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The Nigerian National Petroleum Corporation (NNPC) Limited and oil majors on Monday agreed to cut the time for concluding contract talks from three years to not more than six months (180 days), to speed up investment projects in the country. The new agreement signed with the companies, including Shell, Chevron, Eni, ExxonMobil and TotalEnergies, intends to make doing business in Nigeria easier. "So efficiency is going to be instilled in the process and will deliver more production," said Oritsemeyiwa Eyesan, NNPC Vice President (upstream), after a signing ceremony attended by the heads of the subsidiaries of the oil majors. President Bola Tinubu is in a drive to increase Nigeria's oil output. The presidency said international oil firms had committed $13.5 billion investments in the short term to raise production to 2.1 million barrels per day by December 2024. The Nigerian government confirmed that 7,202 cases of diphtheria have been recorded in 18 states across the country. This was disclosed in a press statement jointly signed by the Federal Ministry of Health and Social Welfare, the National Primary Health Care Development Agency (NPHCDA), and the Nigeria Centre for Disease Control and Prevention, among other partners. The government said it confirmed 7,202 ...

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