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The Federal Government has increased the price of gas to generate power from $2.18 Metric per Million British Thermal Units (MMBtu) to $2.42 MMBtu. The Chief...
The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, on Tuesday revealed why the price of petrol increased to N617 on Tuesday....
Seven weeks after the announcement of the removal of the fuel subsidy was made by President Bola Tinubu, three oil marketing companies finally succeeded in importing...
Prices of Premium Motor Spirit, popularly called petrol have reportedly been reduced at some private depots. Naija News gathered that the Secretary, Abuja-Suleja, of the Independent...
The Nigerian National Petroleum Corporation Limited (NNPCL) has reportedly released 1.9 billion litres of petrol to cushion the issues of fuel scarcity and price hikes across...
The Muhammadu Buhari-led government has again denied that it increased the pump price of Premium Motor Spirit, popularly called petrol, above the regulated cost of N165/litre. Naija...
Nigerian Oil marketers have faulted the Federal Government over claims that it has paid the 12 months of bridging claims being owed operators in the downstream...
President Muhammadu Buhari’s spokesman, Femi Adesina has said the ongoing fuel scarcity across states is but for a matter of time and citizens will get over...
In order to address the fuel scarcity in the country, the Nigerian National Petroleum Company Ltd. may spend N201 billion to import clean Premium Motor Spirit...
The federal government has assured Nigerians it has no immediate plans to increase the pump price of petrol in the country. The Nigerian Midstream and Downstream...