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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.

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.

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.

Nigerians urged to resist another petrol price increase

A member of the National Executive Council of the Nigeria Labour Congress, Mr. Issa Aremu, has urged Nigerians to resist any increase in the price of Premium Motor Spirit, popularly called petrol.

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.

Federal govt reviews petrol pricing template, insists on N145 per litre

The Federal Government on Friday said it had commenced a review of the pricing template for Premium Motor Spirit, popularly known as petrol. It noted, however, that the price of the product would remain unchanged.

DPR enforces petrol pump price, seals stations in Bayelsa

The Department of Petroleum Resources in Bayelsa State on Friday sealed off some errant petrol stations in Yenagoa, the state capital, for selling above the government regulated price of N145 per litre of fuel.

NLC to picket filling stations selling above pump price

The Nigeria Labour Congress (NLC) has threatened to picket filling stations selling petroleum products above official pump prices.

Over 4500 trucks of petrol diverted in December – NNPC chief

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday said 4501 petrol trucks vanished from the Nigerian radar in December.

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