BY SAM OTUONYE Owners of refineries in Nigeria, under the umbrella of the Crude Oil Refinery-owners Association of Nigeria (CORAN), have urged the federal government… Read More »CORAN urges FG not to issue import licences for petrol, diesel
BY MYKE UZENDU, ABUJA Data from National Bureau of Statistics (NBS) on Nigeria’s import has revealed that the country’s total import from Malta rose to… Read More »Petrol Import from Malta jumps by 342% increase to $2.08bn in 2023 – NBS report
Fuel merchants attribute the resurgence of lines in Lagos and the Federal Capital Territory on supply disruptions. Billy Gillis-Harry, the president of PETROAN, the Petroleum… Read More »Marketers– Why petrol queues in Lagos, Abuja always coming back?
The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N172.61 in April 2022.… Read More »Petrol increased to N172.61 in April- NBS
The Nigerian Ports Authority (NPA) on Wednesday said that 10 ships had arrived the Lagos ports were waiting to berth with petrol, bulk wheat, base… Read More »Scarcity: 10 ships with petrol, others berth at Lagos ports
The Independent Petroleum Marketers of Nigeria (IPMAN) has blamed the increase in the pump price of petrol in the SouthEast on the hike in the… Read More »IPMAN blames private depots for hike in petrol price
Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (PMS) also known as petrol to tackle the increasing fuel scarcity… Read More »NNPC Boosts Daily Supply Of Petrol To Retailers
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has frowned at the re-emergence of petrol queue across the country, assuring… Read More »Petrol Queue: Kyari Briefs Buhari, Promise To End Fuel Scarcity In Hours
The Nigerian National Petroleum Corporation (NNPC) says it will not increase the ex-depot price of Premium Motor Spirit also known as petrol in May. … Read More »No Petrol Price Increase In May, Says NNPC
The Nigerian National Petroleum Corporation (NNPC) says it supplied 1.44 billion litres of Premium Motor Spirit (PMS) also known as petrol in January 2021. … Read More »NNPC Supplies 1.44bn Litres Of PMS In January – Report
Director-General, Lagos Chamber of Commerce and Industry, Dr. Muda Yusuf, has called for the removal of subsidy on petrol describing subsidies as “repressive and suffocating… Read More »LCC1 DG Advocates Social Pricing Window For Petrol
The Nigerian National Petroleum Corporation (NNPC) says it will maintain the current ex-depot price of Premium Motor Spirit, also known as petrol, until the conclusion… Read More »Petrol: We Will Maintain Current Ex-depot Price- NNPC
The federal government has increased the pump price of petrol to N212.61 a litre, less than two weeks after assuring that there would be no… Read More »FG Increases Pump Price Of Petrol
Black marketeers have taken over the retail of Premium Motor Spirit (PMS) in Abuja as the queuing spreads to petrol stations outside the city. Omole… Read More »Fuel Scarcity Worsens In Abuja As Black Marketeers Take Over
Sometime in 2020, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, announced that subsidy on petrol had been removed. This… Read More »Oil Downstream Deregulation And Matters Arising
Timipre Sylva, the minister of state for petroleum resources, says the federal government has not totally removed subsidy on petrol. Sylva clarified the government’s actions… Read More »FG Has Not Completely Removed Petrol Subsidy -Petroleum Minister
The presidency has again defended the recent increase in the pump price of petrol. The Petroleum Products Marketing Company (PPMC) had, in September 2020, increased… Read More »‘How Many Nigerians Have Cars, Generators?’- Garba Shehu