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IPMAN: Petrol price may rise to N195 per litre

Members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, have advised Nigerians to expect a higher petrol pump price in the coming days, saying the price may rise to N195 per litre.
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.
The House of Representatives on Tuesday reprimanded the Minister of Foreign Affairs, for the continuing maltreatment of Nigerians in the Diaspora.

House of Reps insists on investigating ‘financial mismanagement’ in NNPC pensions, refineries

The House of Representatives has stated its resolve to investigate alleged financial mismanagement in the Nigerian National Petroleum Corporation (NNPC) and 17 other subsidiary agencies.
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.
MTV Base has postponed the 2021 MTV Africa Music Awards (MAMA) Kampala 2021 Music Awards.

MAMA Kampala 2021 postponed over coronavirus

This, according to the organizers, is due to the concerns they have about the current health and safety challenges both on the continent and globally that significantly jeopardizes the ability of the campaign to continue to achieve its objectives.
The Federal Government on Monday resumed its meeting with the organised Labour over the issues of increases in the pump price of petrol and electricity tariff hike.

Nigerian government, labour adjourn talks on fuel price, electricity tariff hike to February 22

The federal government and organised labour will reconvene on February 22, 2021 for the consideration of the reports of their bipartite technical committees on fuel price and electricity tariff.
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.
Worried by the continued gridlock and other traffic challenges in and within the Apapa Port, the House of Representatives yesterday resolved to investigate an alleged extortion of truck drivers by the terminal security operatives.

Official: Presidential task team has tamed Apapa traffic gridlock

Vice-Chairman of the Presidential Task Team on the Restoration of Law and Order in Apapa Port (PTT-RLO) Kayode Opeifa has said his Team has erased traffic gridlock in Apapa.
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 inaugurates technical committee to monitor, stabilise petrol pump price

The Federal Government has inaugurated a Technical Committee for the monitoring of Premium Motor Spirit (PMS) price framework in the country.

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.
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.

Former governorship aspirant cautions Nigerian government against fuel price regulation

He said market forces should determine the appropriate price for petrol whenever the commodity is deregulated in line with the best practices so as to avoid further corruption in the oil sector.

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.

NNPC announces N153.17 ex-depot price for petrol

The Nigerian National Petroleum Corporation (NNPC) has announced N153.17 ex-depot price for Premium Motor Spirit (PMS) also known as petrol for the month of November.
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.

IPMAN directs members to sell petrol at N170 per liter

The Independent Petroleum Marketers Association of Nigeria, Kano branch has directed its members across the state to sell Premium Motor Spirit (petrol) from N168 to N170 per litre.

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.

MOMAN: Tank fire won’t disrupt fuel supply

The Major Oil Marketers Association of Nigeria has said the recent fire outbreak at the depot of one of its members, OVH Marketing Limited, will not cause product supply disruptions.

Kano IPMAN allays fear of petrol scarcity

The Independent Petroleum Marketers Association of Nigeria, IPMAN, Kano State branch has on Wednesday allayed the fear of possible petroleum products scarcity as a result of EndSARS protest which disrupted the distribution of the product.

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