The Nigerian National Petroleum Company Limited (NNPC Ltd.) says the sudden appearance of fuel queues in parts of Abuja is due to low load-outs at depots.
The N12.05 trillion spent by the federal government on maintenance and rehabilitation of refineries, as well as fuel subsidy in seven years, is more than enough to build a brand new 650,000 barrels per stream day (bpsd) refinery and another 325,000bspd refinery, an investigation by Daily Trust on Sunday has shown. Such new refinery […]