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Nigeria Trending Now: Tinubu's 2027 Campaign, the Petrol Discount Row, the Ondo Air Crash and the Stories Everyone Is Talking About

Nigeria Today • Thursday, October 15, 2026 Nigeria Trending Now: Tinubu's 2027 Campaign, the Petrol Discount Row, the Ondo Air Crash and the Stories Everyone Is Talking About By Ohizu Chibuike Paschal | ohipascal234 Nigeria never takes a day off from making headlines. From the heat of the 2027 race to fuel prices, from a national tragedy in Ondo to the sad passing of a gospel icon, here is your premium rundown of what is dominating the conversation today. 1. The 2027 Race Is Officially Heating Up Politics owns the front pages today. The All Progressives Congress (APC) inaugurated its Presidential Campaign Council in Abuja on Wednesday, and the reactions have not stopped. Speaking at the event, FCT Minister Nyesom Wike reportedly warned APC governors and council members that they should not claim victory if they fail to deliver their states for President Bola Tinubu's re-election. Across the aisle, former Vice President Atiku Abubakar has criticised the expand...

Shell's $11.50/Barrel Tax Credit: Nigeria's $20bn Oil Gamble

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Shell's $11.50-Per-Barrel Tax Credit: Nigeria Bets Big on Oil to Fund Its Future [IMAGE: Photo of an offshore oil rig] Introduction While security dominates the headlines, Nigeria's economic engine room has been just as busy. The federal government has approved a special production-linked tax credit of $11.50 for every barrel of crude oil produced by Shell Plc and its partners under the Bonga Southwest Aparo deepwater project — a move aimed at unlocking an estimated $20 billion in fresh investment. Why the Government Is Sweetening the Deal The incentive, approved by President Tinubu, is more than double the standard production tax credit and is intended to help the long-delayed deepwater project finally reach its Final Investment Decision. Government sources say the same fiscal incentive will be extended to other international oil companies developing new deepwater projects until at least 2029, part of a broader strategy to revive investment, boost crude output, and strengthen ...