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Petroleum Products Marketing Company

Petroleum marketers increase petrol price to N170 per litre

Petroleum marketers are beginning to adjust the pump price of petrol to N170 per litre from between N161 and N165, according to a report.
Nigerian National Petroleum Corporation (NNPC)

NNPC declares N13.43 billion trading surplus for November 2020

The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020.
Nigerian National Petroleum Corporation (NNPC)

NNPC: N2.15 trillion worth of petrol consumed in 13 months

The Nigerian National Petroleum Corporation (NNPC) has reported that it sold N2.015 trillion worth of petrol from November 2019 to November, 2020.

NNPC records 54% increase in trading surplus for November

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N13.43billion for the month of November 2020 up by 54% when compared to the N8.71billion surplus recorded in October 2020.
Nigerian National Petroleum Corporation (NNPC)

NNPC makes N1.9 trillion from petroleum products sales in 12 months

The Nigerian National Petroleum Corporation (NNPC) Thursday disclosed that it generated N1.95 trillion from the sales of petroleum products in 12 months, from October 2019 to October 2020.
Nigerian National Petroleum Corporation (NNPC)

NNPC records 92% increase in sales of petroleum products in October

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020.

Petrol to sell for N162.44 per litre as from December 14

The Federal Government has reduced the pump price of premium motor spirit (petrol) from N168 per litre to N162.44 per litre effective from December 14, 2020.
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Nigerian government reduces price of petrol to N162.44 per litre

The Federal Government has reduced the pump price of premium motor spirit otherwise know as petrol from N168 per litre to N162.44 per litre effective from December 14, 2020.
Nigeria Labour Congress (NLC)

NLC: Nigerian government must make refineries work before fixing price of petrol

Organised labour has kicked against the decision of the Federal Government to continue to fix the price of petroleum products in the country.
Nigerian National Petroleum Corporation (NNPC)

NNPC records drop in petrol sales revenue after hike

The revenue from petrol sold by the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has dropped in the first two consecutive months of price hike.

NLC wants state of emergency in downstream sector

The Nigeria Labour Congress (NLC) has called for the reversal of the hike in fuel price announced last week by the government, saying the hike has worsened the misery of Nigerians.
The Independent Petroleum Marketers Association of Nigeria, IPMAN has appealed to the Federal Government to stay action on the implementation of the new ex-depot price.

IPMAN: Why some filling stations in Lagos are not selling fuel

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday said that filling stations in Lagos were not selling fuel because of the uncertainty of the new pump price.
The Independent Petroleum Marketers Association of Nigeria, IPMAN has appealed to the Federal Government to stay action on the implementation of the new ex-depot price.

IPMAN urges Nigerian government to stay action on new petrol price, holds emergency meeting

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has appealed to the Federal Government to stay action on the implementation of the new ex-depot price.

NNPC raises petrol depot price, marketers to sell at N168-N170 per litre

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Forex, uncertainty responsible for lack of fuel import by marketers

The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import.

Catholic archbishops ask Nigerian government to reverse new electricity tariff, fuel price

Senior Catholic archbishops have asked the Federal Government to reverse the latest increment in the prices of petrol and electricity.

Joe Okei-Odumakin: Fuel, electricity hike’ll worsen hardship

President, Centre for Change and Women Arise, Dr. Joe Okei-Odumakin, has faulted the increase in electricity tariff and petrol price would worsen hardship.
Petrol prices in France have dropped again this week, with an official price of €1.4028 per litre of diesel, as crude oil supplies continue to be affected by uncertainty over the new coronavirus epidemic.

Protest hits Osogbo over electricity tariff, fuel hike

Members of the Coalition for Civil Societies in Osun State Friday morning protested against the hike in electricity tariff and petrol price.

TUC, others reject new fuel price, as petrol stations adjust pump

Petrol stations across the country, yesterday, adjusted their pumps to reflect the hike in the ex-depot price of the Premium Motor Spirit, PMS, by the Petroleum Products Marketing Company, PPMC, with some of the stations raising the price to as high as N161 per litre.

