The House of Representatives Committee on Petroleum Resources (Downstream) has resolved to launch a comprehensive investigation into the state of Nigeria’s refinery rehabilitation projects. This resolution followed a special session and after reviewing numerous petitions and complaints from the general public over the matter. Chairman of the committee, Hon....
Petroleum
A former federal lawmaker, Chief Sam Onuigbo, has praised the late former President Muhammadu Buhari for his significant contributions to Nigeria’s climate change and petroleum sectors during his eight-year administration. In an interview with the News Agency of Nigeria (NAN) in Abuja on Friday, Onuigbo highlighted Buhari’s pivotal role...
By OLA MODUPE, Lagos – The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over Dangote Refinery’s plan to start direct nationwide distribution of petrol and diesel, warning that it could lead to widespread job losses, business closures, and a monopolistic market structure. PETROAN National...
By OLA MODUPE, Lagos- Dangote Petroleum Refinery has announced the commencement of a significant national initiative designed to transform Nigeria’s fuel distribution landscape. Effective 15th of August 2025, the Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation,...
By MBAFAN ADE – The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in conjunction with the Securities and Exchange Commission (SEC), has issued licenses to JEX Market to establish and operate a Gas Clearing House and Settlement Authorization Platform. Described by stakeholders as one of the most strategic...