Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890. This new price is effective from Saturday, February 1, 2025. In a statement issued on Saturday, the company attributed this price cut to the favorable trends in global energy and […]
Crude oil theft remains a significant issue in Nigeria, with security operatives—who are supposed to prevent the crime—reportedly facilitating and profiting from the illegal trade. Investigations reveal that oil thieves pay levies to build refining camps and receive protection, while armed personnel escort stolen crude shipments under the cover of night. Despite the efforts of […]
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In a decisive effort to combat oil theft and protect Nigeria’s resources, the Nigerian Army has successfully dismantled 19 illegal refining sites and confiscated over 170,000 litres of stolen Automotive Gas Oil (AGO) in a series of operations across the Niger Delta. Collaborative Crackdown Between December 2 and 8, 2024, troops from the Nigerian Army’s […]
