Tag: Petroleum Products Pricing Regulatory Agency (PPPRA)

The EFCC chair, Mr Bawa, named authors of the petitions that triggered the commission’s investigations into the fuel subsidy fraud ...

The government has set up new agencies under the new Petroleum Industry Act.

The official says the PIA signals the implementation of full deregulation of the downstream sector

The Senate Public Accounts Committee also faulted the executive for withdrawing funds from Special Fund Accounts for purposes other than ...

The Senate Public Accounts Committee, which relied on the report of the Auditor General of the Federation, has asked PPPRA ...

There are a few other issues in the Bill that deserve serious scrutiny, including the proposed commercialisation of the NNPC.

The pricing template released by PPPRA effectively shows the government has been paying fuel subsidy despite its denials.

The agency says it does not “fix or announce prices", but previous templates it released formed the basis of fuel ...

The federal government has reversed the price increase.

The NNPC said on March 1 there was no plan to raise fuel prices.

The unions say the 10 per cent proposed by the petroleum industry bill for deep offshore operations is too high.

The new PIB is currently before the National Assembly for consideration.

Some of the vehicles in presidential fleet, minister's convoy have been converted to use autogas

Nigerian governors say they want to mediate in the dispute between the federal government on the hike in fuel prices ...

Mr Buhari gave this explanation on Monday while declaring open a 2-day First Year Ministerial Performance Review Retreat at the ...

The current approved petrol price, as announced by the PPPRA in July, ranges from N140.80 to N143.80 per litre price.

Consumers of petrol in the country would pay a 16.4 per cent increase in the price of petrol.

Under the new regime, fuel marketers were granted the licence to fix pump prices of petrol although an official disputed ...

Since the pronouncements by the NNPC GMD, Nigerians have been asking questions about whether that could translate to mean the ...

The groups said they support fuel subsidy removal but demand accountability in the use of the freed resources

With the plunge in crude oil prices, the government had no option than to respond to dynamics of the international ...

The Agency said it will continue to collaborate with the NNPC and other Oil Marketing Companies towards improving the regulatory ...

With expected open market price (EOMP) at ₦166.22, the level of subsidy per litre of petrol by government translates to ...

"...Subsidy is not good for us. Subsidy is harmful to our economy. Subsidy creates arbitrage. If it is possible, government ...

Currently, the NNPC holds about 60 per cent equity in all the joint venture operating agreements in the oil and ...