The Northern Independent Petroleum Marketers Forum said its members would embark on a strike if the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) refused to...
Nigeria’s average daily petrol consumption has dropped by 28% since President Bola Tinubu announced the removal of the costly fuel subsidy at the end of May,...
Nigerian oil marketers have stated that the pump price of petrol could rise above N700 per litre in the northern region of the country starting from...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has granted oil marketers in the country the licence to import petrol. This was made known at...
President Bola Tinubu met with executives from ExxonMobil on Thursday vowing to ensure transparency despite accusations that the oil company illegally lifted petroleum from Nigeria. Tinubu...
The Federal Government says it is considering how best to achieve fuel subsidy removal without disrupting livelihoods in Nigeria. Amb. Gabriel Aduda, Permanent Secretary, Ministry of...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that daily fuel...
The Federal Government has threatened to sanction any fuel stations or depot selling above the stipulated approved pump price of Premium Motor Spirit (PMS). The threat...
The Nigerian National Petroleum Corporation (NNPC) has assured residents of Abuja of sufficient supply of petroleum products, noting that, the scarcity is due to low loadouts....
The Federal Government says it will deal decisively and sanction any depot owner caught selling petroleum products beyond the approved ex-depot price in the country. Timipre...