Nigeria oil sector Archives

domestic refiners crude dispute Nigeria refinery

Domestic Refiners Crude Dispute Nigeria Leads to $3.13bn Idle Oil

Janet Ajala1 month ago1 month ago02 mins

Nigeria’s oil sector is facing fresh challenges as the domestic refiners crude dispute Nigeria has resulted in about $3.13 billion worth of crude oil remaining unprocessed. The situation highlights ongoing disagreements between local refiners and crude suppliers, raising concerns about efficiency in the downstream sector. Domestic Refiners Crude Dispute Nigeria Explained The dispute is largely…

Tinubu removes NMDPRA boss Nigeria oil sector leadership change

Tinubu Removes NMDPRA Boss, Nominates Rabiu Umar as Replacement

Janet Ajala1 month ago1 month ago02 mins

President Bola Tinubu has approved a leadership change in Nigeria’s downstream petroleum sector after he removed the head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The development follows a fresh restructuring move in the energy industry, with Rabiu Umar nominated as the new chief executive. The decision is expected to attract attention across…