Shettima, Ribadu, Kyari Meet Over Fuel Price Hike Vice-President Kashim Shettima has summoned the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and the Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, to Aso Rock. The National Security Adviser,...

Dangote Denies Fixing PMS Pump Price at N897 Per Litre The Dangote Group has denied reports that the Nigerian National Petroleum Company Limited, NNPCL, has started lifting fuel from its refinery. It was reported that NNPCL lifted petrol from Dangote Refinery and sold it for N897...

Fuel Price Hike Cripples Business Activities in Abuja By Salim Yunusa The Utako district in Abuja Municipal Area Council, typically a bustling suburb, was eerily deserted on Thursday afternoon due to the worsening fuel scarcity and recent price hike. The price of Premium Motor Spirit, also known...

NNPCL Supplied 30m Barrels of Crude to Dangote Refinery  The Nigerian National Petroleum Company Limited has announced that it has supplied 30 million barrels of crude oil to the Dangote oil refinery, with plans to provide an additional 17 million barrels soon. The Executive Vice President...

Fuel Hike: Market Forces will Now Dictate Prices - NNPCL Official The Executive Vice President of Nigerian National Petroleum Company Limited (Downstream), Adedapo Segun, has emphasised the need for a perfectly competitive market to ensure stable fuel prices and supply in Nigeria. He expressed concern that...

TUC Condemns Fuel Price Hike, Demands Reversal The Trade Union Congress of Nigeria, TUC, has expressed shock and dismay over Tuesday’s hike in the pump price of the Premium Motor Spirit, PMS, commonly known as Petrol, demanding its immediate reversal by the Federal Government. TUC in...