Tag: NMDPRA
-
Subsidy removal: We’ll ensure smooth transition – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working with NNPC Ltd. and other stakeholders to guarantee a smooth transition following the removal of fuel subsidy. Recalled President Bola Tinubu, in his inaugural speech on Monday, said the fuel subsidy regime
-
NNPCL nabs suspected thieves with over 600 barrels of crude oil
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has intercepted an illegal Crude Oil Barge and arrested six suspected crude thieves in Warri, Delta State.
-
No basis for current petrol scarcity – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that there was no basis for the current scarcity and price increase of Premium Motor Spirits (PMS) across the country.
-
PENGASSAN urges FG to revoke licence of oil marketers selling above approved price
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has urged the Federal Government to revoke licences of oil marketers selling above approved pump price of Premuim Motor Spirit (PMS). PENGASSAN said the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)
-
NMDPRA seals filling stations for selling PMS above regulated price
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Osogbo, on Thursday, sealed eight filling stations in the state for allegedly selling premium motor spirit (PMS) above the government-approved pump price. NMDPRA Coordinator in Osun, Mr Kunle Adeyemo,
-
Fuel scarcity will soon be over – NMDPRA assures
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured Nigerians that the prevailing fuel crisis ravaging various parts of the country would soon disappear.
-
NMDPRA addresses report on increase in fuel pump price by FG
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Federal Government has no intention of increasing the price of Premium Motor Spirit (PMS) during the festive period. The General Manager, Corporate
-
Special Report: Real reason why Nigerians suffer unending fuel scarcity amidst abundant crude oil
Across the country, Nigerians are experiencing hardship caused by shortage in the supply of petrol, while the Federal Government consistently absolves itself of any blame and has failed to take responsibility for the shortfall. For most part of this year, with the exception of a few weeks, demand for petrol has exceeded supply in major…
-
Don’t panic, NMDPRA gives update on fuel scarcity
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough in stock. Mr Farouk Ahmed, the Chief Executive Officer, NMDPRA confirmed to NAN in Lagos on Tuesday.
-
Amid rising debt, petrol subsidy bill rises to N525.71 billion last month
Amid rising debt, petrol subsidy bill has risen by 17.1 per cent to N525.71 billion last month. This was disclosed in the subsidy bill figures picked by the Federal Government and made available by the Nigerian National Petroleum Company Limited (NNPCL) NNPC. According to the figures, the government has paid N2.568 trillion as subsidies between…