Barely 24 hours after the price of aviation fuel rose by 35 percent from N430/liter to N580/liter, oil marketers on Wednesday predicted that the price of...
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months...
According to reports on Sunday, oil marketers have begun compiling losses experienced by filling stations as a result of the purchase of tainted petrol smuggled into...
A lot of gas stations in Nigeria are still not dispensing Premium Motor Spirit, popularly called petrol, this has worsened the nationwide fuel scarcity and paralysed...
The House of Representatives, on Tuesday, expanded the scope of its ongoing investigation of the crisis caused by the importation of off-spec Premium Motor Spirit, popularly...
We have commenced the distribution of one billion litres of safe Premium Motor Spirit, known as petrol, in our stock to various fuel stations nationwide, says...
In 2022, President Muhammadu Buhari has asked for an additional N2.557 trillion in funding for petrol subsidy payments. In a letter to the national assembly, the...
With respect to the fuel scarcity which has led to a serious hike in fuel price, NNPC’s spokesperson, Garba-Deen Muhammad, has called for patience from Nigerians....
In its investigation of the country’s inability to refine crude oil, the House of Representatives Ad Hoc Committee on the State of Refineries in Nigeria is...
Residents of Abuja and the neighbouring states of Niger and Nasarawa are still having difficulty obtaining Premium Motor Spirit, also known as gasoline, with black market...