The Nigerian National Petroleum Corporation (NNPC) on Thursday said it generated a total of N2.197trillion from the sale of petrol between December 2019 to December 2020. In the period under review, the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, who broke the news in a press statement, said the corporation raked in […]Read More
The Nigerian National Petroleum Corporation has insisted that petrol depot price will remain unchanged in March. This is coming as a reaction to the Petroleum Products Pricing Regulatory Agency, PPPRA fixing the pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March on Thursday.In a […]Read More
The Trade Union Congress (TUC) has joined the Nigeria Labour Congress (NLC) in threatening to shut down activities in the country on September 28 if the federal government refuses to reverse the recent hike in petrol price and electricity tariff. The decision came as the national executive council of the NLC agreed with the decision of its […]Read More
The Nigerian National Petroleum Corporation (NNPC) has disclosed that between July 2019 and July 2020, Nigeria flared more gas than it supplied to its domestic industries, averaging about 600.38 million standard feet per day (mmscf/d). In its July 2020 report on its operations, the NNPC explained that 490.21mmscf/d of gas was sent to industries on […]Read More
The Nigerian National Petroleum Corporation (NNPC), yesterday, defended its role in the importation of Premium Motor Spirit, otherwise known as petrol, noting that its intervention has helped to check false claims for subsidy arising from smuggling of the product to neighbouring countries as well as demand for foreign exchange. According to the NNPC, activities of […]Read More
The landing cost of Premium Motor Spirit, also known as petrol, is N35 higher than the pump price of N145 per litre, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said on Tuesday. Kachikwu said the rise in global crude oil prices after the 2016 hike in petrol price brought back subsidy. Recalling […]Read More
Nigerian National Petroleum Corporation (NNPC) has asked Nigerians to report any filling station that sells Premium Motor Spirit (PMS), popularly known as petrol beyond N145 per litre to relevant agencies. It made the call in a statement by the NNPC Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, on Thursday in Abuja. The […]Read More
No fewer than two persons and five vehicles were burnt on Wednesday morning at Barracks Bus Stop, along Mile 2 on Badagry Expressway after a 33,000 litre fuel tanker fell and exploded. The Director of Lagos State Fire Service, Mr Musibau Rasaki confirmed the incident to the News Agency of Nigeria (NAN), saying that his […]Read More
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