Why is Nigeria's Fuel Price Soaring?
While the purchase price of fuel has rocketed, the state oil utility says there will be no increase in the price of fuel.
PENGASSAN Warns of Fresh Industrial Unrest in Oil Industry
Vanguard, 10 June 2018
Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, weekend in Geneva, Switzerland, warned of impending fresh industrial unrest in the nation's oil industry,… Read more »
Fuel Under-Recovery Rises By 192% to N46bn in January - NNPC
Vanguard, 4 June 2018
The Nigerian National Petroleum Corporation, NNPC, incurred N45.783 billion as under-recovery on Premium Motor Spirit, PMS, also known as petrol, in the month of January 2018,… Read more »
Petrol Glut Hits Nigerian Market As NNPC Struggles for Buyers
This Day, 5 June 2018
The efforts of the Nigerian National Petroleum Corporation (NNPC) to sustain the availability of petrol in the country with massive importation of product have led to a glut of… Read more »
The Nigerian National Petroleum Corporation has said that it currently spends U.S.$2.1 million every day to subsidise petrol and keep the fixed retail price at N145 per litre. ... Read more »
While the Nigerian National Petroleum Corporation has been urged to end the fuel scarcity in the country, an official has said that the current fuel price is determined by the ... Read more »
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