FG Inaugurates Fuel Pricing Committee, New Price Regime Begins
The Federal Government has inaugurated the ‘Bipartite Plus Committee’ on technical framework on the pricing of Premium Motor Spirit popularly known as petrol.
This is happening as the new price regime for PMS announced last week by...
Nigeria Resumes Petrol Import From China
Nigeria, Africa’s biggest oil producer and exporter, has resumed importation of petrol from China, the world’s top crude oil importer.
The Asian country shipped 37,000 metric tonnes of petrol to Nigeria in September for the first time since July 2019,...
NNPC Petrol Sales Revenue Drops Despite Price Hike
The volume of petrol sold by the Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, dropped in the first two consecutive months of price hike, latest data from the NNPC have shown.
The PPMC...
Yobe, Anambra, Kebbi Paid Highest For Petrol In October – NBS
Consumers paid more for petrol, kerosene and diesel in the month of October 2020 as the cost of the commodities were hiked across the country, the National Bureau of Statistics has said.
Figures obtained from...
Why PPMC Stopped Announcing Monthly Ex-depot Price - NNPC
The Nigerian National Petroleum Corporation (NNPC) on Monday revealed why its subsidiary -Pipeline Products Marketing Company (PPMC) stopped announcing its monthly ex-depot price of the Premium Motor Spirit (PMS).
Its Group General Manager, Group Public Affairs Division,...
#EndSARS: Oil Marketers Suspend Transportation Of Petrol, Others
Oil marketers have asked petroleum tanker drivers to temporarily suspend the movement of petrol, diesel, Liquefied Petroleum Gas, among others, as a result of the #EndSARS protests in various locations nationwide.
It was also gathered that the decision...
