The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …
The landing cost of Premium Motor Spirit, popularly known as petrol, has now risen to an average of N870 per litre, according to data from the Major Energies Marketers Association …
The Federal Executive Council (FEC) has ordered the full implementation of the Naira-for-Crude agreement between the Federal Government and local oil refiners, a move aimed at strengthening Nigeria’s local refining …
Depot owners in Nigeria have expressed dissatisfaction with the Federal Government’s Naira-for-Crude oil arrangement, highlighting challenges in the current policy. The initiative, which began in October 2024, allows local refineries, …
Abuja — The Federal Government’s investigative panel set up to unravel the controversial “naira-for-crude oil” swap deal is expected to reconvene on Monday, March 25, amid growing public concern over …