Fire outbreak: Warri refinery resumes operations

The problematic Warri Refining and Petrochemical Company, WRPC, yesterday resumed operations, about six weeks after it was gutted by fire. Findings by National Mirror showed...

Attempts to end fuel subsidy fraud mired in confusion

Nigeria’s drive to clean up a gasoline subsidy scheme that soaks up a fifth of federal spending is mired in confusion, with the government’s...

Tanker explodes opposite NNPC headquarters, Abuja

A tanker discharging petrol at the Conoil gas station opposite the NNPC corporate headquarters exploded earlier today, shaking surrounding buildings and causing a huge...

Poor refineries halting progress of multi-billion naira petrochemical industry

The near-decrepit state of the nation’s four refineries, whose privatisation is expected to begin in the first quarter of 2014, has continued to slow...

N6bn subsidy fraud: SFU launches manhunt for suspects

The Special Fraud Unit (SFU) of the Nigeria Police in Lagos has launched a manhunt for three alleged fuel subsidy fraudsters who swindled the...

FG has no business importing petroleum products – Dickson

Bayelsa State Governor Seriake Dickson yesterday said that the Federal Government has no business importing refined petroleum products into the country. Dickson regretted that the...

FG dares NUPENG over sale of refineries

In apparent disregard of calls by oil workers’ unions to halt the planned sale of Nigeria’s four refineries, the Federal Government at the weekend...

Stakeholders want kerosene subsidy removed

Stakeholders in the oil and gas sector have called on the federal government to remove kerosene subsidy to allow for massive investment in the...

Fashola demands account of N2.3tn fuel subsidy

Almost two years after the mismanagement of fuel subsidy generated protracted national protest, Lagos State Governor, Mr. Babatunde Fashola (SAN), yesterday lamented the failure...

Of Nigeria’s refineries, proposed sale and failed attempts

Last week, the news of the Federal Government’s plan to sell the four state-owned refineries by next year came out of the blues and...

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