Pump prices of Petrol hits ₦160 per litre at depots in Lagos

Despite the repeated assurance by the Nigerian National Petroleum Corporation (NNPC), that it has not increased its petrol ex- depot price from ₦133.80k, correspondent findings across some depots in Apapa proved otherwise. Some marketers who spoke to correspondent under the condition of anonymity, said the price of petrol received from NNPC as Wednesday was ₦160 […]

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NNPC retains position as Nigeria’s only importer of fuel – minister

The meeting between the Minister of State, Petroleum Resources, Dr Ibe Kachikwu and oil marketers in Abuja yesterday on how to end the recurring fuel scarcity challenge ended with a firm resolution that the Nigerian National Petroleum Corporation (NNPC) remains the sole importer of petrol. Another major takeaway from the meeting was that the price […]

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Maikanti Baru

DAPPMA: We supply you products despite your ₦26.7 billion debt, says NNPC

The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on the fuel supply situation, especially Premium Motor Spirit (petrol). NNPC wishes to affirm that it has supplied appreciable volume to DAPPMA, Major Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers […]

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