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...
The Bola Ahmed Tinubu-led Federal Government will today, Wednesday, release the new gas pricing template. Naija News reports that this was made known by the Nigerian...
Twelve petroleum marketers were arrested on Friday in Kogi State for allegedly removing Nigeria Mainstream Downstream Petroleum Regulatory Authority (NMDPRA)’s closure seal and returning to petrol...
The Bola Tinubu-led Federal Government has granted licenses to Eterna Plc, Emadeb Energy Services Limited, and Asharami Energy to import petrol into the country from next...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it would no longer be in charge of determining or regulating the price of petrol in...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is set to clamp down on oil marketers over the sale of the price of...
The Federal Government has been charged by oil marketers to evacuate and dispense the products currently trapped in the depots. The oil marketers disclosed that the...
The Federal Government has stated that there is no plan to increase the pump price of petrol during the Yuletide season. Naija News reports that the...
The Federal Government and major oil marketers have differed on the lingering fuel scarcity in major cities, especially Lagos and Abuja. Naija News reports that fuel...
After nabbing illegal oil traders from different locations and operations across the country, statistics show that Nigerian security agencies recovered crude oil worth N86.2bn in August...
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...
The Federal Government has refused to speak on the costs of Premium Motor Spirit, popularly called petrol, in various regions of the country. Naija News reports...
Petrol stations across the country may start selling Premium Motor Spirit (petrol) between N170/litre and N190/litre, sources have claimed. An agreement was reportedly reached between Oil...
The Federal Government on Wednesday met with oil marketers on issues bordering on the cost of petrol, fuel queues, and bridging claims payment, among others in...
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...
The Independent Petroleum Marketers Association (IPMAN) has raised an alarm over an impending fuel scarcity across the nation and warned Nigerians to get prepared. The group...
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...
Former lawmaker, Sen. Dino Melaye has reacted to the issue of petrol scarcity reported in some cities of Nigeria alleged to be caused by the supply...
The Muhammadu Buhari-led government has announced its decision to investigate the import and supply of adulterated Premium Motor Spirit also known as Petrol. Naija News reports...
