Latest News Oil & Gas

NNPC Puts Daily Subsidy On Petrol At N774m

The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that it was spending N774 million daily as subsidy on the 50 million litres of Premium Motor Spirit (PMS) consumption nationwide. The corporation, which described the expenditure as under-recovery, attributed the daily cost to   the proliferation of filling stations in communities located around land and coastal borders. […]

Latest News Oil & Gas

Passage Of PIB To Be Completed Before June 31- Baru

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, has projected that the remaining parts of the Petroleum Industry Bill would be passed before the end of June this year. Baru, who set the deadline at the 2018 Oloibiri Lecture Series and Energy Forum organised by the Society for Petroleum […]