companies increasing their prices in Nigeria. This adds to the financial strain on consumers.

Continue Reading

Latest

Mr. Versatile album: KCee Releases new album | fab.ng Mr. Versatile album: KCee Releases new album | fab.ng
FAB FRESH10 hours ago

New Album: KCee Releases Feat. Odumodublvck, Teni, Diamond Platnumz – ‘Mr. Versatile’

KCee has a new album called “Mr. Versatile“. This name shows that KCee is good at doing many different types...

Rebel Queen: Yemi Alade releases her sixth album | Fab.ng Rebel Queen: Yemi Alade releases her sixth album | Fab.ng
FAB FRESH12 hours ago

Yemi Alade Releases Her Sixth Album, ‘Rebel Queen’

Yemi Alade has just released a new album called “Rebel Queen“. She is a famous singer from Nigeria, known all...

NEWS13 hours ago

Ayra Starr Launches Doll Collection

Ayra Starr is a famous singer from Nigeria. She has become very popular in the music world. Many people like...

Musician Khaid returns to social media after illness | fab.bg Musician Khaid returns to social media after illness | fab.bg
ENTERTAINMENT1 day ago

Musician Khaid Returns To Social Media After Protracted Illness; Unfollows All But Olamide

Khaid, a rising Nigerian music star, has recently returned to social media after a period of absence due to a...

Netflix increases subscription prices in Nigeria 2nd time | fab.ng Netflix increases subscription prices in Nigeria 2nd time | fab.ng
NEWS1 day ago

Netflix Subscription Prices Increases In Nigeria For The 2nd Time This Year

Netflix has significantly increased its subscription fees for Nigerian users. This marks the second time the popular streaming platform has...

BBNaija 9: things to know before season starts on Sunday | fab.ng BBNaija 9: things to know before season starts on Sunday | fab.ng
ENTERTAINMENT1 day ago

BBNaija 9: You Must Know These 4 Things Before The New Season Of Starts On Sunday

Africa’s most popular reality TV show, Big Brother Naija, is about to launch its ninth season (BBNaija 9) in a...

Burna Boy to mark 5th anniversary of 'African Giant' | fab.ng Burna Boy to mark 5th anniversary of 'African Giant' | fab.ng
MUSIC2 days ago

Burna Boy To Mark The 5th Anniversary Of ‘African Giant’ With YouTube Special

Burna Boy is a prominent African musician who has achieved global superstar status through his award-winning music and record-breaking concerts....

'Londoner' wins Best fiction feature prize at Durban | fab.ng 'Londoner' wins Best fiction feature prize at Durban | fab.ng
ARTS & CULTURE2 days ago

Babatunde Apalowo’s ‘Londoner’ Wins Best Fiction Feature Prize At Durban FilmMart

“Londoner” is an autobiographical film that tells the story of Ayo, a Nigerian bank manager who moves to London to...

Davido Partners With GAC Motors In Multi-Million Deal | fab.ng Davido Partners With GAC Motors In Multi-Million Deal | fab.ng
ENTERTAINMENT2 days ago

Davido Partners With GAC Motors In Multi-Million Deal

David Adeleke, who is famously known as Davido, has entered into a new business agreement with GAC Motors, a well-known...

KCee Teases Release Of New Album, "Mr. Versatile" | fab.ng KCee Teases Release Of New Album, "Mr. Versatile" | fab.ng
MUSIC2 days ago

KCee Teases Release Of New Album, “Mr. Versatile”

KCee is a well-known Nigerian musician who has been making popular music for almost 20 years. He has managed to...

-Ad-

under40ceos-starting-a-business
under40ceos-starting-a-business

Trending