Federal Government admits to N5.4 trillion fuel subsidy in 2024 after series of denials
In a surprising turn of events, the federal government has finally admitted Africa’s biggest oil-producing country will be spending up
Read more
NNPC
Landing cost of fuel rises by 46.8 per cent and now N1,026.71 per litre— Investigation
There are indications that the landing cost of Premium Motor Spirit, PMS, otherwise known as petrol rose year-on-year, YoY, by
Read more
Federal government will not dictate & fix fuel pump price for Dangote refineries so says NMDPRA
The Federal Government has restated its stance that it will not set the price of petroleum products from the Dangote
Read more
Nigerians customs intercepts fuel worth over N10.8 million being smuggled to Cameroun
The Adamawa/Taraba command of the Nigerian Customs Service (NCS) says it has recently seized 12,435 litres of Premium Motor Spirit
Read more
Fuel scarcity persists & enters third week even as oil marketers remain frustrated
Petrol supply challenges facing the country entered its third week yesterday with marketers remaining upbeat about the situation following the
Read more
Man shot dead by soldiers during fuel queue scuffle In NNPC filling station Obalende, Lagos
The family of a young man, Toheeb Eniafe, has been thrown into mourning after he was shot at a petrol
Read more
Speedily complete Portharcourt refinery to combat fuel scarcity—Petroleum marketers task Tinubu
As fuel scarcity continues to disrupt daily life in some states of the country, the Independent Petroleum Marketers (IPMAN) has
Read more
Agony, frustrations & hardship as petrol scarcity grounds Nigeria….fuel now sells at N1,500 per litre
Acute shortage of petrol in Lagos, Abuja and other parts of the country has begun crippling economic activities across the
Read more
Kaduna Refinery to resume 60% production capacity by December—NNPCL promises again
The Management of the Nigerian National Petroleum Company Limited (NNPCL) says the rehabilitation of the Kaduna Refining and Petrochemicals Company
Read more
Petrol scarcity bites harder nationwide, as black marketers having field day jack up prices outrageously
The scarcity of premium motor spirit (PMS), commonly referred to as petrol, has persisted nationwide, giving rise to the proliferation
Read more