refinery
Concerns have begun rising over the distrust among stakeholders involved in the Port Harcourt refinery as the Nigeria National Petroleum Company Limited, NNPCL, is yet to commence production in the refinery. Showing their disappointment over numerous failed promises, the Niger Delta Youth Network, NDYN, clearly shows a cabal is deliberately exploiting the region of […]
The first sample of Premium Motor Spirit, has been displayed and presented by the Chairman of Dangote Group, Aliko Dangote, today at Ibeju-Lekki where the refinery is located. Making the broadcast at the 650,000 capacity refinery in Lagos State, Dangote appreciated the government of President Tinubu and made crude sell for naira which will […]
The president of Nigeria, President Bola Ahmed Tinubu has said that the Port Harcourt refinery will commence operation in December 2023. This was disclosed in a statement by the special adviser to the president on special duties, communications and strategy, Mr. Dele Alake, on Wednesday. The president who spoke at a meeting with the […]
The Federal Government of Nigeria has been urged to encourage more privatization of refineries and to resuscitate the four refineries in the country to boost the nation’s oil economy, DailyTrust Reports. Delivering the second inaugural lecture of Fountain University, Osogbo, entitled, “Rethinking North-South Relations: The Resource Perspective,” a Professor of Political Science, Oyegoke […]
Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants generated zero revenue as they did not process a single barrel of crude oil. The PUNCH reported that the refineries suffered a combined loss of N108.29bn in 2020, compared to N162.22bn in the previous year, according to […]
…Why NNPC is borrowing to buy 20% equity …Rehabilitation of Kaduna, Warri refineries to begin in July …Finance, energy experts pick holes As the Federal Government seeks to commence the rehabilitation of Kaduna and Warri refineries latest next month, indications emerged yesterday that the Nigerian National Petroleum Corporation (NNPC) might end up paying […]
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