The Nigerian Navy on Monday said it destroyed over 500 illegal refineries in the Niger Delta region in 2017, a figure higher than the last two years combined.
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MODULAR REFINERIES: FG WILL CONSIDER CHEMICAL ENGINEERS’ INPUT, SAYS OSINBAJO
The Acting President, Yemi Osinbajo, on Friday, said the Federal Government would be guided by the insight provided by a delegation from the Nigeria Society of Chemical Engineers on its Modular Refineries policy in the Niger Delta.
Continue reading »WITHDRAWAL OF REFINERY LICENCES – GUARDIAN EDITORIAL
The move by the Federal Government to withdraw the refinery licences that have remained unutilised in the hands of some private investors is a step in the right direction.
Continue reading »OANDO SECURES FG’S APPROVAL FOR 500MW POWER PLANT IN KWALE
Oando Plc has said that it has secured federal government’s approval to build a 500Mega Watts, Mw, power plant in Kwale, Delta State that will cater for additional 20 per cent of the nation’s power needs.
Continue reading »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 »NIGERIA CRACKS DOWN ON ILLEGAL OIL REFINERIES
Nigerian commander Remi Fadairo points to the roiling plume of black smoke blotting the morning horizon in the Niger Delta – the unmistakable sign of an illicit oil refinery. “Let’s see if we can go eat them for breakfast,” he says with an ominous chuckle. The 44-year-old colonel, a man with broad shoulders wearing his fatigues tucked into gumboots, is […]
Continue reading »NIGERIA LOSES AFRICA’S TOP OIL PRODUCER POSITION TO ANGOLA
Sheds N83 billion in one month Nigeria’s crude oil production fell by 156,900 barrels per day (bpd) to 1.269 million bpd in March, from 1.426mbpd recorded in February. Consequently, the country lost its status as Africa’s top oil producer to Angola, according to latest data from the Organisation of Petroleum Exporting Countries (OPEC). With the cumulative loss of 4.8 million […]
Continue reading »NIGER DELTA INDIGENES TO GET OIL BLOCKS TO DOUSE TENSION
Experts fret over petroleum industry outlook To douse tension in the oil-rich Niger Delta, the Federal Government plans to award to indigenes of the region marginal fields’ oil blocks abandoned by the oil majors as being not commercially viable. The plan is in line with the government’s larger objective of reducing major incidents of restiveness to about 90 per cent […]
Continue reading »ONDO, NDDC SIGN MOU ON ARAROMI-AKODO-LEKKI ROAD
The Ondo State Government and the Niger Delta Development Commission yesterday, signed a Memorandum of Understanding (MoU) on the neglected Araromi-Akodo-Lekki road. The MOU, which aims at building the road for the purpose of opening up the project for integrated economic development, was signed on behalf of the state government by the Secretary to the State Government, Mr. Ifedayo Abegunde, […]
Continue reading »TOMPOLO’S KINSMEN MEET FG, READY FOR NEW MODULAR REFINERIES
Key stakeholders from the coastal Gbaramatu Kingdom, Delta State, where ex-militant leader, Government Ekpemupolo (aka Tompolo), hails from have met with the Federal Government officials to prepare the ground for participation in the new policy to introduce modular refineries in the Niger Delta. The team from Gbaramatu led by the former Chairman of the Delta State Oil Producing Areas Development […]
Continue reading »NNPC BACKS FG’S PLAN TO FORMALISE ILLEGAL OIL REFINING IN NIGER DELTA
The Nigerian National Petroleum Corporation (NNPC) has said it would support plans by the federal government to formalise illegal crude oil refining operations in the Niger Delta, saying it was part of the antidotes to criminality including militancy in the region. According to the corporation, the government’s decision would take away from the streets of the region, many of its […]
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