NNPC refineries goldmines ‘poisoned’ by fuel subsidy—Dangote
More strategic revelations are still emerging from the recently concluded 2019 Nigeria International Petroleum Summit (NIPS) in Abuja. The latest is the revelation of the Technical Adviser to the President of Dangote Group on Refinery and Petrochemicals, Mr Babajide Soyode,…
Job loss looms in oil sector over long wait for N720bn subsidy arrears from FG
Disquiet has overshadowed activities in the nation’s downstream oil and gas sector over protracted wait for the clearance of about N720bn being debt pileup growing from outstanding subsidy on the importation of petroleum products, accrued interest on loans from banks…
FG’s $2bn debt pushing oil marketers out of business
The silence of the federal government is settling arrears of debt pile up during the regime of subsidy to oil marketers is set to crash their businesses and cause job loss. In a save our soul message sent to the…