Deregulation: Monthly Fuel Consumption Declines By 18.5million Litres   The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres, the Federal Government has said. It was, however, observed that after the removal...

Oil Marketers Demand Release Of N30.96trn Fuel From NNPCL   As the Nigerian National Petroleum Company Limited (NNPCL) hands-off the monopoly of petrol importation, petroleum marketers have demanded immediate release of their outstanding supplies of Premium Motor Spirit otherwise known as petrol worth N30.96 trillion by...

Polls Controversy: Fuel Hits N300/litre As Marketers Halt Loading   Oil marketers, on Tuesday, said many depots had stopped loading Premium Motor Spirit, popularly called petrol, due to the apprehension caused by the collation of results of the general elections across the country. It was also gathered...

Petrol: Queues May Return As NNPCL Depots Run Low   Fuel queues may to filling stations soon if the Nigerian National Petroleum Company Limited (NNPCL) does not ramp up importation and beef up petrol supplies across the country. Top oil marketers told our correspondent on Sunday that...

Petrol Price: Major Marketers Adjust Meter, Sell At N185/Litre   Major oil marketers, yesterday, adjusted the price of petrol to N185 per litre, from N169 per litre, in all parts of Nigeria. Despite the expectation that the new price would encourage supply to ease out shortage, checks...

Fuel: Mass Supply Begins In Lagos, Three Others In January   A special joint arrangement by the Nigerian National Petroleum Company Limited and 30,000-member independent petroleum marketers will lead to mass supplies of Premium Motor Spirit, popularly called petrol in Lagos, Calabar, Port Harcourt and Ogara...