N396/N400 (updated 24.3.17:close)
buying/selling naira exchange rates per USD
Friday, 25 November 2016

The Federal Government of Nigeria has put plans in place to connect the Kaduna Refining and Petrochemical Company with crude oil supply from Niger Republic. This was disclosed by Nigeria Petroleum Corporation (NNPC) managing director Marikanti Baru today.

According to Baru who was speaking during a visit to Kaduna State governor Nasir Elrufai,
"Due to challenges with the aged refinery and crude oil pipelines that had been breached severally, the operations of the refinery has been epileptic.

"This we are determined to resolve through various intervention methods including evaluation of alternative crude oil supply from Niger Republic through building of a pipelines of over 1, 000 kilometers from Agadem (Niger Republic) to Kaduna (Nigeria).

"That efforts is being championed by Mr President himself.

"We have already started engagements with the Nigerien Minister of Petroleum and the Chinese that are operating the field at Agadem."
Share on Google Plus
How to stay updated: Install 'Somtoo Okoye blog' app (Direct Download) (Google Play) | Follow on Facebook & Twitter

You need to read this:

 
I will send you updates every morning:
Top