FG has scrapped DPR, PPPRA, PEF sacked their CEOs and has inaugurated new agencies. EKOHOTBLOG reports that the Federal Government on Monday officially announced the scrapping of the Department of Petroleum (DPR), the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Petroleum Equalization Fund (PEF). The development was disclosed by the Minister of State for … Read more
The Minister of State for Petroleum Resources, Timipre Sylva, has debunked the claims that the Federal government once promised to reduce the price of Premium Motor Spirit (petrol) to a static low price. Sylva also said the government had concluded that it could no longer bear the burden of petrol subsidy. This was contained in … Read more
The Minister of State for petroleum resources, Timipre Sylva has disclosed the federal government is working on a cheaper fuel alternative for Nigerians. He said with the alternative, Nigerians may be able to get fuel at the cheap rate of N97 per litre as against the current N145 per litre. The Minister made the submission … Read more