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NBS: Plateau, Nasarawa paid above N170 for petrol in October

    NBS: Plateau, Nasarawa paid above N170 for petrol in October

The National Bureau of Statistics (NBS) says Plateau, Nasarawa and Abia States paid the highest amount for premium motor spirit (PMS), better known as petrol, in October 2021. The average

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Petrol scarcity looms in Enugu, Anambra, Ebonyi as IPMAN withdraws services

    Petrol scarcity looms in Enugu, Anambra, Ebonyi as IPMAN withdraws services

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked its members to withdraw their services in some states in the southeast region. Sanusi Fari, the national president of IPMAN,

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Mele Kyari: High price differentials responsible for petrol smuggling

    Mele Kyari: High price differentials responsible for petrol smuggling

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), has blamed the huge price differential in the pump price of petrol in Nigeria and neighbouring countries for

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DPR: FG’s plan to boost oil, gas reserves on course

    DPR: FG’s plan to boost oil, gas reserves on course

The Department of Petroleum Resources (DPR) says the federal government’s plan to increase the nation’s oil and gas reserves is still on course. In a statement issued on Tuesday, Paul

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NNPC: We spent N541bn on petrol subsidy in six months

  NNPC: We spent N541bn on petrol subsidy in six months

The Nigerian National Petroleum Corporation (NNPC) says it spent N541.65 billion on petrol subsidy between February and July 2021. This

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Petrol smuggling: Customs, NSA grant supply waivers to filling stations near borders, says DPR

  Petrol smuggling: Customs, NSA grant supply waivers to filling stations near borders, says DPR

The Department of Petroleum Resources (DPR) has denied the claim by the Nigerian Customs Service (NCS) that it was partly

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NBS: Adamawa, Kwara, Plateau paid highest for petrol in July

The National Bureau of Statistics (NBS) says Adamawa, Kwara, and Plateau States paid the highest amount for premium motor spirit

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NNPC: N2trn worth of petrol consumed in 12 months

  NNPC: N2trn worth of petrol consumed in 12 months

The Nigerian National Petroleum Corporation (NNPC) says consumers in the country spent N2.07 trillion in 12 months (February 2020-2021) on

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DPR backtracks, says comment on N1,000 per litre of petrol was ‘taken out of context’

  DPR backtracks, says comment on N1,000 per litre of petrol was ‘taken out of context’

The Department of Petroleum Resources (DPR), on Tuesday, clarified its comment projecting a hike in the pump price of premium

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DPR: Petrol price may increase to N1,000 per litre if subsidy is removed

  DPR: Petrol price may increase to N1,000 per litre if subsidy is removed

The Department of Petroleum Resources (DPR) says the pump price of petrol in Nigeria may rise to N1,000 per litre

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