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IPMAN orders immediate closure of all fuel stations in Ondo

The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Ondo State has ordered the closure of filling stations across the state over the arrest of its members.

Senate throws out report on fuel crisis

The Senate, yesterday, rejected the report of the Committee on Downstream Petroleum sector that investigated Premium Motor Spirit, PMS, crisis across the country.

Fuel subsidy: A bigger fraud is being perpetrated – Senator Saraki

Senate President Bukola Saraki has reacted to an ongoing investigation into “discrepancies” in fuel subsidy, saying its reintroduction is fraudulent.

Federal govt paid N450 billion petrol subsidy – Senator Marafa

Chairman, Senate committee on Petroleum (Downstream), Sen. Kabiru Marafa, on Wednesday, told his colleagues that the Federal Government has, so far, paid N450 billion as subsidy on Petroleum Motor Spirit (PMS), popularly known as petrol.

House of Reps summon Ibe Kachikwu, Maikanti Baru over fuel subsidy payment

The House of Representatives, on Wednesday, summoned Minister of State for Petroleum, Emmanuel Ibe Kachikwu, and the Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, over the payment of subsidy on Premium Motor Spirit (PMS) with approval from the National Assembly.

NNPC begins direct petrol supply to independent marketers

The Nigerian National Petroleum Corporation has commenced the direct supply of Premium Motor Spirit, popularly known as petrol, to independent oil marketers in order to effectively clear the fuel queues still prevalent in some parts of the country.

NNPC begins enforcement of N133.28 ex-depot petrol price

The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has deployed more of its depots and other throughput facilities to enforce the N133.28 per litre Ex-Depot price of Premium Motor Spirit, otherwise known as petrol, to marketers directly.

DPR seals six filling stations, enforces N145 per litre in Anambra

The Department of Petroleum Resources has sealed six fuel stations in Anambra for allegedly hoarding and selling petrol above the official pump price of N145 per litre.

Fuel scarcity: We have enough petrol – NNPC

The Nigerian National Petroleum Corporation, NNPC, on Thursday in Abuja urged motorists not to engage in panic buying of any petroleum products.

Fuel scarcity: DPR seals 15 erring petrol stations in Delta

The Department of Petroleum Resources (DPR), Warri Zonal Office, on Wednesday, said it has, in the last one week, effected the sealing of 15 erring petrol stations across Delta State.

DPR seals filling stations in Bauchi

The Department for Petroleum Resources (DPR) Monday sealed over 10 filling stations in Bauchi for selling PMS above the regulated pump price of N145 per liter just as the scarcity of the commodity bites harder.

Labour chief asks federal govt to treat fuel diversion as terrorism

As shortages of petroleum product linger nationwide, ‎Vice President of Industrial Global Union, Comrade Issa Aremu, on Saturday, asked the Federal Government to rise to the occasion due to the adverse effects on the masses.

Oil marketers give conditions to sell petrol at N145

Oil marketers have said that the cost of petrol in the pricing template that is currently being reviewed will be determined by foreign exchange.

No plan to increase pump price of petrol – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said it has no plan to execute an increase in the pump price of Premium Motor Spirit (PMS), otherwise called petrol.

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