Nigeria Losing War Against Oil Theft, Niger Delta Group Tells Tinubu, NSA, Others
A sociocultural group, the Southern Ijaw Unity Forum, says Nigeria is losing the war against oil theft.
The group told President Bola Tinubu; the National Security Adviser (NSA), Nuhu Ribadu; the Nigerian National...
NNPC Confirms Dangote's N11bn Crude Oil Purchase in July
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Dangote Petroleum Refinery accounted for 32.33 per cent of its total crude oil sales in July, worth N34.64bn This was contained in an internal document...
Ojulari Defends NNPCL, Says Refineries Will Work Again Despite Doubts
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has shown strong determination that the government-owned Port Harcourt, Warri, and Kaduna refineries will work again.
Contrary to the views of the...
Lokpobiri Reassures Commitment to OPEC Despite Rising Oil Output
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.
Lokpobiri said...
NNPC, Marketers Reduce Petrol Prices After Dangote’s Price Cut
The Nigerian National Petroleum Company Limited (NNPC) and other marketers have reduced the pump prices of Premium Motor Spirit (petrol) following Dangote Petroleum Refinery’s cut in ex-depot prices.
From as high as N950 per litre on Tuesday,...