Motorists, commuters groan as petrol sells for N164 per litre

Vehicle owners and commuters in Lagos on Thursday decried the increment in pump price of Premium Motor Spirit, also known as petrol, following the new ex-depot price announced by Petroleum Products Marketing Company.
Ekiti State Governor, Mr. Ayodele Fayose

Former Ekiti governor bemoans increase in petrol price

Former Ekiti State Governor, Mr Ayodele Fayose, on Wednesday, bemoaned the increase in the pump price of premium motor spirit otherwise known as petrol to N151.56 per litre.

South-West IPMAN directs members to sell fuel at N150 per litre

The South West chapter of Independent Petroleum Marketers Association of Nigeria has directed all its members in the zone to henceforth, increase the pump price of Premium Motor Spirit, otherwise known as petroleum to N150 per litre.

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ActionAid Nigeria (AAN)

ActionAid, ASCAB raise concerns over worsening insecurity

Some civil society groups have raised concerns about spike in criminal activities ranging from armed banditry, abductions and killings, especially in the northern and central parts of the country.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has launched a national tour of the six geo-political zones to sensitise the nation, especially taxpayers, on the 2019 Finance Act.

FIRS targets N5.9 trillion tax, other revenue collection for 2021

Its Chairman, Muhammad Nami, announced the anticipation in Abuja on Thursday while defending the Service’s 2021 budget before the House of Representatives Committee on Finance.
The Delta State Commissioner of Police, CP Ari Muhammed Ali, has disclosed that kidnap suspects who sustained fatal injuries during an exchange of gunfire with a team of Rapid Response Squad, RRS Operatives in Asaba have died.

Delta CP: Two ‘kidnappers’ die after exchange of gunfire with police

The Delta State Commissioner of Police, CP Ari Muhammed Ali, has disclosed that kidnap suspects who sustained fatal injuries during an exchange of gunfire with a team of Rapid Response Squad, RRS Operatives in Asaba have died.

Nigerian national sentenced to death for drug trafficking in Vietnam

A 45-year-old Nigerian has been sentenced to death for trafficking nearly four kilograms of methamphetamine from Cambodia to Vietnam

Life expectancy in Nigeria now 54 years – doctors

Harsh living conditions in Nigeria have now put life expectancy at 54 years, the Association of General and Private Medical Practitioners of Nigeria (AGMPN) has said.

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Walter Kazadi Mulombo, WHO representative in Nigeria, told a briefing by video link that Nigeria was expecting 14 million doses in total.

WHO: Nigeria expects first four million coronavirus vaccine doses from COVAX next week

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The Kano State government shut Harbau Tsangaya Model Boarding Primary School in Tsanyawa local government area of the state on Tuesday because of insecurity.

Kano government shuts 17th school, a boarding primary school, because of insecurity

The Kano State government shut Harbau Tsangaya Model Boarding Primary School in Tsanyawa local government area of the state on Tuesday because of insecurity.
Wilfred Ndidi and Kelechi Iheanacho were on parade in Leicester City’s 1-0 loss against Norwich City in Friday’s Premier League game.

Leicester boss explains Kelechi Iheanacho substitution in draw vs Burnley

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Twitter is looking into adding subscription options to become less dependent on targeted ads, Bloomberg reported Monday. Several teams are apparently in the early stages of researching different approaches.

Twitter opens its audio chat room Spaces to Android users

Twitter introduced a limited version of the Clubhouse competitor on iOS in January. While any users of Twitter’s iOS app can join and listen to Spaces, only a few can host them at the moment.
A Christian cleric, Bulus Yikura, who was kidnapped by Boko Haram, has been freed.

Boko Haram terrorists free kidnapped pastor

A Christian cleric, Bulus Yikura, who was kidnapped by Boko Haram, has been freed.