As the Nigerian National Petroleum Company, NNPC Limited, moves to end petrol scarcity in Lagos and its environs, Dangote Refinery and oil marketers have intensified efforts at taking final decisions on pricing and delivery of petrol to filling stations nationwide.

Dangote Refinery, which can refine 650,000 barrels per day, bpd of crude oil, intends to commence production and distribution of the product, the bulk of which is currently imported from the global market, in May 2024.… Read the rest

The Nigerian power sector has received assurance and approval from the federal government over settlement of outstanding debts owed to gas companies providing gas supply  to the  stations

The Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo gave the assurance when he spoke at the recently organized Nigerian business community meeting with the President Ahmed Bola Tinubu in Abuja

According to him, ‘’when I came to office ,I inherited a debt in the decade of gas, and when you charge me to ensure an increase in gas provision , I have been working round the clock, to see how we can achieve that.… Read the rest