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The long-running effort to hold someone accountable for the billions of dollars poured into Nigeria’s dead refineries reached a courtroom on Wednesday, as the Economic and Financial Crimes Commission arraigned the former Managing Director of the Port Harcourt Refining Company Limited, Ahmed Adamu Dikko, before the Federal High Court in Abuja on a 12 count…
The Nigerian National Petroleum Company Limited has taken a formal step towards reviving its long-troubled refining infrastructure, signing a Memorandum of Understanding with two Chinese companies for a potential Technical Equity Partnership aimed at completing and operating the Port Harcourt and Warri refineries. The agreement was signed on April 30, 2026, in Jiaxing City,…
The Nigerian National Petroleum Company Limited recently shifted the narrative regarding our nation’s dormant refineries. The Chief Executive Officer, Engr. Bayo Ojulari attributed the persistent failure of these facilities to weak internal operational structures. This admission contradicts the long-standing public belief that insufficient funding stalled the necessary rehabilitation work. Leadership within the state-owned oil firm…
