“Void import licenses granted to NNPCL, AA Rano, others” — Dangote refinery begs court

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“Void import licenses granted to NNPCL, AA Rano, others” — Dangote refinery begs court …C0NTINUE READING HERE >>> Dangote Petroleum Refinery and Petrochemicals has officially filed a lawsuit at the Federal High Court in Abuja, seeking the annulment of import licenses that were granted to several companies, including the Nigerian National Petroleum Company Limited (NNPCL), … Read more

Aftermath of fuel subsidy removal cross-border fuel smuggling

Aftermath of fuel subsidy removal cross-border fuel smuggling

Aftermath of fuel subsidy removal cross-border fuel smuggling …C0NTINUE READING HERE >>> Aftermath of removal of fuel subsidies in Nigeria cross-border smuggling of Premium Motor Spirit has drastically reduced. This is according to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari. Kyari explained that the subsidy created a … Read more

DSS resolved dispute between NNPCL, independent marketers

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DSS resolved dispute between NNPCL, independent marketers …C0NTINUE READING HERE >>> The Department of State Services (DSS) has successfully mediated a resolution between the Nigerian National Petroleum Company Limited (NNPCL) and the Independent Petroleum Marketers Association of Nigeria (IPMAN), which will allow oil marketers to resume lifting Premium Motor Spirit (PMS) from NNPCL depots at … Read more

Fuel scarcity looms – IPMAN warns, reveals ordeal with NNPCL

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Fuel scarcity looms – IPMAN warns, reveals ordeal with NNPCL …C0NTINUE READING HERE >>> The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of a potential fuel shortage across the country. Speaking to journalists in Ilorin on Friday, IPMAN’s National Public Relations Officer, Alhaji Okanlawon Sulaiman Olanrewaju, attributed the looming fuel scarcity to the … Read more

Reverse petrol price hike immediately – TUC tells FG, NNPC

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Reverse petrol price hike immediately – TUC tells FG, NNPC …C0NTINUE READING HERE >>> The Trade Union Congress (TUC) has called on the government to reduce petrol prices, urging that they be lowered to levels below those of June 2023. According to reports, TUC President Festus Osifo made this appeal during a press briefing in … Read more

Oil Marketers Reveal Real Reason NNPC Increased Petrol Price in Nigeria

Oil Marketers Reveal Real Reason NNPC Increased Petrol Price in Nigeria

Oil Marketers Reveal Real Reason NNPC Increased Petrol Price in Nigeria …C0NTINUE READING HERE >>> Newsone Nigeria reports that petroleum marketers have said the Nigerian government has completely removed the subsidy on Premium Motor Spirit (petrol), which is the reason the Nigerian National Petroleum Company (NNPC) Limited increased the price of the product to N1,030 and N998 … Read more

BREAKING: More Hardship for Nigerians As NNPC Increases Petrol Price To N1K Per Litre

BREAKING: More Hardship for Nigerians As NNPC Increases Petrol Price To N1K Per Litre

BREAKING: More Hardship for Nigerians As NNPC Increases Petrol Price To N1K Per Litre …C0NTINUE READING HERE >>> NNPC has increased the petrol price to N1K per litre. Newsone Nigeria reports that the Nigerian National Petroleum Company (NNPC) Limited has increased the price of premium motor spirit (PMS), also known as petrol, across its retail outlets. This online … Read more

I didn’t direct NNPCL to stop running its refinery – Lokpobiri

I didn’t direct NNPCL to stop running its refinery – Lokpobiri

I didn’t direct NNPCL to stop running its refinery – Lokpobiri …C0NTINUE READING HERE >>> The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri has denied reports that he directed the Nigerian National Petroleum Company Limited (NNPCL) to stop running its refineries and focus solely on equity participation in other refineries. Lokpobiri in a … Read more

NNPC portal shutdownagainst dealers, says Marketers

NNPC portal shutdownagainst dealers, says Marketers

NNPC portal shutdownagainst dealers, says Marketers …C0NTINUE READING HERE >>> Oil marketers have said that the Nigerian National Petroleum Company Limited portal used to purchase petrol has been shut against dealers, making it impossible for them to apply for the commodity purchase. They said marketers are still awaiting over 90 million litres of petrol from … Read more