FG Sets Up Committee to Resolve Dispute on Domestic Crude Supply to Refineries
The Minister of State for Petroleum Resources (oil), Heineken Lokpobiri, says the federal government has set up a committee to resolve the dispute on domestic crude supply to the Dangote refinery and...
Whistleblowing Policy: N83bn, $609m Recovered in Six Years – Finance Minister
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, says the whistleblowing policy has helped the federal government to recover N83 billion, $609 million, and €5 million.
Edun spoke on Wednesday at a...
FG Plans N3bn to Mitigate Flooding Effect
The Federal Government has announced its plan to provide N3 billion in support to all states in an effort to mitigate the impact of the recent flood disaster.
The Minister of Finance and Coordinating Minister of the Economy, Mr....
Dangote Refinery: Stakeholders to Discuss Petrol Price ahead September Rollout
There are indications that the Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira will further discuss the pricing of Premium Motor Spirit, popularly...
FG Reveals Requirements to Access $500m Bond Subscription
The Federal Government has said that investors seeking to invest in its latest financial instrument must disclose specific identification requirements to participate in the exercise.
It disclosed this in a Frequently Asked Questions document provided by the Debt...
Petrol Production Test-Run Begins at Dangote Refinery – Report
A report by Reuters stated that the Dangote Petroleum Refinery is undergoing test runs for petrol production, with full operation expected to commence by mid-September.
Citing a note by IIR Energy, an oil industry monitor, the publication...