The World Energy 2023 report has unearthed a staggering decline of 92% in Nigeria’s crude oil refining output over the past ten years, raising concerns
The Nigerian National Petroleum Company Limited (NNPCL), yesterday, said about $32.6 billion investment is required to overhaul refineries, pipelines and critical downstream infrastructure. This was
The House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria has summoned the Minister of State for Petroleum Resources, Timipre Sylva,
Marketers to rally FG, stakeholders to achieve 18 months subsidy removal target Analyst warns government against tampering with PIA The inefficiencies associated with the four
For decades, Nigeria has attempted to revive its petroleum refineries without success, with billions of dollars going down the drain. Will the federal government’s renewed
The House of Representative has resolved to investigate the fresh $1.5bn recently approved by the Federal Executive Council to rehabilitate the Port Harcourt refinery. The
The Natural Oil and Gas suppliers Association of Nigeria (NOGASA) on Thursday charged President Muhammadu Buhari to immediately declare a state of emergency on the
**President promised to repair refineries five years ago – Varsity lecturers ***Fuel queues will return if we continue subsidy, Buhari warns Nigerians The President, Major
**PPPRA mum over September petrol price **Loading suspended at depots Nigeria spent N148 billion in the last 13 months on three refineries but produced less