NNPC Cuts Production Cost To $23/barrel

The Nigerian National Petroleum Corporation (NNPC) said yesterday that the country has saved a minimum of $3billion per annum by cutting the cost of crude oil production from $78 dollars per barrel to $23 per barrel as at August 2015,... ... [Read more....]

Local Rice Production Hits 15m Tonnes

Local rice production in Nigeria has now reached 15 million metric tonnes annually, the government has claimed. It said the development means the country will now be saving about N300 billion it used to spend annually on importation of the... ... [Read more....]

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