Category: Energy and Gas

GAS SHORTAGE CUTS CEMENT PRODUCTION BY 36%

The Cement Manufacturer Association of Nigeria (CMAN) said the shortage in gas supply has compelled cement manufacturers in Nigeria to produce 36% lesser than their installed capacity. The Association which has cement producers such as Dangote Cement Plc, Lafarge Africa Plc and BUA Group as its member with combined installed […]

FG LICENCES 10 MORE MODULAR REFINERIES

Modular Refinery Unit As part of efforts to expand the nation’s refining capacity, the federal government has licensed 10 more modular refineries, making it 32 so far licensed. As at end of first quarter of last year, 22 modular refineries had been licensed by the Department of Petroleum Resources (DPR) […]

FEC APPROVES NEW NATIONAL OIL POLICY FOR NIGERIA

Olalekan Adetayo, Abuja The Federal Executive Council presided over by Acting President Yemi Osinbajo, on Wednesday, approved the Nigerian Petroleum Policy, which is aimed at improving efficiency in the oil industry. The Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this to State House correspondents at the end of […]