x

How Matrix Energy Imports Bad Fuel Into Nigeria From Malta

By Samuel Itsede

Matrix Energy Group a Nigerian owned oil firm has come under serious scrutiny over allegation of importing substandard petroleum products into the country from its blending facility in Malta

The company according to a report by Leadership newspaper imported fuel from Malta to Nigeria between July 14 and
August 3, 2024. The importation includes Premium Motor Spirit (PMS), diesel, and Jet A-1 fuel from Russia via Malta which were all substandard.

Sources who spoke on the importation said that diesel from Russia is typically off-spec and is often corrected in places like Lome and Malta by blending it with other components.

Matrix Energy Group is owned
by Abdulkabir Adisa Aliu, who is
also a member of the Presidential Economic Coordination Council (PECC).

Aliu serves as the Group Managing Director/CEO and overseas operations at a 150-million-liter capacity depot in Warri, known as Bluefin Depot, three ships (Matrix Pride, Matrix Triumph, Matrix S.ILU), and around 600 trucks.
Sources said Matrix Energy is
heavily involved in importing Russian products through various blending locations.

An oil blending plant is a facility that blends re-refined oil with additives to create finished lubricant
products.

These plants use a variety
of equipment to mix the oil and additives, including pumps, tanks, and
mixers. It has no refining capability
but can be used to blend re-refined
oil (a used motor oil that has been
treated to remove dirt, fuel, and water) with additives to create finished
lubricant products.

Hot this week

Oborevwori Commends NYSC Members in Delta for Resilience and Dedication

By Anne Azuka, Issele-UkuGovernor Sheriff Oborevwori of Delta State...

A’ibom: Group says “sacked” PDP chairman’s meeting illegal

By Ogenyi Ogenyi,Uyo.A group, the PDP Advocates for Peace...

FG Committed to Collaborating with Genuine Private Sector for a Prosperous Nation

…as SGF receives award for promoting climate change initiativeBy...

NYSC members in Delta commended for resilience, commitment, duty

By Anne AzukaMembers of the National Youths Service...

Northern CAN Mourns Evangelist Uma Ukpai, Describes Him as ‘Preacher Without Borders’

By Achadu Gabriel, KadunaThe Christian Association of Nigeria (CAN),...

FCTA Scales Up Funding for Renovation of PHCs in Abuja

By Joyce Remi-BabayejuThe Federal Capital Territory Administration, FCTA,...

ABUMET inspires youth creativity in Graffiti competition

By Lucy OmakpoAs part of its CSR initiative for...

WHO Appoints Dr.Pavel Ursu As Nigeria’s Country Rep

By Joyce Remi-BabayejuThe World Health Organization , WHO,...

Council Meeting: Wike Slams Blackmailers, Says, I Remain Focused to Achieve Results

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nysome Wike,...

Super Eagles Draw Gabon in 2026 World Cup Play-off Semi-final

Nigeria will face Gabon in the semi-finals of the...

Dogara Hails Tinubu’s Agenda, Urges Youth Action**

Former Speaker of the House of Representatives, Rt. Hon....

Kogi Govt Partners L-PRES to Boost Livestock Productivity

By Noah Ocheni, LokojaThe Kogi State Government, in collaboration...

Related Articles

Popular Categories

spot_imgspot_img