AFREECANIMAGE

 Dear Nigerians, For many years, Nigeria has possessed some of the most promising deep offshore oil and gas resources in the world, yet several major developments have remained stalled. Oil lies beneath our waters. We have the engineers, businesses and young people capable of doing increasingly sophisticated work in the sector. What has often been missing is the certainty required for investors to commit billions of dollars, over many years, at the scale needed to turn that potential into production, jobs and opportunity for Nigerians. We cannot afford to leave that opportunity beneath our waters for another decade. I have therefore signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, to provide clear and predictable terms for a new generation of deep offshore investment in Nigeria. The framework has the potential to unlock up to $50 billion in investment, beginning with the approximately $10 billion Bonga South West project. For existing deep offsh...

By AfreecanImage News Desk Nigeria’s crude oil production fell by about 4 per cent month-on-month in July , although the country continued to produce above its Organisation of the Petroleum Exporting Countries (OPEC) quota, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The decline was attributed largely to operational challenges at the Erha and Akpo oil fields , which affected national production during the month. Nigeria Records 1.67 Million Barrels Daily Output NUPRC data showed that Nigeria recorded average crude oil production of 1.505 million barrels per day (mbpd) in July, alongside approximately 0.17 mbpd of condensate . Combined crude and condensate production therefore averaged about 1.67 million barrels per day . Production peaked at approximately 1.78 mbpd during the month, while the lowest daily output was reported at about 1.57 mbpd . Despite the monthly decline, Nigeria's crude production remained above its 1.5 million barrels...

  By AfreecanImage News Desk LAGOS, Nigeria  , Nigeria is facing a widening blood supply crisis as hospitals struggle to meet the growing demand for safe blood amid low voluntary donations, economic hardship, rising processing costs and persistent misconceptions about blood donation. Health experts and officials say the country requires between 1.8 million and 2 million units of blood annually , but current collections remain significantly below that level. Only about 500,000 units are reportedly obtained from voluntary donors, leaving a substantial gap in the national blood supply. Voluntary Blood Donation Remains Low The National Blood Service Agency (NBSA) said voluntary, non-remunerated donations account for only about 10 per cent of total blood collections nationwide. Much of the remaining supply comes through family replacement donations and, in some cases, paid donations. Experts say dependence on emergency and replacement donations can place additional pressure...

President Bola Ahmed Tinubu has called on religious and spiritual leaders across Africa and beyond to take a stronger stand against terrorism, kidnapping, banditry and the misuse of religion to justify violence. The President made the call in a goodwill message delivered on his behalf by the Secretary to the Government of the Federation (SGF), Senator George Akume , at the Grand Maulud of Sheikh Ahmad Al-Tijani in Kano on Sunday, August 9, 2026. Tinubu Seeks Stronger Role for Religious Institutions President Tinubu said religious leaders have an important responsibility to confront violence, extremism and the manipulation of faith for destructive purposes. He urged religious institutions and their networks to strengthen peace education, religious literacy, scholarship and moral development among young people , while using their influence to promote justice, compassion, responsibility and peaceful resolution of grievances. The President stressed that legitimate grievances should ...

               President Bola Ahmed Tinubu has welcomed the growing continental recognition of Nigeria’s Customs modernisation programme, describing the development as evidence of Nigeria’s capacity to build homegrown solutions for the wider African market. The President also commended the selection of a subsidiary of Nigerian-owned Bergmans Security Consultant and Supplies Limited for a 20-year, multi-billion-dollar AfCFTA Customs Modernisation Project . The project, which will be implemented through Bergmans’ subsidiary, AfriTrade CMP Limited , is expected to deploy digital and physical infrastructure aimed at improving customs processes, cargo tracking, border management and trade-data exchange across participating African countries. Another Bergmans subsidiary, Trade Modernisation Project Limited , is implementing Nigeria’s homegrown customs modernisation programme. President Tinubu said the development demonstrates that solutions develope...

The Federal Government has called for stronger collaboration between Africa and Brazil to transform the continent's livestock and agrifood systems through science, innovation, research, and technology transfer. The Minister of Livestock Development, Alhaji Idi Mukhtar Maiha , made the call while chairing the High-Level Ministerial Session on Africa–Brazil Partnership for Agrifood Systems Transformation during the 9th Africa Agriculture Science Week (AASW9) and the 10th Forum for Agricultural Research in Africa (FARA) General Assembly held in Abuja.                    Maiha said Africa and Brazil share similar ecological conditions and agricultural potential, making closer cooperation essential for improving food security, reducing poverty, and increasing livestock productivity across the continent. He pointed to Brazil's successful transformation of the Cerrado into a major agricultural hub as evidence of what sustained investment ...