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Marketers of cooking gas on Wednesday blamed its increasing prices on massive importation, causing anguish to end users.

Nigeria to generate N10 billion through increased LPG use

Managing director of Rain Oil Limited, Dr.Gabriel Ogbechie has said Nigeria would be able to generate over N10 billion ($27 million) annually if 50 per cent of kerosene users can switch to using Liquefied Petroleum Gas (LPG) or cooking gas.
The Managing Director of Rain Oil Limited, Dr. Gabriel Ogbechie, has advocated the need for the Federal Government to fully deregulate the nation’s downstream sector of the petroleum industry.

Rain Oil boss advocates full deregulation of downstream sector

The Managing Director of Rain Oil Limited, Dr. Gabriel Ogbechie, has advocated the need for the Federal Government to fully deregulate the nation’s downstream sector of the petroleum industry.
The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD).

House to conduct investigative hearing on NNPC’s decision to shut down Warri refinery

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.

CSOs kick against N212 pump price hike

Following the alleged pump price increase of Premium Motor Spirit, PMS, to N212.61, Civil Society Organisations, CSOs, at the weekend, kicked against every move to actualize that.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Minister: No petrol price increase until Nigerian government meets with labour

The federal government yesterday strongly pushed back on insinuations that it had increased the pump price of petrol from N162 to N212.61 per litre.
The National Publicity Secretary, Kola Ologbondiyan, “He is fully aware of the constitutional implication of his decision to defect to another party; which is that he cannot continue to occupy the seat of the PDP in the Senate.

PDP advises federal government against increasing pump price of petrol

The party in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja said any contemplation to increase pump price of petrol to N212 would worsen the economic and social situations of Nigerians.

Nsukka residents groan as petrol sells for N225 per litre

Some residents of Nsukka town in Nsukka Local Government Area of Enugu State have expressed concern and surprise as Premium Motor Spirit (PMS) is sold for between N220 and N225 per litre in filling stations.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Nigerian government rejects petrol price hike by agency

The Minister of States for Petroleum, Timipre Sylva, has disowned the increase in the price of petrol as announced earlier by the Petroleum Products Pricing Agency, PPPRA. Mr Sylva said neither he nor President Muhammadu...
Nigerian National Petroleum Corporation (NNPC)

NNPC: We’ve not increased price of petrol

The Nigerian National Petroleum Corporation (NNPC) says it has not increased the Ex-depot price of Premium Motor Spirit (PMS) also known as petrol.
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: Template does not amount to increasing petrol price

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.
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 pulls down fuel price template after outrage

The Petroleum Pricing Regulatory Agency (PPPRA) has pulled down the template for petrol pricing in the month of March from its website after the uproar and confusion caused by the development.
Nigerian National Petroleum Corporation (NNPC)

NNPC insists petrol depot price will not increase in March

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.

Petrol may sell for N212.61 as PPPRA releases price guide

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 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

Senate exposes differential subsidy payment of N120 billion by PPPRA

The Senate Committee on Public Account on Wednesday uncovered a differential of N120 billion in the payment of subsidy to the Independent Petroleum Marketers Association of Nigeria by the Petroleum Products Pricing Regulators in 2016.
1. President Muhammadu Buhari, on Thursday, met with the new Chairman of Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, at the State House, Abuja.

EFCC chairman testifies in court over ‘N1.4 billion subsidy fraud’

Mr Abdulrasheed Bawa, the newly-appointed Chairman of the Economic and Financial Crimes Commission (EFCC), on Wednesday appeared before an Ikeja High Court to testify as a prosecution witness in a N1.4 billion oil subsidy fraud case.

Auditor-General indicts MDAs for improper spending of N105.66 billion

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 president of Independent Petroleum Marketers Association of Nigeria (IPMAN), Engr. Sanusi Abdul Fari, has congratulated the new commander-general of the Nigeria Security and Civil Defence Corps (NSCDC), Ahmed Audi.

IPMAN hails new NSCDC chief’s appointment

The president of Independent Petroleum Marketers Association of Nigeria (IPMAN), Engr. Sanusi Abdul Fari, has congratulated the new commander-general of the Nigeria Security and Civil Defence Corps (NSCDC), Ahmed Audi.

