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Tag Archives: Low Pour Fuel Oil

Dangote, Rabiu see price of cement crashing before year end

Dangote Ibeshe

Whereas leading African cement magnate, Alhaji Aliko Dangote has revealed that backward integration in cement production has saved the nation, about $2bn annually, the Chairman of BUA Cement, Alhaji Abdulsamad  Rabiu, on Thursday disclosed that the price of cement may soon crash in the country. Dangote noted that the coast is becoming clear for the price of the product to ...

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N264bn spent in ‘maintaining’ 4 refineries in 16 years, but nothing to show for it—Report

refinery

New report released in Abuja has revealed that contrary to earlier claims that the four refineries were not maintained within the 16 years of former ruling party, about N264 billion was expended on them but they suffered epilepsy due to corruption. Otherwise, documents sourced from the Nigerian National Petroleum Corporation (NNPC) indicated that N264 billion were expended for maintenance and ...

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