refinery:

Port Harcourt Refinery: Private Investors To Join Management

Port Harcourt Refinery: Private Investors To Join Management

December 2, 2025 7:03 am

PETROAN says talks are underway for private investors to manage the Port Harcourt refinery under a new LNG-bonding model, with operations eyed for 2026.

Private investors are preparing to take over part of the management of the Port Harcourt refinery under a new LNG-bonding framework, according to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). The move marks one of the most significant steps toward opening Nigeria’s downstream sector to broader private participation and improving supply efficiency.

Dr. Joseph Obele, PETROAN’s National Public Relations Officer, said negotiations with an unnamed international oil company have reached nearly 60% completion.

…
Dysfunctional Nigerian Refineries And The Fulani Domination

Dysfunctional Nigerian Refineries And The Fulani Domination

June 5, 2023 2:51 am

It betrays every iota of common sense to think that a country with a substantial part of its earth’s crust filled with crude oil is currently facing an existential threat due to a man-made energy crisis. Despite being one of Africa’s biggest oil producers, Nigeria is today, unable to refine a drop of crude oil after over six decades of oil exploration. While ‘everyday Nigerians’ continue to groan under the harsh realities that are a result of this abnormality, what they must now understand is that the crux of their problem is tied to a particular oligarchy that has sworn …

Dangote Refinery Will End Aviation Fuel Scarcity – Sirika

Dangote Refinery Will End Aviation Fuel Scarcity – Sirika

May 18, 2022 3:55 am

Nigeria’s Minister of Aviation, Hadi Sirika, has claimed that the scarcity of jet A1 and its high cost will become history in the country once the Dangote and Port Harcourt refineries begin operation.

According to him, the issues surrounding aviation fuel can only get sustainable solutions after these refineries come online. He disclosed this while addressing State House correspondents on Tuesday.

He said, ‘The scarcity and high cost of Jet A1 in civil aviation, is not peculiar to Nigeria. It is a global phenomenon driven by many factors. Some of them include even low capacity to refine the product.

“It …

3 Guards Arrested For Alleged Vandalism At Warri Refinery

3 Guards Arrested For Alleged Vandalism At Warri Refinery

April 5, 2021 4:02 pm

No fewer than 3 persons have been arrested by operatives of the Delta State Police Command for allegedly vandalising armored cables and other electrical installations at the Warri Refinery and Petro-Chemical Company (WRPC) in Ekpan, Uvwie Local Government Area of the state.

This was disclosed by the acting state Police Public Relations Officer (PPRO), DSP Bright Edafe, who while confirming the arrest, stated the suspects are staff of a private security company attached to the refinery.

He gave the names of the suspects as of Saturday Idoge, Sunday Ishenive, and Philip Ngbodi, adding that efforts have been intensified to apprehend …

10 Governors Visit Dangote Refinery

December 21, 2019 2:02 pm

Ten governors on the platform of the Nigerian Governors
Forum (NGF) friday visited the Dangote Refinery and
Petrochemicals at Ibeju-Lekki in Lagos, stating that it is a
pride to Nigeria and Africa.

The governors, led by the Forum’s chairman, who is the
Governor of Ekiti State, Dr. Kayode Fayemi, described the
Dangote Refinery and Petrochemicals as a salute to
entrepreneurship.

Fayemi said the project would contribute immensely to the
economic growth of the nation and provide employment to
thousands of Nigerians.

He said: “This is an inspirational initiative by the President of
the Dangote Group, Mr Aliko Dangote. It …

Fishermen Lament Over Dangote Refinery: What’s Left For Us?

November 23, 2019 9:06 am

Nigeria is Africa’s largest importer of foreign fish, with a demand for more than 3m metric tonnes each year. Despite having an Atlantic coastline of 853km (530 miles), the country is unable to provide fish for a population that is predicted to double by 2050.

In Lagos, and particularly in Epe, fishermen and farmers are having to travel further to get fish. The Lekki lagoon, previously a fisherman’s paradise, is being slowly depleted by various megacity projects, the biggest of which is an oil refinery owned by Africa’s richest man, Aliko Dangote.

To make way for infrastructure development, the government …

NNPC reports $226m oil revenue drop in June

Refinery: NNPC not in competition with Dangote – Kyari

August 1, 2019 1:30 am

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation is not in contest for market share with the forthcoming Dangote Refinery.

Kyari disclosed this in a statement signed by Mr Ndu Ughamadu the spokesman for the corporation, in Abuja, on Wednesday.

He said that NNPC focus was on providing support to the promoters of the project to boost the country’s refining capacity.

Kyari was quoted to have said this while receiving the President of Dangote Group, Alhaji Aliko Dangote, at the towers.

He explained that as the chief enabler of the …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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