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Local refining may crash petrol price to N300/litre – Modular refineries

The pump price of petrol, should drop to about N300/litre upon the commencement of massive production by the Dangote Refinery

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NNPC Ltd Refutes Report Of Inflated Subsidy Claims By N3 3trn

June 10, (THEWILL)- The Nigerian National Petroleum Company (NNPC) Limited has refuted reports that it inflated petrol subsidy claims by N3.3 trillion. Earlier reports alleged that a forensic audit by KPMG found that NNPC inflated its petrol subsidy claims by N3.3 trillion. On Monday, reacting to the reports in a statement issued by the Chief

Olufemi soneyeCorporate communicationsPetroleum industry actNigerian national petroleum companyNigerian national petroleum company limitedLtd disclaims report on alleged inflated subsidyChief corporate communications officerDisclaims reportAlleged inflated subsidyPerformance excellence

NNPCL disowns report on alleged inflated subsidy claims | Get the Latest News, National, Politics, Entertainment, Metro, Sport & Opinions

NNPCL disowns report on alleged inflated subsidy claims | Get the Latest News, National, Politics, Entertainment, Metro, Sport & Opinions
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Dangote refinery: Oil majors blame theft, low production for poor crude supply

Major oil companies have lamented the impact of oil theft and pipeline vandalism on the availability of crude for local refineries.

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$3 3bn loan-for-crude: FG gets $925m lifeline as naira trades 1,481/$

As the naira continues to weaken near the 1,500/dollar band at the official and parallel foreign exchange market, the Federal Government has received a lifeline of $925m from the Afrieximbank to boost the forex market and meet its dollar obligations.

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