NNPC Suffers 47% Drop In Petrol Sales Revenue     The Nigerian National Petroleum Corporation saw its revenue from petrol sales plunge by 47.38 per cent to N107.61bn in April as supply dropped amid the coronavirus lockdown and the reduction in the pump price of the product. The...

No Going Back on Petrol Subsidy Removal, Says FG   The Minister of State for Petroleum Resources, Timipre Sylva, said on Thursday that the Federal Government had reached a conclusion that it could no longer bear the burden of petrol subsidy. Sylva said this in a statement...

NNPC Earns N192.4bn From Petrol, Diesel, Kerosene Sale   The Nigerian National Petroleum Corporation on Tuesday said it posted a total revenue of N192.4bn from the sale of petrol, kerosene and diesel in the month of March. In its latest monthly financial and operations report for March...

Q1 Petrol Imports Rise To 5.32bn Litres     The volume of petrol imported into the country in the first three months of the year rose by 9.24 per cent, compared to the same period in 2019, the National Bureau of Statistics has said. The NBS data showed...

FG Announces Increase In Petrol Price   Consumers of petrol in the country would pay a 16.4 per cent increase in the price of petrol for the month of July, the Petroleum Products Pricing Regulatory Agency (PPPRA) announced on Wednesday. The agency said the approved new retail...

NNPC Begins Sale Of Petrol Online     NNPC said yesterday that it had deployed a sales and distribution application in the oil and gas secondary model portal that would enable marketers to buy petroleum products online. The corporation noted that the move was to minimise human contacts...