The Executive Director for the Centre for Transparency Advocacy, Faith Nwadishi, has said that Nigeria should have been producing about 70 million litres of petrol per...
The Nigerian National Petroleum Company Limited (NNPCL) has said the Kaduna Refining and Petrochemicals Company (KRPC) will resume production after the completion of renovation by the...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to cripple the supply of Premium Motor Spirit (PMS) also known as petrol over non-payment of...
Petrol marketers, on Monday, revealed the causes of the lingering scarcity of the product across the country. The Chairman of the Independent Petroleum Marketers Association of...
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, has said the Nigerian National Petroleum Company Limited (NNPCL) is responsible for...
The Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, in his reaction to the crisis, expressed optimism that the long queues will clear in the coming...
Oil marketers and officials of the Nigerian National Petroleum Company Limited (NNPCL) have claimed that the national oil company is rationing petrol supply to depots and...
According to IPMAN, the petrol scarcity currently spreading to more states across the country will take at least two weeks to normalise. The Public Relations Officer...
A petrol tanker explosion along the Eleme-axis of the East-West Road in Rivers State has claimed lives and destroyed dozens of vehicles. DAILY POST gathered that...
The Nigerian National Petroleum Company (NNPC) Limited has clarified that the tight supply of Premium Motor Spirit (PMS), also known as Petrol, currently being experienced in...
Commuters in the Federal Capital Territory and five other states faced severe transportation hurdles on Wednesday as a sudden scarcity of Premium Motor Spirit (PMS), commonly...
Dangote refinery will start supplying petrol in the fourth quarter of 2024, according to Standard and Poor’s’ Global Commodities, S & P. Kelly Norways, an African...
Transporters, business owners, and passengers in Ilorin, the capital of Kwara State and its environs, are facing increased hardships due to the recent surge in petrol...
The Chief Executive Officer (CEO) of Rainoil Limited, Gabriel Ogbechie, has revealed that President Bola Tinubu-led government now spends N600 billion on petrol subsidy monthly. Naija...
A fresh survey has revealed that some filling stations in Lagos State have implemented a downward review in the price of Premium Motor Spirit (PMS), popularly...
The Chief Executive of AF Ralph Oil and Gas Ventures, Dr Ralph Arokoyo, has confirmed that Dangote refinery will start releasing petrol into the market by...
Amidst widespread inflation, some countries continue to benefit from relatively low fuel prices, with global averages and national policies playing a significant role in these variances....
Oil marketers and other operators in the downstream sector have denied claims that the pump price of petrol at depot facilities has been adjusted downwards. Naija...
One of the most essential commodities in the country and all over the world is petrol, also known as Premium Motor Spirit (PMS), as it powers...
The termination of the fuel subsidy regime by President Bola Tinubu in May 2023, resulted in the immediate increase in the price of petrol across the...
The National Bureau of Statistics, NBS, has said that the average retail price of a litre of petrol rose from N263.76 in February 2023 to N679.36...
Petrol, an indispensable resource in Nigeria, continues to experience price volatility, impacting the economy and daily life. The Nigerian National Petroleum Company Limited (NNPCL) currently pegs...
Major Energies Marketers Association of Nigeria says the exact landing cost of Premium Motor Spirit, known as petrol, and foreign exchange fluctuations, is why its members...
With the current hardship in Nigeria, starting a business with a budget of less than 100,000 Naira (about $240 USD) is feasible and can be quite...
The Nigerian Navy, Forward Operation Base, Ibaka, in Akwa Ibom has arrested two suspects and impounded their wooden boat laden with 5,100 litres of petrol. The...