Downstream

By Adaobi Rhema Oguejiofor The Nigeria Labour Congress (NLC) has cautioned all those demanding for fuel subsidy removal to refrain from the idea and save the country from another round of social turmoil, or push for it and set the…
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By Adaobi Rhema Oguejiofor The Nigerian National Petroleum Company (NNPC) Limited has said that the total volume of 515.99 million litres of petrol was evacuated from the 33 top loading depots between March 25th and March 31st.…
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By Moses Patience Chat. The United States of America (USA) has urged President Muhammadu Buhari to remove the controversial fuel subsidy before handing over power to a new administration on May 29. The outgoing US Ambassador to…
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By Adaobi Rhema Oguejiofor The National Bureau of Statistics (NBS) has said that the average retail price of petrol per litre has increased in Nigeria from N170.42 in February 2022 to N263.76 in February 2023. This was revealed…
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By Adaobi Rhema Oguejiofor The Chief Executive Officer of CFG Advisory, Mr Tilewa Adebayo, has said that fuel subsidy removal has been heavily politicized amidst Nigeria’s rising debt profile. Adebayo disclosed this in an…
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By Moses Patience Chat The Federal Government on Wednesday said it is yet to arrive at a consensus with state governors on efforts to set up palliative measures ahead of the June 2023 deadline for the termination of fuel…
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By Moses Patience Chat The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday said there has been lopsidedness in the distribution pattern of Premium Motor Spirit ( PMS), also known as petrol, stressing that…
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NJ Ayuk By Moses Patience Chat The Executive Chairman of African Energy Chamber (AEC), NJ Ayuk, has said that Africa as a continent needs free markets and participation of private the sector in order to experience significant…
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By Moses Patience Chat The Major Oil Marketers Association of Nigeria (MOMAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have said that fuel scarcity, which has re-surfaced in the Federal Capital…
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By Adaobi Rhema Oguejiofor The Nigerian National Petroleum Company Limited (NNPCL) has announced that it has about 2.1 billion litres of fuel in stock that will ensure sufficient supply of petrol for a period of at least 35 days…
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