NNPC to collocate 2000bpd refineries in Port-Harcourt, Warri
The Nigerian National Petroleum Corporation (NNPC) has said arrangement has been concluded for a new 100,000-barrels-per-day brownfield refinery each in Port-Harcourt, Rivers State and Warri, Delta State. According to the Group Managing Director of NNPC, Dr. Maikanti Baru, the plan is part of the corporation’s initiative designed to boost local refining capacity to end petroleum…
Adamawa DPR alleges two oil marketers diverted 16 trucks of PMS
Two oil marketers have allegedly diverted 16 trucks of petroleum products meant for Adamawa State. The Controller of Operations of the Department of Petroleum Resources (DPR) for Adamawa and Taraba states, Mr. Mohammed Alaku, disclosed this yesterday in Yola. He said the ghost marketers loaded the trucks from the Calabar depot and claimed Adamawa as…
Police arrest alleged vandals, recover petrol
Operatives of Zone II anti-crime squad, Onikan, Lagos, have arrested seven suspected vandals including two Beninnois.
Inflation: Coping with decreased purchasing power
Despite attempts by the Central Bank of Nigeria (CBN) to rescue the naira in the face of dwindling revenue, the efforts have so far failed to yield positive result, as the economy...
SSANU decries low budgetary provision for education
The Senior Staff Association of Nigerian Universities (SSANU) has bemoaned the paltry allocation of N403 billion to the education sector in the 2016 budget.
Nigeria’s winter of discontent
Sir: One year into President Muhammadu Buhari’s four years constitutionally allotted tenancy of Aso Rock, the ‘Sai Baba’ crusaders have vanished.
The energy for a deregulated life!
It is no longer news that the price per litre of premium motor spirit, PMS otherwise known, in local parlance, as petrol has gone up. What is news, however is that the new price template announced...
Deregulation: Masters energy tasks govt on strict monitoring, promises efficient fuel supply
The President, Masters Energy Group, Uchechukwu Ogah has enjoined the Federal Government and requisite regulatory agencies to set standards and ensure strict monitoring of the fuel marketing...