Tag: NNPC
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BREAKING! NNPC formally announces increase in fuel price
The Nigerian National Petroleum Company (NNPC) Limited has set the price of Premium Motor Spirit (PMS), also referred to as fuel or Petrol , at between N488 and N555 per litre at its highest point. This is coming barely three days after President Bola Tinubu announced an end to removal of fuel subsidy in Nigeria.…
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Kyari meets Tinubu, gives update on removal of subsidy
The Nigerian National Petroleum Company Limited (NNPC Ltd) has assured Nigerians that fuel queues in filling stations, following the affirmation of the removal of subsidy, will soon vanished. Malam Mele Kyari, the Group Chief Executive Officer (GCEO), briefed State House
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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
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How Warri grew from bad to worse – By Emeka Obiora
Warri was a big industrial hub in the 70s to 90s. Warri Refinery, NNPC, DSC, Delta Glass, Shell, Chevron, Schlumberger, Dunlop, Agip, Saipem, Halliburton, etc were in full operation back then. Escravos and Forcados was at its peak. The city thrived, maritime activities thrived.
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NNPC has 1.8bn litres of petrol in stock – Spokesman
The Nigerian National Petroleum Company Ltd., (NNPC Ltd.) says it has 1.805 billion litres of petrol in stock. Its spokesman, Malam Garbadeen Muhammad, stated in Abuja on Monday that the volume of petrol in stock would last for 30 days.
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NNPC Ltd. to begin oil drilling in Nasarawa State March 21
The Nigeria National Petroleum Company Limited (NNPC Ltd) will begin drilling of the first oil well in Obi/Keana Nasarawa State on March 21.
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What we are waiting for to start selling fuel at N195 per litre – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has disclosed its members are still expecting the arrangements being made by the Nigerian National Petroleum Company Limited (NNPCL) for independent marketers to lift fuel at N172 so that they can start selling at N195 per litre.
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Fuel Scarcity: Queues ease as NNPC, Matrix Energy begin massive supply in Delta, Edo, other
The perennial queues occasioned by the non-availability of the Premium Motor Spirit (PMS) also known as fuel in Warri, Effurun and other parts of Delta State has started phasing out following recent mass supply of the product to marketers in the State.
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NNPC begins direct supply to IPMAN
The Nigerian National Petroleum Company Limited (NNPCL) has allocated petrol to marketers directly to ease scarcity. The Independent Petroleum Marketers Association of Nigeria (IPMAN) made the disclosure on Tuesday. The President, Chinedu Okoronkwo said the order was issued after a closed-door meeting of both parties. It was agreed that IPMAN members should load petrol at…
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NNPC reveals how petrol is smuggled by marine vessels to neighbouring countries
The Nigerian National Petroleum Company Limited has revealed how Premium Motor Spirit (PMS), popularly called petrol, is being smuggled by trucks and marine vessels to neighbouring countries. In the words of NNPC Group Chief Executive Officer, Mele Kyari: “One thing that is also very practical is that Nigeria’s fuel is smuggled to other countries. This…