The forum also called on President Muhammadu Buhari to respect the law establishing the Nigeria Delta Development Commission… Governors of the South-South have resolved that states in the region should join the suit filed by the Federal Inland Revenue Service (FIRS) challenging the collection of Value Added Tax (VAT) by states. This formed part of the … Read more
The Federal Government (FG) has said that petrol pricing will be fully deregulated before the end of the year. The Minister of State for Petroleum Resources, Timipre Sylva, made this known while speaking on the controversy surrounding a new price template of N206 per litre from N162 – N163. The Federal Government (FG) has said … Read more
The Major Oil Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) have debunked the increment in the pump price of Premium Motor Spirit, also known as petrol. The Executive Secretary, MOMAN, Mr Clement Isong, while reacting to reports that the price of PMS has been increased to N212.61 per litre, … Read more
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Melee Kyari, has revealed that Nigeria lost $48 million to pipeline vandalism and crude oil theft between January and June, 2020. made this known on Wednesday in Abuja. Kyari said the Federal Government requires $2billion to replace obsolete pipelines from Excravos to Kaduna. He spoke via … Read more