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SERAP Sues NNPCL Over Failure to Account for N500bn

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing N500 billion, which the NNPCL failed to remit to the Federation Account between October 2024 and December 2024.”

FG to Implement More Reforms to Strengthen Economy, Says Tinubu

FG to Implement More Reforms to Strengthen Economy, Says Tinubu President Bola Tinubu has revealed plans to implement more reforms to strengthen the economy and end opaque waivers to pave the way for the nation’s growth. Tinubu spoke at the second anniversary speech on Thursday, noting...

S’Africa Leads as Africa’s Top Fuel Importer – Report

S’Africa Leads as Africa’s Top Fuel Importer - Report Nigeria has relinquished its long-held position as Africa’s largest importer of refined petroleum products following the ramp-up of operations at the Dangote Petrochemical Refinery, a new report has stated. South Africa has now overtaken Nigeria as the...

Port Harcourt Refinery Not Producing Petrol Prior to Shutdown – Marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Nigerian National Petroleum Company Limited (NNPCL) had to shut down the Port Harcourt Refining Company to save its face.

Why NNPC Shutdown Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has shutdown the Port Harcourt Refining Company (PHRC) for planned maintenance which commenced on 24 May 2025.

Dangote Reduces Petrol Price Nationwide

Dangote Reduces Petrol Price Nationwide The Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (petrol) across the country. The new rates now range from ₦875 to ₦905 per litre, depending on location. A breakdown of the revised prices shows,...