The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West Africa, Southern Africa and inter-continental markets. The President/CE of Dangote Group, Aliko Dangote made this disclosure on Tuesday at the Nigerian Content Midstream – Downstream Oil and Gas Summit…
The House of Representatives has mandated its Committees on Petroleum Resources (Downstream) and Gas Resources to investigate the outrageous rise in the prices of diesel and cooking gas in the country. The committees were given a time frame of six weeks by the House to conclude the assignment. The motion, which led to the resolution,…
The Minister of Finance, Budget and Economic Planning, Mrs. Zainab Ahmed, has recently in Abuja said that the Federal Government is still in consultation with various stakeholders on the need to end fuel subsidy. Mrs. Ahmed said this during an interaction with the Senate President, Mr. Ahmed Lawan, Honourable Minister of State Petroleum, Timipriye Sylva,…
The Senate has received a request from President Muhammadu Buhari, to amend the Petroleum Industry Act 2021 passed by the National Assembly over two months ago. The request was contained in a letter dated September 16, 2021, and read during plenary on Tuesday by the Senate President, Ahmad Lawan. President Buhari in the letter explained…
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote has disclosed plans to increase the human capacity at the Dangote Refinery Project site from 40,000 to 57,000 personnel in the coming months. According to him, the project currently employs 29,000 Nigerians and 11,000 foreigners at the 650,000 barrels-per-day world’s largest single refinery project located in Ibeju…
The Department of Petroleum Resources (DPR) says the Federal Government’s plans to increase the nation’s oil and gas reserves, are on course and being boosted by strategic policies and programmes. Mr Paul Osu, Head, Public Affairs, DPR, made this known in a statement on Tuesday in Lagos. Osu said the national aspiration of Nigeria…