•NNPCL trucks lining up for petrol loading at the Dangote Refinery Dangote Petroleum Refinery says it has reduced the price of its petrol to N899.50K per litre to provide relief for Nigerians ahead of the Christmas and New Year holiday season. In a statement, the company’s spokesman Anthony Chiejina said the price reduction is designed [&helli...
•PENGASSAN National President, Festus Osifo The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. This update was pro...
•Port Harcourt refinery Oil marketers have outlined the conditions that will make them patronise the newly rehabilitated Port Harcourt Refinery Company in Rivers State. PHRC, under the management of the Nigerian National Petroleum Company Limited, must dispense its refined petroleum products below the prices of the Dangote Petroleum Refinery, ...
The resuscitation of Port Harcourt refinery and the coming of the Dangote refinery may not bring about a drastic crash in fuel prices expected by Nigerians. The expectation can only be realised until there is a reduction in crude oil prices at the international market and naira gains at the foreign exchange market, an expert […]
Leaders of Nigeria Labour Congress, NLC, and their Trade Union Congress of Nigeria, TUC, counterpart are currently meeting with the federal government. It was gathered that meeting is centered on the state of the nation, especially the petrol pricing and its consequences, reports Vanguard. According to sources, the meeting is taking place at t...
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...
Nigerian workers under the umbrella of Trade Union Congress (TUC) have demanded the return of petrol prices to what they were as of June 2023. “We want the price of the product to go below what it was before; not just reverse to what it was before but to go below,” said TUC President, Festus […]
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 ...
•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 […]...
•Ajaero and Tinubu As Nigerians lament the latest increase in the price of petrol, there is also an ongoing tango between the Tinubu-led federal government and the Nigeria Labour Congress (NLC) over the turn of events, which has added to the hardship in the country. The NLC, in an immediate reaction, asked the federal government […]
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