Tag: Petrol
Oil marketers shut stations, insist on N180 per litre
Nigerians are currently paying more for Premium Motor Spirit, otherwise known as petrol, despite the official price still fixed at N162.50 and N165 per...
Fuel scarcity: Long queues resurface in Lagos
Scores of commuters were stranded while motorists in some parts of Lagos State groaned in pain on Monday as fuel scarcity resurfaced in the...
NBS: Retail price for petrol increases to N173.08 in May
The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit, otherwise known as petrol increased to...
Buhari approves upward review of oil transporters freight rate
President Muhammadu Buhari has approved the upward review in freight rate for transporters to alleviate the challenges associated with the distribution of Premium Motor...
Atiku: I’d make Nigeria petroleum net exporter if elected president
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has vowed to drive private investment to shift Nigeria from net impoter to...
NNPC: Why fuel queues return to Abuja
The Nigerian National Petroleum Corporation (NNPC) has said that low loadouts at depots are likely responsible for the fuel queues at petrol stations in...
Fuel scarcity: Long queues resurface in Abuja
Most filling stations in the Federal Capital Territory (FCT), Abuja have been shut down following scarcity of Premium Motor Spirit (PMS), popularly known as...
One killed, vehicles razed as petrol-laden tanker explodes in Lagos
A petrol-laden tanker, on Friday, crashed and exploded at Ajegunle bus stop, Alagbado on the Lagos-Abeokuta Expressway.
It was gathered that the tanker exploded at...
NNPC: 1.6bn litres of PMS available for distribution
The Nigerian National Petroleum Company Ltd. (NNPC) has said there are over 1.6 billion litres of Premium Motor Spirit (PMS) available for nationwide distribution.
Malam...
NUPRC probes oil theft, sets up panel of experts
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set up a team of experts to carry out thorough auditing of the activities of operators...
