Refineries Record N5.4bn Deficit, As NNPC Lifts $407.15m Crude Amidst controversy over the state of the nation’s refineries the latest report of the Nigerian National Petroleum Corporation, NNPC, has indicated that Nigeria’s three refineries guzzled a total of N5.86 billion in overhead expenses on zero...

NNPC Records 37.21% Drop in Oil Pipeline Vandalism in January …Increases Gas Supply for Power Generation The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021. This is contained in the...

Is Nigeria in Trouble?, By Gidado Y. Shuaib The title of this piece is a poser triggered by a blunt remark by Mr. Godwin Obaseki, the formidable political arch-rival of a former Edo State Governor and immediate past Chairman of the All Progressives Congress (APC),...

Passengers Groan Over 100% Air Fare Hike     This is not best of time for air passengers on domestic flights as they have to contend with high fares. It was learnt on Monday that fares on major local routes had gone up by as much as 100...

NNPC Signs $1.5bn P/Harcourt Refinery Repair Contract, Targets 18-month Completion       The Nigerian National Petroleum Corporation on Tuesday officially signed the contract with Tecnimont SPA for the $1.5bn rehabilitation programme of the Port Harcourt Refining Company. Parties in the agreement also announced the commencement of the project...

The Scandal in Port-Harcourt Refinery, by Eric Teniola     Abracadabra is now commonly used as an incantation in the performance of magic. Literally it is used as the more you look, the less you know or see. Abracadabra is the best word to describe what is...