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Tag Archives: NNPC

Amid revamp delay, refineries lose N105.6bn in 10 months

’Femi Asu As uncertainty continues to surround their proposed rehabilitation, the nation’s refineries have extended their losses, recording an operating deficit of N105.66bn from January to October 2018. It emerged recently that the Nigerian National Petroleum Corporation and prospective private investors were in disagreement on financial terms over the revamp …

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NNPC’s Insistence on Ending

Fuel Importation in December Despite likelihoods of a slip, the Nigerian National Petroleum Corporation (NNPC) insists its goal of weaning Nigeria off imported petroleum products, especially premium motor spirit (PMS), otherwise called fuel, would be met. Chineme Okafor wonders if the self-imposed deadline is sacrosanct The NNPC, in its September …

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