Strategies for Managing Petroleum Products Scarcity in Nigeria

STRATEGIES FOR MANAGING PETROLEUM PRODUCTS SCARCITY IN NIGERIA (A CASE STUDY OF ENUGU STATE)

The history of petroleum in Nigeria is said to be fascinating.  After the discovery of oil in commercial quantities in port Harcourt now River State shell BP petroleum development company of Nigeria pledged that their consideration would be given to the economic fusibility of constructing a refinery as soon as the output of crude oil attained an  aggregate of 500,000 tons per year.  [Read more…]

The Nigerian Oil Industry – An Overview

The Nigerian Oil Industry – An Overview

History of the Nigerian Oil Industry – The Nigerian National Petroleum Corporation is the government agency or a government owned company which is engaged with the responsibility for the public sector involvement in the oil industry. Its history goes back to the late fifties when the production of oil for export (in 1958) necessitated that government set up a machine for the co-ordination of the activities of the great importance to our national economy. [Read more…]