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Parachute is the flagship brand of Marico. Before the 1992 economic liberalisation in India, the government classified vegetable oils as an essential commodity. [1] In the late 1990s, Marico made its first serious entry into foreign markets by setting up a manufacturing plant in Bangladesh. Parachute's market share rose to 70% within ten years. [1]
Oil and gas in Nigeria. The first oil well in Nigeria was drilled in 1958 in Oloibiri [12] which is present day Bayelsa State. This acted as a milestone for the production of oil and gas in Nigeria and the emergence of the country as a top oil & gas producer globally. In 2022, Nigeria was still Africa's biggest oil producer and one of the ...
The Nigerian National Petroleum Company (NNPC) Limited is a state-owned oil company in Nigeria. Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022. [1] NNPC Limited is the only entity licensed to operate in the country's petroleum industry.
Nigaz is an energy exploration and generation company operating throughout Nigeria, specializing in the construction of oil and gas refineries, pipelines, and gas power stations. [1] It is a joint venture between the Russian gas company Gazprom EP International B.V. (100% affiliate of OAO Gazprom ) and the Nigerian National Petroleum Corporation .
The country produces about 2.4 million barrels of crude oil daily which is exported to be refined abroad; however due to years of corruption-fueled neglect the domestic refineries are inoperative. [6] As a consequence, Nigeria imports 70% of its gasoline (about 250,000bpd of petroleum products [7]) into the country for sale to its citizens. [6]
Nigeria's health regulator is recalling a batch of Johnson & Johnson children's cough syrup after finding an unacceptably high level of a potentially fatal toxic substance, it said on Wednesday.
However, TikTok account BStylesIt found Parachute's full-sized, linen duvet at HomeGoods for as little as...wait for it...$40. Wow . Naturally, TikTok is low-key losing it over this unexpected find.
Although Libya has more reserves, there were 37.2 billion barrels (5.91 × 10 ^ 9 m 3) of proven oil reserves in Nigeria as of 2011, ranking the country as the largest oil producer in Africa and the 11th largest in the world, averaging 2.28 million barrels per day (362 × 10 ^ 3 m 3 /d) in 2006. At current rates this would be 45 years of supply ...