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Tag: Refineries

Dangote fuel will be sold in naira not dollars - IPMAN
featured Oil and Gas

Dangote refineries to supply 150,000 IPMAN fuel stations

The Dangote Petroleum Refinery will deliver fuel to around 150,000 retail outlets managed by the Independent Petroleum Marketers Association of Nigeria, following a meeting between refinery management and IPMAN executives. The PUNCH reported that last week Monday, IPMAN booked a meeting with Dangote refinery management to discuss the supply of products to independent marketers. The IPMAN President, Abubakar […]

NNPC, First E&P provide free healthcare in host communities
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How NNPCL spent N4.8trn operating state-owned refineries 10 years

Operating state-owned refineries cost the Nigerian National Petroleum Company Limited N4.8 trillion between 2010 and 2020. Nairametrics reported that the Federal House of Representatives said that since 2010, the Port Harcourt, Warri, and Kaduna refineries’ output has not surpassed 30%. Although the House of Representatives report claimed that the refineries had been idle for years, […]

How Nigeria’s refineries lost 218 workers, N69bn
Oil and Gas

How Nigeria’s refineries lost 218 workers, N69bn

  Data from the financial statements of Nigeria’s refineries, newly provided by the Nigerian National Petroleum Company Limited, showed that the number of employees dropped by 218 within a year, while the facilities registered a cumulative comprehensive loss of N69.03bn over the review period. The Nigerian National Petroleum Corporation runs Nigeria’s three refineries: the Kaduna […]

Nigerians bought petrol N191.65 per litre September- NBS
Oil and Gas

FG spent N1.593tn on fuel subsidy in six months – Report

The Federal Government spent a total of N1.593 trillion on subsidy of Premium Motor Spirit, often known as petrol over a six-month period between January and June 2022. This was discovered in recent data on the subject cited by The PUNCH. It was also learned that the Nigerian National Petroleum Company Limited invested N54.66bn in […]

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Political interference, inconsistent policies frustrating refineries repairs – NNPC ex-manager

A retired Group General Manager, Research and Development, Nigerian National Petroleum Corporation, Dr Bola Afolabi, speaks about his family, education, career and related issues What was your childhood ambition? As a child, I wanted to be a medical doctor because of the care they administer and the selfless nature of their calling. Their white garment […]

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