•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 ...
•Tankers queue to lift petrol from Dangote Refinery The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it doesn’t make sense for the Nigerian National Petroleum Company Limited (NNPCL) to sell petrol lifted from the Dangote Refinery higher than imported ones. IPMAN National Welfare Officer, John Kekeocha, stated this on Ch...
•NNPCL truck line up for petrol at Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has tackled Dangote Refinery, insisting that it paid N898 per litre for the purchase of petrol from the refinery. Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd, stated this while responding to a statement from the re...
•Dangote and NNPCL boss, Kyari The Dangote Refinery located in Lagos has denied selling petrol to the Nigerian National Petroleum Company Limited (NNPCL) at N898 per litre. A spokesman for the refinery Anthony Chiejina in a statement late yesterday described the claim by the NNPCL as “misleading and mischievous”. He said, “Our attention has be...
•Dangote and Mele Pricing of the Premium Motor Spirit (PMS) has been a key agenda in the marathon meetings between the managements of the Nigerian National Petroleum Company (NNPCL) and Dangote Petroleum Limited in the last few weeks. A source of the National Oil Company, who was privy to the meetings, which have been holding […]
•Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) says it has supplied 30 million barrels of crude to the Dangote refinery so far. The Executive Vice President of NNPCL Downstream, Adedapo Segun, who disclosed this today on Arise Television, said plans were underway to supply an additional 17 million barrels to the refi...
•Minister of Petroleum Resources, Heineken Lokpobiri The federal government has denied a report that the Ministry of Petroleum Resources had ordered the Nigerian National Petroleum Company Limited to sell fuel at ₦1,000 per litre. In a statement signed by the Special Adviser, Media and Communication, to the Minister for Petroleum Resources (Oi...
There are strong indications that the Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit popularly known as petrol nationwide. A video sighted by our correspondent today revealed that the product sold for N855 per litre at an NNPCL filling station in Ikoyi, Lagos, up from N568, reports Dail...
•Peter Obi Politician and a former presidential candidate for the Labour Party (LP), Peter Obi has urged Nigerians to demand transparency from the Nigerian National Petroleum Company Limited (NNPCL) over the true state of petrol subsidy payments. Obi urged in a series of tweets on his official X handle today, saying that NNPCL has so […...
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