Petroleum

BREAKING: Nigerian Petroleum Company NNPC Denies Sabotaging Dangote Refinery, Says Refineries Must Secure Supply Source And Market

5 months ago925 min

The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of the enabling laws guiding its dealings with partners, hence should be counted out of any claims of economic sabotage. Kyari, who was addressing the Senate Ad-Hoc Committee investigating alleged economic sabotage in the Nigeria Petroleum Industry at the National Assembly on Wednesday, stated that the refining business is a straightforward business which any...

by Probitas

BREAKING: President Tinubu Orders Petroleum Company, NNPC To Sell Crude To Dangote Refinery In Naira

5 months ago874 min

This was announced by the Special Adviser to the President on Information and Publicity, Bayo Onanuga on X, explaining the order is aimed at achieving stability of the pump price of refined fuel and the dollar-Naira exchange rate. President Bola Tinubu has given an executive order to the Nigerian National Petroleum Company Limited (NNPCL) to sell crude to Dangote Refinery and other upcoming indigenous refineries in Naira, the country’s currency. This was...