Lagos, April 7, 2021 The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the Federal Government for its effort to rehabilitate the Port Harcourt Refinery.
IPMAN’S president, Mr Chinedu Okoronkwo, told newsmen on Wednesday in Lagos that having functional refineries was in the best interest of the nation.
Naija247news reports that the Nigerian National Petroleum Corporation (NNPC) and an Italian company, Tecnimont SpA, had on Tuesday signed an agreement for the rehabilitation of the 210,000BPD refinery at a sum of 1.5 billion dollars.
The rehabilitation project has a completion timeline of between 18 and 44 months under a three-phase arrangement.
Okoronkwo said: “We believe that rehabilitation of the PH refinery is a welcome development because it has been in a moribund state for some time.
Gunmen on motorcycles abduct petrol dealer in Fayemi s hometown tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
By Ariwodola Idowu
Ado Ekiti, April 9, 2021 The police command in Ekiti says a petrol dealer, Mr Adebayo Itakorode, has been abducted by gunmen at Isan Ekiti in Oye Local Government of the state.
The command Spokesman, ASP Sunday Abutu told newsmen on Friday in Ado Ekiti that Itakorode was abducted on Thursday night.
The News Agency of Nigeria (NAN) reports that Itakorode’s abduction is coming few weeks after another petrol dealer, Alhaji Suleiman Akinbami was kidnapped by gunmen in Ado Ekiti.
Akinbami is a chieftain of the Independent Petroleum Marketers Association of Nigeria (IPMAN).
Akinbami was released somewhere in Kogi after paying an undisclosed ransom.
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the Federal Government for its effort to rehabilitate the Port Harcourt Refinery.
Oil Refinery PHOTO: Getty Images/AFP/File / Jennifer O’Mahony
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the Federal Government for its effort to rehabilitate the Port Harcourt Refinery. x
IPMAN’S president, Mr Chinedu Okoronkwo, told the News Agency of Nigeria (NAN) on Wednesday in Lagos that having functional refineries was in the best interest of the nation.
NAN reports that the Nigerian National Petroleum Corporation (NNPC) and an Italian company, Tecnimont SpA, had on Tuesday signed an agreement for the rehabilitation of the 210,000BPD refinery at a sum of 1.5 billion dollars.
The rehabilitation project has a completion timeline of between 18 and 44 months under a three-phase arrangement.