How to Incentivize Nigerians to Imbibe Energy Conservation Culture

Last week, during the Monthly Power Stakeholders’ meeting held in Maiduguri, Minister of power, works and housing, Mr. Babatunde Fashola, stressed the need for Nigerians...

Nigerian Refineries: Challenges and the Privatization Option

Nigeria’s minister of Petroleum Resources, Diezani Alisson Madueke, while speaking in London, United Kingdom in November 2013, stated that the country’s four refineries owned...

Dwindling Oil Revenues: Economic Implications for Governance, Business and Development

Oil revenue has been and still is the mainstay of the national economy and is likely to remain so for a long time to...
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Dangote Refinery 1

Providing Incentives For The Construction Of Greenfield Refineries In Nigeria

Nigeria has been particularly dependent upon imports for light products (petrol, diesel and dual- purpose kerosene / aviation kerosene), and long on dark products...

Deregulating The Refining Business In Nigeria

The issue of deregulation of petrol (PMS) price seems inevitable, as well as the deregulation of the refining business in Nigeria. However, we need...

Petrol Price Increase, Sustainable Transportation and Alternative Fuel for Vehicles

The Nigerian economy has borne the huge burden of subsidy payments on petroleum products. Massive importation of light petroleum products (petrol, diesel, and kerosene)...

Investors’ Questions On Mini-Refining Opportunities In Nigeria

The much awaited policy move on petroleum refining in Africa’s biggest economy has come. Decades of dependence on imported refined products has taken a...

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