'N11trn Spent On Moribund Refineries In 13 Years'   The House of Representatives Ad Hoc Committee on the State of Refineries in the Country has said the Federal Government spent a total sum of N11,349,583,186,313.40 from 2010 to date. The Chairman of the committee, Ganiyu Johnson, however,...

Fuel Scarcity, Hike In Diesel Price Due To Moribund Refineries - Kyari   Group Managing Director of Nigerian National Petroleum Company Limited (NNPC) Mr Mele Kyari, has attributed the current fuel scarcity and hike in the price of diesel to the non functional nation’s refineries. He...

NNPC Incurred N473bn Loss Operating Moribund Refineries – Report     The Nigerian National Petroleum Corporation incurred a loss of N473.3bn in operating moribund refineries between January 2015 and February 2021, a new report by SBM Intelligence, a geopolitical and socioeconomic research firm has claimed. The report titled...

Fuel Price Hike, Moribund Refineries, Others Marred Buhari’s 1st Term This report analyses some of the industry issues and promises made by the government in the oil and gas sector during the first term of President Muhammadu Buhari President Muhammadu Buhari and his party, All Progressives...