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Problem for Nigeria as No Buyer Found for Crude Oil

Piroll

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NAIJA NEWS: Problem for Nigeria as No Buyer Found for Crude Oil [New Naija News] » Naijacrawl
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Nigeria’s crude for May loading has been very slow to find buyers so far, with more than half of the scheduled cargoes yet clear.




More than 30 of the nation’s cargoes are still looking for buyers, according to traders specializing in West African crudes.


A total of at least 53 are scheduled to load from Nigeria next month, according to data compiled by Bloomberg. Most of the consignments are one million barrels

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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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Naija News

NNPC searches for crude oil in Nasarawa state.

prince

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NEWS: NNPC searches for crude oil in Nasarawa state. [New Naija News] » Naijacrawl
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-NNPC plans oil exploration activities in Nasarawa state.-The move is part of the presidential directive for oil exploration in the lake chad basin and its environs.The Nigerian National Petroleum Corporation (NNPC), says the corporation will soon begin crude oil exploration in Nasarawa state as part of its search for oil in the nation’s inland basins.The disclosure was made by the Group Managing Director of the Corporation, Dr. Maikanti Baru, during a v...
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Young maid caught mixing her menstrual oil with palm oil

Piroll

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NAIJA NEWS: Young maid caught mixing her menstrual oil with palm oil [New Naija News] » Naijacrawl
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An underage maid who goes by the name Faith was caught by her boss while she was trying to pour her menstrual oil into her boss' keg of palm oil.The maid who is from Abia State has not given any genuine for doing that, but it is reported that this wouldn't be the first time the teenager will be embarking on such actions.The boss has sent her packing to her village in Abia.Meanwhile, netizens have been criticizing the boss for employing an underage girl as house help...
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Oil Spills: Akwa Ibom oil community battles deadly polluted water

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NAIJA NEWS: Oil Spills: Akwa Ibom oil community battles deadly polluted water [New Naija News] » Naijacrawl
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For the people of Ibeno, a rich oil-producing community in Akwa Ibom State, the blessing of having oil has turned into a curse following the environmental, economic, and health hazards caused by oil exploration and exploitation by oil companies.Activities of multinational oil companies operating in the area have led to oil spills and gas flaring, which have been hazardous to aquatic animals, plants, and humans.An oil spill is the release of liquid petroleum hydrocar...
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