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Oil & Gas

Tinubu Urges Stakeholders to Partner with Afreximbank to Resolve Naira Pricing for Crude, Refined Products

President Bola Tinubu has assured Nigerians that selling crude oil and refined products in Naira will stabilize the downstream sector, urging stakeholders to partner with Afreximbank to resolve naira pricing for crude and refined products. At a review meeting of…

NNPCL’s Release of N15 Billion Worth of Products Vindicates CNPP’s Allegation of Economic Sabotage

The Conference Of Nigeria Political Parties (CNPP) has reacted to the recent release of N15 billion worth of products to independent oil marketers by the Nigerian National Petroleum Company Limited (NNPCL). In a statement signed by its Deputy National Publicity…

Nigeria Opens Up Petrol Market: Marketers Can Now Buy Directly from Dangote Refinery

In a significant move to deregulate the petroleum market, the Federal Government has authorized petroleum marketers to purchase petrol directly from the Dangote refinery, bypassing the Nigerian National Petroleum Company Limited (NNPC). According to Wale Edun, Minister of Finance and…

AASU Commends Nigeria’s Giant Leap Towards Economic Independence with Dangote Refinery Aviation Fuel Deal

The All-Africa Students’ Union (AASU) has commended the Federal Government of Nigeria for its strategic decision to designate Dangote Refinery as the sole supplier of Jet A1 fuel to the aviation sector. The continental student union noted that the landmark…

CNPP Demands Immediate Presidential Intervention on Dangote Refinery Impasse, Warns of Looming Threat to Democracy

The Conference of Nigeria Political Parties (CNPP) has expressed deep concern over the lingering controversy surrounding the pricing of petrol from the Dangote Refinery, citing far-reaching implications for the economy, livelihoods, and democracy in Nigeria and Africa. “This discrepancy raises…

Local Refinery: Niger Delta Lawyers Want PH Refinery Operational Before End Of September As Promised By NNPCL, Mele Kyari

Some lawyers from the Niger Delta have issued an ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) and its Managing Director, Mele Kyari, to ensure the Port Harcourt Refinery becomes operational before the end of September, as previously promised….

Dangote Refinery Petrol Price Controversy: IPMAN Slams NNPC Over ‘Senseless’ Pricing

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticized the Nigerian National Petroleum Company Limited (NNPC Limited) for selling petrol lifted from the Dangote Refinery at a higher price than imported ones. IPMAN National Welfare Officer, John Kekeocha, expressed…

Don’t Strangulate Dangote Refinery, MURIC Urges FG Amidst Fuel Price Hike

The Muslim Rights Concern (MURIC) has condemned the recent fuel price hike by the Nigerian National Petroleum Corporation (NNPC) and its decision to monopolize the supply of Dangote Refinery’s fuel. In a statement issued by its Executive Director, Professor Ishaq…

Mele Kyari not to Blame for Fuel Scarcity, Price Hike

By Muhammad Saleh Hassan Since the perennial crisis over scarcity of petrol and hike in price hit an alarming proportion in the country, unconstructive criticisms have trailed the performance of the Group Chief Executive Officer (GCEO) of Nigeria National Petroleum…

Protect Human Rights Of Dr. Akindele Akintoye, Protect The Investments In Duport Refinery

The All-Africa Students’ Union (AASU) has issued a press statement condemning the persecution and unjust treatment of Dr. Akindele Akintoye, a renowned investor and entrepreneur, and owner of Duport Midstream Company Limited. “We have observed with great chagrin, the protracted…

All-African Students’ Union Condemns Planned Protests, Warns Against Incendiaries

The All-African Students’ Union (AASU) has issued a strong statement condemning a planned mass shutdown of major cities in Nigeria, calling for the sack of the Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC Limited), Mr. Mele…