The Crude Oil Refinery Owners Association of Nigeria has warned the Federal Government to be cautious in granting import licences to petroleum traders for the importation of refined products.
Many private refiners, or so-called teapots, are facing losses from turning crude into fuels and petrochemicals this month, said traders. That’s despite their use of cheaper feedstock comprising ...
Limited has disclosed that it has stopped the importation of refined petroleum products. Mele Kyari, NNPC’s group chief executive officer (GCEO), made this known on Monday at the 42nd Nigerian ...