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Local Refining May Drop Petrol Price to N300/Litres – Modular Refineries

Local Refining May Drop Petrol Price to N300/Litres – Modular Refineries The pump price of Premium Motor Spirit, (PMS) popularly called petrol, should drop to about N300/litre upon the commencement of massive production by the Dangote Petroleum Refinery and other indigenous producers, operators of modular...

CBN Seeks to Boost the Operations of Indigenous Oil Refiners

CBN Seeks to Boost the Operations of indigenous oil refiners CORAN, the umbrella body of indigenous crude oil refiners in Nigeria, has urged the Central Bank of Nigeria (CBN) to establish crude refinery intervention funds, similar to the Agricultural Credit Fund and Pharmaceutical Fund, which...