Assets Conversion: NNPCL, Chevron Target 165,000 bpd by December In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd. and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have...

Marketers Fear High Dangote Petrol Price as Fuel Landing Cost Rises Oil marketers are concerned about the delay in announcing the price of Premium Motor Spirit, popularly called petrol, being produced by the Dangote Petroleum Refinery, as they noted that the landing cost of imported...

How Did we get into the Economic Conundrum I regret to be the bearer of somber news, but the Dangote refinery is not the panacea we require to address the persistent fuel shortage, and I doubt we'll see fuel prices dip below 900 naira per...

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...

NANS Mobilises Students for Protests Over Fuel Hike By Rabi Ummi Umar Amid the ongoing hardship in the country and recent increase in fuel pump price, the National Association of Nigerian students (NANS) has called for a massive shutdown of major cities in Nigeria. The body called...