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NNPC: Where Are Our Refineries after 8 years?

NNPC: Where Are Our Refineries after 8 years?   The funds we have been spending on subsidies could buy us brand new refineries off the shelf. The NNPC awarded homongous contracts for the rehabilitation or refurbishment of our four national refineries, and by the terms of the...

NUPENG To FG: Ensure Refineries Work Before Subsidy Removal

NUPENG To FG: Ensure Refineries Work Before Subsidy Removal   Against the backdrop of the planned removal of subsidy from premium motor spirit (PMS), the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned the federal government against going ahead without bringing the local...

PENGASSAN To FG: Stop Fuel Subsidy, Revive Refineries

PENGASSAN To FG: Stop Fuel Subsidy, Revive Refineries   The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Tuesday, called on the Federal Government to stop subsidising Premium Motor Spirit, popularly called petrol. It also called on the government to ensure the speedy rehabilitation...

Adulterated Fuels: Nigeria, Others Require $15.7bn to Upgrade Existing Refineries

Adulterated Fuels: Nigeria, Others Require $15.7bn to Upgrade Existing Refineries   The African Refiners and Distributors Association (ARDA) has said Nigeria and other African countries would need at least $15.7 billion to upgrade existing refineries in their bid to reduce sulphur content. Speaking at the second Refining...

NNPC Spends Over N63bn Maintaining Nigeria’s Three Idle Refineries

NNPC Spends Over N63bn Maintaining Nigeria's Three Idle Refineries The Nigerian National Petroleum Company Limited (NNPC) invested N63.3 billion on its three refineries located in Port Harcourt, Warri and Kaduna. The National Bureau of Statistics report on trade revealed that in 2021 petrol importation jumped by...

Reps To Invite Ministers, NNPC, Others In Refineries, Fuel Consumption Probe

Reps To Invite Ministers, NNPC, Others In Refineries, Fuel Consumption Probe   The House of Representatives Ad Hoc Committee on the State of Refineries in Nigeria is billed to invite top Federal Government officials, regulators, marketers, workers’ unions, oil companies, and other stakeholders in the petroleum...