At the meeting of the Federation Account Allocation Committee (FAAC) a total of N465.149 billion has been distributed for the month of January, 2017 between the Federal, States and  Local Government Councils. The communiqué issued by the Technical sub -Committee FAAC at the end of...

To ensure stability in the supply of Liquefied Petroleum Gas (LPG), popularly known as domestic cooking gas, the West African Gas Ltd (WAGL), a joint venture company of the Nigerian National Petroleum Corporation (NNPC) and Sahara Energy, has taken delivery of two LPG carriers...

The Petroleum Products Price Regulatory Agency, PPPRA, has denied reports speculating an imminent petrol scarcity over Federal Government’s inability to pay fuel marketers’ N660 billion debt‎. ‎ In a statement released in Abuja by the PPPRA spokesman, Mr Lanre Oladele, the agency said the report...

Nigerian National Petroleum Corporation has enjoined motorists in Abuja and its environs, and indeed the federation, not to engage in any panic buying of petroleum products. NNPC assures motorists that the Corporation has 1.3billion litres stock of PMS, otherwise called petrol, which is sufficient to...

The Nigerian National Petroleum Corporation’s (NNPC) three refineries produced additional volumes of 4.6 million litres of Dual Purpose Kerosene otherwise known as kerosene and 7.7 million litres of Automative Gas Oil otherwise known as diesel as at Tuesday the 17th of January 2017. The Chief...

The supply logjam which often impedes stable availability of Liquefied Petroleum Gas, LPG, otherwise called cooking gas, may soon be over. The West Africa Gas Ltd (WAGL), a Joint Venture Company of Nigerian National Petroleum Corporation, NNPC, and Sahara Energy will unveil two LPG vessels...