By Udeme Akpan, Energy Editor, Obas Esiedesa, Ediri Ejoh & Mariam • We want to import, compete with NNPC, Dangote — Independent Marketers • FG, others should be transparent — CPPE The Nigerian National Petroleum Company Limited, NNPCL, has authorised major petroleum marketers to commence lifting the premium motor spirit, PMDS, otherwise known as petrol, […]
‘I’m ready to let go so they can run it,’ Dangote offers to sell refinery to NNPC President of the Dangote Group, Aliko Dangote has offered to sell the Dangote Refinery to the Nigerian National Petroleum Corporation Limited (NNPCL) to address allegations of monopoly in the industry. In an exclusive interview with Premium Times, Dangote […]
By Mo2n President Bola Tinubu has explained why he removed subsidy on petrol. According to Tinubu, it was a challenging decision to make, but necessary to ensure a transparent energy sector. The President stated this while speaking at the opening of the 2024 Nigeria International Energy Summit, NIES, in Abuja. Tinubu was represented by his […]
Obasanjo stated this in Abuja at the launching of a book titled, ‘Court and Politics,’ written by Dr. Umar Ardo, a former associate of the ex-Vice President, Atiku Abubakar. According to the former president, one of the reasons why Nigeria’s economy is in ruins is that while other oil-producing countries have records of their oil […]
By Sandra Nwaokolo Shell has announced its withdrawal from oil exploration in Nigeria and has reached an agreement to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium of five companies consisting of four exploration and production firms based in Nigeria and an international energy […]
By Muhammad Sabiu FORMER president, Muhammadu Buhari has said he was happy when his successor, President Bola Tinubu increased the price of petrol. There were several attempts by Buhari to remove the fuel subsidy but all failed. However, the former Nigerian leader made his feelings known at the annual dialogue of Katsina Consultative Forum (KCF) […]
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 […]
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 […]
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 […]
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 […]
Senator Natasha Akpoti-Uduaghan says Senate is like a ‘cult’
“This is oppression” – Viral photo of NYSC corper kneeling before official sparks public outrage
Senator Natasha Akpoti-Uduaghan suspended for six months amid the sexual harassment allegation against Akpabio
Senator Natasha Akpoti to Akpabio’s wife: Let your husband defend himself
Minister of Aviation, Festus Keyamo, to foreign airlines: No local catering, no summer flights
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