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Fuel Subsidy

8 posts
Deregulation: Petrol consumption drops by 92%
Posted in Feature

Deregulation: Petrol consumption drops by 92%

Estimated read time 3 min read
October 28, 2024
Our Reporter

As premium motor spirit (PMS) or petrol prices rises, the demand from the product has taken a plunge. This is…

Learn More Leave a Comment on Deregulation: Petrol consumption drops by 92%
BREAKING: IMF Breaks Silence on Role in President Tinubu’s Subsidy Removal
Posted in News

BREAKING: IMF Breaks Silence on Role in President Tinubu’s Subsidy Removal

Estimated read time 1 min read
October 25, 2024
Our Reporter

The International Monetary Fund (IMF) has finally broken its silence on its alleged role in President Tinubu’s fuel subsidy removal…

Learn More Leave a Comment on BREAKING: IMF Breaks Silence on Role in President Tinubu’s Subsidy Removal
NMDPRA: Dangote Refinery Will Supply 25m Litres Of Petrol Daily In September
Posted in News

NMDPRA: Dangote Refinery Will Supply 25m Litres Of Petrol Daily In September

Estimated read time 2 min read
September 3, 2024
Our Reporter

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Dangote refinery will supply 25 million litres of fuel daily…

Learn More Leave a Comment on NMDPRA: Dangote Refinery Will Supply 25m Litres Of Petrol Daily In September
NNPCL declares N3.3trn profit for 2023
Posted in News

NNPCL declares N3.3trn profit for 2023

Estimated read time 1 min read
August 19, 2024August 19, 2024
Our Reporter

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared N3.3 trillion profit for the 2023 financial year. Chief Financial…

Learn More Leave a Comment on NNPCL declares N3.3trn profit for 2023
Tinubu approves payment of fuel subsidy – Report
Posted in News

Tinubu approves payment of fuel subsidy – Report

Estimated read time 2 min read
August 19, 2024August 19, 2024
Our Reporter

President Bola Tinubu has approved the request of the Nigerian National Petroleum Company Limited (NNPCL) to use the 2023 dividends…

Learn More Leave a Comment on Tinubu approves payment of fuel subsidy – Report
NNPC targets two million barrels oil production daily
Posted in News

NNPC targets two million barrels oil production daily

Estimated read time 3 min read
July 31, 2024
Our Reporter

The Nigerian National Petroleum Company Limited has announced its goal to increase crude oil production to two million barrels per…

Learn More Leave a Comment on NNPC targets two million barrels oil production daily
Petrol scarcity: Major oil marketers to lift 300m litres of PMS this week
Posted in News

Petrol scarcity: Major oil marketers to lift 300m litres of PMS this week

Estimated read time 2 min read
April 30, 2024April 30, 2024
Our Reporter

The Major Energies Marketers Association of Nigeria (MEMAN) says its members have commenced loading over 300 million litres of premium…

Learn More Leave a Comment on Petrol scarcity: Major oil marketers to lift 300m litres of PMS this week
Posted in Feature

Tinubu’s Hasty Removal Of Fuel Subsidy Brought Hardship On Nigerians – Buhari’s Former Adviser, Itse Sagay

Estimated read time 3 min read
February 9, 2024
Our Reporter

Prof Itse Sagay, who was former President Muhammadu Buhari’s appointee and served as the Chairman of the Presidential Advisory Committee…

Learn More 1 Comment on Tinubu’s Hasty Removal Of Fuel Subsidy Brought Hardship On Nigerians – Buhari’s Former Adviser, Itse Sagay

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