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Saturday, 15 March 2025
News

Tinubu Lauds NNPCL Over Warri Refinery Re-Opening

President Bola Tinubu has expressed delight over the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited (NNPCL), describing it as a significant milestone in 2024 that reinforces Nigerians’ confidence in his administration.   In a statement issued by the Presidential Adviser on Information and Strategy, Bayo Onanuga, it […]

News

FG Announces End of Fuel and FX Subsidies

The federal government has formally announced the termination of fuel and foreign exchange subsidies, according to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, on Thursday.   Edun made this statement during the presentation of the Nigeria Development Update hosted by the World Bank in Abuja.   The subsidies, according to […]

Business

NNPCL Details N898/Litre PMS from Dangote as Fuel Surpasses N1,000 in North, N950 in Lagos

The Nigerian National Petroleum Company Limited (NNPCL) has provided a breakdown of the N898 per litre price of Premium Motor Spirit (PMS), commonly known as petrol, sourced from the Dangote Refinery.   In a statement issued on Monday by its spokesperson, Olufemi Soneye, NNPCL clarified that while it pays Dangote in dollars, the price per […]

Business

NNPCL Unveils 12 New CNG Stations in Abuja and Lagos

The Nigerian National Petroleum Company (NNPC) Limited has launched 12 new Compressed Natural Gas (CNG) stations in Lagos and Abuja, marking a significant step towards enhancing Nigeria’s energy infrastructure.   The inauguration ceremony, held on Thursday, saw the simultaneous opening of six CNG stations in Abuja, constructed by NNPC Retail Ltd, and six CNG-Autogas stations […]

News

NNPCL Opens Fuel Reserves Nationwide to Combat Fuel Scarcity – Marketers

Petroleum marketers announced that the Nigerian National Petroleum Company Limited (NNPCL) has opened its fuel reserves across the country to address the ongoing fuel scarcity in Nigeria. In separate statements following a meeting with NNPCL, Hammed Fashola, National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), and Billy Hilly-Harry of the Petroleum Products […]