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FG Discloses When Nigeria Will Start Exporting Petroleum Products

FG Discloses When Nigeria Will Start Exporting Petroleum Products     The Federal Government has disclosed that Nigeria will be a net exporter of petroleum products by 2022 with the five built refineries across the country and the 7 refineries that are currently under construction. The disclosure was...

Customs Want Import Tax On Petroleum Products Reintroduced

Customs Want Import Tax On Petroleum Products Reintroduced   The Nigeria Customs Service is seeking the reintroduction of import tax on petroleum products. The Comptroller-General of Customs, Col Hameed Ali, said this at the 2020 budget defence before the House of Representatives Committee on Customs. The Federal Government...

NNPC To Commence Publication Of Petroleum Products’ Supplies

NNPC To Commence Publication Of Petroleum Products’ Supplies   The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday said the oil firm was set to commence the publication of details of its petroleum products’ supplies. Beyond publishing the corporation’s monthly financial and...

Ships Carrying Petrol, Others Expected To Arrive Lagos Ports Next Week

Ships Carrying Petrol, Others Expected To Arrive Lagos Ports Next Week   The Nigerian Ports Authority (NPA) has disclosed that a total of 19 ships laden with petroleum products, food and other goods will berth at Apapa and Tin Can Island Ports between June 25 and...

In 10 Years, Nigeria Lost N205bn Worth Of Petroleum Products To Vandals

In 10 Years, Nigeria Lost N205bn Worth Of Petroleum Products To Vandals   Between 2008 and 2017, Nigeria lost a total of N205.4 billion worth of petroleum products to vandals who hacked into petroleum products pipelines of the Nigerian National Petroleum Corporation (NNPC), a report from...

Petroleum Product Flows To Nigeria, Others Rises

Petroleum Product Flows To Nigeria, Others Rises Refined oil product arrivals into Nigeria and other West African countries in December so far are 1.19 million metric tonnes as of Wednesday, compared with 1.21 million mt in the whole of November, S&P Global Platts trade flow...