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Nigeria: Buhari Makes U-turn, Lifts Ban On 113 Crude Oil Vessels

President Muhammadu Buhari has lifted the ban he imposed on 113 crude oil tankers from operating in the nation’s territorial waters, following their alleged...

FG approves new petrol import permits

The Federal Government has issued supplementary import permits to oil marketers for the importation of petrol due to the poor output from the country’s...

KACHIKWU GIVES WARRI REFINERY 90 DAYS FAST-TRACK ULTIMATUM

… As Refinery Management Sets November Resumption Target The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, Thursday issued  a...

No plan to sell refineries, FG assures Nigerians

The Federal Government has assured Nigerians that it has no plan to sell any of the refineries in the country but may encourage joint...

We’ve found banks with stolen oil money – Buhari

ABUJA – President Muhammadu Buhari, yesterday, in Abuja said that his administration has identified banks, financial institutions and countries in which payments for stolen Nigerian...

Yar’Adua shouldn’t have cancelled refineries’ sale to Dangote –Obasanjo

Former President Olusegun Obasanjo has said that late President Yar’Adua was wrong for cancelling the sale of the Kaduna and Port Harcourt refineries to...

NNPC Reads Riot Act to Marketers over Products Diversion…As PPMC Revokes Bulk Purchase Agreement with Three Marketers

The Nigerian National Petroleum Corporation (NNPC) in a bid to sanitize the fuel distribution and supply system and eliminate the queues at filling stations across...

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