Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry
The Refinery currently produces over 45 million liters of PMS and 25 million liters of diesel daily.
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NNPC Begins Trans-Shipment Charges, Depot Owners Raise Fuel Price
The Nigerian National Petroleum Company Limited (NNPC) has commenced a N500,000 Ship-to-Ship Coordination Charge for each transshipment operation for Premium Motor Spirit, popularly called petrol, involving the NNPC Marine Logistics. Prime Business Africa gathered on Monday that this charge on any transshipment
100 Youths Begin NCDMB-ITF Vocational Training
Nigerian youths have commenced training in the vocational skills programme sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by the Industrial Training Fund (ITF). The training covers eight skills areas, and they include Information and Communication Technology; Electrical/Electronic
Fuel Scarcity: NNPC Promises Adequate Supply Next Week
The Nigerian National Petroleum Company Limited (NNPC) has assured Nigerians of adequate fuel supply by next week. The NNPC made this promise amid the subsisting scarcity of Premium Motor Spirit (petrol) in the country. According to the company, over 30 vessels would
Dirty Fuel: NNPC, Oando, MRS, Others To Face NASS Panel
Going by the posture of the House of Representatives Committee on Petroleum (Downstream) on the dirty fuel importation saga, entities fingered in the controversy will soon face the Hon. Abdullahi Mahmud Gaya-led committee. This comes barely a day after the Nigerian National
Marketers Plunge Into Action To Blend Dirty Fuel As scarcity Persists In States
Oil marketers have plunged into action to blend the over 100 million litres of adulterated Premium Motor Spirit, popularly called petrol, which was imported into Nigeria over two weeks ago. Prime Business Africa gathered that gathered on Tuesday that the Nigerian National
Dirty Fuel: NNPC, Marketers Begin 24-hour Operations
Nigeria National Petroleum Company (NNPC) has announced commencement of 24-hour supply of the product from all its depots and retail outlets across the country.
Buhari Charges Senate To Approve N2.55trn For Petrol Subsidy Payments
President Muhammadu Buhari has demanded an additional provision of N2.557 trillion for petrol subsidy payments in 2022. President Buhari made the demand in a letter sent to the national assembly requesting consideration and approval to accommodate the additional fuel subsidy funding. Prime
Statistician-General Hints On Implication Of Fuel Crisis On Nigerian Economy
The Statistician-General of the Federation, Mr. Simon Harry, has disclosed that the present fuel crises being experienced across the nation may have adverse effects on the inflation rate. Harry disclosed this on Tuesday in Abuja, at a media conference to announce the
Fuel Sells For N400/Litre In Abuja, Others As Scarcity Persists In Lagos
Prime Business Africa has gathered that residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400/litre by black marketers. This
Nigeria’s Oil Production Rises By 202,000 Barrels As OPEC Increases Output
Nigeria increased oil production by 202,000 barrels per day (bpd) in January, compared to a recorded decline in December last year, as the major Oil cartel decided to maintain higher output. This was disclosed by the Organization of Petroleum Exporting Countries (OPEC),
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