On Fuel subsidy, Senate Summons NNPC Over 43 Modular Refineries   The Senate on Tuesday lamented the multi-billion dollar being paid by the Federal Government to subsidise refined petroleum products for Nigerians. The upper chamber has, therefore, mandated its petroleum committee to invite the Ministry of Petroleum...

Modular Refineries: FG Eyes 100,000 Jobs, Secures $500m Loan From China The Federal Government has secured a $500 million (about N179.9 billion) facility from the Export Import Bank of China (CEXIM) through the Bank of Industry (BOI) for the establishment of modular refineries and the...

Kachikwu - Modular Refineries Can’t Meet Petrol Supply Deficit   The proposed modular refineries in the Delta region cannot bridge the petrol supply deficit in the country, the Minister of State for Petroleum Resources, Ibe Kachikwu, has said. Kachikwu, who briefed State House correspondents at the end...

Modular Refineries For installation in Delta The Federal Government is making progress on the establishment of modular refineries in Delta state with the arrival of one set of package shipment already in the country and undergoing Customs clearance. The Niger Delta Inter-Ministerial Committee, chaired by Vice...