Reps Minority Caucus Rejects Fuel Pump Price Increase     The minority caucus in the House of Representatives has condemned the increase in the pump price of Premium Motor Spirit (petrol) from N148 to N151.56k per litre. The Petroleum Product Marketing Company, on Wednesday, announced that the Nigerian...

BREAKING: Petrol Price Now N151.56 Per Litre ― PPMC     The price of petrol has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC. In a statement obtained by Economic Confidential, D.O Abalaka...

Why NNPC Ex-depot Price Cut May Not Affect Petrol     Though the Nigerian National Petroleum Corporation (NNPC) yesterday reduced ex-depot price of petrol from N113.28k per litre to N108.00k per litre across its products loading facilities, the reduction may not be reflected at filling stations. A letter...

PPMC Sells N1.86trn kerosene, fuel, diesel The Nigerian National Petroleum Corporation’s (NNPC) downstream subsidiary, the Petroleum Products Marketing Company (PPMC) sold kerosene, diesel, and petrol valued at N1.86 trillion in 2017. Kerosene, diesel, and petrol are generally called white petroleum products. The NNPC, in its Monthly Financial...

DAPPMA: We Supply You Products Despite Your N26.7billion Debt, Says NNPC The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on the fuel supply situation, especially Premium Motor Spirit (petrol). In a...

The management of MRS Oil Nigeria Plc has debunked claims by the Nigerian National Petroleum Corporation (NNPC) that it expropriated the products placed under throughput or stored over a given period in its terminal. In a statement yesterday, the firm said the national oil exhibited...