The United States of America Trade and Development Agency (USTDA) has approved a grant of $1 million (N360 million) for the detailed engineering design of 20,000 barrel per day (bpd) modular refinery in Lagos.
Continue reading »Tag: Modular Refinery
ILLEGAL OIL REFINERY OPERATORS POSITION TO KEY INTO FG’S MODULAR REFINERY POLICY
Illegal oil refineries operators in the creeks of the Niger Delta are now making moves to legalise their operations by positioning themselves to key into the establishment of modular refineries in each state of the region as promised by the federal government.
Continue reading »NIGER DELTA INDIGENES GIVE TERMS FOR MODULAR REFINERIES’ TAKEOFF
— Want 100% funding of projects by govt — Seek 50% investment of 13% derivation funds in schemes — They’re alternatives to illegal refining, says govt The proposed investments in community-based modular refinery projects across oil-bearing states of the Niger Delta will become a pipedream unless government reviews its model to accommodate divergent interests among youths in the region, according […]
Continue reading »FG TO MAKE ILLEGAL REFINERS SHAREHOLDERS IN MODULAR REFINERIES
The Federal Government is currently working towards making some illegal refiners in the Niger Delta and local communities in the region shareholders in the proposed modular refineries concept. This is one of the falls-out of the ongoing engagements in the region being spearheaded by Vice-President Yemi Osinbajo. A government official who spoke on the condition of anonymity disclosed this to […]
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