Just another News Updates
The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Sokoto, Kebbi and Zamfara states have threatened to shut down their filling stations over unpaid claims. Addressing newsmen after their enlarged meeting in Sokoto, the members claimed that they were owed N40 billion as bridging expenses. Their chairman, Alhaji Yahya Kamba, said the money was supposed […]
Ahmed Adamu, PhD Lack of refining capacities and Petroleum subsidies have caused Nigeria to lose significant foreign exchange and its ability to fund infrastructural development. The Nigerian government’s share of crude oil averaged around 900k barrels per day in 2021, and at least 70% of that was exchanged for petroleum products, which means only 30% […]