Petrol Consumption Declines by 30% After Subsidy Removal
The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant decline in petrol consumption since the removal of the petrol subsidy by President Bola Tinubu. According to the Group…
10,166 Illegal Refineries, Connections Destroyed in 3 Years – NNPCL
The Nigerian National Petroleum Company Limited, has announced the discovery and destruction of at least 10,166 illegal refineries and crude oil connections in three years. Daily Report Nigeria reports that…
We Sold Fuel to NNPCL in Dollars – Dangote Refinery
Dangote Refinery has revealed that it sold Premium Motor Spirtit (PMS), popularly known as fuel to the Nigerian National Petroleum Company (NNPC) Limited in Dollars. This is even as the…
NNPCL Remits N10 Trillion To Federation Account In September 2024 – Kyari
The Nigerian National Petroleum Company Limited (NNPCL) remitted N10 trillion to the federation account as of September 2024. NNPCL's Group Chief Executive Officer, Malam Mele Kyari, stated that the company…
Nigeria Does Not Have Money to Pay For Subsidy – Mele Kyari
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL) has revealed that the country has no money to fund subsidy. This is as Kyari…
Fuel Scarcity Looms as Marketers Shutdown Stations
Lagos and the surrounding environs could soon experience a major fuel shortage as marketers continue to close stations to deny access to motorists and other product users. Station closures reportedly…
Tinubu Told to Explain $3.3bn NNPCL Deal
President Bola Tinubu has been told to provide an explanation for the Nigerian National Petroleum Company Limited (NNPCL)'s $3.3 billion emergency crude repayment loan. Atiku Abubakar, the 2023 presidential candidate…
Dangote Refinery Debunks NNPCL’s Claim on Fuel Price
Dangote Refinery has rejected the claim made by the Nigerian National Petroleum Company Limited (NNPCL) that they sold fuel to them at N898 per litre. The refinery described the statement…
NNPC Reduces Petrol Price To N945 Per Litre
NNPCL has reduced the price of petrol at its retail stations from N960 to N945 per litre. The price change took effect on Thursday, February 13, and has led to…
NNPC Announces New Template For Fuel Price in Nigeria
The Nigerian National Petroleum Company Limited (NNPCL) announced a new template for fuel price in Nigeria. This is as the NNPCL jerked up pump prices of Premium Motor Spirit by…