Dangote Refinery 45% completed, not yet licensed – NMDPRA
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Dangote Refinery 45% completed, not yet licensed – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday said the 650,000 barrels per day Dangote refinery is still at the pre-commissioning stage and has not yet been licensed. The NMDPRA Chief Executive, Farouk Ahmed, disclosed this while speaking to the state house correspondents on Thursday. Mr Ahmed said the allegations raised by…

EXCLUSIVE: Minister, Perm Sec disobey Tinubu’s directives
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EXCLUSIVE: Minister, Perm Sec disobey Tinubu’s directives

The Minister of State for Petroleum Resources, Heineken Lokpobiri, has yet to implement President Bola Tinubu’s directive that Nicholas Agbo-Ella be allowed to represent Nigeria as OPEC Governor, in what appears to some people a disobedience of President Bola Tinubu’s order. In a directive issued on 6 May, Mr Tinubu asked Mr Lokpobiri, whom he…

Fuel queues resurface in Abuja
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Fuel queues resurface in Abuja

Long queues have resurfaced at filling stations across Abuja, Nigeria’s capital city, as motorists struggle to purchase petrol. The queues surfaced Thursday morning and remained through Friday, as traffic gridlocks appeared across major parts of the city. The immediate cause of the latest queues remains unknown as filling stations in Lugbe, the Central Business District,…

Despite Tinubu’s pronouncement, Nigerian govt spent N3.6 trillion on subsidy in 2023
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Despite Tinubu’s pronouncement, Nigerian govt spent N3.6 trillion on subsidy in 2023

Despite petrol subsidy removal, the Nigerian government said fuel subsidy is projected to reach N5.4 trillion by the end of 2024. This, it said, compares unfavourably with N3.6 trillion in 2023. This is contained in a draft copy report of the Accelerated Stabilization and Advancement Plan (ASAP) presented to President Bola Tinubu by the Minister…