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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: Previous administrations spent N8.9 trillion on subsidy in 10 years

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.
Mele Kyari,

Cabal hijacked fuel subsidy regime – NNPC chief

Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has said that over N10 trillion was spent on fuel subsidy between 2006 and 2020 without a significant impact on the masses.
Nigerian National Petroleum Corporation (NNPC)

NNPC trading surplus rises by 860% to N20.4 billion in one month

The Nigerian National Petroleum Corporation, NNPC, Thursday, announced a trading surplus of N20.36 billion in July 2020, rising by 860 per cent from a surplus of N2.12 billion recorded in June.
Nigerian National Petroleum Corporation (NNPC)

NNPC to setup CNG refilling plants nationwide

The CNG (methane stored at high pressure) is a fuel that can be used in place of gasoline, diesel fuel and liquefied petroleum gas (LPG) and its combustion produces fewer undesirable gases than the aforementioned fuels.
A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS-Afolabi Sotunde

Economist: Nigeria’s petroleum subsidy removal will unlock country’s economic prospects

An economist, Mr Okechukwu Unegbu, says the Federal Government’s removal of petroleum subsidy will unlock the country’s economic prospect.
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.
Worried by the rise in banditry in parts of the state in the last two months, Niger State Governor Abubakar Sani Bello has declared an all-out war on the armed criminals terrorising the state.

Niger governor commiserates with victims of tanker explosion

Governor Abubakar Sani Bello has commiserated with the victims of tanker explosion in Lambata, Gurara Local Government Area where houses, shops and vehicles were destroyed.

Petrol price in Nigeria one of the cheapest in Africa – ministers

Mohammed was joined at the briefing by the Minister of Power, Sale Mamman, and the Minister of State for Petroleum Resources, Timipre Sylva.
A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS-Afolabi Sotunde

SSANU: Fuel, electricity hike’ll increase Nigerians’ hardship

The Senior Staff Association of Nigerian Universities (SSANU), Monday, warned that except the Federal Government addresses the recent hike in fuel and electricity tariff, the non-teaching staff in collaboration with the Nigeria Labour Congress (NLC), would engage the government in a peaceful protest across the nation, with a view to forcing the government to rescind its decision.
President Muhammadu Buhari on Sunday said the federal government will provide relief materials for residents of Lagos and Abuja whom he ordered to stay-at-home as part of measures to curb the spread of the coronavirus.

President Buhari: It’ll be dangerous to go back to fuel subsidy era

President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.
Following the hike in the pump price of Premium Motor Spirit (PMS) popularly known as Petrol and electricity tariff by the Federal Government, residents in Osogbo on Friday protested the decision describing it as ‘share wickedness’.

Groups protest fuel, electricity tariff hike in Osun

Following the hike in the pump price of Premium Motor Spirit (PMS) popularly known as Petrol and electricity tariff by the Federal Government, residents in Osogbo on Friday protested the decision describing it as ‘share wickedness’.

Oil marketers list gains of fuel deregulation to Nigerians

The Major Oil Marketers Association of Nigeria (MOMAN) says the deregulation of the sale of Premium Motor Spirit (PMS), also known as petrol, will be beneficial to Nigeria and Nigerians in the long run.

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.
Nigeria Labour Congress (NLC)

NLC rejects hike in fuel price as marketers sell for N161

The Nigeria Labour Congress has rejected the increase in price of Premium Motor Spirit, also known as petrol, from N148.50 per liter to N151.56 per litre.

PPMC: Petrol price now N151.56 per litre

The price of petrol has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC.

SON destroys N450 million substandard LPG cylinders, roofing sheets

Its Director, Inspectorate and Compliance Directorate, Obiora Manafa, said at the destruction of the products in Lagos, that the affected commodities were classified as life-endangering and unfit for consumption.

Tanker accident kills one in Lagos

A female adult has reportedly died, in Mile 2 area of Lagos, Friday, during a lone accident involving a tanker.

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Plateau teachers decry non-implementation of new minimum wage

The Nigerian Union of Teachers (NUT), Jos East Chapter, on Wednesday decried the non-implementations of the new minimum wage in the state.
The newly inaugurated Primate of the Church of Nigeria, Anglican Communion-Bishop of Abuja, the Most Reverend Henry C. Ndukuba today in Abuja admonished the faithful to observe the health experts advice in order to curb the spread of Coronavirus .

Anglican Primate wants programmes to cushion hike in petrol, electricity tariff

The Primate, Church of Nigeria, Most Rev. Henry Ndukuba, on Wednesday called on the Federal Government to urgently come up with programmes to cushion the effects of the hike in petrol prices and electricity tariff on citizens.

PDP calls for articulate strategies to mitigate flood

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California Governor Gavin Newsom adjusts his mask while speaking to reporters at Miss Ollie”s restaurant amid the coronavirus pandemic in Oakland, California, the US [Jeff Chiu-Pool via AP Photo]

California vows to ban sale of new petrol vehicles in 2035

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The suspended National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, says he has accepted the Appeal court’s verdict which upheld his suspension.

Comrade Oshiomhole breaks silence on Edo election

Former National Chairman of the All Progressives Congress, Adams Oshiomhole, says he is not downcast even though his party lost the just concluded governorship election in Edo State.