NNPC denies alleged plan to increase petrol pump prices

The Nigerian National Petroleum Company, NNPC, Limited has denied rumors of an impending increase in pump prices. In a statement released on X by the company’s management on Friday, 6th October, 2023, NNPC assured customers that there are no plans to raise…

Subsidy removal: Filling stations increase petrol pump price to N617 per liter

Petrol stations in Nigeria on Tuesday, 18th July, 2023, adjusted the pump prices of Petrol, known as Premium Motor Spirit, PMS, from 537 to 617 Naira Per Liter, barely 2 months after the last increase, which saw the price of petrol jump…

‘Fuel subsidy removal takes effect in June’ – President Tinubu

President Bola Tinubu has given clarification regarding the removal of the fuel subsidy on Monday, 29th May, 2023, during his inaugural speech. President Bola Tinubu This was disclosed in the Presidency official Twitter handle on Tuesday, 30th May, 2023. The statement reads;…

NNPC supports removal of fuel subsidy, calls for calm

The Nigerian National Petroleum Company Limited, NNPC, has welcomed the pronouncement of President Bola Tinubu on the removal of fuel subsidy on his inaugural address on Monday, 29th May, 2023. The President Bola Tinubu, declared an end to the era of subsidy…

‘Are we drinking the petrol?’: Sanusi queries 66m litres daily fuel consumption by NNPC

Former Governor of the Central Bank of Nigeria, and Emir of Kano, Lamido Sanusi, on Saturday, 17th October, 2022, queried the volume of Nigeria’s daily consumption of petrol claimed by the Nigerian National Petroleum Corporation, NNPC. Sanusi described the claim by the…

Reactions as Asa sang ‘Fire On The Mountain’ to Buhari and others

Nigerian artiste, Bukola Elemide, popularly known as Asa, got people talking on Tuesday 19th July, as she performed one of her hit songs titled “Fire on the mountain” to an audience with Nigerian President, Muhammadu Buhari in attendance. The performance got most…

NIGERIAN FUEL MARKETERS RESOLVE TO BLEND UNCLEAN FUEL AMIDST LOOMING SCARCITY

Oil marketers have decided to begin blending the more than 100 million litres of contaminated Premium Motor Spirit, also known as gasoline, that were smuggled into Nigeria over two weeks ago. Queues formed at Petrol stations by people trying to get petrol…

NNPC DISTRIBUTES 1BILLION LITRES OF FUEL NATONWIDE

The Nigerian National Petroleum Corporation Limited, NNPC, has said it is distributing 1 billion litres of safe Premium Motor Spirit, PMS, known as Petrol, in its stock to various fuel stations nationwide, in a bid to restore the normal supply of Petroleum…