Nigerian web-based publication, a resource centre with factual, reliable and up-to-date reports of extractive industry news in Nigeria and around the world.
Nigeria Urge Resource Rich Nations To Adapt EITI For Economic Reform
Nigeria has urged fellow resource-rich nations to transform the Extractive Industries Transparency Initiative (EITI) from a routine data-reporting checklist into a powerful...
@EITIorg
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Report on Extractive360 media roundtable on Nigeria's Petroleum Downstream Sector by Peace Talk with Mercy
https://t.co/0ZMIG3SEMU
#Nigeria#oilandgas#News#AHOF
Recently, Extractive360 organized a media Roundtable on Nigeria's oil and gas downstream sector, kindly watch the insightful report by the Nigeria Television Authority (NTA) from the event held in Abuja.
#Oilprices#Nigeria#Petrol#NewsUpdate#BINI || Naira
and Federal Competition and Consumer Protection Act 2018 as tools the media can use to advocate for competitiveness in the petroleum downstream sector.
#OilAndGas#Nigeria#Cartier
Legal Expert, Olasubomi Chuku, in her presentation titled; "Competitiveness in The Downstream Sector and What the law says", described a competitive market as an open, free market with multiple participants who operate independently and contend for their share of the market...
with regulatory neutrality and consumer protection.
She however, noted that despite the enactment of the PIA, the market is still fairly closed, and listed frameworks such as the PIA 2021...
She explained that the sector is in a state of adjustment — seeking stability and competitiveness amid shifting regulations, volatile market dynamics, and evolving public expectations.
Executive Director of Extractive360, Juliet Ukanwosu, in her opening remarks said the workshop was designed to provide some clarity and new insights which media partners and stakeholders can use to further enlighten the general public.
the consumers.
Adigun said frequent price adjustment impacts the market negatively, adding that Nigerians are the victims of poor regulation in the petroleum downstream sector, hence the call for a healthy market which promotes investment and benefits Nigerians.
Oil and Gas Governance Consultant, Ademola Henry Adigun, in his presentation titled ‘Overview of the Downstream Sector’, stressed the need for the petroleum downstream market to be driven by competition, and the competition must be fair, well-regulated and provide benefits to...
The event provided participants with clarity and new insights into how and why the sector is currently navigating a turbulent phase marked by a combination of opportunities and pressures.
Media partners and stakeholders in the oil and gas sector yesterday 13th August, 2025, participated at a workshop on Nigeria’s Petroleum Downstream Sector organized by Extractive360 at Exclusive Serene Hotel in Wuye, #Abuja.