Nigeria imported $2.25bn fuel from Malta in nine years —Report
There was a geometric leap in 2023 when the country imported fuel worth $2.08bn.
Tag: mele kyari
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I don’t operate any refinery business by proxy anywhere in the world, says Kyari
He was responding to the accusation that the President of Dangote Group, Aliko Dangote leveled against the NNPCL.
Nigeria’s gas ambitions gain ground
But regulatory and feedstock issues continue to hinder the pace of progress
NNPCL discovers 83 illegal refineries, 22 suspects arrested
It had also stated that 32 illegal pipeline connections were uncovered, at the time the 52 illegal refineries were destroyed in the Niger Delta.
NNPC Ltd fulfils promise, delivers Port Harcourt refinery
For Area 5, the Engineering, Procurement, Construction, and Installation have all been completed. The mechanical completion signifies the closure of the Construction and Installation phases.
Setting the record straight about NNPC’s remittance, opacity
Then, Sanusi had accused the NNPC of withholding over $49bn which he said ought to have been paid into government coffers.
OPINION: Subsidy removal – What went wrong?
In view of the above and the government’s frequent policy reversals, there is a need to have a close look at the management of subsidy removal by the current administration.
Bauchi, Gombe fight over Kolmani oil and gas field
Officials and residents of the two states have also accused each other of attempting to appropriate the site which is said to contain one billion barrels of crude oil reserves and 500 billion standard cubic feet of gas.
New oil field rekindles urgency of restructuring
The inauguration of drilling operations at the Kolmani River Oil Field that straddles Gombe and Bauchi states and with estimated reserves of over one billion barrels of crude potentially diversifies oil production from the Niger-Delta and brings the country closer to its ambition of growing crude oil reserves to 40 billion barrels.
Illegal pipeline: This time, unfailingly heads should roll
This time, heads should roll. Corrupt, complicit, and negligent officials and security personnel should be held responsible and visited with severe sanctions, including sackings.