Oil & Energy
Oil Sector: Buhari Tasks NNPC, Local Oil Firms On Challenges
President Muhammadu
Buhari has directed the Nigerian National Petroleum Corporation (NNPC) to work more closely with the indigenous oil producers to address challenges in the nation’s oil and gas sector.
The president gave the directive at a meeting with members of the Independent Petroleum Producers Association in the Presidential Villa, Abuja.
He commended their determination to increase the participation of Nigerians in the country’s oil industry and promised to do all within his powers to address the challenges in the sector.
President Buhari assured all the indigenous companies operating in Nigeria’s oil and gas sector of the full support and protection of his administration.
“We have the manpower for a more effective participation in our oil industry. We will give you all possible encouragement.
“You certainly won’t be ignored under my leadership,” President Buhari told members of the association which represented about 20 Nigerian companies operating mainly on onshore fields.
The president particularly assured the Nigerian oil producers that the present administration would take appropriate actions to maintain and enhance security in their areas of operation.
According to him, efficient security will help to lower production costs which has become unnecessarily high in the country.
Mr Austin Avuru, who spoke on behalf of the Nigerian oil producers, enumerated the challenges currently being faced by the group such as security and the funding of joint ventures with the NNPC.
He said the indigenous oil producers were already making significant contributions to the development of the Nigerian economy and could do more with the support of the present administration.
Avuru later told State House Correspondents that the Independent Petroleum Producers Group (IPPG) had the capacity to deliver 1.2 million barrels of refined oil daily to meet domestic consumption requirement of the nation by the year 2020.
According to him, this will be achieved with the construction of indigenous refineries.
He explained that with other companies coming up with smaller refineries and in partnership with the NNPC, the group was confident that it would meet the target of 1.2 million barrels of refined oil daily.
He further said that the group had, in the past five years, invested nine billion dollars in the oil and gas sector and also made over one billion dollars each year in work programme investment in the sector.
According to him, the group is looking at the segment of the industry that is going to become a very critical partner to government, particularly in the delivery of natural gas and other products into the domestic economy.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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