N12.9trn Worth of Crude Exported as Local Refiners Starve
Oil producers exported crude oil and other petroleum products worth N12.96tn in the first quarter of 2025, even as domestic refineries continue to suffer from poor feedstock supply.
This is despite the slow implementation of the Domestic...
Nigeria Crude Producers Demand Dollar Payment from Refiners
Local crude oil producers in Nigeria are demanding to be paid with United States dollars as the currency of their operations by local refiners in Nigeria.
The producers made the demand at a meeting with the Nigerian Upstream...
