Tag: refinery

Inside free trade zones, Dangote refinery

The fertiliser arm of the Dangote Refinery and Petrochemical yesterday began production. Other multi-billion dollar investments in the Lekki axis of Lagos, such as the Lekki Deep Seaport, Pinnacle Oil,…

How Dangote Refinery Ruined The Economy Of The Ancient Town Of Lekki

Lekki was the stopover for black slaves in transit to Europe, then the prison home of Obafemi Awolowo. Now, it struggles for breath under Dangote Refinery. Fishermen sat in groups,…

NNPC Replies Critics Of PH Refinery Rehabilitation, Justifies $1.5bn Spending

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari has dismissed arguments by critics that the $1.5bn approved for the rehabilitation of the Port Harcourt Refinery was…

Why Rehabilitation Of Port Harcourt Refinery Is Justified

On Wednesday, the Federal Government commenced a fresh drive to rehabilitate Nigeria’s ailing and under-performing refineries by approving the sum of $1.5bn for the rehabilitation of the Port Harcourt Refinery….

Using $1.5 billion to renovate Port Harcourt refinery is a huge waste – Peter Obi blasts FG

A former Governor of Anambra State, Peter Obi, has slammed the Federal Government of Nigeria for approving $1.5 billion to renovate the Port Harcourt refinery. Obi, in a tweet via…

Don’t Spend Over N700bn Embalming A Dead Refinery, Melaye Tells Buhari

Melaye, Buhari Former lawmaker, Senator Dino Melaye has advised President Muhammadu Buhari against spending $1.5bn on renovating the Port Harcourt refinery. Recall that on Wednesday, the Federal Executive Council (FEC),…

Spending $1.5b on refinery misplaced, say LCCI, others

By Okwy Iroegbu­ Chikezie, and Mke Odiegwu, Port Harcourt More reactions on Thursday trailed Wednesday’s approval of $1.5 billion by the Federal Executive Council’s (FEC’s) for the rehabilitation of the…

‘Shell Sold A Better One For $1.2bn’ — Atiku Queries $1.5bn For PH refinery Repair

Atiku Abubakar Former vice president, Atiku Abubakar, has described the decision of the federal government to vote $1.5 billion for the repairs of the Port Harcourt refinery as “suspicious.” Recall…

Atiku Condemns FG’s Plan To Spend $1.5bn On Port Harcourt Refinery

…Wants Asset Privatised A former Vice President of Nigeria, Atiku Abubakar, has condemned the Federal Government’s decision to spend $1.5bn on the rehabilitation of Port Harcourt Refinery. According to him,…

I Will Not Jubilate Over Approval Of Rehabilitation Of Port Harcourt Refinery – Wike

Nyesom Wike Rivers State Governor, Nyesom Wike has expressed that he won’t jubilate yet over the approval of $1.5 billion for the rehabilitation of Port Harcourt refinery. Recall that on…

FG Approves N569bn For Rehabilitation Of Port Harcourt Refinery

The Federal government has announced the approval of the sum of N569bn ($1.5 bn) for the rehabilitation of the Port Harcourt Refinery. The contract which has been awarded to an…

Dangote Refinery to sell refined crude to FG in naira – Emefiele

LAGOS- Central Bank of Nigeria (CBN) Governor Godwin Emefiele said yesterday that arrangement was being made to enable the Dangote Refinery sell refined crude to Nigeria in naira when it…

Bayelsa seeks investors’ partnership to build refinery

By Simon Utebor, Yenagoa As the plan to build the state modular refinery is in the offing, Bayelsa State government has appealed to investors to partner it to make the…

2021: What God showed me about Miyetti Allah, Shekau, death of President, Dangote refinery, bandits – Prophet Ayodele

The founder and leader of the INRI Evangelical Spiritual Church, Elijah Ayodele, has predicted an attack on Abuja by bandits. Ayodele, who has been busy releasing his prophecies about 2021…

Domestic refinery owners support oil subsidy removal – National Chairman

(Isaiah Eka, NAN) The Domestic Refinery Owners Association of Nigeria (DROAN) have thrown their weight behind the Federal Government’s removal of oil subsidy in the country. The National Chairman of…