The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant surge in the country’s crude oil output, with production reaching 1.84 million barrels per day (bpd) in March 2026. This performance marks a robust recovery from the 1.48 million bpd recorded in February 2026, signaling a potential end to the operational volatility that has...
Day: April 7, 2026
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Fuel Tax Cuts Offer Only Short-Term Relief, Risk Worsening Ghana’s Debt — Energy Expert Warns
Legal practitioner and energy expert, Lom Nuku Ahlijah, has cautioned that government interventions to reduce fuel taxes or eliminate levies will provide nothing more than a temporary reprieve for Ghanaian consumers amidst rising global energy costs.While the pressure to cushion the public from the fallout of international conflicts is mounting, such fiscal maneuvers do not...
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Gov’t Clears $1.7bn Energy Debt Owed to IPP
resident John Dramani Mahama has reaffirmed the successful resolution of a staggering $1.7 billion debt overhang within the nation’s power sector, marking a pivotal turning point in Ghana’s quest for energy stability. Speaking at the 2026 Kwahu Business Forum, the President detailed a comprehensive fiscal cleanup that has effectively neutralized the financial “drag” that the...