The Nigerian National Petroleum Company Limited (NNPCL) has said that it will deliver over 1.7 billion litres of PMS on marine and on land as the fuel scarcity persists nationwide, maintaining that there are no plans to raise PMS pump price now. The Group Managing Director of the company, Malam Mele Kyari, who made these […]
Amid growing concerns about the immediate negative implications of the fuel subsidy removal for poor Nigerians, the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), has lent its support for the fiscal measure and full-scale deregulation of the downstream sector to enhance economic growth and development of the nation. The government, through the Petroleum […]
In fulfillment of its promise, the Federal Government has paid the agreed N236 billion as first tranche of the outstanding subsidy claims to oil marketers. The Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation (NNPC) Mr Henry Ikem-Obih, who disclosed this on Monday said that government through the Central Bank, had directed banks to freeze […]
The Nigerian National Petroleum Corporation (NNPC) on Sunday disclosed that it had fast-tracked agreements with petroleum products bulk purchase nationwide with a view to ensuring uninterrupted products’ availability throughout the yuletide and beyond across the country. The corporation’s Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, gave this hint in a statement, indicated that […]