Obasanjo Dismisses NNPC Refinery Search As Exercise In Futility

  Billions of dollars in rehabilitation contracts and a decades-long search for efficiency have failed to shift former President Olusegun Obasanjo’s conviction that Nigeria’s state-owned refineries are beyond repair. As the Nigerian National Petroleum Company (NNPC) Limited pushes toward a June 2026 deadline to secure technical partners for the Port Harcourt, Warri, and Kaduna facilities,…

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FG Targets 24-Hour Power for Industrial Clusters

Electricity: FG Targets Aggressive Gas-to-Power Linkage to Boost Supply

The Federal Government has initiated a fresh strategic framework to synchronize domestic gas production with national power requirements. This policy aims to eliminate the persistent supply bottlenecks currently hindering the stability of the national electricity grid. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, officially disclosed this directive during a recent industry summit. The…

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NNPC Remits 19 Trillion Naira in 14 Months

NNPC Boss: Money Can’t Fix the Refineries

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…

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Industrial Expansion: Dangote Seals Gas Supply Deal with NNPC

The Dangote Group has officially secured a long-term gas supply agreement with subsidiaries of the NNPC. This landmark pact ensures a steady flow of natural gas to the conglomerate’s massive industrial complex. Specifically, the Nigerian Gas Infrastructure Company will facilitate the delivery of feedstock to the Dangote Refinery. The agreement also covers energy requirements for…

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