By Muhammad Lado/ Abuja Nigerians would need not fret over the fears of petrol scarcity during the election period as the Nigerian National Petroleum Company (NNPC) Limited says it has 1.805 billion litres of the product in stock. The spokesperson of the NNPC Garba Deen Muhammad, NNPC spokesperson, who made ...
"Simply put, this current problem stems from the fact that Emefiele, CBN and the banks have shown lack of capacity! Simplicita! This same tardiness Emefiele has inflicted on forex and the multiple policy somersaults the portfolio has suffered. Everything about the Naira redesign is a bad policy implemented badly! Timing. ...
By Elohor Igbru The Federal Government has absolutely no business in the business of running the oil and gas sector and declared that the All Progressive Congress (APC) has failed in that sector and should hand off control immediately, governor of Kaduna state, Nasir El-rufai said yesterday. It would be ...
By Elohor Igbru, Abuja The federal government has denied that it was responsible for the increase in the pump price of Premium Motor Spirit (PMS), also called petrol currently in force throughout the country. Timipre Sylva, minister of state for petroleum resources, said this at the Nigerian Midstream and Downstream ...
By Elohor Igbru A newly incorporated Nigerian National Petroleum Company Limited, will serve as service providers to the Federal government and ensures it gets supply of petroleum products, Group Managing Director, Mele Kyari has said. Kyari spoke in an interview ahead of the unveiling of the company as a commercial ...
From Our Correspondent Nigerians would heave a sigh of relief as the Nigerian Association of Road Transport Owners, (NARTO) National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers (PTD) have suspended its planned strike. This follows the persistent fuel crisis in Abuja and major cities across ...
..We’ll handle erring PMS suppliers, House C’ttee tells Nigerians By Our Correspondent The Chief Executive Officer/ Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, Mallam Mele Kyari has assured Nigerians that the current fuel queue will vanish in few days. Kyari said NNPC has placed order for ...
By Our Correspondents Minister of Petroleum, President Muhammadu Buhari is in Belgium to attend the 6th European Union-African Union Summit. The President who doubles as the Minister of Petroleum is leaving the country at a time when a persistent fuel crisis has crippled economic and social activities in the nation’s ...
By Our Correspondents The shortage of Premium Motor Spirit, PMS, popularly called petrol worsened Monday as long queues of vehicles were seen around few filling stations dispensing fuel. The NNPC Group Managing Director, Mele Kyari, had blamed the scarcity of petrol on the adulterated product brought into the country without ...
By Admin President Muhammadu Buhari has appointed new members for the board ofthe Nigerian National Petroleum Corporation (NNPC). This directiveeffectively incorporated the Corporation. This is in consonance with Section 53(1) of the Petroleum Industry Act2021, which requires the Minister of Petroleum Resources to cause forthe incorporation of the NNPC Limited ...
