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Petroleum Products Pricing Regulatory Agency
The House of Representatives has resolved to conduct an investigative hearing on the decision of the Nigerian National Petroleum Corporation (NNPC) to shut down operations at the Warri Refining and Petrochemical Company.
The Petroleum Products Pricing Regulatory Agency, PPPRA, has declared that its publication of monthly template, does not amount to increasing the price of petroleum products, as such increase is supposed to be determined by market forces, under the current deregulation.
This is coming as a reaction to the Petroleum Products Pricing Regulatory Agency, PPPRA fixing the pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March on Thursday.
The pump price of petrol may hit N212.61 per litre any time from now, if the authorities approve the latest price guide set by the Petroleum Products Pricing Regulatory Agency (PPPRA).
The office of the Auditor-General for the Federation (AuGF) has expressed concerns over irregularities and weaknesses in financial regulations across ministries, departments and agencies (MDAs) of government, especially in the disbursement and utilisation of public funds.
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, has asked Nigerians to ready to endure the pain of another hike in the price of premium motor spirit, popularly called petrol, even as the country is also set to benefit from the rise in price of crude oil in the international market.
President Muhammadu Buhari has expressed deep condolences and sympathy over the demise of Hajiya Mairo Sa’idu Daura, wife of the Emir’s late older brother and a respected lady who worked for the welfare of the community.
The Federal Government is considering a 20 percent hike in the cost of freighting petrol across the country, as part of measures to boost the revenue of transport owners.
The Petroleum Products Pricing Regulatory Agency (PPPRA) says Nigeria’s domestic consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has exceeded one million Metric Tonnes (MT) in 2020.
The Federal Government has inaugurated a Technical Committee for the monitoring of Premium Motor Spirit (PMS) price framework in the country.
The Federal Government and Organised Labour will meet this evening over the recent hike in pump price of Premium Motor Spirit, PMS, commonly known as petrol that shocked Labour leaders and Nigerians in the wake of tension created by the September increment.
The Trade Union Congress (TUC) has accused the federal government of reneging on the agreement reached with the organised labour a few weeks ago with regards to the hike in electricity tariff and pump price of petrol.
The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, disclosed that N8.9 trillion was spent on fuel subsidy by the Federal Government, mainly by previous administrations, between 2006 and 2015.
Nigeria Liquefied Petroleum Gas Association, NLPGA, has kicked against moves by the Petroleum Products Pricing Regulatory Agency, PPPRA, to impose administrative levy, despite the deregulation of the LPG sector.
The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import.
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.
Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, disclosed that the Federal Government was not currently capable, financially, to pay the subsidy.
Senate President, Ahmed Lawan, and the governor of Lagos State, Babajide Sanwo-Olu, were on Wednesday in Abuja presented with the Honourary Fellowship Award of the Nigerian Institution of Surveyors (NIS) alongside a former Minister of Defence, Brig-General Mansur Dan-Ali (rtd) and the Emir of Nasarawa, HRH Alh. Ibrahim Usman Jibril, at the institution’s 2021 investiture ceremony.
Academic Staff from public institutions across the country have so far accessed over N120 billion for training, within and outside Nigeria, from the Tertiary Education Trust Fund (TETFund) since its inception in 2008.
The Gombe State Government has approved the sum of N1.499 billion for the supply and installation of biometric attendance system to check payroll fraud in the state’s civil service.
The national caretaker/extraordinary convention planning committee (CECPC) of the ruling All Progressives Congress (APC) has disowned a zoning arrangement list in circulation on the social media.
Rome’s Stadio Olimpico has been “fully confirmed” as a venue for Euro 2020 matches after the Italian government guaranteed the presence of at least 25 per cent of fans, UEFA announced on Wednesday.
Rangers manager Steven Gerrard has heaped plaudits on Leon Balogun after the defender extended his contract with the club.
Jordan’s King Abdullah II and his half-brother Prince Hamzah bin Al Hussein have made their first joint public appearance since a palace feud last week.
Delta State Attorney-General and Commissioner for Justice, Mr Peter Adogbejire Mrakpor, has been confirmed as President, Chartered Institute of Information and Strategy Management for the next four years.
The Senate, on Tuesday, upon resumption from its two weeks recess, adjourned plenary till Wednesday, 14th March, 2021, over the recent death of two members of the National Assembly.
Mozambique is sending a medical team to identify the bodies of 12 people beheaded during an Islamic State attack last month on the northern gas exploration hub of Palma, an army spokesperson said.