Marketers Slam NNPCL's Import Monopoly on Fuel Oil Marketers in Nigeria have criticised Nigeria's National Petroleum Company Limited's import monopoly, claiming that the situation has hurt the petrol market. The General Manager, Operations, TotalEnergies Marketing Nigeria Limited, Abdulmutalib Rabiu, called for an end to NNPCL’s petrol...

Nigeria Loses $2bn To Oil Theft In Eight Months   The ad-hoc committee set up by the Senate to investigate oil theft and consequent damage on the nation’s economy said on Tuesday that Nigeria lost $2 billion, equivalent to N1.3trillion, to oil theft between January and...

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...