Petrol Ex-Depot Price Rises by 110% in Four Months
The Major Oil Marketers Association of Nigeria latest industry data report revealed that Ex-depot price of Premium Motor Spirit popularly known as petrol has risen by 110 per cent in four months.
The data showed that the...
Scarcity: NNPC Sells PMS at Loss, Says Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its mandate from the Federal Government as regards...
Fuel Scarcity: NNPC Assures Nigerians, Says "We have 2billion litres Available for Supply"
The Nigerian National Petroleum Company Limited has announced that it has two billion litres of Premium Motor Spirit in stock.
The firm stated that it is reassuring Nigerians that it has sufficient products...
NNPC Refineries Lose 218 Workers, N69bn Facility Loss
The Nigerian National Petroleum Company Limited reported in its recent financial statement that the number of workers at Nigeria's refineries declined by 218 within a year, while the facilities posted a cumulative comprehensive loss of N69.03bn.
NNPC manages...
740 Gas Centres, 20m Cylinders to be Deployed Across Nigeria Says NNPC
The Nigerian National Petroleum Company Limited has announced that it will deploy 740 cooking gas distribution centers, 37 filling plants and skids at 541 stations across the country.
It also stated that it was...
Only N3.4trn Needed to Subsidise 66.7M Litres of PMS Daily - NNPC
The Nigerian National Petroleum Company Limited has disclosed that only the sum of N3.4tn is needed to subsidise an average of 66.7 million litres of Premium Motor Spirit (petrol) consumed daily in the...
