The Federal Government and crude oil producers in the country have committed to working towards a sustainable supply of crude oil to local refineries under a market-determined pricing system, according to statement on Wednesday by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC). The commission said that the aim is to ensure that while the operators do business optimally, the refineries …

NNPC Limited (NNPCL) has said it would end the importation of refined petroleum products by December next year as all the country’s refineries would be operational by then. Against the background of the House of Representatives’ call for the privatisation of Nigeria’s refineries, NNPCL’s Group Chief Officer, Malam Mele Kyari said on Thursday when he led senior officials of the …

The Minister of State for Petroleum Resources, Oil, Senator Heineken Lokpobiri, has insisted that the establishment of modular refineries is the shortest way to address the energy problems bedevilling the country. Lokpobiri stated this while speaking to newsmen shortly after a tour of WalterSmith Modular Refinery in Ibigwe, Imo State. He said that to this end, the Federal Government will …

The spiritual head and Chairman of Cherubim and Seraphim Movement Church Worldwide (C&S), Prophet Samuel Abidoye, has asked President Bola Tinubu to institute a probe panel into the repairs and maintenance of refineries in the country by past administrations. Addressing a press conference on Wednesday to herald this year’s Conference/Convention of the church, Abidoye urged the President to make all …

The Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers State Chapter, Joseph Obele, has enjoined the Federal Government to ensure that the nation’s refineries are fixed as planned. He stated that the cost of Petroleum Motor Spirit (PMS), also known as petrol, would crash below N200 per litre should the refineries become functional. This is coming against the …

A former Senior Special Assistant to the President (Office of the First Lady), Dr. Ike Neliaku has said that refineries across the country are not working because some persons deliberately frustrated it for selfish gains. In a chat with newsmen on Saturday, Neliaku described the state of the nation’s refineries as a shame, alleging that despite so much money that …

A pattern has emerged in the arguments many of the partisan and ideological critics routinely make on television stations. There is this tendency to always muddle up facts and mislead the public, notably through willful ignorance. One point that has been erroneously made is the view that the Federal Government is not doing anything about fixing the four refineries it …