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 […]

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 […]

Continue reading »

NO PLAN TO HIKE FUEL PRICE – NNPC

The Nigerian National Petroleum Corporation, NNPC, yesterday, denied any plan to further hike the price of Premium Motor Spirit, PMS, also known as petrol, stating that current realities on ground didn’t support any increase. Addressing newsmen in Abuja, Group General Manager, Group Public Affairs Division of the NNPC, Mr. Muhammad Garba-Deen, said there was absolutely no plan by the Federal […]

Continue reading »

NNPC CONSIDERS CRUDE IMPORTATION FROM CHAD, NIGER REPUBLIC FOR KADUNA REFINERY

As part of the efforts to address frequent disruptions to the supply of crude oil to the Kaduna Refinery and Petrochemical Company (KRPC) as a result of the Niger Delta militancy, the Nigerian National Petroleum Corporation (NNPC) is considering importing crude oil from Chad and Niger Republic, investigations by THISDAY have revealed. This is coming as the President of the […]

Continue reading »
1 2