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Reps to investigate NNPC fuel subsidy claim from 2017-2021

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The House of Representatives has constituted an ad hoc committee to investigate the Petroleum Products Subsidy regime between 2017 and 2021 by the Nigerian...

NNPC: No refinery is functional in Nigeria

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has said no refinery is working at the moment in...

Fuel scarcity: FG warns against panic buying, insists on N165 pump...

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Federal Government says the fixed pump price of Premium Motor Spirit (PMS), otherwise known as petrol, remains N165 per litre as stipulated in the...

Oil marketers shut stations, insist on N180 per litre

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Nigerians are currently paying more for Premium Motor Spirit, otherwise known as petrol, despite the official price still fixed at N162.50 and N165 per...

Fuel scarcity: Long queues resurface in Lagos

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Scores of commuters were stranded while motorists in some parts of Lagos State groaned in pain on Monday as fuel scarcity resurfaced in the...

NBS: Retail price for petrol increases to N173.08 in May

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The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit, otherwise known as petrol increased to...

Buhari approves upward review of oil transporters freight rate

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President Muhammadu Buhari has approved the upward review in freight rate for transporters to alleviate the challenges associated with the distribution of Premium Motor...

Atiku: I’d make Nigeria petroleum net exporter if elected president

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The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has vowed to drive private investment to shift Nigeria from net impoter to...

NNPC: Why fuel queues return to Abuja

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The Nigerian National Petroleum Corporation (NNPC) has said that low loadouts at depots are likely responsible for the fuel queues at petrol stations in...

Fuel scarcity: Long queues resurface in Abuja

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Most filling stations in the Federal Capital Territory (FCT), Abuja have been shut down following scarcity of Premium Motor Spirit (PMS), popularly known as...
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