Oil & Gas
Modular Refineries: CORAN Seeks More Investment in Nigeria

Mr Emmanuel Iheanacho, the Chairman, Board of Trustees of Crude Oil Refiners Association of Nigeria (CORAN), has called for encouragement for grater investment in the establishment of modular refeneries in Nigeria.
This will be a step to improving the country’s oil and gas downstream sector, he said.
Iheanacho told the media on Friday in Lagos that having efficient crude oil refining capacity in modular refineries would address a core energy need to support transportation and businesses that require energy for their daily operations.
Making an analogy with the United States of America, Iheanacho said: “Modular refineries are a logical way to go. Let me start by comparing ourselves to America for instance.
“America is a huge country; it is about one and a half times the population of Nigeria. It has 139 fully functional refineries. And Nigeria has four refineries that are not working.
“Again, let us look at Texas, which is about the size of Lagos. How many refineries does it have? Thirty-two! How many refineries does Lagos have? None,” the CORAN said.
He said: “So, we have a long way to go. It means we must have means of refining petroleum products, so that we can provide transportation to move goods and services and provide the energy resources to power our industries.
“These are the basic things that we need. If we suspend them and give priority to other areas of our economy, we would not get the benefits that we are entitled to.
“So, first and foremost, provide energy resources, provide the lighting. These are the things that modular refineries can do.
“The government should actually take into considering the need to have more modular refineries to work in tandem with Dangote Refinery when it begins to produce, because government refineries in Warri, Port Harcourt and Kaduna have not been working.
“This is why we need the private sector input, in the conception of modular refineries and the operation of these facilities,” he added.
Commending President Bola Tinubu’s removal of the fuel subsidy, the CORAN chairman described the subsidy regime as “a total waste”.
Iheanacho, who is also the Chairman of Eko Refineries and Integrated Oil and Gas Nigeria Ltd., said the subsidy regime failed to benefit the poor masses it was meant to support get affordable transportation.
“Let’s talk about the subsidy issue; it was a total waste.
“Subsidy was maintained because the masses were supposed to benefit from cheap transportation as a result of subsidy on petroleum products.
“But the truth of the matter is that the poor people were not benefitting from it at all.
“So, those who drove into a fuel station in their private cars and bought as much as they wanted were the ones who benefitted from the fuel subsidy.
“The poor masses who were stuck in buses that could buy a maximum of like 100 litres did not benefit from it. And nothing compelled the private car owner to give people a ride as he drives along because he had bought government-subsidised fuel,” he explained.
Iheanacho, however, highlighted that the masses were yet to start feeling the gains of the fuel subsidy removal because pricing and volumes were still being dictated rather than being left to market forces to determine.
“We are not surprised that subsidy was removed. But people are disappointed because prices are rising as the expected changes have not fully manifested.
“A part of the problem is that people are still fiddling with the pricing of petroleum products.
“The price of petroleum products is not supposed to be dictated by anyone, the volume that is supplied in the market is not supposed to be dictated by anyone.
“All of these things are supposed to be determined by interaction of competitors in the marketplace.
“So, if there is need for fuel in the market, people bring in fuel, more people bring in fuel and there is greater competition.
“It brings down the prices and comes down to an equilibrium level beyond which the price could not be dropped again.
“That is the price that people would pay for it. It would happen once people stop fiddling, calling prices, calling volumes. It happened with diesel,” he said.
Iheanacho said that his 20,000 bpd modular refinery project on Tomaro Isalnd, Lagos, was far gone, but seeking further financing to begin construction to which authority had been granted.
“Our modular refinery proposition has gone as far as it can go. Modular refineries are highly capital intensive facilities.
“We have articulated this, we have done the engineering studies, we have done the detailed engineering studies, and we have achieved the authority to construct.
“But we are still at the point where we are trying to raise financing; this is the key drawback.
“It is very similar to the problems people have with owning ships. It is highly capital intensive,” Iheanacho said.
He also underscored the challenges in financing such capital intensive projects without support of the Central Bank.
He said: “Unless you have some specialised financing mechanisms set up by the Central Bank, so that people can borrow money from it, it would be difficult for these things to be actualised.
“It is also a need for us to have specific guarantees with respect to availability of crude, because it is really odd in a situation where the Nigerian government partners some oil-producing companies and then has a share of the oil.
“It would be odd for the government to be selling that oil on a Free On Board (FOB) bases, whilst there are local refineries that are set up and can use those things and add value.
“So, the time has come when we should match the government’s share of the crude to the refining proposition of the local refiners and then have cheap and sufficient fuel for use in our economy and that we can also export to our neighbouring countries.
“In the internationally-recognised rules for responsibilities to be borne by buyers and sellers of goods, the Free On Board ‘(FOB) Origin’ requires the buyer to assume all the risk once the seller ships the product.” (NAN)
NEWS
NGEP Urges Gas Reticulation In Buildings

