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...
In response to recent media reports suggesting a potential surge in petrol prices to N1,200/litre, the Nigerian National Petroleum Company (NNPC) has moved to allay public concerns.
Chief Corporate Communications Officer Olufemi Soneye stated unequivocally on Wednesday that there are no...
The Nigerian National Petroleum Company Limited (NNPCL) and fuel marketers, represented by the Independent Petroleum Marketers Association of Nigeria, are entangled in a new dispute over the removal of petrol subsidies.
The clash comes amidst the depreciation of the naira against the U.S...
The pump price of petrol in Nigeria is about to go up as the landing cost has exceeded N145 per litre, the top peg of the product put in place by the NNPC.
Oil marketers are struggling with the situation and at the moment, 90% of the fuel at depots are imported by the NNPC.
“If you collect...
Nigerian National Petroleum Corporation (NNPC) on Tuesday said N145 price of Premium Motor Spirit (PMS), popularly known as petrol, has not been increased.
The Group General Manager, Group Public Affairs Division, Garba Deen Muhammad, made the statement in Abuja on Tuesday at a news briefing...
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Following the scarcity of petrol on Monday across the country, illegal hawkers of the commodity on the black markets resurfaced in parts of Lagos, Abuja and other cities, selling the product for between N200 and N300 per litre to desperate motorists and other users.
According to Guardian, the...
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