Browsing Tag
Petroleum
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Dangote Petroleum Refinery begins production of diesel, aviation fuel
The Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. Alhaji Aliko Dangote, President of Dangote Group, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
How National Petroleum Company, NNPCL Failed To Remit Over $6.9billion Under Ex-President, Buhari – Nigerian Transparency Agency, NEITI Report
The disclosure was contained in 2022 Oil & Gas Industry Report of the Nigerian Extractive Industry Transparency Initiative (NEITI). The Nigerian National Petroleum Company Limited (NNPCL) has not remitted $6.923 billion and swapped about $7.108 billion of crude under its Direct Sale Direct Purchase (DSDP) scheme in 2021. This was despite the borrowing spree of