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The landing cost of a litre of imported petrol has increased by ₦88 in just one week, as confirmed by data obtained from the Major Energies...
Fuel queues have reportedly returned to some parts of Abuja and Lagos State, as more filling stations shut down due to unavailability or hoarding of the...
Strong indications have emerged that oil marketers in the country would soon end the Nigerian National Petroleum Company Limited (NNPCL)’s monopoly of importation of Premium Motor...
There are strong indications that the Federal Government has quietly returned to the fuel subsidy regime, as it was gathered that ₦169.4 billion was paid as...
Indications have emerged that oil marketers might be losing hope for local refining of fuel soon, as the 650,000 barrels per day Dangote Refinery is yet...
Stakeholders in the country’s oil and gas industry have called on President Bola Tinubu to declare a state of emergency on refineries. Industry players have argued...
Nigerians have been told to brace for a new pricing regime for Premium Motor Spirit, popularly called petrol, in the coming weeks. This is due to...
Oil marketers have said local refining will save at least ₦70 per litre off petrol prices when fully operational. Naija News gathered that the National Controller...
Black market fuel vendors and commercial drivers in neighboring Cameroon, Benin, and Togo have complained about a slow market since the removal of the subsidy regime...
Marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have vowed to compete with the Major Oil Marketers Association of Nigeria (MOMAN)...
Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have cried out to President Bola Tinubu to intervene in what they...
Sequel to the removal of subsidy on fuel by President Bola Tinubu and subsequently the hike in the pump price of the product by the Nigerian...
Oil marketers have come out to give reasons why fuel queues resurfaced in Federal Capital Territory at the weekend. According to them, the fear of electoral...
Indications are that the Federal Government has officially increased petrol price to ₦185 per litre, from ₦170 per litre. The government as gathered by Naija News...
Oil marketers have on Wednesday predicted a hike in the price of Premium Motor Spirit (PMS), popularly called petrol, due to scarcity in supply of the...
As part of efforts to find a lasting solution to the issue of fuel scarcity in the country, the Nigerian National Petroleum Company Limited (NNPCL) is...
The Federal Government and major oil marketers have differed on the lingering fuel scarcity in major cities, especially Lagos and Abuja. Naija News reports that fuel...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) Western Zone, has come out to explain why there is a hike in the pump price of Premium...
After nabbing illegal oil traders from different locations and operations across the country, statistics show that Nigerian security agencies recovered crude oil worth ₦86.2bn in August...
Oil marketers and depot owners have clashed over allegations of diversion of 16.6 billion litres of fuel to neighbouring countries. It was learned that the unabated fuel...
