…the same roads, the same ports and the same foreign exchange regime that Nigeria’s own refineries have used as an excuse for decades. The Port Harcourt, Warri and Kaduna refineries have a combined capacity of 445,000 barrels per day. They have operated below 30 per cent capacity for most of the last two decades, and fr…
…in Electrical Engineering before securing the position at one of Africa's largest refineriesShe shared her excitement and gratitude on LinkedIn on 3 October 2026, and her post drew warm reactions from colleagues and followersPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your…
…4.3 kilotonnes in August, a decline of about 19 per cent. Domestic supply from refineries and gas-processing plants dropped from 4.4 kilotonnes daily in July to three kilotonnes in August, representing a reduction of about 32 per cent. In contrast, imports by oil marketing companies increased from 0.9 kilotonnes daily…
…within a deficit,” he said.According to him, Nigeria’s geographical position gives its refineries an advantage in supplying neighbouring markets, as shorter shipping distances can replace some longer-haul imports from Europe and other markets.“We’ve gone from a dependency on Europe to regional supply, West Africa suppl…
…down from 2.43 billion litres in the same period in 2025.Over the same period, local refineries supplied about 3.18 billion litres, up from roughly 2 billion litres a year earlier.The Dangote Refinery has been a major driver of the increase in domestic output, DailyTrust reports.The court's order does not remove regula…
…measures to guarantee reliable and commercially viable crude supplies to domestic refineries. CORAN said some local refineries still struggle to access crude despite Nigeria’s substantial oil resources. The association presented a 10-point agenda, including the full institutionalisation of Naira-for-Crude, transparent…
Nigeria’s domestic refineries received 683,000 barrels of crude oil daily in August 2026, up 16.75% from 585,000 barrels per day in JulyDangote Refinery’s petrol supply rose by 39% to 35.9 million litres daily, while Nigeria’s petrol imports fell by 26% to 14.6 million litres per dayThe refinery recorded 105.21% averag…
…to 14.6m litres By Obas Esiedesa & Ediri Ejoh Crude oil receipts by Nigerian domestic refineries increased by 16.75 percent in August 2026, rising to 683,000 barrels per day (b/d) from 585,000b/d in July, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Th…
…energy infrastructure, a day after he criticised Kyiv over strikes on Russian oil refineries. Trump disclosed the purported agreement on Monday in a post on his Truth Social platform, saying both sides had committed to refraining from attacks on energy-related facilities. “Ukraine has agreed not to hit Russian Energy t…
…of expanding domestic refining capacity while ensuring adequate crude supply to local refineries.Although Nigeria is a major crude producer, its downstream market remains exposed to international oil prices, freight rates, foreign exchange movements and supply disruptions.A prolonged rise in global crude prices can the…
…to provide alternative livelihood opportunities, including the canvassed modular refineries and the legalisation of artisanal refining,” he added. When contacted, the spokesperson for the Rivers State Police Command, Blessing Agabe, confirmed the incident, saying the victims were allegedly attempting to steal crude oil…
…it as avoidable and demanding that more Nigerian crude be supplied to domestic refineries. Gunmen have killed two people and abducted the All Progressives Congress Chairman of Rogo Local Government Area in Kano State, Alhaji Abdullahi Fanka, in an overnight attack. The Joint Admissions and Matriculation Board and the W…
…Party, Yahaya Ndu, has called on the Federal Government to legalise artisanal refineries across the Niger Delta region. He argued that local refining capacity – rather than debates over fuel subsidy – remains the key to ending Nigeria’s energy crisis. Speaking during an exclusive interview with our correspondent on Mon…
NLC rejects petrol price hike, demands more crude for refineries
…questioned why the lawmaker had previously backed former NNPCL chief Mele Kyari as refineries sat idleMohammed urged Ugochinyere to keep his House committee role separate from what TMA described as 2027 political campaigningPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Abuja, FCT - The Tinubu Med…
…renewed push to restore fuel subsidy.The Presidency argued that selling crude to local refineries at preferential prices would punch a hole in the Federation Account.Dare warned that a price gap between Nigeria and neighbouring countries would revive cross-border fuel smuggling.
…and factories use diesel to power generators and delivery trucks? ‘’Will he allow the refineries he will supply discounted crude oil to profit from 55 per cent of the by-products, while focusing subsidy only on petrol, his obsession? The former vice president is definitely suffering from a lack of basic understanding o…
…and factories use diesel to power generators and delivery trucks? “And will he allow the refineries to supply discounted crude oil to profit from 55 per cent of the by-products, while focusing subsidy only on petrol, his obsession?” The Presidency further argued that the former Vice President was “definitely suffering…
…that local refining was achievable. He urged the government to fix Nigeria's public refineries and stop importing finished petroleum products altogether.He also called on the Federal Government to give its ongoing economic reforms a "human face."The APC chieftain said political leaders at the executive and legislative…
…the plan as an ‘arithmetic flaw.’ While arguing that selling crude oil to local refineries at preferential prices could create fiscal, market and smuggling challenges, Dare further described Atiku’s proposal as an ‘economic safari.’ According to the statement titled, ‘The Arithmetic Flaw in Subsidising the Barrel’, the…
…deep into Russia, hitting some key military factories, causing serious damage to oil refineries and creating nationwide fuel shortages. A poll conducted at the end of July found 82% of Ukrainians believed Ukraine would win, although most expected fighting to carry on into 2027 or later. Fedorov, 35, was fired six month…
…the cost of petrol by prioritising domestic refining and supplying crude oil to Nigerian refineries at affordable prices if elected president in 2027. Okonkwo said this while speaking on Channels Television’s Politics Today, where he defended Atiku’s proposed fuel affordability plan and dismissed claims that the former…
…petroleum products. It specifically stressed the need to protect investments in domestic refineries, including the Dangote Refinery and Waltersmith refinery, while encouraging greater value addition through petrochemicals and gas processing. On the industry’s broader outlook, PENGASSAN said Nigeria’s fundamental proble…
…employment and generating broader economic prosperity.Tinubu vows to revive Nigeria’s refineriesLegit.ng earlier reported that President Bola Tinubu has assured Nigerians that the country’s refineries will be revived and repositioned to become commercially viable, insisting that simply getting the plants to operate is…
…regime. He argued that Atiku's proposal, if implemented, would threaten smaller domestic refineries, lead to job losses, and end Nigeria's newly established exports of refined products to Europe, Asia, and the United States.Presidency: Money that once funded subsidy now goes to statesOnanuga said the roughly N15 trilli…