NNPC

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Fuel pump price could rise as int’l crude oil price reaches 3-year high

  Donald Trump’s withdrawal from the Iran Nuclear deal immediately triggered a rapid increase in the price of crude oil...
Kingsley OBIEJESI -
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Black market and middlemen — not poor — benefit from kerosene subsidy

  By Chibuikem Agbaegbu and Mark Amaza The history of fuel subsidies in Nigeria dates back to 1985. A policy of...
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NNPC subsidiary explains how bad roads worsen fuel scarcity

  Umar Ajiya, Managing Director of the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation...
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NNPC loses N900m daily selling fuel at N145, reveals Kachikwu

  Ibe Kachikwu, Minister of State For Petroleum Resources, says between October 2017 and now, the Nigerian National Petroleum Corporation...
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NNPC failed to remit $16.8 bn to federation account in 15 years, reveals NEITI audit

Nigeria National Petroleum Corporation (NNPC) failed to remit $16.8 billion from the Nigeria Liquefied Natural Gas (NLNG) to either...
Chikezie OMEJE -
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Fuel marketers: It costs us 167/litre to import fuel… we can’t sell at N145

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it is impossible to sell Premium Motor Spirit (PMS) at...
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