Freedom Square TV

The International Monetary Fund (IMF) has strongly cautioned the Federal Government of Nigeria against reinstating blanket petrol subsidies, warning that restoring broad-based energy price controls would severely strain public finances and disproportionately benefit higher-income earners rather than vulnerable populations.   Speaking during a press briefing on the Fiscal Monitor report…

The Nigerian National Petroleum Company (NNPC) Limited has reaffirmed its strategic long-term vision to build a comprehensive, integrated, and sustainable energy ecosystem designed to support the entire African continent.   This ambitious agenda was highlighted during a major industry gathering where the Group Chief Executive Officer of NNPC Limited, Bayo…

Aliko Dangote, President of the Dangote Group and Africa’s richest businessman, has alleged that powerful fuel importers attempted to obstruct the establishment of the $20 billion Dangote Refinery.   According to him, the group he described as a “mafia” feared the refinery would disrupt the long-standing system that encouraged the…

------Says Nigerian Navy remains committed to protecting critical national assets and sustaining coordinated operations aimed at securing the nation’s maritime and littoral environment from economic saboteurs.   The Nigerian Navy has uncovered a network of dugout pits and storage locations containing large volumes of products suspected to be illegally refined…

------ Says Dangote Group remains committed to upholding the highest standards of integrity, while continuing to drive industrialisation, economic self-sufficiency, and sustainable development across Africa.   The Dangote Group has addressed viral claims suggesting a rift between its president, Aliko Dangote, and fellow businessman Tony Elumelu, describing the reports as…

The United Arab Emirates has announced its decision to exit OPEC and the wider OPEC+ framework, a move that could deal a major blow to the oil alliance and its leading member, Saudi Arabia, especially amid heightened global energy tensions linked to the ongoing Iran conflict.   As one of…

The Nigerian National Petroleum Company Limited has dismissed claims that it is disposing of refinery equipment or scrap materials, describing such reports as inaccurate and deceptive.   In a statement issued by its Chief Corporate Communications Officer, Andy Odeh, the company clarified that it has not initiated any bidding process,…