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NNPC News - Page 3

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

President of Dangote Group, Alhaji Aliko Dangote, has said he is ready to endure economic losses to ensure that Nigerians get cheap fuel supply. As part of the agreements reached with the Nigeria National Petroleum Company Limited (NNPCL), Dangote has accepted to

September 14, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Business·Oil & Gas

NNPCL Will Be Sole Offtaker Of Dangote Refinery Petrol – Nigerian Govt

The Nigerian government has said all arrangements have been concluded for the sale of crude oil in naira to Dangote Refinery and other local refineries and also sale of refined petroleum products in naira. It also clarified that Dangote Refinery will sell

September 14, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·Finance & Economy·News·Oil & Gas

Nigerians Accuse NNPCL Of Attempting To Hijack Dangote Refinery

Nigerians have reacted to the demand by the Nigeria National Petroleum Company Limited (NNPCL) to have a permanent presence at the Dangote Refinery in Lagos, as part of a proposed crude oil supply deal. They expressed misgivings about the new arrangement between

September 13, 2024

Nigeria’s Energy Crisis: A Fuel Hike Or A Broken System?

Business·News·Oil & Gas

Petrol Price Delay Sparks Concern Among Marketers As Import Costs Rise

Marketers Concerned Over Petrol Price Delay Oil marketers in Nigeria are growing anxious about the delay in announcing the price of Premium Motor Spirit (PMS), commonly known as petrol, produced by the Dangote Petroleum Refinery. With the current landing cost of imported

September 10, 2024

N15 Reduction Is Insignificant- Nigerians React As NNPCL Reduces Petrol Price To N945/ Litre

Business·News·Oil & Gas

TUC Urges Special FX Rate For NNPCL To Cut Petrol Prices

TUC Calls for Special FX Rate to Reduce Petrol Prices The Trade Union Congress (TUC) has urged the Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS) to implement a special foreign exchange rate (Fx rate) for the Nigerian National

September 10, 2024

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Business·News·Oil & Gas

Petrol Prices Influenced By Forex, Market Forces – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has stated that foreign exchange (forex) crisis has been a significant factor influencing the changes in price of Premium Motor Spirit (PMS) in the country. Speaking on TVC News “Journalists’ Hangout” show on Thursday, the Executive

September 6, 2024

Reviving Brass, Olokola LNG Projects Will Boost Power Generation, Economy – NNPCL

Opinion

NNPC: From Monopoly To Monopsony

Very few business organisations are as lucky as NNPCL, Nigeria’s state-owned oil company, founded over 50 years ago. Since its founding, the corporation has consistently failed to perform its basic functions and meet its organisational objectives; and rather than being liquidated or

September 6, 2024

Business·FEATURES·Oil & Gas

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

As Nigerians grapple with scarcity and high price of fuel, it has been emphasised that only a fully deregulated market with perfect competition, would facilitate increased supply, and make the commodity stable and affordable in the country. With four major government-owned refineries

September 5, 2024

Business·Markets·News·Oil & Gas

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

The Nigerian National Petroleum Company Limited (NNPCL) has found itself at the centre of a financial and operational crisis that has left Nigerians reeling from the consequences. The NNPCL, once hailed as Nigeria’s most valuable asset, is now being viewed by many

September 5, 2024

Business·News·Oil & Gas

Lagos Residents Lament As High Fuel Price Triggers Transportation Chaos

Fuel prices have skyrocketed in Lagos, creating a scarcity that has disrupted daily life and led to an unprecedented increase in transportation costs. As filling stations across the city struggle to meet demand, residents are left grappling with the financial burden of

September 3, 2024

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NNPC News - Page 3

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

NNPCL Will Be Sole Offtaker Of Dangote Refinery Petrol – Nigerian Govt

Nigerians Accuse NNPCL Of Attempting To Hijack Dangote Refinery

Petrol Price Delay Sparks Concern Among Marketers As Import Costs Rise

TUC Urges Special FX Rate For NNPCL To Cut Petrol Prices

Petrol Prices Influenced By Forex, Market Forces – NNPCL

NNPC: From Monopoly To Monopsony

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

Lagos Residents Lament As High Fuel Price Triggers Transportation Chaos

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