THE Federal Government has been tasked to stop the proliferation of illegal refineries in Nigeria, as they impact very negatively on the environment.
Continue reading DPR, others urge govt to tackle illegal refining at Vanguard News Nigeria. …
refineries
Refineries: No TAM in 42 years — NNPC
No TAM on refineries for 42 years — Baru
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Buhari in ‘relay anchor’ for refineries rehabilitation
Sonny Atumah
Many Nigerians may not know that there are refineries in Nigeria. Our four refineries have been comatose in a quarter of a century. Those who know that four refineries exist in Nigeria, wonder day and night why their national infrastructures in Port Harcourt (1&2), Warri and Kaduna would operate at zero level.
Where did we go wrong? General Sani Abacha spent five years as Head of State exporting crude oil and importing fuel, sometimes smelling fuel.
Continue reading Buhari in ‘relay anchor’ for refineries rehabilitation at Vanguard News Nigeria. …
Stakeholders urge FG to privatize refineries, deregulate downstream
Stakeholders in the downstream sector of Nigeria’s petroleum industry have called on the Federal Government to privatise the refineries and deregulate the sector as part of 13 measures adopted to stimulate sustainable growth.
Continue reading Stakeholders urge FG to privatize refineries, deregulate downstream at Vanguard News Nigeria. …
Refineries’ sale: Minister’s power to fix fuel price turns to obstacle
Okon explained that Section 6 of the Petroleum Act remained a major setback and reason why investors might not find the refineries attractive for business. Adewale Sanyaolu The aspiration of the country to privatise its refineries in Port Harcourt, Warri and Kaduna may have yet suffered a fresh setback as the minister’s power to fix […]
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Illegal refineries constitute economic sabotage, environmental hazards -Eroton
Eroton Exploration and Production Company Limited, has restated its commitment to environmental protection, community development and other issues in Nigeria’s oil and gas industry.
Continue reading Illegal refineries constitute economic sabotage, environmental hazards -Eroton at Vanguard News Nigeria. …
Refineries failures costs $1bn annual savings
THERE are indications that the inability of the country’s refineries to meet domestic demand for petroleum products may have affected the Nigerian National Petroleum Corporation, NNPC, projected annual revenue savings of $1 billion.
Continue reading Refineries failures costs $1bn annual savings at Vanguard News Nigeria. …
FG should make refineries, oil assets work for Nigerians-IMF
Refineries production capacity down by 18%
Adewale Sanyaolu The Federal Government’s failure to turn around its ailing refineries has caused an 18 per cent decline in production capacity. The abysmal performance of the refineries is contained in the latest monthly financial report (April edition) released by the NNPC. The report indicated that Premium Motor Spirit (PMS) popularly called petrol and Dual […]
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