Browsing Tag
Refineries
4 posts
President Tinubu Promises Refinery Restoration and Expanded CNG Access
President Bola Tinubu has confirmed plans to revive state refineries and expand the CNG initiative while calling on transport operators to pass savings on to commuters.
Local Refinery Crude Supply Surged by 88.4% in Q2, Reports NUPRC
The NUPRC reported an 88.4% jump in crude oil supply to domestic refineries during Q2 2026, driven by stronger production and improved commercial agreements under the Petroleum Industry Act.
PETROAN Urges Immediate Reactivation of State-Owned Refineries to Stabilize Fuel Costs
PETROAN is calling for the urgent revival of government-owned refineries to combat rising fuel prices and currency instability following shifts in the downstream oil sector.
EFCC Recovers N38.66 Billion in Probe of Refinery Fund Mismanagement
The EFCC has recovered N38.66 billion in an investigation into the alleged diversion of $2.79 billion meant for repairing Nigeria’s state-owned refineries.