Breaking: Warri Refinery Commences Operations, President Tinubu Hails NNPCL
Following the commencement of operations at the Warri refinery, President Bola Tinubu has commended NNPCL for this breakthrough in petrochemical industry
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NNPCL Announces Reduction in Fuel Price
The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol.
Holiday Bonanza: Dangote Reduces Petrol Price
Dangote Petroleum Refinery has announced a reduction in the price of its Premium Motor Spirit (PMS) product to below N900 per litre.
President Tinubu Celebrates Revival Of PH Refinery, Directs NNPCL To Promptly Renovate Warri, Kaduna Refineries
President Bola Tinubu has celebrated the revival of Port Harcourt Refinery, and called on the NNPCL to promptly renovate both Warri and Kaduna Refineries.
Breaking: Port Harcourt Refinery Commences Operation
The Port Harcourt Refinery which Nigerians have been waiting for to commence production, has taken off on Tuesday, November 26, 2024.
Downstream Deregulation: Between Obasanjo’s Half-Measures And Tinubu’s Bold Leadership- By Temitope Ajayi
A video of former President Olusegun Obasanjo’s interview with News Central Television has been trending on social media platforms for the past week. In the interview, the former President, in a veiled reference to the current administration, said Nigeria has a President who came into office without a plan. Yet, the same ‘planless’ president is…
FG Halts Export Of Cooking Gas, To Prioritize Local Consnumption
The Federal Government has halted the export of domestically produced cooking gas, in order to prioritize supply for local consumption, with effect from November 1, 2024. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo who made this announcement on Tuesday, said the measure aimed at easing the escalating costs of gas in the…
Reverse sudden fuel price increase, Peter Obi tells FG
The former Anambra Governor and 2023 presidential candidate of Labour Party (LP), Peter Obi has called on the Federal government to reverse the sudden fuel price increase in Nigeria. Obi, why reacting to the current hike in fuel price, took to his official social media (X) handle to share his thoughts on the subject matter….
States Don’t Have Constitutional Power To Shut Down Mining Operations- Minister Of Solid Minerals, Dele Alake Warns State Governors
The Minister of Solid Minerals Development, Dele Alake, has cautioned state governments about shutting down mining operations, emphasizing that they do not possess the constitutional power to undertake such actions. Alake stressed that mining activities are solely under the jurisdiction of the Federal Government, and that no state has the power to intervene in any…
BREAKING: NNPC Ltd Moves to Revive Brass, Olokola LNG Projects
In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, the Nigeria National Petroleum Corporation Limited (NNPCL) has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd.’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the…
Major marketers begin lifting petrol from Dangote Refinery
The Nigerian National Petroleum Company Limited NNPCL) has authorised major petroleum marketers to commence lifting premium motor spirit, PMDS, otherwise known as petrol, from Dangote Petroleum Refinery under the existing agreement between it and the refinery. The initial agreement stated that NNPCL is the sole distributor of the refinery’s petrol with the first batch of…
Official: NNPCL Releases Estimated Pump Prices of Petrol from Dangote Refinery Based on September 2024 Pricing
NNPCLtd Releases Estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. The NNPC Ltd also wishes to state that, in line with the…
Subsidy removal not cause of hike in price of petrol, TUC President, Festus Osifo reveals cause
Subsidy remove not cause of hike in price of petrol, TUC President, Festus Osifo reveals cause The President of the Trade Union Congress (TUC), Festus Osifo, has clarified that the recent surge in fuel prices in Nigeria is largely due to the devaluation of the naira, not the removal of the fuel subsidy. During an…