NIGERIAN ASSOCIATION FOR FAMILY DEVELOPMENT RELEASE COMMUNIQUE ON 18 BIENNIAL CONFERENCE HELD IN AWKA. (PHOTOS). #PRESS RELEASE

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 Nigerian Association for Family Development releases communique on 18 biennial conference held in Awka By Chris Chikelue The Nigerian Association For Family Development (NAFAD) has made public the communique made at the 18th Biennial conference  themed: 'Marriage as a Vocation- Flourishing Despite Modern Challenges'. The communique which was issued on March 30, 2025 at the Bishop AK Obiefuna  Retreat and Pastoral Centre, Okpunor, Awka, Anambra State was signed by NAFAD National President, Mr. Uche Okpala and its National Secretary,  Mrs Tayo Akinyede. It was a gathering that brought together couples, relationship experts, and singles to explore practical ways to strengthen marriages and address contemporary relationship challenges. According to the communique the event emphasized that marriage is a sacred vocation—a call to total self-giving, sacrifice, and shared purpose in building resilient families. The key resolutions from discussions at the conference were bas...
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MULTI-BILLION NAIRA MODULAR REFINERIES CAN'T REFINE FUEL DUE TO PRICE REGULATION-NNPC.(PHOTO).

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Multi-billion Naira Modular Refineries Can’t Refine Fuel Due To Price Regulation – NNPC

The Nigerian National Petroleum Company Limited on Wednesday explained that one of the key reasons modular refineries in Nigeria were not producing Premium Motor Spirit, popularly called petrol, was because of the regulated pump price of PMS by government.

A modular refinery is a simplified refinery requiring significantly less capital investment than traditional full-scale refineries. They are crude oil processing facilities with capacities of up to 30,000 barrels per day.

Nigeria has a number of modular refineries in Edo, Delta, Imo and other states, while plans are on to increase the number through private sector investments.

Speaking on the reasons why modular refineries were not producing petrol, during a plenary session at the ongoing Nigeria International Energy Summit 2022 in Abuja, the Group Executive Director, Refining, NNPC, Mustapha Yakubu, said it was due to fuel pump price regulation.

He said, “Some modular refineries should take up to 50,000 barrels per day, but because of financing you can start with 10,000 barrels and then scale up gradually to 50,000 barrels.

“What do you need to do to produce PMS? It is to put additional investment that will put in the cracker required to produce the PMS. But in this period why they (modular refineries) cannot produce PMS is because we are under full regulation.

“So to me, if they produce PMS today, at what cost are they going to produce it and at what cost are they going to sell under this regulated environment?”


 

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