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Nine Nigerian states in the oil region rake in trillions of naira (billions of dollars) every year thanks to huge payments mandated from the central government and oil majors.

Nigerian oil agency under scrutiny
OPEC logo at OPEC headquarters is seen during the OPEC meeting in Vienna,Austria on September 22 ,2017 where the OPEC members reviewed progress on their 2016 agreement to curb oil output.

Kuwaiti professor urges oil investment in Africa markets
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KPC official: Kuwaiti global oil sales score achievements despite pandemic
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KOC: Ratqa’s heavy oil project a boost for Kuwait’s economy
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Algeria to cut dependence oil in new economic plan
(FILES) In this file photo taken on May 05, 2020, an aerial view of a crude oil storage facility is seen in Cushing, Oklahoma. - Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak demand. (Photo by Johannes EISELE / AFP)

Big Oil confronts terminal demand decline
RIYADH: Saudis shop at a jewelry shop in the Taiba gold market on June 29, 2020 after authorities announced a 10% increase in the VAT rate from July 1. — AFP

Gulf economies to shrink 7.6% over virus, oil slump
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Kuwait oil price up by $2.18 to $37.52 per barrel: KPC
CARACAS: Drivers queue to refuel the tanks of their cars near a gas station, in Caracas on Wednesday. Falling fossil fuel demand coupled with mounting risk for investors could slash the value of oil, gas and coal reserves by two thirds, energy analysts warned yesterday. — AFP

Demand for oil, gas faces terminal fall
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Committee strips Kuwaiti citizenship of 1,647 individuals
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Oxford Academy School students pose for a photo with their Kuwait Times copies.
Oxford Academy School students visit Kuwait Times and Kuwait News
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Sons of Yusuf: Visionary Kuwaiti brothers revolutionizing Arabian Gulf sound
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Municipal Councilmember Aliaa Al-Farsi
Municipal Council environment committee urges urgent reforms for Jleeb Al-Shuyoukh
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NEW YORK: Italian visual artist Maurizio Cattelan's duct-taped banana entitled "Comedian" is on display during a media preview at Sotheby's on Nov 8, 2024. - AFP
Banana taped to wall ‘artwork’ sells for $6.2m