Michael James 31 January 2019, Sweetcrude, Lagos — As part of its effort to support the government’s ongoing agenda geared…
Browsing: downstream sector
*To save $16bn forex revenue per year *Another saving of $10 billion a year through domestic supplies of petroleum products…
Mkpoikana Udoma 19 June 2018, Sweetcrude, Port Harcourt — The Department of Petroleum Resources, DPR, has charged depot owners to…
Ike Amos 23 May 2018, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation’s (NNPC), Wednesday, ordered its downstream subsidiary, NNPC…
Ike Amos 24 April 2018, Sweetcrude, Lagos — Former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Engineer…
25 March 2018, Sweetcrude, Lagos — A combined value of $21.1bn in mergers and acquisitions (M&A) were announced in the…
Ike Amos 30 April 2017, Sweetcrude, Abuja — Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has noted that…
He said, “The focus of the Board compliance monitoring had focused largely on the upstream sector operations of the industry, mainly because of the higher percentage spend in the sub-sector. In 2017, we have reorganised our monitoring structures and will pay much more attention to the implementation of Nigerian Content in the midstream and downstream sectors of the industry.”
In a statement issued by his media aide, Mr. Laolu Akande, Osinbajo, who spoke at the public presentation of a collection of essays edited by Mr. Yusuf O. Ali (SAN), said the president was left with no choice but to act in the face of a disorderly downstream sector, a flailing naira and a volatile national economy.
A statement from CESJET’s Executive Secretary, Comrade Ikpa Isaac, on Monday, described keeping the subsidy in place as a black hole that could destroy the nation’s economy if it is not closed up.
