The Value News

PIB:Criticisms Trail 3% Allocation Of Oil Companies Operating Cost To Host Communities

  By Lateef Adegbite  In spite of the fact that the Petroleum Industry Bill, PIB, which had been on the drawing board over the last 20 years has been signed into Law by President Muhammadu Buhari, a retired Army General, on Monday, August 16...

Why Nigerian Refineries May Be Privatised Or Put Up For Sale After Rehabilitation

 By Stephen Ubanna Ahead of the February 18, 2023, general elections, President Muhammadu Buhari, a retired Army General, appears determined to fix the country’s ailing refineries. Last April, the Federal Executive Council, FEC,  had approved...

Nigerian drain Pipe Refineries Suffer N104.3 billion Losses In 13 Months

 By Stephen Ubanna  Security Alert, a Publication of the Economic and Financial Crimes Commission, EFCC, in in its latest edition had reported that  the nation’s three existing refineries suffered major loss of  more than N104.13...

Category - Oil and Gas

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