[This Day] President Bola Tinubu has taken a bold step to rescue Dangote Refinery and other local oil refineries from collapse by directing the Nigerian National Petroleum Company Limited to make crude available to them directly in naira. However, to ensure sustainability and consistency of feedstock supply to these local refineries, the president should do more by also directing the Nigerian Upstream Petroleum Regulatory Commission to expedite actions on the reactivation of all idle oil fields to ramp up
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[This Day] ·Says subsidy is a thing of the past ·Insists profitability is unshaken
[Premium Times] Critics of the Dangote Refinery might be called "deniers." Their scepticisms stem from Nigeria's history of failing its citizens, making it difficult for them to believe that an individual could succeed where the country has faltered. Building a refinery of such magnitude seems impossible, yet it becomes achievable when driven by forces greater than mere wealth, passion, or fame.
[ANGOP] Dundo -- The National Police in the province of Lunda-Norte thwarted the export of 14,375 litres of fuel, which was destined for the Democratic Republic of Congo (DRC), as part of a micro-operation underway in the district.
[Daily Trust] The Federal Executive Council (FEC) has approved the selling of crude oil to private refineries, including Dangote Refinery, in naira instead of in dollars.
[Leadership] The group managing director , Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, said the country now records 1.6 million barrels of crude oil production daily.
[Vanguard] ...Insists on creation of Bori State
[Namibia Economist] The Minister of Mines and Energy, Hon Tom Alweendo is set to speak at the Angola Oil & Gas (AOG) conference this October, a statement from the ministry revealed on Monday.
[Capital FM] Nairobi -- Kenya and Uganda have officially commenced discussions regarding the extension of the petroleum products pipeline from Eldoret to Kampala, a key infrastructure project poised to significantly impact the region's fuel import market.
[Vanguard] The Dangote Refinery, which is expected to transform Nigeria's oil sector, is encountering significant challenges that could jeopardize its success and impact the nation's economic trajectory.
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