NNPC: Transparency and Open Communication Imperative By Umar Farouk Bala After months of denying responsibility, the Nigerian National Petroleum Company (NNPC) finally acknowledged that it had accumulated significant debts to its international fuel suppliers amidst prolonged petrol shortages and skyrocketing prices of Premium Motor Spirit (PMS). The...

Petrol: Dangote Refinery to Supply 25m Litres Daily in Sept — NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote Refinery will supply the Nigerian market with 25 million litres of Premium Motor Spirit (PMS) daily beginning this September. The NMDPRA in...

Dangote Refinery Tour: What Nigerian Engineers Didn't Discuss, by Baba El-Yakubu   Rarely does a simple industrial dispute between a company and regulatory authority develop into a national pastime. The one between Dangote Refinery and NMDPRA has generated animated debates among experts and the general public....

Dangote Refinery, Energy Security and the Monopoly of Oil Sector By Kabir Fagge Nigeria's oil industry was recently thrown into chaos following disputes that erupted between Farouk Ahmed, the Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Aliko Dangote,...

Dangote Refinery and the Monopoly Question By Abdulhaleem Ishaq Ringim The petro-chemical market in Nigeria has over the past few days been subjected to scrutiny regarding the market structure it will assume with the advent of the Dangote Refinery. The CEO of the Nigerian Midstream and...

FG Increases Gas to Power Price Price By 11% The federal government has announced an increase in the wholesale price of gas to power plants by 11 per cent from $2.18 per MMBTU (Million British Thermal Unit) to $2.42/mmbtu. The gas companies had since January this...