In a significant development for Nigeria’s energy sector, the Port Harcourt Refining Company (PHRC) Ltd, located in Rivers State, has officially begun processing crude oil. The announcement was made on Tuesday by Olufemi Soneye, spokesperson for the Nigerian National Petroleum Company Limited (NNPCL). A New Chapter for Nigeria’s Energy Independence Soneye described the refinery’s start-up […]
The Federal Inland Revenue Service (FIRS), Nigeria Customs Service, and Nigeria National Petroleum Company Limited (NNPCL) announced on Monday that they exceeded their respective revenue targets for the current fiscal year. During a session with the Joint Committee on Finance, Budget, and National Planning on the 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper […]
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According to Aliko Dangote, chairman of the Dangote Refinery, his facility has enough gasoline on hand to end fuel lines for up to 12 days. Following President Bola Tinubu’s meeting with members of the local currency implementation committee for the sale of crude oil and refined products, which is chaired by Mr. Wale Edun, the […]
