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How Many Refineries In Nigeria?
Nigeria once had four (4) oil refineries, but currently has three (3) refineries. There use to be two Port Harcourt refineries which were built in 1965 and 1989. In 1993 they were merged into one, with a total capacity of 10.500 million mt/yr...
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‘Fuel subsidy removal will increase food prices’
TWO international development agencies, ActionAid and Oxfam Great Britain (GB) have warned that the planned deregulation of the petroleum sector will result in hunger and increase in food prices in the country
At a joint press briefing addressed...
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Kerosene subsidy to cost govt N310 billion in 2012
Federal Government is to spend an estimated N310 billion in subsidizing kerosene in the next fiscal year, it has emerged. The government’s outlay on subsidizing the fuel of choice for many low income Nigerians is despite strong arguments...
