Business 26 ships carrying petroleum products, food items expected at Lagos ports Quick Read It said 12 of the expected vessels would carry containers of various goods, while four would berth with aviation fuel. By Hekmot-Olaseni Alakija The Nigerian Ports Authority (NPA) says 26 ships carrying petroleum products, food items and other goods are expected…
A coalition of well-meaning Nigerians under the aegis of the Empowerment for Unemployed Youth Initiative and Guardians of Democracy and Development Initiative has faulted the fears being held in certain quarters that Dangote Refinery will monopolize the downstream sector of the oil industry. At a press conference addressed by Comrade Danesi Momoh, held in Abuja…
Resolving these structural issues requires urgency. Nigeria’s energy sector cannot thrive without clear policies, accountable institutions, and a coordinated effort to support local refiners. Only then can Nigeria secure competitive pricing for petroleum products and protect consumers from prolonged economic hardship. Can Nigeria become a competitive producer and supplier of petroleum products for both domestic…
The Independent Petroleum Producers Group has notified against any move compelling the sale of crude oil to local refineries, including the Dangote Refinery. In a letter addressed to the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, on August 16, 2024. IPPG Chairman Abdulrazak Isa pressed the Nigerian National Petroleum Company (NNPC)…
