Peter Obi congratulates the Nigerian National Petroleum Corporation (NNPC) for revamping the Port Harcourt and Kaduna refineries, boosting Nigeria's crude oil refining capacity. He calls for transparency in NNPC operations to ensure the benefits reach all Nigerians and reduce economic burdens...
NNPC has denied importing adulterated petrol, responding to allegations amid protests over recent price hikes. The company, led by Mele Kyari, reaffirmed its commitment to quality standards and clarified that the GCEO is not responsible for fuel price increases, which have surged significantly...
The Dangote Petroleum Refinery clarified it hasn't received payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) for petrol sales. The refinery stated that no approval from the Nigerian National Petroleum Corporation (NNPC) exists for such transactions, emphasizing...
The Nigerian National Petroleum Company (NNPC) has increased petrol prices, now N1,025 per liter in Lagos and N1,050 in Abuja. This rise follows previous increases and reflects ongoing economic pressures.
The Nigerian National Petroleum Company (NNPC) Limited has increased the price of premium...
The Nigerian National Petroleum Company (NNPC) will sell petrol to the Independent Petroleum Marketers Association of Nigeria (IPMAN) at N995 per litre. This agreement, facilitated by the Department of State Services, aims to resolve pricing disputes and reduce fuel costs, addressing ongoing...
IPMAN highlights a N15 billion debt owed by NNPCL, impacting petroleum supply to marketers. Calls for direct sourcing from Dangote Refinery aim to alleviate pressure amid ongoing fuel shortages across Nigeria.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised alarm...
Bobrisky has sparked reactions on social media after commenting on Nigeria's rising fuel prices, currently at N1,065 per liter. He expressed frustration over being blamed for the country's issues, leading to a mix of humorous and critical responses from users who feel he is part of the broader...
Fuel prices in Nigeria have surged to N1,030 per litre at NNPC outlets in Abuja, following the termination of an exclusive purchase agreement with Dangote Refinery. This shift allows other marketers to negotiate prices directly, sparking frustration among motorists amid ongoing economic...
The Nigerian National Petroleum Company Limited (NNPC) ended its exclusive purchasing agreement with Dangote Refinery, allowing other fuel marketers to buy petrol directly. This move aims to enhance market competition, improve supply chain stability, and provide consumers with better pricing...
Chief Afe Babalola has urged the Nigerian National Petroleum Company to allow Dangote Refinery to sell petrol directly to consumers at lower rates, promoting competition and benefiting Nigerians. He received the “Outstanding Achiever of All Time” award from the Ekiti-Kete Coalition in the U.S...
The Nigerian National Petroleum Company Limited (NNPCL) has authorized major marketers to lift petrol from Dangote Refinery, but independent marketers remain excluded. The new arrangement raises concerns over pricing and access, prompting calls for more transparency and an open market for all...
The Nigerian National Petroleum Company Limited (NNPCL) has announced petrol prices for September 2024, sourced from Dangote Refinery. Prices will vary across Nigeria, with Lagos at N950.22 per litre and Borno at N1,019.22. NNPCL will pay in dollars for September, switching to Naira in October...
The National Industrial Court has ordered NNPC to pay N629 million to Dr. Williams for wrongful dismissal. Williams was dismissed in 2018, but the court ruled NNPC did not follow fair labor procedures. The judgment includes unpaid salaries, damages, and legal costs, highlighting procedural...
The Nigerian National Petroleum Company (NNPC) has denied claims of being the sole distributor for Dangote Refinery. Refuting allegations from MURIC, NNPC clarified that product pricing is determined by global market forces, and Dangote Refinery remains free to sell to any marketer in a...
Dangote Group has clarified that NNPC has not yet lifted petrol from its refinery, disputing claims made in a recent article. The company emphasized that no contracts have been finalized and reiterated that petrol pricing is regulated by government authorities, assuring the public of the high...
The Manufacturers Association of Nigeria warns that the recent petrol price hike from ₦568 to ₦855 per litre may lead to rising inflation, increasing costs for transportation and goods. This could particularly impact small and medium-sized enterprises, reducing consumer demand and threatening...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.