Nigeria imported 11.94 billion litres of Premium Motor Spirit (PMS), commonly known as petrol, during the first half of 2023, fresh data from the National Bureau...
Amid rumours of an impending scarcity and increase in the cost of Premium Motor Spirit (PMS) which has triggered panic buying amongst Nigerians, the Independent Petroleum...
The Nigerian Institute of Transport Technology has revealed that the Federal Government has approved 9,000 licensed filling stations for the co-location of Compressed Natural Gas or...
The Federal Government has directed depot operators to sell Premium Motor Spirit (PMS) also known as petrol at the official price of N172 per litre to...
The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN) Abuja-Suleja, Mohammed Shuaibu, has said the Nigerian National Petroleum Company (NNPC) Limited should be blamed for the...
As the Yuletide season beckons, the Nigerian National Petroleum Company (NNPC) has disclosed that appropriate supply arrangements have been made, so there won’t be a shortage...
The Nigerian National Petroleum Company (NNPC) Limited has revealed that the citizens consumed 966.58 million litres of petrol in two weeks. In the latest Premium Motor...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has blamed rising energy prices for the hike in inflation rate experienced within the...
Airlines in the country have announced a 100 percent increase in airfare tickets amid high cost of aviation fuel, and low number of aircraft. This was...
President Muhammadu Buhari said on Thursday all persons behind the importation and supply of adulterated petrol in the country must be held accountable for their actions....
The Federal Government on Wednesday assured Nigerians on the availability of fuel nationwide after queues appeared in filling stations across the country due to shortage of...
The National Bureau of Statistics (NBS) has disclosed that the average price for premium motor spirit also called petrol in the country was N164.85 in September...
Ardova Plc has reported a drop in its revenue due to weak sales in fuel and solar systems. According to its unaudited financial statements for the...
Troops of Operation ”Hadin Kai” in conjunction with local vigilantes, on Tuesday, raided a suspected Boko Haram logistics stockpile in Kurkareta town, Yobe, and arrested some...
The Federal Road Safety Corps (FRSC) on Monday confirmed that 12 persons were killed in a tanker explosion at Oshigbudu, Agatu local government area of Benue...
The Department of Petroleum Resources (DPR) on Wednesday, dispelled fears of fuel scarcity during the Easter period, assuring a steady supply of petroleum products across the...
A member of the House of Representatives, Teejay Yusuf has accused the President Muhammadu Buhari-led government of compounding the ‘woes’ of Nigerians with the recent hike...
The Academic Staff Union of Universities (ASUU) has condemned the Federal Government of Nigeria led by President Muhammadu Buhari over the recent hikes in petrol price...
The price of fuel in the South-East region may be higher than other parts of the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu...
Ogun State Governor, Dapo Abiodun, on Thursday expressed his support for the Federal Government’s decision to hike electricity tariff and fuel pump price. In a chat...
The Nigerian National Petroleum Corporation (NNPC) posted a N5.34 billion ($14 million) cost for fuel in June, months after it changed its pricing method in order...
The Petroleum Products Price Regulatory Agency (PPPRA) has said Nigerians should be ready to pay high or low prices for petrol considering the price liberalisation scheme...
The Nigerian National Petroleum Corporation (NNPC) has declared that it has enough petroleum products to serve Nigerians for over sixty days, saying there is no reason...
The total amount of money spent by the Federal Government, through the Nigerian National Petroleum Corporation (NNPC) on subsidising Premium Motor Spirit in December 2019, stood...
The long arm of the law caught up with 16 Malaysian crew members who were arrested about 5 nautical miles from Abu Musa island by Iran‘...
The Department of Petroleum Resources has told filling stations in Northwest state of Zamfara to stop supplying petroleum products to bandits in the area. The DPR...
Barely 48 hours after a fire disaster at the Ochanja market, Onitsha, left several people dead and destroyed property worth millions of Naira, another tanker laden...
A monarch from Ogun state, Ooye of Iwoye Ketu, Oba Joel Alaye, on Monday said the partial closure of the border by the Federal Government had...
Some hoodlums, who were allegedly dressed as soldiers on Thursday at Tunde Alabi Crescent, Mafon in the Ejigbo area of Lagos state vandalised a petrol pipeline,...
Based on a document obtained by Daily Trust, oil marketers collected a total of $3.075 billion from government to import fuel at the rate of N305...
A fuel crisis-free Christmas is now uncertain in Nigeria, New Telegraph can authoritatively report. This is because more filling stations in Lagos and Ogun states yesterday...
The Senate on Saturday stated that reports suggesting that it plans to advice for an increase in fuel prices by N5 were untrue. The Senate president’s...
A bill, currently before the Senate, has recommended a levy of N5 chargeable per litre on any volume of petrol and diesel products imported into Nigeria...
Nigeria tops list of countries in African yet to implement the United Nations Environment Programme’s (UNEP’s) ban of contaminated fuel, otherwise known as toxic fuel into...
Deputy Speaker of Osun state House of Assembly, Akintunde Adegboye, on Monday said that they are also affected by the economic crunch and sleep in darkness...
In from Ali Smart . . . . Nigeria expended a total of N20 trillion on fuel importation from January 2010 to September 2015, the Nigerian...
By Ali Smart . . . After what seem to be a back and front movement, and contrary to what Nigerians were initially made to believe,...
In from Ahmed Boulor . . . The persisting fuel scarcity in Nigeria has elicited tons of comments and reactions from concerned Nigerians as the situation...
In from Timothy Enietan-Matthews . . . Independent petroleum marketers, have said that those responsible for the existing fuel scarcity in some parts of the country,...
Managing Director/CEO Capital Oil and Gas, Ifeanyi Ubah has stated, that current fuel stock in the company’s storage tanks and buffer stock on vessels awaiting discharge...
Many have always adduced that Nigeria, especially the capital cities of states like Lagos are very stressful, and that this has contributed in no small means...
