NNPC Unveils Command Centre for Real-Time Monitoring of Hydrocarbon Operations

Centralized Data and Enhanced Tracking: NNPC’s Strategy to Revolutionize the Energy Sector Mele Kyari’s Has Achieved A Production Increase to 1.8m bpd PMCC: A Transformative Step in Boosting Oil Production and Operational Efficiency The Nigerian National Petroleum Company Limited (NNPC Ltd.) has introduced the Production Monitoring Command Centre (PMCC), a transformative initiative aimed at revolutionizing … Read more

Fuel Prices Soar As Independent Marketers Defy Improved Supply

Fuel Prices Soar As Independent Marketers Defy Improved Supply

Independent Marketers Hike Petrol Prices Wide Price Gap Between Major and Independent Sellers Supply Breakdown at NNPC Blamed for Price Surge Eko Hot Blog reports that despite an improvement in fuel supply, independent marketers have shockingly increased petrol prices nationwide. In contrast, major marketers have maintained relatively stable prices, creating a significant price disparity. Editor’s … Read more

Oil Marketers Deny Petrol Price Drop Amidst Market Stability

Oil Marketers Deny Petrol Price Drop

Oil Marketers Deny Petrol Price Drop Amidst Market Stability Associations maintain stance: PETROAN and IPMAN reaffirm no changes, while MEMAN emphasizes stable pricing through depot ownership. Speculation lingers on direct sourcing: Rumors suggest price shifts from independent sourcing, contrasting MEMAN’s distribution model. EKO HOT BLOG reports that oil marketers and other operators in the downstream sector … Read more

NNPCL Given Seven Days To Account For ‘Missing $2.04 Billion, N164 Billion Oil Revenues’

NNPCL

EKO HOT BLOG reports that the Nigerian National Petroleum Company Limited (NNPCL) has been given a seven-day ultimatum by the Socio-Economic Rights and Accountability Project (SERAP) to account for alleged missing oil revenues totaling USD$2.04 billion and N164 billion, as documented in the latest annual report by the Auditor-General of the Federation. In a letter dated … Read more

Subsidy Removal: NUJ Backs NLC, Mobilises Members For Nationwide Protest

NUJ protest subsidy removal

The Nigerian Union of Journalists rejects subsidy removal, supports nationwide protests if pump prices aren’t reversed. High inflation and reduced purchasing power could lead to social unrest. NUJ directs members to start industrial action from June 7th if price regime remains. EKO HOT BLOG reports that the Nigerian Union of Journalists has rejected the sudden … Read more

Buhari Approves N1.5 Trillion For Rehabilitation, Construction Of Over 700km Roads

Buhari

The Nigerian government has approved N1.535 trillion for the construction and rehabilitation of 11 major roads across. The roads will span over 700km and connect 11 different states. This initiative was approved by the Federal Executive Council under the leadership of President Muhammadu Buhari EKO HOT BLOG reports that the sum of N1.535 trillion has … Read more