Oil Marketers Seek FG's Approval To Fix Refineries
Oil marketers have expressed willingness and capacity to fix Nigeria’s dysfunctional refineries and get the facilities running in the shortest possible time.
Operators of retail outlets in the downstream sector of the oil industry called on the Federal...
Nigeria Imports N1.62trn Petrol In Nine Months
Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from January to September, the latest data obtained from the National Bureau of Statistics have shown.
The country spent N1.72tn on petrol imports in the...
Gas Leakage: Industrial Customers Suffer Supply Cut
Industrial customers and other entities receiving gas through the pipeline that was ruptured in Magboro, Ogun State, on Wednesday have seen supply cut off following the isolation of the affected section of the line.
One of our correspondents gathered...
China Approves Loan For $2.6bn AKK Gas Pipeline
China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the Federal Government announced on Tuesday.
Minister of Finance, Budget and National Planning, Zainab Ahmed, and Group Managing...
Fuel Imports Gulped N700.46bn In Three Months – NBS
The amount spent on the importation of petroleum products into Nigeria rose to N700.46bn in the third quarter of this year, moving closer to the pre-COVID-19 level, the latest data from the National Bureau of Statistics...
Oil Marketers Refuse To Obey N5 Reduction In Petrol Price
Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week.
After meeting with officials of...
