Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has enjoined Nigerians to pray that refineries in the country do not work. According...
The Federal Executive Council has approved contracts for the rehabilitation of Warri and Kaduna refineries at a cost of $1.4 billion. The breakdown shows that $897...
The Federal Government has said that it has no money to fix the nation’s refineries. The Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this...
The federal government may have perfected plans to privatise the nation’s refineries within the next one year, according to revelations by the Minister of State for...
The Minister of State for Petroleum, Dr Ibe Kachikwu, said on Saturday that the Federal Government needed 700 million dollars to upgrade its refineries to produce...
Federal Government has re-inaugurated the 46 kilometres Escravos-Warri-Kaduna pipeline for easy supply of crude to the refineries. This is contained in a statement signed by Malam...
President Muhammadu Buhari has approved the unbundling of the Nigerian National Petroleum Corporation (NNPC). Seven independent operational units will be derived from the corporation. The new...
President-elect Muhammadu Buhari will reduce the pump price of fuel from N87 to N40, when sworn into power, come May 29th, 2015. This is the projection...
Nigeria’s president Goodluck Jonathan Friday approved the commencement of the privatisation of the nation’s four refineries by Bureau of Public Enterprises [BPE]. The House of Representatives...
By Elisha Bala-Gbogbo Nigeria, Africa’s largest oil producer, plans to begin privatizing its four state-owned oil refineries before the end of the first quarter, Petroleum Minister...
