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Petrochemical

FG pledges to support $12bn Dangote Refinery on feedstocks, offtakers

The Federal Government has reiterated its support for the $12 billion Dangote Refinery and Petrochemical through feedstocks and offtakers of products to add value to the nation’s economy. Mr. Timipre Sylva, Minister of State for Petroleum Resources, made this known during the tour of the refinery project in Lagos on Sunday. The News Agency of […]

N1.8bn subsidy fraud: EFCC gets Supreme Court nod to probe, prosecute Yanaty Petrochemical

EFCC

The Supreme Court on Friday gave nod to the Economic and Financial Crimes Commission (EFCC) to investigate and prosecute Yanaty Petrochemical limited over N1, 840, 768, 720 petroleum subsidy fraud allegedly committed in March 2011. The apex court in a unanimous judgment dismissed the appeal filed by the firm and added that the trial court […]

Nigeria’s oil: The future we want from Baru

nnpc

In 2012, the world converged on Brazil for Rio + 20 to set development agenda for post 2015. The Assembly’s outcome document was: ‘’The Future We Want’,’ recognized that each country faces specific challenges to achieve sustainable development. One of the goals of the Sustainable Development Goals, SDGs, is to ‘’promote sustained, inclusive and sustainable […]