Local Refining Boom Cuts Petrol Imports by N6trn
Nigeria’s petrol import bill fell sharply in the first nine months of 2025, dropping by N6.07tn compared with the same period of 2024, according to an analysis of National Bureau of Statistics trade data.
The value of imported...
We'll Ensure Steady Power, Resume Local Refining of Petroleum - Tinubu in New Year Broadcast
It gives me immense joy to welcome each and everyone of you – young and old- to this brand new year 2024. We must lift up our hands to Almighty...
Our Refinery'll Promote Competition Of Local Refining In Africa - Dangote
The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will promote competition of local refining in Africa by encouraging existing large refineries to upscale, which would result in surplus products for exports.
Aliko...
Through 11,000bpd Refinery, DPR Plans To Strengthen Local Refining
The Department of Petroleum Resources (DPR), yesterday, reiterated the need to strengthen local refining of petroleum products in efforts to meet demand and reduce capital flight through import of refined products.
Director, DPR, Ahmad Shakur, said the...
‘Local Refining Of Aviation Fuel Will Save Nigerian Carriers’
Airline operators have called for local refining of aviation fuel, known as Jet A1, in order to enable them survive and operate profitably.
The product takes over 30 per cent of the airlines’ operational cost.
The operators said...
