NNPC cautions against Panic buying of petrol, assures of availability and supply

The Nigerian National Petroleum Company (NNPC) Limited has once again urged motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol. This comes as the nationwide supply and distribution of the product continues to improve. Its Chief Corporate Communications Officer, Olufemi Soneye, in a statement said the queues at filling […]

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 […]

Market Forces Responsible for Rising Petrol Prices, Price will fluctuate

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, says market forces are responsible for the rising pump prices of Premium Motor Spirit (PMS) known as petrol. Kyari spoke on Tuesday afternoon after a meeting with Vice President Kashim Shettima at Aso Rock, Abuja. He said with deregulation of […]