NNPC silent on planned sale of refineries

The Nigerian National Petroleum Corporation (NNPC) has declined to offer transaction details on the planned sale of Nigeria's three major refineries which have operated...

Govt approves construction of rail to link oil depots

The federal government has approved the construction of additional rail lines to be linked to all oil depots in Apapa, Lagos. The Minister of Transportation,...

Warri Refinery to resume operations this week – PPMC

The Warri Refining and Petrochemical Company (WRPC), which was recently shut down, following a fire outbreak, is expected to resume operations this week. The Warri...

Consumers grapple with high kero cost

The price of Kerosene, a product mostly used by the Nigerian masses, has remained high and beyond the reach of the people, despite the...

Lagos partners Banner Energy to boost LPG market

As part of the renewed efforts of the various stakeholders to deepen the consumption of Liquefied Petroleum Gas (LPG), otherwise called cooking gas, the...

FG approves payment of interest for delay of fuel subsidy

Following the insistence of the major Oil Marketing and Trading (OM & T) companies involved in the importation of petroleum products that the federal...

FG to sell four state-owned refineries next year

The federal government plans to begin the privatisation of four of its state-owned oil refineries before the end of the first quarter of next...

Nigeria’s decade of cabotage failure

It is 10 years since the Coastal and Inland Shipping, Act, known as  “Cabotage Act in Nigeria” was enacted to give local shipping companies...

Inland Container Depots as catalyst for trade facilitation

To say that Nigeria’s seaport facilities have been over-stretched is to state the obvious. A one- time managing director of the Nigerian Ports Authority...

DPR moves against erring petrol stations

The Department of Petroleum Resources (DPR) is said to be considering more stringent measures in its bid to check fraudulent activities in the downstream...

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