Tag: NNPC

Nigeria receives refined fuel lower in value by $723 million, compared to crude oil it sent abroad for refining.

“Mr. President has directed that we should maintain all the parameters to ensure that it is sold at N145 per ...

The report revealed that Nigeria’s oil and gas revenues dropped from $54.5 billion in 2014 to $24.8 billion in 2015.

Some filling stations sold above approved price.

The fuel crisis across Nigeria has been on for about three weeks.

“Where is NNPC getting the money with which it is subsidizing petrol with N26 per litre?

We supply you products despite N26.7 billion debt, NNPC says.

Officials have provided different reasons for the current fuel scarcity.

The government admits the landing cost for petrol is N171 a litre as against N145 pump price, yet denies subsidy ...

“It is on record that any time NNPC assumes the role of sole importer; there are issues of distribution.”

Only few filling stations still sold at N145 per litre.

The president said he has directed the NNPC to do something about the crisis.

Most stations at Ikorodu, Epe, Imota, Ibeju-Lekki and Ajah were seen selling petrol at N200 per litre.

Nigerians continue to face persistent petrol scarcity days before Christmas.

Nigerians are forced to spend several hours at the few filling stations selling petrol.

The NNPC says it has more than doubled fuel supply nationwide.

Some of the filling stations were found selling the product above the approved government price.

A fertilizer plant is also planned for Izzon, Niger State.

The corporation says it has 21 days sufficiency of petrol.

The corporation sold about 1.3 billion litres of petroleum products throughout the country.

The Corporation lists criteria for winning the scholarship.

Two other marketers were queried.

The petroleum minister presented the contract to FEC on Wednesday.

Details of the NEC meeting are provided

The $2.7 billion contract is for the installation of the new Ajaokuta-Kaduna-Kano gas pipelines.