Controversy over the supply of petrol from Dangote Refinery to the Nigerian National Petroleum Company Limited (NNPCL) deepened yesterday. In a new twist, a document from the state oil company showed that the refinery has been unable to meet the supply request, reports The Nation. According to the document, the NNPCL requested for 1.065 billio...
•Dangote Dangote Refinery has announced its readiness to drop the case instituted against the Nigerian National Petroleum Corporation Limited (NNPCL) and five other companies over importation of petroleum products. The other five companies are Aym Shafa Limited, A. A. Rano Limited, T. Time Petroleum Limited, 2015 Petroleum Limited and Matrix P...
The latest hike in the cost of petrol has pitched oil marketers against the national oil company with the Independent Petroleum Marketers Association of Nigeria (IPMAN) tackling the Nigerian National Petroleum Company Limited (NNPCL) over the latest adjustment to price of the product, just as Nigerians across the country have lamented the incr...
•Falana Chairman of the Alliance on Surviving COVID-19 and Beyond (ASCAB), Femi Falana, SAN, has stated that the Nigerian National Petroleum Company Limited (NNPCL) does not have the legal authority to set the price of petrol in Nigeria. In a statement, Falana referred to remarks made on September 5, 2024, by the Executive Vice President [&hel...
The recent increase in fuel prices by the Nigerian National Petroleum Company Limited (NNPC Ltd) has sparked outrage among Nigerians, with many lamenting, “Na citizens go suffer am.” Today, NNPCL announced that the pump price of Premium Motor Spirit (PMS) had risen from N865 to N1,030 per litre, reports Nigerian Tribune. This hike follows the ...
Filling stations belonging to the Nigerian National Petroleum Corporation Limited (NNPCL) have increased the pump price of fuel. The product which previously sold for N897 in Abuja, the nation’s capital, currently sells for N1,030, reports Daily Trust. Our correspondent who visited an NNPC outlet in Maitama observed how motorists queued up to ...
•Dangote and Kyari Plans have been reached and advanced by the federal government, Nigerian National Petroleum Company Limited, NNPCL and Dangote Refinery; to make far-reaching changes in Nigeria’s process of lifting and distribution of petrol. Under the current arrangement, the NNPCL allocates crude oil for refining and also undertakes the di...
•NNPCL, Dangote Refinery How much did Dangote Refinery sell petrol per litre to the Nigerian National Petroleum Company (NNPC) Limited? The answer is still hanging in the air. Controversy over it rages on, reports The Nation. The NNPCL, which is the sole off-taker “for now” of product from the new refinery, said it bought petrol […]...
•Port Harcourt Refinery The Nigerian National Petroleum Company Limited (NNPCL) has provided updates on the status of the Port Harcourt Refinery and explained why it is not yet operational. President Bola Tinubu has, on several occasions, promised the commencement of petrol production at the government-owned Port Harcourt Refinery, but this ha...
•Femi Falana, SAN Senior Advocate of Nigeria and human rights activist, Femi Falana has said it is illegal for the state oil company, NNPCL to determine prices of Premium Motor Spirit also known as petrol after deregulation. A statement released by Falana today said the action of the National Nigerin Petroleum Company Limited violates section ...
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