Petrol Will Cost N410 Without Subsidy, Says NNPC The Group Chief Executive Officer of NNPC Limited, Mele Kyari has warned that without the current subsidy on petrol, the actual importation and retail cost would be at N410 per litre as market conditions take price to...

Marketers Threaten Strike, Protest N185/litre Fuel  The Independent Petroleum Marketers Association of Nigeria, says it will withdraw its service over constant increment on the price of the premium motor spirit in the Eastern part of the country. The marketers, on Monday, in a statement, blamed private...

In 5 Years, FG Targets 10m Tons Of Gas Production - NNPC Boss The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Melee Kyari has disclosed that Nigeria has market opportunities for Liquefied Petroleum Gas (LPG) of 10 million tons...

El-Rufai, Sanusi and NNPCL: Between Fact and Fallacy, by Mide Dosu   It is not a co-incidence that Sanusi Lamido Sanusi and Nasir El-Rufai are not only childhood friends but also long-term allies who think alike and act alike. They seem to have too many things...

FG to Borrow 11 trillion for 2023 Budget, to Spend 3 trillion on Fuel Subsidy The federal government has revealed plans to borrow about N11.3 trillion to fund expenditure in the 2023 budget. Noting that the deficit is projected to exceed 12.41 trillion in 2023...

Govs Question NNPCL Ownership Nigeria governors have expressed concerns regarding the ownership, liabilities, and assets of the newly formed Nigerian National Petroleum Company Limited. Regarding this, the Chairman of the Council, Vice President Yemi Osinbajo, directed that a sub-committee be set up to liaise with the...