NNPC and Dangote Refinery Prepare for Inaugural Petrol Loading In a significant move poised to reshape Nigeria's oil landscape, NNPC Ltd. is ramping up operations in anticipation of the much-anticipated petrol loading from the Dangote Refinery on Sunday, September 15, 2024. Situated in Ibeju-Lekki, this...

Dangote Refinery Begins Fuel Distribution Tomorrow – FG The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Dangote Refinery will begin the distribution of Premium Motor Spirit (PMS) on Sunday. Edun, who was represented by the Executive Chairman, Federal Inland...

NNPC: Transparency and Open Communication Imperative By Umar Farouk Bala After months of denying responsibility, the Nigerian National Petroleum Company (NNPC) finally acknowledged that it had accumulated significant debts to its international fuel suppliers amidst prolonged petrol shortages and skyrocketing prices of Premium Motor Spirit (PMS). The...

Setting the Record Straight: NNPC Ltd and the Oil Sector's Real Challenges By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian...

NSA Applauds CGC Adeniyi's Efforts to Intensify Security Presence in Border Areas  ...As High-Level Petroleum Stakeholders Gather at ONSA Office, Abuja The National Security Adviser (NSA), Nuhu Ribadu, has commended the Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, for his commitment to tightening surveillance...

Nigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Scarcity   The average volume of petrol consumed in Nigeria has risen to 50 million litres per day, up from about 46.38 million litres in July 2023, two months after subsidy was removed by the current administration. The...