NNPCL
Oil marketers, on Tuesday, countered the position of the Federal Government, as they insisted that the current pump price of Premium Motor Spirit, popularly called petrol, should not be less than N800/litre if there was no subsidy on the commodity. Petrol currently sells at between N580/litre and N617/litre depending on the area of purchase, as […]
The Federal Government, on Monday, denied reintroducing the subsidy on Premium Motor Spirit, popularly called petrol, amid the closure of many filling stations nationwide due to various challenges in the downstream oil sector. It also said the pockets of queues observed by motorists in petrol stations across the country stemmed from hiccups in product distribution […]
Two siblings, Samuel and Samson Ogoshi, have been extradited to the United States to face trial for allegedly running a global sexual extortion operation, leading to the death of a teenage US citizen, Jordan DeMay. The extradition of the siblings followed a judgment by Justice Binta Nyako of the Federal High Court. The […]
The Nigerian National Petroleum Company Limited has eventually spoken up as regards the widespread concern of a possible hike in the pump price of Premium Motor Spirit, popularly called petrol. In a post by the company, posted around 11:48pm on Monday on its official X (formerly Twitter) handle, the national oil firm and major […]
The fall of the naira against the United States dollar, coupled with the recent rise in global crude oil prices, is making Nigerians apprehensive of a possible hike in the pump price of Premium Motor Spirit, popularly called petrol. Although the Nigerian National Petroleum Company Limited and other oil marketers have not announced any increase […]
The pump price of Premium Motor Spirit, popularly called petrol, was raised from N537/litre to N617/litre at some filling stations operated by the Nigerian National Petroleum Company Limited in Abuja on Tuesday. Independent oil marketers confirmed the increase in the cost of the commodity, as they stated that any shift in price by NNPCL […]
Large consignments of Premium Motor Spirit, popularly called petrol, being imported by major oil marketers, are to hit Nigeria from next week and may force down the price of the commodity, both major and independent dealers stated on Sunday. It was also gathered that crude oil refiners were currently releasing refined petroleum products on credit […]
The local production of Premium Motor Spirit, otherwise known as petrol, by Dangote Refinery, Port Harcourt Refining Company and others in Nigeria is not going to change the pump price of the commodity, the Nigerian National Petroleum Company Limited has said. The NNPCL’s Group Chief Executive Officer, Mele Kyari, who disclosed this during an […]
The House Of Representatives commended the decision of President Bola Tinubu on fuel subsidy removal. This followed a motion of urgent public importance by a member, Jimoh Olajide. The House further appealed to Nigerians to be patient and prayerful to allow the President deliver on his promises. On Monday during his inaugural speech at the […]
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