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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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The minister gave the warning in Abuja when he appeared before the Senate Committee on Power at an investigative hearing over the recent electricity tariff hike by the Nigerian Electricity Regulatory Commission (NERC)on Monday, April…
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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 Electricity Regulatory Commission (NERC) has announced deregulation for metres deployed to electricity consumers under the Metre Asset Providers Scheme (MAPs). Chronicle NG reports that Nigerians will have to pay more…
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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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By Patience Chat Moses The Nigerian Content Development and Monitoring Board (NCDMB) has received an interim dividend payment of N450 million out the N1.5bn declared by the Waltersmith Refinery and Petrochemical Company Limited. …
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By Adaobi Rhema Oguejiofor The Chairman of Dangote Industries, Aliko Dangote, has promised to work with Nigerian airlines in order to ensure the supply of aviation fuel at a uniform price of N980 per litre to all airports across the…
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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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