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NUPENG, petrol tanker drivers debunk nationwide strike

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum Tanker Drivers (PTD) have dismissed reports of plans to embark on...

EFCC arraigns man for illegal dealings in petroleum products

The Economic and Financial Crimes Commission (EFCC) has arraigned one Morris Gbiki Karinane before the Federal High Court sitting in Port Harcourt, the Rivers...

Reps to probe petrol subsidy regime

The House of Representatives Committee on Petroleum Resources (Downstream) has announced plans to conduct a comprehensive audit of the subsidy regime of the Premium...

Subsidy removal and Tinubu’s $1trn economy, By UCHE NNADOZIE

By UCHE NNADOZIE The removal of petrol and forex subsidies has indeed been a significant economic policy change, and it has stirred various opinions and...

Nigeria’s petrol daily consumption drops from 66.7m to 44.3m litres

Nigeria’s domestic consumption for petrol has significantly dropped from 66.7 million litres, before the deregulation, to 44.3 million litres per day. Chief Executive of the...

PENGASSAN: Why Tinubu’s govt paying subsidy for petrol

The Bola Tinubu-led Federal Government has resumed payment of subsidy payment on petroleum products. President of the Trade Union Congress (TUC), Festus Osifo, made the...

Police arrest 4 for stealing NNPCL petrol, nab 42 others

The operatives of the Edo State Police Command have arrested four suspects for allegedly stealing Premium Motor Spirit (PMS), otherwise known as petrol, from...

Customs intercepts N1.76bn foreign rice, petrol, used clothes

The officers of the Nigeria Customs Service (NCS), the Federal Operations Unit, Zone A, Ikeja in Lagos State, have intercepted eight trailer loads of...

NNPCL: We’ve no plans to increase petrol price

The Nigerian National Petroleum Company Limited (NNPCL) says it has no intention to increase the pump price of Premium Motor Spirit (PMS), fondly called...

Petrol workers threaten nationwide strike over bad roads

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has threatened to embark on a nationwide strike over the deplorable condition of some...