Energy Sector: That Dangote Refinery's Case Against NNPC, Others By Abdulrazaq Hamzat Dangote Petroleum Refinery and Petrochemicals FZE has filed a lawsuit at the Federal High Court in Abuja, seeking to nullify the import licenses issued to the Nigeria National Petroleum Corporation Limited (NNPC), Matrix Petroleum...

NNPC Sells PMS to IPMAN at N995 per Llitre   The Nigerian National Petroleum Company Limited (NNPC) has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association of Nigeria at N995 per litre. This followed the intervention of the Department of...

FG Unveils Application Portal for Fuel-to-CNG Conversion The Federal Government has launched an application portal for Nigerians willing to convert their vehicles from the use of Premium Motor Spirit otherwise known as petrol to Compressed Natural Gas. This was contained in a statement on Wednesday by...

FG Panel Proposes Six-month Crude Supply For Dangote Refinery   The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited (NNPCL) is to last for six months in the first instance, pending a further review by the...

Petrol Landing Cost Drops as Naira Appreciates   The landing cost of petrol has dropped from the N981/litre recorded on September 25, 2024, to N945.63/litre as of September 27. This is according to data released by the Major Energies Marketers Association of Nigeria (MEMAN) on Monday. The drop...

State of the Economy: Dangote Refinery, MPR Hike and Matters Arising  By Abdulhaleem Ishaq Ringim For years, the Dangote Refinery has been hailed as a potential lifeline for Nigeria's ailing economy. Despite its vast oil reserves, Nigeria has failed to achieve sustained economic growth and stability...