• Contact Us
  • About Us
Saturday, September 5, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

FG to slash sulphur in fuels a year after UN deadline

metro by metro
March 13, 2018
in Economy
0
0
SHARES
0
VIEWS

Crude oilFG will begin cutting the sulphur levels allowed in imported fuels in July, a change long sought by health and environmental campaigners, a year after an initial deadline, an official at state oil company NNPC said.

West African nations had promised higher quality by July 2017 as part of a United Nations Environmental Programme (UNEP)campaign, but only Ghana met the deadline.

Read Also

Multinational Exit Masks Nigeria’s $54bn External Reserve Surge

Nigeria’s Inflation Falls To 15.43 As Worries On Food Prices Remain

ICPC Uncovers N24bn Ghost Workers Scandal, Official Puts 14 Family Members On Government Payroll

Nigeria will lower the top level of sulphur in diesel to 50 ppm, from 3,000 ppm, by July 1, Anibor O. Kragha, NNPC’s chief operating officer of refineries and petrochemicals said in a presentation to the African Refiners Association (ARA).

Gasoline sulphur level cuts, a cost that will be borne largely by the government due to capped prices for the fuel, will start in October, moving to 300 ppm from 1,000 ppm.

Nigeria is targeting a cut to 150 ppm by October 1, 2019, Kragha said.

UNEP, the ARA and health campaigners have been pushing West African nations to ban fuels that have been illegal in Europe and the United States for years due to what they say are significant health problems associated with sulphur emissions – particularly in dense urban areas such as Lagos.

Kragha, in a presentation during ARA Week in Cape Town, said that while Nigeria is committed to cleaner fuel standards,“significant costs” has complicated efforts to meet the deadline.

The presentation said that the first shift to cleaner gasoline would cost $11.7 million per month, and the diesel reduction $2.8 million per month.

Because gasoline prices are capped in Nigeria, and NNPC itself has been importing the bulk of it over the past year via crude for product swaps, the government is likely to bear much of the initial costs for a cleaner specification.

Diesel prices are deregulated, meaning consumers will pay directly for the better-quality fuels. Nigeria’s own oil refineries will have until 2021 to meet the new sulphur levels, Kragha said.

Tags: FG to slash sulphur in fuels
Previous Post

Lawmakers got angry when I challenged them on jumbo pay – Oby Ezekwesili

Next Post

NNPC in talks with two consortiums to revamp its dilapidated refineries

Related Posts

Multinational Exit Masks Nigeria’s $54bn External Reserve Surge
Economy

Multinational Exit Masks Nigeria’s $54bn External Reserve Surge

September 5, 2026
More Nigerians Go Hungry As Food Prices Soar beyond Average Consumers
Economy

Nigeria’s Inflation Falls To 15.43 As Worries On Food Prices Remain

August 17, 2026
ICPC Arrests NSCDC Deputy Commaandant Over Alleged N3bn Fraud
Economy

ICPC Uncovers N24bn Ghost Workers Scandal, Official Puts 14 Family Members On Government Payroll

August 13, 2026
Leadership Deficit And Political Crises Rocking ECOWAS Region
Economy

ECOWAS Targets $294bn Climate Finance Gap, Moves To Unlock West Africa’s Carbon Market

August 12, 2026
Next Post
NNPC

NNPC in talks with two consortiums to revamp its dilapidated refineries

Niger Blames France For Inciting Soldiers Mutiny

Niger Blames France For Inciting Soldiers Mutiny

September 5, 2026
Bolt, InDrive Move To Recapture Market Share After Uber’s Exit From Nigeria

Bolt, InDrive Move To Recapture Market Share After Uber’s Exit From Nigeria

September 5, 2026
Pig Kidney Functions In Patient For Record 271 Days Before Being Replaced With Human Organ

Pig Kidney Functions In Patient For Record 271 Days Before Being Replaced With Human Organ

September 5, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version