Daily Archives: February 6, 2018

Siting modular refineries in oil, gas free zones will aid investment – Exporters

  The Association of Nigerian Exporters (ANE), has suggested that siting modular refineries in the oil and gas free zones would cut investment costs, Premium Times reports.   The president of ANE, Sunny Udoh, gave the suggestion in Abuja during his meeting with the managing director of the Oil and Gas Free Zones Authority (OGFZA), […]

FG pays marketers N26b annually for petroleum products transportation

The Petroleum Equalisation Fund (PEF), an agency of the federal government, has confirmed that it pays out a minimum of N26 billion annually as reimbursement to petroleum product marketers as palliative for transportation, Leadership reports.   A source in PEF who craved anonymity because he was not authorised to speak on the matter said that […]