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Tag "Petroleum products"

‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

    ‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

Petroleum Tanker Drivers (PTD) says there is no shortfall in the distribution of petroleum products across the country. Lucky Osesua, national chairman of PTD, and Humble Obinna, national secretary, made

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Cardoso hints at reduced fuel prices in 2024, says ‘it’ll aid FX stability’

    Cardoso hints at reduced fuel prices in 2024, says ‘it’ll aid FX stability’

Olayemi Cardoso, governor of the Central Bank of (CBN), says fuel costs are expected to reduce in 2024, effectively impacting several segments of the economy. Cardoso spoke on Wednesday at

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NMDPRA licences three oil marketers to commence petrol importation from July 

    NMDPRA licences three oil marketers to commence petrol importation from July 

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says three oil marketers will start importing petroleum products from next month.  Farouk Ahmed, chief executive officer (CEO) of NMDPRA, disclosed

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FG: Nigeria to stop importing petroleum products by Q1 2024

    FG: Nigeria to stop importing petroleum products by Q1 2024

The federal government says Nigeria may stop the importation of petroleum products by the first quarter of 2024. Timipre Sylva, minister of state for petroleum resources, said this on Monday

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Oil marketers urge FG to pay outstanding bridging claims

  Oil marketers urge FG to pay outstanding bridging claims

The Association of Distributors and Transporters of Petroleum Products (ADITOP) has expressed dissatisfaction over unpaid bridging claims owed to its

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NNPC records product sale of N234bn in March — 24.7% increase from February

  NNPC records product sale of N234bn in March —  24.7% increase from February

The Nigerian National Petroleum Corporation (NNPC) says it recorded N234.63 billion revenue from the sale of white products in the

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Products from local refineries will be based on int’l pricing, says Mele Kyari

  Products from local refineries will be based on int’l pricing, says Mele Kyari

Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says local refineries will sell petrol based

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DPR warns depot owners against hoarding of petroleum products

  DPR warns depot owners against hoarding of petroleum products

The Department of Petroleum Resources (DPR) has warned depot owners across the country to desist from hoarding petroleum products in

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Products from Dangote Refinery to hit the market by early 2022, says director

  Products from Dangote Refinery to hit the market by early 2022, says director

Dangote Group says petroleum products from its 650,000 per day refinery will hit the market by early 2022 against the

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NNPC: Sales of petroleum products increased by 92% in October

  NNPC: Sales of petroleum products increased by 92% in October

The Nigerian National Petroleum Corporation (NNPC) says it recorded a 92 percent increase from the sales of white products in

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