
NNPC CEO indicates potential sale of refineries
Some of those technologies have not worked as we expected so far
Some of those technologies have not worked as we expected so far
The new NNPC administration must confront these tough questions about the corporation’s activities and finances
They signal a future where the ordinary Nigerian can commute safely, affordably, and efficiently,
However, Ojulari noted that despite this progress, oil production remains below expectations.
These are calculated efforts by those who feel threatened by reform, transparency, accountability, and change.
The development comes after Dangote Refinery increased its ex-depot price of petrol to N880 per litre from N825 on Friday last week.
Although the subsidy was fully removed on October 1, 2024, NNPCL did not start transferring the resulting revenue gains to the Federation until January 2025.
The new management also asked many officials with one year to their various retirement dates to leave.
The project is expected to transform the energy landscape in these regions, driving economic growth and sustainability.
The President of the Dangote Group, Aliko Dangote, said $4bn had been spent by the Federal Government in an attempt to revive the nation’s refineries.