Downstream

By William Emmanuel Ukpoju The Nigerian National Petroleum Company (NNPC) Limited has reassured motorists that the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, is improving and has…
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…Aramco pays $124.3bn dividend Some national companies who have released their 2024 first-quarter results are paying dividends, but for Nigerian National Petroleum Company Limited (NNPC), an inability to reform continues to rain on…
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The Nigerian National Petroleum Company (NNPC) Limited has reiterated its call for motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol, as the nationwide supply and distribution of the product…
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…Attendants In Gombe Sell At N1,700 Per Ltr To Black Market Cronies …Govt Has Demonstrated Incompetence In Managing Economy – Labour Activist …Dangote Refinery, Others Will End The Trend Soon – Industrialist  In Nigeria,…
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SIR: Before the twin policies of fuel subsidy removal and exchange rates unification by President Tibunu’s administration, the official price of petrol (PMS) was about N192, diesel (AGO) N850, kerosene (DPK) N1,100, aviation fuel…
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Filling stations in Abuja and its environs have unofficially increased the pump price of Premium Motor Spirit (PMS) known as fuel as scarcity of the product bites harder. A Correspondent of the News Agency of Nigeria (NAN) on…
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The Nigerian National Petroleum Company Limited on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity. As the…
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The Nigerian National Petroleum Company Ltd. (NNPC) has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out by Wednesday, April 31. Chief Communications Officer, NNPC, Mr Olufemi Soneye stated this on…
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Marketers resume product lifting from depots NNPC: There is sufficient stock Motorists and others waited for hours in queues at the few filling stations dispensing the product. Other states that experienced acute scarcity…
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As acute petrol supply challenges enter its second week, independent marketers have explained that issues that led to the scarcity of the product would take another two weeks to be fully resolved. Checks around Abuja on Sunday…
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