FG Unaffiliates Itself From NNPC Recent Petrol Price Hike
The Federal Government has denied a report that the Ministry ofPetroleum Resources ordered the NNPC Limited to sell petrol at ₦1,000 per litre. In a statement yesterday, the Special Media Adviser to the Minister for PetroleumResources (Oil), Nnemaka Okafor, declared that the report was concocted and ill-conceived to sow discord and confusion in the oil […]
Nigerians in for Tougher Times as Petrol rises to N855 per Litre
Nigerians are in for tougher times, following the price increase of petrol to N855per litre by filling stations belonging to the Nigerian National PetroleumCorporation Limited in Lagos. The price adjustment comes amid the ongoing fuel scarcity rocking the country,and days after the NNPC admitted that its capacity to supply petrol to localmarketers is threatened by […]
NNPC – Fuel stations to operate longer hours to aid PMS supply
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says fuel stations are to operate longer hours for supply and distribution of petrol, calling on fuel stations to aid availability in view of the current tight situation. Its Executive Vice President, Downstream, Mr Dapo Segun, during a joint inspection of stations by the firm and the […]
House of Reps assures 1.5 Billion Litres of petrol available, calls for Calm
The House of Representatives Committee on Petroleum Resources, Downstream and midstream have said that from their findings, there is availability of petrol products which have since arrived the country but supply and distribution was disrupted by challenges of transport vessels. Our correspondent Nathan Williams reports that the downstream and midstream committees led by Hon. Ikenga […]
Nigeria faces a fuel shortage despite the NNPC’s supply guarantee
Queues for Premium Motor Spirit (PMS) also known as petrol have continued to grow as the country faces a fresh round of fuel scarcity despite assurances by the (NNPC) Limited that it has resolved the cause of fuel shortages in the country. NNPC spokesman Olufemi Soneye had in a statement last week emphasised that the […]
Dangote Refinery further cuts down prices of diesel and aviation fuel
Dangote Petroleum Refinery has announced a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively. Its Head of Communication, Anthony Chiejina, said the price change of N940 is applicable to customers buying five million litres and above from the refinery, while the price of N980 is for […]
Rivers Labour Threatens Strike over Hike in Transport Fares
The Rivers State Council of the Nigeria Labour Congress, NLC, says it will be left with no other option than to ask its members to sit at home next week if the Federal and State government do not act fast to look into the high transport fares paid by workers in the state occasioned by […]