Dangote Refinery to commence operations in October, gives reason for delay

Dangote Refinery to commence operations in October, gives reason for delay By Tayo Elegbede Dangote Refinery has disclosed that plans are in motion to commence operations of 370,000 Barrels per day in October 2023. The Dangote Group Executive Director, Devakumar Edwin confirmed this. Recall that while delivering his speech at the official commissioning of the […]

Refineries: How Dangote Group was chased away from Rivers State – Bobmanuel

By Ifunanya Obeme-Ndukwe The President of the Rivers Entrepreneur and Investors’ Forum, Ibifiri Bobmanuel, has revealed that the actions of the Rivers State Government and some local governments in the state were the reasons the Dangote Petroleum Refinery was moved from Rivers State to Lagos State. Bobmanuel, in an interview with DAILY POST said the […]

‘Milestone for Nigeria’: Buhari inaugurates world’s largest single-train Dangote Refinery in Lagos

President Muhammadu Buhari inaugurates the Dangote Petroleum Refinery and Petrochemicals in Lagos State on Monday, May 22, 2023. (Photo: State House) By Oluwatobi Aworinde Thanks to Dangote Petroleum Refinery and Petrochemical, expectations are sky-high that the oil-rich nation is on the verge of ending its incessant bouts of petrol scarcity and price hikes, as well […]

EU to replace Russian gas with Nigeria’s

By Maureen Okon The European Union (EU) Delegation to Nigeria and ECOWAS said that it would replace the gas from Russia with Nigerian Gas due to the invasion in Ukraine. Mr Matthew Baldwin, the Deputy Director-General Department for (Energy), European Commission in Brussels, said this at a news conference on Friday in Abuja. Baldwin will […]

Move to ban Russian oil threatens Nigeria’s fiscal stability

By Kingsley Jeremiah, Abuja • India may dump country for discounted Russian crude Nigeria may face fresh hurdles as the geo-political tension in Europe, yesterday, escalated with moves to officially ban Russian crude oil. The European Commission proposed a full ban on Russian crude oil following the continued attack on Ukraine. The proposed ban, which […]

Gunmen attack Dangote Refinery in Lagos

  One hoodlum was killed while 19 others escaped when they attacked the Dangote Refinery located in the Lekki Free Trade Zone area of Lagos State. The Lagos State Police Command made this known in a statement on Tuesday. According to Command’s Public Relations Officer, Benjamin Hundeyin, the attack occurred on Monday and police operatives […]

Fuel subsidy removal suspension: Buhari only postpones evil days – Ex ACF scribe

From Sola Ojo, Kaduna Erstwhile Secretary of the foremost northern sociocultural group Arewa Consultative Forum (ACF) Anthony N Z Sani on Tuesday disagreed with President Muhammadu Buhari’s back down on earlier planned removal of subsidy on premium motor spirit popularly known as petrol. To him, Nigerians would understand the need for such touch but necessary decision […]

NNPC targets highest capitalisation in Africa, to shed toxic liabilities

NNPC targets highest capitalisation in Africa, to shed toxic liabilities By Adewale Sanyaolu The Nigerian National Petroleum Company (NNPC) Limited, has unveiled plans to shed some of its toxic liabilities under a new legislation – the Petroleum Industry Act(PIA). This was even as it said it will be the largest and most capitalised company in the whole […]

Supreme Court fixes Jan 17 for hearing on Rivers-Imo oil well dispute

From Tony John, Port Harcourt The Supreme Court order of injunction restraining the Federal Government and its agencies from ceding oil wells in Akri and Mgbede, Rivers State to Imo State, still subsists, the court ruled on Monday. At the resumed hearing of Suit No. SC.1037/2020 filed by Attorney General of Rivers State (plaintiff) vs Attorney […]

Rivers governor storms Supreme Court in oil well battle with Imo

From Godwin Tsa, Abuja Proceedings in the ongoing suit instituted by Rivers State against Imo State over ownership of 17 oil wells were witnessed by Governor Nyesom Wike, who arrived at the Supreme Court complex on Monday for the hearing of the case. The Court ordered the Federal Government to, within 15 days, file its […]

YCE, Yoruba Ronu disagree on alleged disgrace of monarchs by Obasanjo

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