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The Petroleum Products Pricing Regulatory Agency (PPPRA), Monday said it is engaging with the Central Bank of Nigeria (CBN) on ways to make foreign exchange accessible to private oil marketing companies seeking to import Premium Motor Spirit (PMS), also known as petrol, and other petroleum products.
Amid fears of declining global demand of petroleum, the Petroleum Products Pricing Regulatory Agency has assured Nigerians of sufficient time products.
Amid declining global demand of petroleum products worsened by the Novel Coronavirus outbreak, the Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, on Sunday assured Nigerians of sufficient supply of needed energy to operate optimally.
The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015.
The Petroleum Products Pricing Regulatory Agency (PPPRA) has assured Nigerians of availability of petroleum products throughout the yuletide period.
A total of 21 ships carrying various products are at Apapa and Tin-Can Island Ports waiting to berth, the Nigerian Ports Authority (NPA) said in its daily publication on Thursday in Lagos.
The National Bureau of Statistics said 5.61 billion litres of premium motor spirit (PMS) was imported into the country in the second quarter of 2019.
The Nigerian Ports Authority (NPA) on Friday said it was expecting 27 ships to sail into Apapa and Tin Can Ports with petroleum products, food and other goods, from Jan. 18 to Feb. 2.
A study carried out on the operational status of the over 5,000 kilometres of pipeline network belonging to the Nigerian National Petroleum Corporation (NNPC) across the country, has revealed that the pipeline network would need $12 billion to be replaced or $1.1 billion to be fixed.
The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over $7.5 billion through import substitution.
Experts, on Wednesday, called on the Federal Government to urgently revamp the nation’s refineries and create an enabling environment for private investment in refineries to curb the rising importation of petroleum products.
The National Bureau of Statistics (NBS), said that 4.79 billion litres of Premium Motor Spirits (PMS) was imported into the country in the second quarter.
A total of 19 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Aug. 14 to Aug. 28.
A total 27 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos from Aug. 7 to Aug. 21.
The All Progressives Congress (APC) has assured that the pump price of petroleum products would not be increased in the new future.
Liverpool owner John W Henry has taken full responsibility for the club's short-lived participation in the European Super League.
Plans for the European Super League fell further into crisis late Tuesday, with all six English clubs announcing they were turning away from their involvement in the controversial project.
The Ondo State Governor, Mr. Oluwatotimi Akeredolu, yesterday declared that there was ‘no victor and no vanquished,’ as the Election Petition Tribunal, that looked into complaints that emanated from the October 10, 2020 gubernatorial election in the state, dismissed the petition of the Peoples Democratic Party (PDP) and its candidate Mr. Eyitayo Jegede (SAN).
The minister of state for education, Chukwuemeka Nwajiuba, says the federal government will not stop school activities, despite the attacks on learning institutions across the country.
Hong Kong media tycoon Jimmy Lai was sentenced to 14 months in prison while nine other activists received jail time or suspended sentences on Friday for taking part in unauthorised assemblies during mass pro-democracy protests in 2019.
The Judiciary Staff Union of Nigeria (JUSUN) on Monday commenced its nationwide protest over financial autonomy of the Judiciary.
The chairmanship and councillorship elections holding in Rivers State on Saturday, April 17, 2021, is currently witnessing a hitch due to late arrival of electoral materials.
Former Inspector General of Police and former Chairman Police Service Commission, Mike Okiro, has alleged that his ethnic nationality, Egbema, was being marginalised and relegated in the scheme of things.
After successfully arriving Ghana on a boat through the dangerous waters of the River Volta in Ada, not less than nine suspected Nigerian jail breakers met their waterloo in a Ghanaian motor park on Sunday.