Petrol subsidy is back to the nation. The Nigerian National Petroleum Corporation has been offsetting for months the difference between the landing costs of petrol and the pump price. In series of interviews with knowledgeable players in the sector, NAN can report authoritatively that the landing costs per litre of petrol is higher than the […]
Read More
It has been a long standing argument by critical assessors of the economy that deregulation remains the tonic to turn around the fortunes of the downstream sector of the oil and gas industry. Those who canvass this position argue that it will provide enduring solution to the recurring scarcity of petroleum products and halt the […]
Read More The Federal Government has said it would pay subsidy on petrol from the recoveries made in the first quarter of this year. This is contained in the latest Petroleum Product Pricing Regulatory Agency (PPPRA) template released in Abuja. It said between January and March, the Federal Government was able to save about N10 billion as a […]
Read More
The Federal Government will pay subsidy on Premium Motor Spirit (petrol) from the over recoveries made in the first quarter of this year, as this is contained in the latest pricing template released by the Petroleum Products Pricing Regulatory Agency in Abuja, according to a report by the News Agency of Nigeria on Monday. According […]
Read More
