Local crude oil refiners in Nigeria have raised alarm over their inability to access crude oil for their operations, accusing oil producers of prioritising sales to international buyers who pay …
Tag:
naira-for-crude policy
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DevelopmentEconomyGOVERNMENTInfrastructureINVESTMENTNigeriaPoliticsTransportation & Logisitics
Tinubu Inaugurates Lekki-Epe Deep Seaport Road
President Bola Ahmed Tinubu on Thursday inaugurated the newly reconstructed Lekki-Epe Deep Seaport road in Lagos State, commending stakeholders for their contributions and reiterating his administration’s focus on delivering transformative …
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BusinessEconomyEnergyTrade and Commerce
Dangote Refinery Price Strategy Sparks New Fuel Import Wave in Nigeria
The recent pricing strategy of Dangote Petroleum Refinery has come under the spotlight, as industry analysts reveal that its pricing model is now encouraging fresh importation of petrol into Nigeria. …
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BusinessEconomyEnergyGOVERNMENTOil & GasPolicies
Petrol Can Drop to N350 if FG Supports Local Refineries – CORAN
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has said that petrol can sell for as low as N350 per litre if the Federal Government supports local refineries and …