Downstream

By Saidu Abubakar The Nigerian Midstream and Downstream Petroleum Regulatory Authority(NMDPRA) has assured Nigerians that operations in loading depots have fully resumed following removal of restriction of movements during the…
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Adaobi Rhema Oguejiofor Oil marketers have said that many depots have stopped loading fuel as a result of the uneasiness caused by the collation of the February 25 presidential election results across the country, which the APC…
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*Fuel dispenser pump The Independent Petroleum Marketers Association of Nigeria, IPMAN, has disclosed that the official ex-depot price of petrol is now N180 per litre as against the previous N148 per litre under the new price regime…
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Adaobi Rhema Oguejiofor The Nigerian National Petroleum Company (NNPC) Limited has disclosed that the amount of money spent as subsidy on fuel is now over N400 billion per month. Mele Kyari, the Group Chief Executive Officer…
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Oil marketers in Nigeria under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have decried the ex-depot price of Premium Motor Spirit (PMS) known as petrol which increased by 110 pe rcent in four…
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*As FG orders massive distribution of petrol to marketers After about four months of petrol scarcity in the country, which triggered long queues at filling stations, and the arbitrary increase in prices in many parts of the country,…
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The Nigerian National Petroleum Company Ltd, NNPC, has released details of how it distributed a total of 502.21 million litres of Premium Motor Spirit, PMS, in one week to bridge the gap. According to NNPC, the petrol, distributed…
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By Adaobi Rhema Oguejiofor Oil marketers on Wednesday said that the supply of fuel is not yet stabilized and is the reason for the extensive queues still seen in most parts of the country, except in Abuja. While reacting to the…
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By Moses Patience Chat The Federal Government has said that profiteers who are after making outrageous profits are the people responsible for the sharp and abnormal increase in the price of fuel in the country. Timipre Sylva, who…
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By Yange Ikyaa The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the management of the Nigerian National Petroleum Company (NNPC) Limited has allocated petrol to its members directly to ease scarcity. …
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