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A former helmsman of one of Nigeria’s most troubled state owned refineries walked into a courtroom in Abuja on Monday to answer for how hundreds of thousands of dollars allegedly moved through his hands outside the banking system, in a case that once again places the country’s refining sector at the centre of an…
Two men who once ran Nigeria’s most strategic petroleum plants are heading to the dock this week, as the Economic and Financial Crimes Commission opens formal trials tied to the alleged diversion of funds set aside to revive the country’s ailing refineries. The former Managing Director of the Warri Refining and Petrochemical Company Ltd,…
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,…