By Olasunkanmi Onifade
Abuja, April 29, 2025 The National Gas Expansion Programme (NGEP) has called on stakeholders to promote the integration of gas reticulation systems in estates, districts, and industrial areas, following best practices seen in developed countries.
Chairman of NGEP, Prof.
Mohammed Ibrahim, made the call on Tuesday during the Builders’ Conference and Annual General Meeting of the Nigerian Institute of Building (NIOB), FCT Chapter, in Abuja.The conference, themed “Gas Reticulation in Building: Design, Safety, Environmental Compliance and Prospects for Builders,” focused on enhancing energy infrastructure in Nigeria’s built environment.
Ibrahim noted that with Nigeria’s vast natural gas reserves, gas reticulation offered a sustainable solution to improve energy accessibility, affordability, and reliability in homes and businesses.
“Gas reticulation in buildings presents a compelling pathway to a more sustainable, efficient, and resilient built environment.
“By prioritising sound design principles and ensuring strict adherence to safety and environmental standards, we can unlock the full potential of natural gas to drive progress,” he said.
He highlighted the key benefits of gas reticulation, including energy efficiency, cost effectiveness, versatility, and reliability.
Also speaking, the Chairman of the Council of Registered Builders of Nigeria, Samson Opaluwah, stressed the importance of capacity building for safe and efficient gas distribution.
He said this involved training engineers, technicians, and other professionals in system design, installation, and maintenance, while also strengthening regulatory frameworks and encouraging local innovation and manufacturing.
The Chairman of NIOB, FCT Chapter, Usman Okehi, emphasised the growing need to incorporate gas systems in residential, commercial, and industrial developments across Nigeria due to rising energy demands and gas availability.
According to him, with this advancement comes the need for strict adherence to design standards, rigorous safety protocols, and full environmental compliance.
“It is our responsibility as professionals and regulators to ensure these systems are functional, safe, and environmentally sound,” Okehi said.
He described the conference as a platform where stakeholders could explore the evolving landscape of gas infrastructure in building projects, share best practices, examine safety and environmental considerations, and assess future opportunities for builders in the sector.
The News Agency of Nigeria (NAN) reports that the Nigerian Institute of Building is the professional body for builders in Nigeria. It traces its origins to the Builders’ Society, established in London in 1834.
Oil & Gas
FG Inaugurates Committee to Enhance Gas Distribution in Urban Buildings

The Ministry of Petroleum Resources has inaugurated a Technical Working Group to enhance gas reticulation practices in Nigeria’s building industry.
The ministry’s Permanent Secretary, Amb. Nicholas Ella inaugurated the Technical Working Group (TWG) between the National Gas Expansion Programme (NGEP) and the Council of Registered Builders of Nigeria (CORBON) on Wednesday.
Reports= says that reticulation refers to the process of creating a network of pipes or tubes to distribute gas or other utilities to buildings or industrial sites.
The permanent secretary restated the importance of creating energy smart cities, saying that modern urban development relies on efficient gas and utility distribution systems,
“Most modern cities in developed countries have evolved to energy smart cities where energy, specifically gas and other utilities are piped to districts and estates.
“However, one of the key tools in creating energy smart city is the National Building
Code which, in essence, sets the guidelines on Building Pre-design, designs, construction and post-construction stages,” he said.
The permanent secretary reiterated the benefits of reticulated gas systems for households and businesses alike, adding that it ensured metered supply akin to water and electricity,
According to him, it eliminates the need for cumbersome refills, and also enhances safety by burying pipes and incorporating advanced safety equipments.
“The TWG is tasked with designing a comprehensive policy to implement best practices for gas reticulation using LPG, PNG, and Bio-Gas across Nigeria’s building sector.
“Key responsibilities include reviewing the current National Building Code, examining global gas distribution systems, and proposing quality standards for materials used in gas installations,” he said.
The permanent secretary emphasised the need for rigorous safety protocols and guidelines to ensure the efficient and safe use of gas in construction.
He urged the group to prioritise environmental sustainability in its recommendations, adding that the group is expected to submit its report by Nov. 15.
Earlier, Mr Samson Opaliwah, the Chairman of CORBON. expressed the council’s commitment to collaborate with the group to ensure safe uptake of gas for use in houses and housing estates in Nigeria.
“I assure you of the williness of CORBON to leverage the expertise and resources at her disposal to ensure that steps are put in place for gas infrastructure in buildings and estates.
“The gas infrastructure will be safe, sustainable and world-class.
” Our collective efforts will yield clear, standardised guidelines for safe and effective gas systems in buildings, matched with a skilled workforce to meet growing demands in Nigeria,” he said. (NAN)
Oil & Gas
Utilise Oil, Gas Industry Report as Tool for Public Debate – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged stakeholders to utilise its 2022/2023 oil and gas report for civic engagement, constructive dialogue, and public debate.
Executive Secretary of NEITI, Dr Orji Ogbonnaya Orji, made the call at the report’s public presentation on Thursday in Abuja.
The report was unveiled by Mr Ola Olukoyede, Chairman, Economic and Financial Crimes Commission (EFCC), alongside Sen.
George Akume, Secretary to the Government of the Federation and Chairman, NSWG, NEITI and other dignitaries.Orji emphasised the report’s significance in guiding policy, encouraging public debate, and improving governance in natural resource management.
He highlighted the report’s comprehensive data on revenues, governance structures, operations, and compliance within the oil and gas sector.
Speaking at the public presentation of the report, Akume reaffirmed the Federal Government’s commitment to transparency principles.
Olukoyede pledged to investigate the report’s findings and recommendations, noting that NEITI’s previous reports led to the recovery of over N1 billion.
The report is available on NEITI’s website, providing valuable insights into the sector’s performance and challenges.
The presentation was attended by Chairmen of National Assembly Committees, captains of industries, members of diplomatic missions, development partners, civil society organisations and the media. (NAN)