NNPC has denied reports claiming the Old Port Harcourt refinery has shut down. The refinery, which resumed operations in November 2024, is running at 70% capacity, producing kerosene, diesel, LPFO, and petrol. NNPC urges the public to ignore false claims and emphasizes efforts to ensure a steady...
Dangote Refinery has begun exporting refined gasoline to West African nations like Togo, Ghana, and South Africa, marking the start of significant regional fuel exports. This shift aims to reduce reliance on costly European imports, potentially disrupting regional fuel markets and reducing fuel...
Nigeria officially commenced the sale of crude oil and refined petroleum products in naira on October 1, 2024. This strategic move by the federal government, led by President Bola Tinubu, aims to boost economic growth and self-sufficiency while reducing reliance on foreign currencies.
Nigeria...
Africa's richest man, Aliko Dangote, criticizes the Nigerian Midstream and Downstream Petroleum Regulatory Authority for questioning the quality and certification of his refinery's products. Dangote highlights the irony of the government demarketing local businesses instead of supporting them...
NMDPRA clarifies that Dangote refinery is at 45% completion and has not been licensed, addressing concerns about energy security and product quality. Social media reactions are mixed, with users questioning political interference and the refinery's progress.
The Nigerian Midstream and...
Nigeria faces a potential fuel scarcity crisis as the Nigerian Association of Road Transport Owners (NARTO) declares a halt to lifting petroleum products starting next week Monday.
The move is in response to the high cost of operations, primarily the soaring price of diesel needed to power...
The Nigerian National Petroleum Corporation (NNPC) would begin retailing of petroleum products across markets in the Economic Community of West African States (ECOWAS) in the next two years.
NNPC Group Managing Director, Maikanti Baru, who rebranded key downstream …
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The Central Bank of Nigeria (CBN) on Monday said Nigeria spent 36.3 billion dollars on the importation of petroleum products between 2013 and 2017.
The apex bank made the disclosure at a public hearing organised by House of Representatives’ Ad hoc Committee investigating …
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Thirty three ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin Can Island Ports in Lagos from Jan. 29 to Feb. 19.
The Nigerian Ports Authority (NPA) stated this in its publication, `Shipping Position’, a copy of which was made available to the...
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