NNPC Plans To Acquire Stakes In Six Private Refineries       The Nigerian National Petroleum Corporation on Monday said it is currently considering equity participation in some private refineries across the country. It said this was in line with a Federal Government’s policy directive which stipulated the mandatory...

Nigeria has no plans to impose new taxes but to expand the scope of Value Added Tax (VAT) in a drive for additional revenue. Mr Laolu Akande, the Senior Special Assistant to the Vice President on Media and Publicity, said that government was also not...

Stakeholders in the oil and gas industry have said that incentives for private refineries in the country will go a long way to boosting Nigeria's economy. The stakeholders made this assertion during a public hearing, on a bill to provide for the licensing, regulation and...