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The Petroleum Products Pricing Regulatory Agency (PPPRA) has said that expects oil marketers in Nigeria to resume the importation of petrol into the country following its recent announcement of the abolishment of pump price cap. It said…
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The Department of Petroleum Resources (DPR) in Katsina State has threatened to sanction any filling station found selling the product above the government regulated price of N125. The acting Controller of Operations in the state, Malam…
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• New price still off the mark• Govt makes N3.3b daily for selling petrol at N125 For pegging the pump price of petrol at N125 per litre, the Federal Government would be shortchanging Nigerians to the tune of N3.3 billion daily on the…
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The Department of Petroleum Resources (DPR), has said the pump price of Premium Motor Spirit (PMS) may go lower than N125 per litre, advising consumers not to stockpile the product. He also warned petroleum marketers against hoarding…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) had on Monday lauded the Federal Government for lifting the ban placed on the supply of petroleum products to border communities across the country. According to the…
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The Department of Petroleum Resources Monday in Katsina embarked on surveillance visits to petrol stations in Katsina to check on compliance and to enforce the sale of petrol based on the new pump price of N125 as approved by Federal…
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Members of the Independent Petroleum Marketers Association (IPMAN) have raised the alarm over the inability of the Depot and Petroleum Products Marketing Association (DAPPMA) to secure Federal Government approval for selling the Premium…
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The Nigerian National Petroleum Corporation said on Sunday that it sold a total of 21.51 billion litres of petrol worth N2.64tn from December 2018 to December 2019. The NNPC said the sale of white products from December 2018 to December…
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The Federal Government has lifted the ban placed on the supply of petroleum products to border communities across the nation. It would be recalled that the Comptroller-General of Customs, on November 6, 2019, directed that no petroleum…
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Oil marketers say they need some clarifications before they can begin to effect changes in the pump price of petrol. They say they are still waiting for the Petroleum Products Pricing and Regulatory Agency (PPPRA) to give them direction on…
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