Business

Accountability Centre Lauds NNPC’s N5.4trn Profit, Says Ojulari Has Set New Benchmark for Public Sector Performance

A policy advocacy group, the Centre for Energy Accountability and Reform (CEAR), has commended the Nigerian National Petroleum Company (NNPC) Limited for declaring a Profit After Tax of N5.4 trillion for the 2024 financial year. The Centre described the performance as “an unmistakable affirmation that Nigeria’s oil industry is finally...
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UK-Based Independent Investigators Clear Dangote Refinery of Importing Substandard Fuel*

A United Kingdom–based energy watchdog, Impact Investigators Platform (IIP), has dismissed allegations that the Dangote Petroleum Refinery imported substandard petrol into Nigeria, describing the claims as “technically inaccurate, commercially implausible, and unsupported by verifiable evidence”. In an investigative report signed on Friday by its lead investigator, Raymond Neil, the IIP...
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