The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has said that the corporation is in talks with China for a $2.5 billion gas pipeline financing arrangement, Blomberg has reported. […]
An Abuja-based legal luminary and rights activist, Dr Kayode Ajulo, has called on the federal government to look at the option of introducing palliatives that can help mitigate the cost of living of vulnerable segments […]
Reports say the Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members nationwide to reduce petroleum pump price from N145 per litre to N140. National President of the association, Chinedu Okworonkwo, who disclosed […]
Nigeria’s economy will in a few hours nosedive if the plans by the Depot and Petroleum Products Marketing Association (DAPPMA) materialise. The association through its Executive Secretary, Mr. Olufemi Adewoleon Sunday directed its members to […]
The Federal Government has been served a seven-day ultimatum by Oil marketers to settle outstanding debts totaling N800 billion. The marketers, comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association […]
The Nigerian National Petroleum Corporation (NNPC) has put its total crude oil and gas export sales at $416.07 million in June, 2018 representing a 35.78 per cent increase over the month of May. The NNPC […]
Total Nigeria Plc has attributed accidents caused by oil tankers’ in Nigeria to illiteracy among tanker drivers, ageing equipment, substandard tank construction and low quality of road infrastructure. Total’s Management System for Transport Manager, Mr […]
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has felicitated with petroleum products consumers across the country on the occasion of the 58th Independence Anniversary of Nigeria. Dr. Baru, […]
With Nigeria’s Gross Domestic Product (GDP) shrinking to 1.90% in the second quarter of 2018, it becomes pertinent to urgently address fundamental issues that continue to draw back economic growth and development. BENJAMIN UMUTEME reports. […]
The Department of Weights and Measures, Federal Ministry of Industry, Trade and Investment, has sealed seven petrol stations in Warri and Asaba in Delta state, for under-dispensing petroleum products. The head of the surveillance team […]
The Nigerian National Petroleum Corporation (NNPC) has allayed fears of possible hiccups in petroleum products supply in parts of the country following an ultimatum issued by the Nigeria Union of Petroleum and Natural Gas Workers […]
Governors of the 36 states of the federation have accused the Nigeria National Petroleum Corporation (NNPC) of fraudulently doubling the nation’s daily petrol consumption from about 30 million litres to 60 million litres. Addressing State […]
The scarcity of PMS or Premium Motor Spirit has been part of our motoring headache since the Shagari era. You can’t blame Independent Marketers and their fellow travellers (call them spirit rappers if you like) […]
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