• Low queue as IPMAN, MEMAN say supply below expectations• Dangote debunks shortfall claim, insists supply on track Nigerian National Petroleum Company Limited (NNPCL), yesterday, said the Dangote Refinery is unable to supply the nation with over 65 million litres of Petroleum Motor Spirit (PMS), stressing that only 10.3 million litres …
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Dangote Refinery Petrol: Marketers Reveals PMS Price per litre
AHEAD of today, (Sunday), commencement of the first Premium Motor Spirit (Petrol) distribution by Dangote Refinery, oil marketers have expressed worries that they are yet to know the price of the product. The President of the Petroleum Products Retail Outlets Owners Association, PETROAN, Billy Gillis-Harry and the President of the …
Read More »SERAP Office Invasion: Prince Adebayo Condemns Attack
•Says We cannot return to the days of former military Prince Adewole Adebayo has joined the increasing number of Nigerians criticizing the invasion of the Socio-Economic Rights and Accountability Project (SERAP) office by the Department of State Services (DSS), the nation’s secret police. According to SERAP, the invasion occurred after the …
Read More »NNPCL Supplies Dangote Refinery 30m Barrels of Crude — Official
THE Nigerian National Petroleum Company Limited has announced that it has supplied 30 million barrels of crude oil to the Dangote oil refinery, with plans to provide an additional 17 million barrels soon. The Executive Vice President of NNPCL Downstream, Adedapo Segun, disclosed this on Thursday while speaking on Arise …
Read More »NNPCL, Government Spending And Fuel Price
It’s very clear that we are not in a crisis; we just have economic managers who really are not interested in solving the problem. I just saw a report attributed to the Minister of State for Petroleum saying that fuel prices should be dispensed at above N1, 000 per litre …
Read More »BREAKING: Dangote Fixes Price, Date for Sales of Petrol to Public
NEWSEXTRA24 confirmed that owner of the Lagos-based refinery Aliko Dangote, on Tuesday, spoke on pricing for petrol produced at his 650,000 barrels per day facility. The refinery owner also confirm that the product will hit the market in the next 24 hours as soon as his company finalises modalities with …
Read More »FG Needs N16trn to Complete Inherited Road Projects – Umahi
THE Minister of Works, Mr David Umahi, says the Federal Government needs more than N16 trillion to complete inherited road projects nationwide. Umahi made the disclosure when he briefed newsmen on the achievements of the ministry under the Renewed Hope Agenda of President Bola Tinubu on Thursday in Abuja. He …
Read More »House of Reps Faults Call For Removal of Kyari, Farouk
MEMBERS of the House of Representatives on Thursday described the recent call by Hon. Philip Agbese for the removal of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari and the Chief Executive of the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA), as …
Read More »CSOs urge IPMAN, NUPENG, others to work with NNPCL to Normalize fuel distribution
The Coalition of Civil Society Groups for Good Governance, a key stakeholder in the Nigerian oil and gas industry, has called on oil marketers and distributors to partner with the Nigerian National Petroleum Company Ltd. to ensure seamless delivery of petroleum products across the country, which is crucial to the …
Read More »FG To Roll Out Presidential CNG Initiative
THE Bola Tinubu-led Federal Government is set to roll out the first set of critical assets for the deployment and launch of the Compressed Natural Gas (CNG) initiative. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made this known in a statement on Sunday in Abuja. Onanuga …
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