Dangote Refinery Achieves Major Milestone With Successful Receipt Of One Million Barrels

Dangote Refinery Achieves Major Milestone with Successful Receipt of One Million Barrels

Dangote Refinery announced the successful reception of its first one million barrels of Agbami crude from Shell International Trading and Shipping Company Limited (STASCO). The cargo, which sailed to the facility’s Single-Point Mooring (SPM), was efficiently discharged into the refinery’s crude oil tanks, marking a crucial milestone in the refinery’s operational readiness. This inaugural supply,…

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&Quot;Nigeria'S Fuel: President Tinubu'S Power Play Amidst Rising Costs And Quality Standards&Quot;

“Nigeria’s Fuel: President Tinubu’s Power Play Amidst Rising Costs and Quality Standards”

Nigeria’s Fuel: In a recent statement from S&P Global, concerns have been raised over potential cost increases for Nigeria’s petrol and diesel imports. This issue arises following the announcement by Netherlands and Belgium, key suppliers of Nigeria’s fuel, regarding plans to elevate specifications and quality standards for their exports. This move is part of environmental…

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Nigeria Governors Forum Urges Halt On Fuel Imports To Boost Dangote Refinery Impact And Fuel National Prosperity

Nigeria Governors Forum Urges Halt on Fuel Imports to Boost Dangote Refinery Impact and Fuel National Prosperity

The Nigeria Governors Forum have voiced their opposition to any new fuel imports by private marketers, arguing that such imports would undermine the potential of the recently inaugurated Dangote Refinery. The governors believe that relying on foreign fuel imports not only weakens national economic autonomy but also contradicts efforts to achieve self-sufficiency in refined petroleum…

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Nnpcl Drastically Raises Petrol Price To N1,025 Per Litre Amid Deregulation Push

NNPC Dispatches Trucks to Dangote Refinery Ahead of Fuel Loading Set for Sunday 15, 2024

NNPC, Nigerian National Petroleum Company Ltd. has initiated the dispatch of trucks to the refinery’s fuel loading gantry in Ibeju-Lekki, in preparation for the highly anticipated petrol loading at the Dangote Refinery. This event, set for Sunday, September 15, 2024, marks a significant step towards domestic fuel distribution, and NNPC Ltd. has prioritized ensuring seamless…

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Nigeria'S Gas Revolution: A Game Changer For Economic Growth

Nigeria’s Gas Revolution: A Game Changer for Economic Growth

Nigeria, endowed with extensive natural gas reserves estimated at approximately 209 trillion cubic feet, is on the cusp of a transformative “gas revolution” aimed at driving its economy to new heights. President Bola Tinubu’s recent inauguration of three significant gas processing projects marks a pivotal step in this ambitious plan. However, the question remains: Can…

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National Grid Collapses For The Third Time In A Week, Plunging Nigeria Into Darkness

Director of NNPC’s Kyari Announces Port Harcourt Refinery Opening in 2 Week And Kaduna Refinery Targeted for December

The Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has announced that the Port Harcourt refinery is poised to resume operations within the next fortnight. Speaking before the Senate ad-hoc committee investigating the Nigerian Refineries‘ Turn Around Maintenance (TAM) Projects, Kyari expressed confidence in the refinery’s readiness for production. He disclosed that…

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Federation Account Allocation Committee Allocates N1.13 Trillion In December 2023 – A Game-Changer For National Development

Federation Account Allocation Committee Allocates Positive N1.13 Trillion in December 2023 – A Game-Changer for National Development

The Federation Account Allocation Committee (FAAC) declared a remarkable distribution of N1.13 trillion in earnings for December 2023. This marked a substantial increase of N500 billion compared to the previous month’s allocation, demonstrating a positive financial trend. The committee, led by Dr. Oluwatoyin Madein, the Accountant General of the Federation, disclosed the breakdown of this…

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Port Harcourt Refinery Set To Commence Operations Despite Doubts

Port Harcourt Refinery Set to Reopen Operations Dec, 2023 Despite Doubts

Ibrahim Onoja, the Managing Director of the Port Harcourt Refining Company (PHRC), has reaffirmed that the long-awaited revival of the Port Harcourt Refinery is on track, aiming for a December start despite widespread skepticism. In a recent television appearance, Onoja echoed the assurance given by Mele Kyari, the CEO of the Nigerian National Petroleum Company…

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