Check Petrol Price In Nigeria – January 12th 2018

Petrol Price Hits N160/litre At Depots , LAGOS , ABUJA , PORT-HARCOURT , IBADAN , CALABAR , AWKA , ONITSHA , ABA , UMUAHAI , OWERRI Despite the repeated assurance by the Nigerian National Petroleum Corporation (NNPC), that it has not increased its petrol ex- depot price from N133.80k, Daily Sun findings across some depots in… Read More

Things Normalize As NNPC Fixes Pipeline That Caused Nationwide Blackout, Resumes Gas Supply

The Nigerian National Petroleum Corporation (NNPC) says the Escravos-Lagos Pipeline (ELP), which got burnt by fire, has been restored. Ndu Ughamadu, spokesman of the corporation, said gas supply to customers on the line, including power generating companies, had resumed. On January 2, a section of the ELP at Abakila in Ondo state went up in… Read More

NNPC Opens Up On Plans To Increase Petrol Pump Price

The Nigerian National Petroleum Corporation, NNPC, has insisted that it has no plans to increase the pump price of petrol as rumored in the country. Ndu Ughamadu, Group General Manager, Public Affairs Division, of NNPC, said the pump price of petrol remained N143 per litre in NNPC Retail outlets and N145 in other fuel stations,… Read More

No Plan To Increase Fuel Price – NNPC

The Nigerian National Petroleum Corporation, (NNPC) has once again said it has no plan to increase price of premium motor spirit, (PMS) otherwise known as petrol in country. NNPC in a statement by Ndu Ughamadu, Group General Manager Public Affairs Division, said the pump price of petrol remains N143 per litre in NNPC Retail outlets and N145… Read More

Senate Blames NNPC, Marketers For Fuel Scarcity

The Senate Committee on Petroleum Downstream is blaming the Nigeria National Petroleum Corporation (NNPC) and oil marketers over the short supply of petroleum products in the country. Committee Chairman, Senator Kabiru Marafa, stated this on Monday in Gusau during an oversight assignment on fuel crisis in the country. Marafa, accompanied by committee member Senator Abdullahi… Read More

Nigeria’s Problems More To Do With Process Than Structure – Buharim

President Muhammadu Buhari has said that Nigeria’s problems have to do more with process than structure. Buhari made his position known in his New Year nationwide broadcast to Nigerians early on Monday. He noted that while the nation had tried the parliamentary system of government and jettisoned it, there was ongoing clamour to return to… Read More

Nigerians Won’t Go Into New Year With Petrol Scarcity – NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has vowed that Nigerians will not go into 2018 with the scarcity of petroleum products. Baru, who disclosed this to State House correspondents in Abuja on Friday, reiterated NNPC’s position to ensure the pump price of fuel was maintained at the current… Read More

Fayose to Osinbajo: I Like You Because You Are A Pastor, Don’t Join the ‘Liars’ In This Critical Govt.

Ayo Fayose, Ekiti state governor, has criticised Vice-President Yemi Osinbajo over his recent claim regarding fuel subsidy. But speaking on Wednesday, Fayose wondered if there was any difference between the NNPC and the federal government.   On Tuesday, Osinbajo had said the Nigerian National Petroleum Commission (NNPC) bears the cost of fuel subsidy and not… Read More

Check NNPC Replies To Marketers: We Supply Products To You Despite Over N26Billion Debt

The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on the fuel supply situation, especially Premium Motor Spirit (petrol). NNPC regrets that DAPPMA which members had taken receipts of products from Petroleum Products Marketing Company (PPMC), a subsidiary of NNPC and… Read More

Senate Summons Kachikwu, NNPC’s GMD, Many Others To Address Fuel Scarcity Issues

In a bid to end the ongoing fuel crisis and the untold hardship it is presently unleashing on Nigerians, President of the Senate, Dr. Abubakar Bukola Saraki, on Thursday, directed the Senate Committee on Petroleum Resources (Downstream) to cut short its recess and immediately convene a meeting with industry stakeholders. Chairman of the Senate Committee… Read More

We Supply Products To You Despite N26.7 Billion Debt – NNPC Replies Marketers

The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on the fuel supply situation, especially Premium Motor Spirit (petrol).   NNPC wishes to affirm that it has supplied appreciable volume to DAPPMA, Major Marketers Association of Nigeria (MOMAN) and Independent Petroleum… Read More

Be Informed That; NNPC Is The One Bearing Cost Of Subsidy & Not FG – Osinbajo

Vice-President Yemi Osinbajo says the Nigerian National Petroleum Corporation (NNPC) bears the cost of fuel subsidy and not the federal government.   NAN reports that the vice-president clarified this on Monday while answering questions from journalists after visiting the Oando and Total depot in Apapa, Lagos.   “NNPC is trading in fuel; the federal government… Read More

FG Petrol Subsidy Now N26 Per Litre [The Secret Will Soon Be Exposed]

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, on Sunday disclosed that the current Landing Cost of petrol is N171 per litre, meaning that at N145 per litre, the Federal Government is currently paying a subsidy of N26 on a litre of the commodity. Speaking with reporters in Abuja,… Read More

Why Fayose Orders Release Of Petrol In Govt Fuel Dump To Public [Details Here!]

The Ekiti State Governor, Mr Ayodele Fayose, has directed that 80 per cent of the petrol in the Government Fuel Dump is released to two petrol stations in Ado Ekiti. He said the product should be sold to the public at the control price of N145 per litre. The governor, who made this known via his Twitter handle… Read More

NNPC Discovers 144 Truckloads of Diverted Fuel By Some Marketers In The North

NNPC Discovers 144 Truckloads of Diverted Fuel By Some Marketers In The North Read More

Ingenuity In The Oil Sector: Marketers ‘Plot’ Ibe Kachikwu’s Removal

Some stakeholders in the oil sector are pushing for the removal of Ibe Kachikwu, minister of state for petroleum resources. This is as a result of the minister’s claim that the Nigerian National Petroleum Corporation (NNPC) awarded N25 billion contracts without due process . Although, Kachikwu later recanted , saying the issues he raised were… Read More

NNPC boss, Baru joins Buhari for Juma’at prayer at Aso Rock today (Photo)

Embattled Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Maikanti Baru, on Friday joined President Muhammadu Buhari to observe the Juma’at service at the Presidential Villa, Abuja. Baru arrived the Villa shortly after the Minister of State for Petroleum Resources, Ibe Kachikwu, met with the President.     The NNPC boss was first… Read More

NNPC Palava: Lee Maeba Berates Ibe Kachikwu Over Maikanti Baru {Details}

Senator from Rivers State, Lee Maeba has berated the Minister of State for Petroleum, Ibe Kachikwu over his allegation against the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Maikanti Baru. Kachikwu, in a letter to President Muhammadu Buhari, had accused Baru of insubordination, among other things. In his reaction, Maeba faulted the… Read More

EFCC: How Diezani’s lawyer blocked us from questioning her in UK (Details)

The Economic and Financial Crimes Commission says its investigative team has not been allowed to meet with the immediate past Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, in the United Kingdom, where she has been staying since 2015 when investigation into her tenure began. The commission stated in a counter-affidavit filed before the Federal High… Read More