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The price of Premium Motor Spirit (PMS) also known as petrol now sells for up to N1,200 across some filling stations in Kano as the Nigerian National Petroleum Company Limited (NNPCL) outlets adjusted pump price to N904 per litre. NNPC stations are currently inundated by long queues as the price of the commodity skyrocketed in […]
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Nigeria National Petroleum Company Limited (NNPCL) has explained why fuel scarcity resurfaced in Abuja and Lagos State. NNPCL said the difficulty in the fuel supply and distribution witnessed in some parts of Nigeria, particularly, Lagos and Abuja was not because fuel is not available. In a statement, on Saturday, by the Chief Corporate Communications Officer […]
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In a most unexpected move, president Bola Tinubu has directed the Central Bank of Nigeria (CBN) to take over responsibility for crude oil sales from the Nigerian National Petroleum Company Limited (NNPCL). The President has also announced a shake-up in the oil sector to ensure transparency amid concerns about declining oil revenue and opaque practices […]
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The Nigerian National Petroleum Company Ltd (NNPCL), has explained that today’s increase in the price of Premium Motor Spirit (PMS) also known as petrol is due to the market realities. The company’s Group Chief Executive Officer, Malam Mele Kyari, stated this in an interview with newsmen shortly after a private meeting with the Vice President, […]
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