The Petroleum Products Price Regulatory Agency, PPPRA, has denied reports speculating an imminent petrol scarcity over Federal Government’s inability to pay fuel marketers’ N660 billion debt.
In a statement released in Abuja by the PPPRA spokesman, Mr Lanre Oladele, the agency said the report...
...Marketers may solely determine pump prices
...NUPENG suspends warning strike
...NNPC says refineries pump kerosene, diesel
The Petroleum Products Pricing Regulatory Agency (PPPRA), which controls the cost of petrol in the country, is in disarray and this is disrupting the implementation of the existing pricing template.
The Guardian...
The House of Representatives has faulted the current pricing template for Premium Motor Spirit, better known as petrol, saying that a realistic pump price should not be above N70.04 per litre.
It, therefore, asked the Petroleum Products Pricing Regulatory Agency and Ministry of Petroleum Resources...
Oil workers under the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), warned the Federal Government to desist from its plans to scrap the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Pricing Regulatory Agency (PPPRA) other agencies in the...
About 80 per cent of petroleum tank farms across the country are currently lying idle as a result of massive divestment by oil marketers into the retail arm of the business, a former Executive Secretary of the Petroleum Products Pricing Regulatory Agency, Mr. Reginald...
The National Assembly has accused the Petroleum Products Pricing and Regulatory Agency of consistently violating the Federal Road Maintenance Agency Act by defaulting in the remittance of over N711bn to FERMA for road maintenance across the country.
The FERMA Act, 2007 made provision for five...