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.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Minister: Why another hike in price of petrol is inevitable

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.
The FEC, during its first meeting of the year 2021, presided over by President Muhammadu Buhari, on Wednesday, approved the bill; Harmonized Retirement Age for Teachers Bill, 2021, to be sent to the National Assembly for its consideration and possible approval.

President Buhari condoles with Daura monarch, community over matriarch’s death

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 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.
Petrol Tankers

Nigerian government mulls fuel freight hike

The federal government indicated yesterday that it was considering an increase in petrol freight, that is, the rate of transporting commodities, goods and cargo by land, sea or air, from N7.51 per litre of the product.

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Slovan Bratislava lost its appeal Friday against exclusion from the Champions League by UEFA after players tested positive for COVID-19 in pre-game checks.

Report: UEFA approve Champions League reform to turn the competition into a ‘league’

In light of the recent announcements surrounding the formation of the European Super League, the footballing world has gone into an absolute frenzy. With fans, clubs and domestic football associations all being divided and united on various fronts, there is pure chaos everywhere.
Florentino Perez and Andrea Agnelli, presidents of Real Madrid and Juventus respectively, are the architects of the European Super League according to Diario AS.

Real Madrid, Juventus supremos the architects of the European Super League

The project has strong financial backing, including American investment funds such as JP Morgan. Their good relationship with American club owners in Europe were critical in making it what it is, especially with Malcolm Glazer of Manchester United and John Henry of Liverpool.
La Liga president Javier Tebas has claimed Manchester City will be in the Champions League next season because of the Court of Arbitration for Sport “did things badly.”

LaLiga slams Super League breakaway

Spain's LaLiga have reacted this morning to news that 12 clubs are seeking to break away and form their own Super League.
Eight students of the University of Abuja (UniAbuja), Gwagwalada, FCT, on Wednesday, received the sum of N2.2 million for undergraduate research in various disciplines.

UNIABUJA: Only universities have powers of admissions, not external body

The University of Abuja has pointedly told the Joint Admissions and Matriculation Board, JAMB, that it lacked constitutional powers to meddle in admissions into universities.
Governor Nyesom Wike on Tuesday claimed the Niger Delta Development Commission, NDDC, spent the sum of N10 billion to fight him during the 2019 governorship election.

Governor Wike tells Senator Okorocha not to give up in the face of current...

Governor Nyesom Wike of Rivers State has advised his former Imo State counterpart, Rochad Okorocha, not to look back in his quest to see a new Nigeria realised.

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NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

NECA: Political appointees causing heavy wage bill

The Director-General, Nigeria Employers’ Consultative Association, Dr Timothy Olawale, has said state governments should take a cue from the association, whose members had pledged to try to retain their workers as much as possible amid the economic downturn in the country.

Senator Okorocha’s arrest a political witch-hunt – Igbo youth group

Igbo Youths For Equity, a coalition of Igbo youth groups, has condemned Tuesday’s arrest of former Imo State governor, Rochas Okorocha by the Economic and Financial Crimes Commission, EFCC.
Tottenham Hotspur have just faced “an egg on your face” situation.

Tottenham bantered by their own sponsor in hilarious gaffe

In a lengthy article, they have detailed what the new sponsors can bring to the table –innovative colour matching technology that will be used to bring spaces throughout Tottenham Hotspur Stadium, Lilywhite House and the Training Centre to life in club colours.
FILE PHOTO - U.S. Secretary of State Antony Blinken delivers a statement as he meets with NATO Secretary General Jens Stoltenberg in Brussels, Belgium, April 14, 2021. REUTERS-Johanna Geron-Pool

U.S. imposes visa curbs on those who undermined Ugandan elections

The United States is imposing visa bans on Ugandan government officials accused of human rights violation and repressive acts that tainted the January election, putting pressure on longtime Western ally President Yoweri Museveni.

World Igbo Congress rejects Ebubeagu, urges support for ESN

The World Igbo Congress has rejected the security outfit codenamed Ebubeagu which was recently set up by governors of the South-East region.