FEC Approves Sale of Crude Oil to Dangote Refinery and others in Naira
The Federal Executive Council has approved the sales of crude oil to local Refineries in Nigeria, Including Dangote Refinery to be denominated in Naira at a fixed exchange rate. Announcing this after the FEC meeting on Monday, the Special Adviser on Revenue to the President and FIRS Chairman, Zack Adedeji explained that the strategic intervention is […]
Dangote Refinery continues to lower the cost of aviation fuel and diesel
Dangote Petroleum Refinery has announced a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively. Its Head of Communication, Anthony Chiejina, said the price change of N940 is applicable to customers buying five million litres and above from the refinery, while the price of N980 is for […]
Senate committee confirms rehabilitation of Port Harcourt refinery 90% completed
The Senate ad-hoc committee set up to investigate the turnaround maintenance of Nigeria’s refineries has said that the upgrade and full rehabilitation of the Port Harcourt refinery is at 90 percent completion and expected to commence operation before the end of the year. Committee Chairman, Senator Ifeanyi Ubah (representing Anambra South senatorial district) disclosed this […]
