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BREAKING: NNPC New Charge on Marketers Hikes Petrol Prices

NNPC New Charge on Marketers to Lead to Higher Petrol Prices In a report published by The Leadership newspaper, marketers are raising the price of PMS at the pump to reflect the new charges to the NNPC. The report stated that the Nigerian National Petroleum...

Private Depots Hike Fuel Rates, More Filling Stations May Sell Above N180/litre

Private Depots Hike Fuel Rates, More Filling Stations May Sell Above N180/litre   The cost of Premium Motor Spirit, popularly called petrol, may hit or exceed N180/litre in most filling stations in coming weeks if nothing is done about a recent hike in its ex-depot price...

Queue To End In A Few Days, Says NNPC- Fuel Scarcity

Queue To End In A Few Days, Says NNPC- Fuel Scarcity The Nigerian National Petroleum Corporation Limited has assured Nigerians that the company had placed significant orders of over 2.1 billion litres of methanol-free petroleum to ensure that the long queues of petroleum end in...

Breaking: NNPC, NUPENG, Others Reach Truce As Another Fuel Scarcity Just Averted

Breaking: NNPC, NUPENG, Others Reach Truce As Another Fuel Scarcity Just Averted   The Nigerian Association of Road Transport Owners (NARTO), National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers (PTD) have suspended their planned strike after an intervention by the NNPC...

NNPC Apologizes For Fuel Scarcity

The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC) Ltd, Mele Kyari, has apologised to Nigerians for the hardship of the current fuel scarcity. Kyari apologized on Wednesday at a hearing in the House of Representatives Committee on Petroleum Resources (Downstream) The GMD also...

Reps Probe Petrol Shortage, Fault NNPC’s Sufficient Supply Claim

Reps Probe Petrol Shortage, Fault NNPC’s Sufficient Supply Claim   The House of Representatives, on Tuesday, expanded the scope of its ongoing investigation of petrol shortage caused by the importation of off-spec petrol, asking its Committee on Petroleum Resources (Downstream) to investigate why long queues were...