Nigeria targets fuel exportation to neighbouring countries – Buhari
ABUJA – President Muhammadu Buhari has said the realisation of the refinery roadmap that was rolled out two years ago will enable Nigeria to export […]
Petroleum Resources
NNPC Spent N81.41 Billion On Refineries for 8 Months, Without Refining a Drop of Crude Oil – Report
While refining zero crude oil, the Nigeria National Petroleum Corporation spent a staggering N81.41 billion on its refineries between January and August, 2020, according to […]
COVID-19 vaccine discovery, remote cause of petrol price increase – Sylva
The recent upwards increase in petrol pump price, from N158 to N168, has been attributed to the announcement of a possibility of having a vaccine […]
Petrol hike: ‘This is next level hardship’, Nigerians slam Buhari
Nigerians on Friday described the fresh increase in the pump price of petrol as “next level hardship”. They took to the social media to criticise […]
NNPC Raises Petrol Depot Price, Marketers To Sell At N168-N170/Litre
The ex-depot price of Premium Motor Spirit, also known as petrol, has been raised to N155.17 per litre from N147.67 per litre by the Petroleum […]
NNPC Reduces Debts To IOCs To $1.58bn, Pays Off Mobil
Out of about $4.6 billion negotiated joint venture (JV) oil production debt Nigeria was owing international oil companies (IOCs), about $3.02 billion has been paid […]
Ikpea seeks import waiver, tax relief for indigenous fabrication companies
WARRI – The Federal Government has been urged to grant import waiver and tax relief for indigenous fabrication companies to enable them continue to support […]