Downstream

The Nigeria Labour Congress (NLC) has threatened a comprehensive and indefinite nationwide shutdown of the country if there is any further hike in the pump price of petrol from the current 617 naira. There are reports that NLC…
Read More...

Petrol prices are set to increase even further in the coming days and could rise to as high as N720 per litre Already, at N600 per litre Nigerians are finding it difficult to afford essential commodities and transportation in their…
Read More...

Engr. Abdullahi Jankara, a former Operations Controller of defunct Department of Petroleum Resources, (DPR) has appealed to the Federal Government to use monies saved from removal of subsidy on petroleum product to provide…
Read More...

As Nigerians continue to grapple with the attendant effect of the removal of fuel subsidy and the cost of survival, residents of the Calabar metropolis have shared divergent views and difficulties as the days go by. Sharing…
Read More...

Major petroleum products marketers and other independent traders who recently restarted importation of Premium Motor Spirit (PMS), also called petrol, after the federal government removed petrol subsidy are contemplating to decline…
Read More...

President Bola Tinubu has said the announcement of the removal of the fuel subsidy is not a new development nor an action of his administration. Tinubu stated this following the long queues at petrol stations nationwide just hours…
Read More...

By Moses Patience Chat The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has shutdown 75 filling stations in Osun State for operating without valid licenses and other regulatory breaches. This was…
Read More...

By Moses Patience Chat The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that more collaborations and interventions are needed to improve domestic gas utilization in the country. The…
Read More...

By Moses Patience Chat The Lagos Chamber of Commerce and Industry ( LCCI) has said that the Federal Government’s plan to remove petrol subsidy will trigger investment and also reduce Nigeria's rising debts. LCCl’s…
Read More...

By Adaobi Rhema Oguejiofor The National Bureau of Statistics (NBS) has said that the price of petrol has increased by 81 percent in the last three years. This was contained in a report released by the Bureau recently, following…
Read More...