Gov. Seyi Makinde of Oyo State has approved N10,000 monthly transportation support allowance for civil servants in the state. Makinde announced this on Monday during the supervision of the YEAP-SAFER support disbursement and stakeholder engagement programme at the Fashola Agribusiness Hub in Oyo town. He said the initiative would be implemented for an initial period…
Dangote Refinery says it does not import refined petroleum products into Nigeria, insisting that all petrol and other fuels sold from its operations are fully refined locally. The clarification was made by the Chief Executive Officer of Dangote Refinery, Mr David Bird, during a news conference on Wednesday in Lagos, amid allegations over fuel importation…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly denied allegations that it is holding back the Frontier Exploration Fund (FEF) meant for the Nigerian National Petroleum Company (NNPC Ltd.). The commission said the rumours were inaccurate and intended to mislead the public. In a statement on Wednesday, Eniola Akinkuotu, Head of Media and Strategic…
The Economic and Financial Crimes Commission (EFCC) has declared former Minister of Petroleum Resources, Timipre Sylva, wanted for alleged involvement in a $14.86 million fraud. This was contained in a statement issued on Monday in Abuja by the EFCC spokesperson, Dele Oyewale. According to the Commission, Sylva is wanted in connection with an alleged case…
The Nigerian Ports Authority (NPA) says 16 ships loaded with petroleum products, food items, and other commodities are scheduled to arrive at Apapa and Tin-Can Island ports in Lagos between 27 and 29 October. In its Daily Shipping Position released on Tuesday, the NPA stated that six of the vessels are conveying crude oil, five…
Nigeria’s House Committee on Petroleum Downstream has rejected public petitions seeking the removal of Mr Farouk Ahmed, head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), citing strong institutional performance under his watch. At a press briefing held in Abuja on Wednesday, Committee Chair Rep. Ikenga Ugochinyere emphasised that after a thorough assessment…
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has raised objections to plans by Dangote Refinery to supply petroleum products directly to end users, bypassing the traditional distribution chain. NOGASA’s President, Benneth Korie, in a statement on Monday, said the move could disrupt the oil and gas industry, putting thousands of jobs at…
Dangote Petroleum Refinery says it has began exporting refined petroleum products to many African, European, American and Asian markets. The Deputy Regional Director, South East, Dangote Cement, Mr Ayirioritse Okerentie, made the disclosure at the ongoing 36th Enugu International Trade Fair on Dangote Special Day. The regional director listed the products to include aviation fuel…
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the new Nigerian National Petroleum Company Limited (NNPC Ltd.) management to activate “Petroleum Products Passport” to secure petroleum products. Dr Billy Gillis-Harry, National President of PETROAN, made the call on Sunday in an interview with the News Agency of Nigeria (NAN), Abuja, while…
Mr Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has called on West African nations to align their policies and work towards creating a harmonised Liquefied Petroleum Gas market that ensures affordability and accessibility across borders. Speaking at the ongoing 6th West African LPG Expo in Lagos on Monday, Ekpo emphasised that regional cooperation…
