Following the readiness of more private refineries to commence production of crude oil in Nigeria, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned all saboteurs to desist from hindering adequate and consistent supply of feedstock to operators. In a statement by Mrs Olaide…
The Senior Special Assistant to President Bola Ahmed Tinubu on Public Affairs, Ajuri Ngelale has said that more refineries in Nigeria, will not lead to lower fuel prices. He made this known during a recent interview via TVC News. According…
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have urged the Federal Government to fix bad roads and encourage private and modular refineries to enable affordable petroleum products. NOGASA also called on the government to reduce Value Added…
The House of Representatives, says it will revisit the case of the N11.3 trillion allegedly spent by the Federal Government on the turn-around maintenance of Nigeria’s refineries between 2010 and 2020. Rep. Bamidele Salam, Chairman, House Committee on Public Accounts,…
A University Don, Olanrewaju Aladeitan, says before removal of the fuel subsidy, it is expected that ideal things, including fixing the refineries to be functional, should be done for optimal benefit. The lecturer warned that the removal of subsidy on…
Troops of “Operation Delta Safe’’ destroyed 81 illegal refining sites in the Niger Delta in the last two weeks. They also destroyed 254 storage tanks, 173 cooking ovens, 118 dugout pits, and 36 wooden boats found at the sites. Director,…
The Lagos Chamber of Commerce and Industry and energy experts have expressed divergent views on the demand by labour that the pump price of petrol should not be increased until the country’s refineries are fixed. The Nigeria Labour Congress said…
Oil and gas has since its discovery and exploration from the 1970s remained Nigeria’s economic honey pot. Several reservations on the productive state of the sector however, combine to make the discourse of the sector’s working profile a controversial subject.…
